Here are all the Winter Budget measures the Treasury has briefed so far:
- Income Tax Rise: Increasing basic and higher rates by 2p, raising around £6 billion, while at the same time cutting national insurance by 2p. Affecting pensioners, landlords and the self-employed. A manifesto breach…
 - Threshold Freeze Extension: Continuing the freeze on income tax bands beyond 2027–28. A whopper of a stealth tax that Reeves promised not to do this time last year…
 - Exit Tax: People quitting the UK could be required to pay a 20% tax on their business assets. When you’re trying to force people to stay…
 - Levy on LLPs: Imposing a charge on limited liability partnerships. That’s doctors, lawyers and accountants. The latter may find a way around that…
 - Mansion Tax: A 1% annual charge on homes valued over £1.5 million, potentially replacing council tax for high-value properties. Reeves is also looking at removing private residence relief for homes sold above £1.5 million, taxing the gains on sale. Liz Kendall would take a hit among 300,000 other homeowners…
 - Stamp Duty Land Tax: Higher rates or thresholds for second homes and high-value properties.
 - Inheritance Tax Changes: Extending the seven-year exemption on gifts to ten years.
 - Capital Gains Tax Alignment: Bringing CGT rates closer to income tax levels.
 - Landlord National Insurance: Applying the 8% rate as the self-employed on landlords’ rental profits.
 - Pension Tax Relief Reform: Stripping back tax breaks offered to staff and employers that pay money into workplace pensions and restricting maximum amount that can be put into a pot tax-free. Reducing the current £268,275 limit to around £100,000. Costing the average worker £210 a year…
 - ISAs: Cutting the annual tax-free cash ISA limit from £20,000.
 - Fuel Duty Increase: Ending the long-running freeze and linking rises to RPI inflation.
 - Gambling Levy Expansion: Extending or raising taxes on online betting and casinos. A bad bet…
 - VAT: Cutting the 5% VAT rate on energy bills to zero.
 - Lifting the Two-Child Benefit Cap: Costing up to £2.8 billion a year…
 - Motability: Cutting £1 billion worth of exemptions to VAT and insurance taxation. Though not until autumn of 2026 at the earliest…
 
Brace for Winter…
            






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