
Treasury weighs inheritance and capital gains tax reforms to plug £40bn UK budget gap
Rachel Reeves is considering tightening inheritance tax gifting rules and raising capital gains tax rates to address a £40bn deficit ahead of the autumn budget.
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Rachel Reeves is considering tightening inheritance tax gifting rules and raising capital gains tax rates to address a £40bn deficit ahead of the autumn budget.

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