Category: middleclass
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Middle-class homeowners put kitchen renovations on hold over fears of tax hikes in autumn budget
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Middle-class homeowners across the UK are putting off plans to renovate their kitchens as concerns grow over potential tax rises in the upcoming Budget in October. The possibility of higher taxes, flagged by shadow chancellor Rachel Reeves, has led to a marked drop in consumer confidence, according to kitchenware retailers.…
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Treasury urges Chancellor to target pension savings of 6m middle-class workers
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Rachel Reeves, Consultant Rachel Reeves will push to tap into the retirement savings of up to 6 million middle-class workers in plans Treasury officials presented ahead of her first budget. The Chancellor is expected to consider a proposal to cut pension tax to a flat rate of 30% – meaning…