The UK government faces scrutiny for potentially avoiding income tax hikes but increasing property taxes, targeting owners of expensive homes. Changes to pensions, including private and state, may be revealed on Nov. 26. Chancellor Rachel Reeves’ budget planning has caused speculation and market shifts, with a focus on bridging gaps through frozen or lowered income tax allowances. Stamp duty reform is likely as the housing market struggles, with potential broad property tax changes ahead. Inheritance tax and gifting rules could see adjustments, affecting wealth transfer strategies. Reeves may reduce tax-free cash from private pensions, impacting pension freedoms and higher-rate relief. State pension details may change, potentially leading to income tax for pensioners in the future. Cash ISA rules may shift to encourage investment in stocks over cash, sparking debate on government intervention in personal finance decisions.

Read more at Morningstar: 5 Tax Changes to Watch For in Rachel Reeves’ Autumn Budget