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Rachel Reeves is planning to increase the rate of capital gains tax on shares sales but not on properties such as second homes, it was reported today.

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Reuters

United Kingdom

UK to raise capital gains tax rate on share sales, Times reports

Government analysis has previously all but ruled out the measures

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The Independent

Evgeny Lebedev

London

Greater London

England

Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget

Britain will increase the rate of capital gains tax payable on sales of shares and other assets in an Oct. 30 budget statement, the Times newspaper reported on Wednesday, saying the increase for share sales was likely to be several percentage points.

The Woodbridge Company

Capital gains tax is often called the forgotten levy - but it is unlikely that Chancellor Rachel Reeves will overlook it in her Autumn Budget.

Daily Express

Reach plc

Rachel Reeves is lining up her biggest single Budget tax raid - fight back now

Budget reforms will not increase the rate on sales of properties, it has been reported

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

Reeves set to raise capital gains tax rate on sales of shares

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves is likely to target her expected increase in UK capital gains tax on the sale of shares, rather than second homes, according to former Treasury officials.  They said the 24 per cent […]

Financial Times

Nikkei Inc.

Reeves expected to focus rise in capital gains tax on share sales - Techregister

The chancellor is expected to increase the rate by several percentage points in her budget but will leave the rate for second homes untouched

The Times

Rachel Reeves to raise capital gains tax on sale of shares

Rachel Reeves will not raise capital gains tax on second homes - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.

Property Industry Eye

Rachel Reeves will not raise capital gains tax on second homes - Property Industry Eye

Reeves and Sir Keir Starmer have repeatedly pledged not to raise taxes on “working people”, ruling out increases in income tax, national insurance and VAT. Instead, they’re going after people’s capital. Capital gains tax (CGT) is charged at a lower rate than taxes on income, and left-wing think tanks such as the Resolution Foundation have been urging Labour to put this right. With increases to some other taxes having been ruled out, CGT is the o…

nytimespost.com

Reeves is lining up her biggest single Budget tax raid - you have to fight back now! - New York Times Post

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1fakt.com

Reeves is lining up her biggest single Budget tax raid - you have to fight back now!

Reeves set to raise capital gains tax rate on sales of shares

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