Upcoming Labour Budget – A Complete Disaster for Property Investors?

Ahead of the long awaited Labour Budget, what should we expect Rachel Reeves to unveil?

What situation is Rachel Reeves currently in? There are currently talks that the Labour Budget could be a complete disaster for the UK, but who will feel the pain? Property Expert, Simon Zutshi, breaks down what he thinks could happen in the upcoming announcement, including how it could impact you and your property investing.

He stresses how there will be 2 specific opportunites you should be looking out for, along with 3 major changes that could lead to affecting your property portfolio. Whilst nobody actually knows what's going to happen, Simon reiterates his plans of releasing a detailed analysis of this 2024 budget, the day after it is released.

Which tax rises and spending cuts could be on the way? Does Labour have a plan? It is somewhat clear that whilst Labour state they don't want to increase taxes, they might target the 'wealthy' and property investors.

Simon talks through the Labour government potentially making decisions on Business Asset Disposal Relief, Inheritance Tax and finally, Capital Gains Tax. What is the best way to protect your Wealth going forward as a successful Property Investor?