Politics

Angela Rayner reignites Labour row over capital gains tax

Angela Rayner as we speak risked reigniting a Labour row over the social gathering’s coverage on capital gains tax as she stated she needed the tax system to be “fairer for working people”. 

The deputy chief of the Labour Party signalled in March that she was in favour of accelerating capital gains tax however Rachel Reeves, the shadow chancellor, then insisted she had “no plans” to place up the present fee. 

Ms Rayner was requested this morning throughout an interview on the BBC Radio 4 Today programme if she want to see capital gains tax modified and she or he stated: “I’d like to see our tax system at the moment fairer for working people which is what Rachel has committed to.”

The feedback seem to recommend that Labour should be contemplating a hike in capital gains tax.

Ms Rayner wouldn’t be drawn on the specifics of Labour’s tax coverage intentions as she stated “we are far out from a general election” and the social gathering will reveal its hand at a later date.

She added: “We will set out those proposals at a general election. We are not just piecemealing doing it.”

You can observe the newest updates beneath. 

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