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Gone quietPolitics

UK budget plans on capital gains tax

Chancellor John Healey delivers his first budget next Tuesday. The Times and Treasury sources say he has ruled out a rise in capital gains tax, despite lobbying by allies of Andy Burnham.

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The Guardian · WorldTue 20 Oct · 07:47 UTC

Badenoch says Healey’s budget will be worse than Reeves’s if he doesn’t slash spending – UK politics live Conservative…

01Developments

Developments

Tuesday 20 October

2 developments

  1. 07:47 UTC· the latest

    Healey rules out capital gains tax rise in budget

    The Times reported, and Treasury sources confirmed, that Healey will not raise capital gains tax, once seen as the government's preferred money-raiser. Tory leader Badenoch says the budget will be worse than Reeves's unless he slashes spending.

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    1 sourceThe Guardian · World

    • The Guardian · WorldRSSTue 20 Oct, 07:47

      Badenoch says Healey’s budget will be worse than Reeves’s if he doesn’t slash spending – UK politics live Conservative leader to give a speech later, while Treasury sources say Healey has ruled out a rise in capital gains taxGood morning. John Healey, the chancellor, is deliveri
      The original post

  2. 07:27 UTC

    Healey to reject capital gains tax rise in budget

    Treasury sources said he fears an increase could cost money if wealthy people defer asset sales or move them abroad.

    1 sourceThe Guardian · World

    • The Guardian · WorldRSSTue 20 Oct, 07:27

      Healey to reject calls to raise capital gains tax in budget Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the TreasuryJohn Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so fro
      The original post