Only a tiny number of people pay inheritance tax - but it’s still a tricky topic for Labour
As often, however, the winners got to write that history. But few people realise how different things could have been if only Brown had listened to some of those around him.
The Tories’ failure to win an outright victory in 2010 meant that they had to form a coalition with the Liberal Democrats, so it took until 2015 for Osborne to finally deliver on his promise, changing thresholds to hit that £1m target. By contrast, Ed Miliband vowed to slap a mansion tax on those with homes worth more than £2m. Spoiler alert: the Tories won the election.is once more on the agenda.
Yet while that’s the very definition of “unearned income”, and while many worry more about taxes on earned income in the form of their squeezed wages, the fact remains that for many in Britain, their home is their savings and is their pension.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greater Manchester weather for the next few daysWhere's the sun gone? Greater Manchester weather for the next few days
Read more »
Labour defends taking £1.5m given by Just Stop Oil donor Dale VinceDale Vince, who set up Ecotricity and is chairman of Forest Green Rovers, has donated £1.5m to the Labour Party in the past decade or so. He has also been giving money to the protest group Just Stop Oil.
Read more »
More than half of the departing Tory MPs were facing losing their seat to LabourOver half the Conservative MPs standing down at the next election risk seeing their seat taken by Labour, data analysis shows 👀 Here are the 12 seats where Tory MPs are standing down to watch out for
Read more »
Labour policy pledges would cost the same as a 3p rise in income tax, analysis showsLabour’s policy pledges so far would cost the equivalent of a 3p rise in income tax, our analysis shows PJTheEconomist warned: “It is hard to say how, without tax rises, they do anything more generous than is currently planned” 🔎 Big Read by HugoGye
Read more »
Labour’s policy pledges on spending merit scrutinySir Keir Starmer's party says it will not borrow more to fund day-to-day spending, it will not raise taxes and it will endeavour to improve the standard of public services - how will it achieve this and is it being totally transparent?
Read more »
Spending on asylum soars as Labour say system 'completely broken'The data comes just a week after net migration rose to 606,000 in the year to December 2022 - the highest on record for a calendar year.
Read more »