What won’t be in the Budget? Labour’s less likely options weighed up

The country is anticipating Labour’s first Budget since taking office, with confirmed tax rises and a focus on tough economic decisions. Speculation surrounds possible increases to capital gains, employer national insurance, and freezing income tax, while ruling out changes that would impact “working people”, such as income tax, VAT, and NICs. The Budget on 30 October is expected to prioritize measures that support economic growth, with other tax-raising proposals unlikely to be included.

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