Labour’s Autumn Budget: Which Taxes Could Rise in 2025?

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It feels like only yesterday that we were talking about last year’s Autumn Budget, widely billed as a once in a generation reset for the public finances. Back then, the challenge was plugging a £22 billion gap in the nation’s accounts. Fast forward not even 12 months, and here we are again, only this time, the gap is even bigger! Forecasts show that Rachel Reeves is likely to be searching for £50billion!

In this video, we break down the tough choices facing Rachel Reeves, look at the options on the table, and explore what they could mean for you ahead of this year’s Autumn budget. This is the first of many videos we’ll be bringing you in the run-up to, and after the budget, to keep you informed along the way.

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0:00 - Introduction
01:30 - The Stability Rule
02:27 - Where Did The Money Disappear To?
04:02 - Inheritance Tax
04:34 - Inheritance Tax and Gifting
06:12 - Freezing the Personal Allowance
07:44 - Flat Rate Tax Relief
08:59 - Wealth Tax
10:28 - Property Wealth
10:38 - Stamp Duty Revamp
11:04 - Capital Gains Tax
11:36 - Spending
12:40 - Conclusion