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,” the Labour shadow chancellor will say at her speech on Monday, saying the current system punishes entrepreneurs and business investment.
Rachel Reeves will also announce that the party will undertake a major review of existing tax reliefs, suggesting it would target reliefs on wealth such as income from buy-to-let properties.