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The Independent UK
The Independent UK
Tara Cobham and Millie Cooke

Reeves ‘plots tax raid on landlords’ to help plug £40bn Budget black hole

Rachel Reeves Insurance Donald Trump NI Nigel Farage

Rachel Reeves is reportedly plotting a tax raid on landlords in an attempt to plug the up to £40bn blackhole in the nation’s finances.

The chancellor is considering raising taxes for landlords in her next budget by applying national insurance (NI) to rental income, arguing the move would target “unearned income”, according to reports.

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