4 days ago
Investors ‘in limbo' over proposed share tax hikes, claim Tories
The Conservatives are urging Chancellor Rachel Reeves to urgently rule out increasing share taxes in the upcoming autumn budget.
This pressure follows a leaked memo from Deputy Prime Minister Angela Rayner, reportedly proposing several tax hikes.
Proposed measures in the memo include removing the £500 dividend allowance, axing inheritance tax relief for AIM shares, and increasing dividend tax rates.
The Tories argue investors are 'in limbo' over the changes, which would pull millions more into paying investment levies.
Labour responded by criticising the Conservatives' economic record and highlighting their own efforts to support businesses.
