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DUTY, 'MANSION TAX' AND MORE
Western Daily Press
|November 27, 2025
ISA REFORMS, FUEL
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increase the basic and higher rate of tax on property savings and dividend income by two percentage points, and the additional rate of tax on property and savings income by two percentage points.
Business taxes
The Chancellor said she would introduce "permanently lower" business rates for more than 750,000 retail hospitality and leisure properties.
The rates, which Ms Reeves said would be the "lowest rates since 1991" will be paid for through higher rates on properties worth more than £500,000, including the warehouses used by "online giants".
Electric vehicles tax
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