The Financial Times quotes Julia Cox on tax planning under a potential Labour government
As Britain gears up for the party political conference season and next year’s general election, voters have some big questions to consider.
Not the least important for many is: what will happen to personal taxes?
The Labour party recently sought to attract well-off voters by promising that an incoming Labour government would not 'hammer the wealthy'. Rachel Reeves, the shadow chancellor, said Labour had “no plans for a wealth tax” and ruled out higher levies on capital gains and property income.
Commenting on the potential implications of a Labour government from a tax and wealth planning perspective, Julia Cox, Partner, provides comment for The Financial Times:
“Any government is going to have to grapple with tax and how we fill the coffers,” she says.
Read the full article in The Financial Times here (subscription required).