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Sam Brodbeck
Verified
Money Advice Editor, The Telegraph
London
Beats
State government
Content
By Sam Brodbeck Verified| The Telegraph Verified So what exactly will happen to these surpluses once they're released? One suggestion is that the money is given to employers to reinvest in themselves via software, new machinery and so on. It just so happens that the Government has just saddled British businesses with a big National Insurance increase. If I were a finance director, I know what I would do with a windfall. God knows, Reeves owes something to UK plc after using her first Budget to stiff them with £25bn a year of tax rises.
By Sam Brodbeck Verified| The Telegraph Verified Die before April 6 2027, and a £500,000 pension will attract not a jot of inheritance tax. It could even be free of income tax indefinitely, depending on how it is withdrawn by your descendants. Die after April 6 2027, and the same pension will attract £200,000 in death duties (assuming you have already used up your tax-free allowance). Telegraph readers sprang into action as soon as Reeves made the bombshell announcement in the October Budget.
By Sam Brodbeck Verified| The Telegraph Verified Other, more pragmatic countries know this. The UAE, Italy, Portugal and Greece, to name a few, are aggressively tempting families and high earners to up-sticks in search of low taxes and a better quality of life. Fifty years ago, a Labour government came to power with a manifesto promise to "introduce an annual wealth tax on the rich".
Company Info
The Telegraph
The Telegraph, officially known as The Daily Telegraph, is a prominent British broadsheet newspaper established in 1855. It was founded by Colonel Arthur B. Sleigh and later transformed by Joseph Moses Levy, who made it one of the most affordable newspapers of its time. The Telegraph quickly gained popularity, outselling *The Times* within a year of its price reduction to a penny. The newspaper publishes from Monday to Saturday in broadsheet format, with *The Sunday Telegraph* available on Sundays. It provides extensive online content, including news articles, opinion pieces, and multimedia features. The Telegraph also includes special supplements that cover various topics such as business, lifestyle, and sports. Known for its investigative journalism, The Telegraph is one of Britain's leading quality newspapers, appealing to a diverse readership interested in news, politics, business, and culture.
London, England, United Kingdom
+44 20 7931 2000
Founded: 1855