Labour wins UK general election: What tax changes will this bring?
Collyer Bristow
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Collyer Bristow
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No one will be surprised that Labour have won the election easily. What remains to be seen is whether the new Government spring any tax surprises.
The tax changes Labour have said they will introduce in their first Budget are relatively few, and Keir Starmer says his focus on growth. But the public finances remain precarious, and tax will need to be raised from somewhere.
Beyond the expected non-dom tax changes – which are likely to be more a political statement than revenue-raising – there are suggestions that Labour are considering much further-reaching tax changes, including in particular to IHT and CGT.
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