Tag: wealth taxation
26Nov
Chancellor Reeves Unveils Record Tax Hikes in Autumn Budget 2025: Frozen Thresholds, Mansion Tax, and Wealth Levies
Chancellor Rachel Reeves unveiled record tax measures in the Autumn Budget 2025, freezing income thresholds until 2031, imposing a mansion tax on properties over £2 million, and raising the UK's tax burden to 38% of GDP — the highest ever.