More potential Tax Grabs incoming (Patreon)
Published:
2025-08-14 00:01:31
Imported:
2026-06
haven't archived this post yet. have a subscription? use the importer!
Content
Rachel Reeves, the UK's Chancellor (the person in charge of taxes and spending), is dealing with a big hole in the government's budget—around £50 billion that needs filling because spending is higher than income. To get more money, she's planning changes to inheritance tax rules. This is called a "grab" by critics because it means the government takes more from families' savings and assets when someone dies, leaving less for heirs like children or grandchildren.
Expect more of this in the future world.
Files
Previews only