What will be true of the UK.gov October Budget?

7.2kṀ30k

resolved Nov 1

Resolved

YES

Capital Gains Tax (CGT) Increase

Resolved

YES

Introduction of Inheritance Tax (IHT) on currently-exempt categories (eg. agricultural land and family businesses)

Resolved

YES

Increase in employer National Insurance (NI) contributions

Resolved

YES

Complete removal of Non-Domiciled tax status

Resolved

YES

Any change to Non-Domiciled tax status

Resolved

YES

Income Tax threshold freeze continued/extended

Resolved

YES

Reduction or elimination of BAD Relief from Capital Gains Tax (CGT)

Resolved

YES

Funding for HS2 to go to Euston

Resolved

YES

Fiscal rules (or interpretation) changed to allow for more investment

Resolved

YES

"British ISA" plan officially cancelled

Resolved

YES

Stamp duty increase for UK buyers

Resolved

YES

Inheritance Tax (IHT) charged on (currently tax-free) pensions

Resolved

YES

Reform of "carried interest" tax loophole

Resolved

YES

Stamp duty increase (non-UK buyers)

Resolved

YES

Any tax increase specifically targeting vapes

Resolved

Income / PAYE Tax increase

Resolved

National Insurance (NI) Increase for employees

Resolved

Inheritance Tax (IHT) Increase

Resolved

VAT Increase

Resolved

Corporation Tax Increase

The next UK budget is due to be held on October 30th. Which of the above statements will be true about what is unveiled on budget day?

When resolving the "$tax increase" options:

I will resolve YES if:
- The % rate of tax goes up (i.e. paying more)
- The threshold at which it is paid goes down (i.e. more people pay / pay more)
If the tax is changed such that there are winners and losers (e.g. an increase in % rate but also an increase in threshold) then I will resolve 50%.
I will resolve NO if:
- The % rate of tax goes down
- The threshold at which it is paid goes up

Economics

UK politics

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