As the UK enters the 2025/26 financial year, Chancellor Rachel Reeves unveils key fiscal reforms aimed at addressing fiscal challenges and driving long-term growth across taxation, public investment, and welfare.
Selling your home in the UK involves understanding Capital Gains Tax (CGT) implications, with exemptions like Principal Private Residence Relief (PPR) potentially shielding homeowners from taxable gains.
A wealth tax targets an individual's net worth to combat economic inequality, but faces challenges like administrative complexity and potential capital flight, sparking debate on its effectiveness in funding public services.
The 2025 UK Budget introduces key fiscal reforms, including increased National Insurance contributions, capital gains tax hikes, and new taxation rules for non-domiciled residents, while emphasizing public spending efficiency and infrastructure investment.
High-income earners in the UK can optimize tax efficiency by employing strategies like pension contributions, ISAs, and tax-efficient investments while staying informed on evolving regulations to minimize liabilities and enhance compliance.
