Savers and landlords hammered with income tax raid in Budget as Healey ratchets up Reeves' hike by another 2%
10h agonow
What the source said
“Savers and landlords hammered with income tax raid in Budget as Healey ratchets up Reeves' hike by another 2%”
From April 2027, both will pay an extra 4% in income tax on money they receive as savings interest above their personal allowance, and rent they receive from tenants.
Read at Daily Mail – NewsReported by one source so far. It is confirmed when a second, independent source reports the same thing.