Labour to scrap business rates if elected, says shadow chancellor

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Rachel Reeves says party will also review tax reliefs, suggesting it would target income from buy-to-let property

Labour will scrap business rates and undertake the “biggest overhaul of business taxation in a generation,” theshadow chancellor will say at her speech on Monday, saying the current system punishes entrepreneurs and business investment.

 

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Reeves just said in LBC that men can self identify as women even when they have a penis .

Any news of Tax Avoidance on Billionaires and their companies ?

What about the council tax elephant that's sitting on the coffee table?

Bold

If Labour get in, the U.K. will be under Sharia law.

There are two way of uplifting societies, take more from those that have it and worked hard for it or enable ways so that more can create that wealth for themselves with safety nets for those that absolutel can't. Labour needs to focus more on how they can create notelectable

CORRECTION: Labour to *change* business rates if elected, says shadow chancellor

Only a fool would believe it. Labour will never be elected while Rachel Reeves is in the shadow cabinet.

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They'll need to stop landlords hiking rents in response.

A freeze on business rates means 'we'll keep it as it is because we can't think of anything else'. Each successive government has buried its head in the sand as they know any new system will probably end up costing businesses more.

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👏👏🙏 But they are not going to get elected....🤨🙏

Going flat out for outflanking the Tories from the right I see.

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