Labour target dividends and rents

Posted on 26 Feb 2014
Share Blog Post
Starmer: Labour tax plan would target those 'with the broadest shoulders'Sir Keir Starmer has suggested that a Labour government could tax homes and shares to boost funding for the NHS and improvements to the social care system. Speaking to BBC Radio 4's Today programme, the Labour leader said: “We have said that those with the broadest shoulders should pay.” He added: “We have said that means we have to look at those that get their income from property, from stocks and shares and dividends". The Mail’s David Wilcock says the comments mark “the latest sign" that the party would increase capital gains tax. Shadow Chancellor Rachel Reeves earlier this week said she would look to increase capital gains tax to target “people who get their incomes through stocks and shares and buy-to-let properties”. She also outlined plans for a review of tax breaks, arguing that the system is ripe for reform, while also vowing to scrap business rates. Ms Reeves said Labour has “no plans” to increase income tax, despite Mr Starmer saying the option is not “off the table”.

View more blog posts

Warning pre Budget
Posted on 25 Sep 2024
Warning pre Budget
read more
Tax hike fears
Posted on 18 Sep 2024
Tax hike fears
read more
SME confidence bounces back
Posted on 11 Sep 2024
SME confidence bounces back
read more
Non dom tax not the answer
Posted on 09 Sep 2024
Non dom tax not the answer
read more
Back To Top
01604 660661