- The Conservatives are urging Chancellor Rachel Reeves to urgently rule out increasing share taxes in the upcoming autumn budget.
- This pressure follows a leaked memo from Deputy Prime Minister Angela Rayner, reportedly proposing several tax hikes.
- Proposed measures in the memo include removing the £500 dividend allowance, axing inheritance tax relief for AIM shares, and increasing dividend tax rates.
- The Tories argue investors are “in limbo” over the changes, which would pull millions more into paying investment levies.
- Labour responded by criticising the Conservatives' economic record and highlighting their own efforts to support businesses.
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