An influential think tank has warned Chancellor Rachel Reeves to avoid taking the "simple" route of raising taxes such as National Insurance on landlord or investment income, and instead focus on long-overdue reform of the council tax system. The Institute for Fiscal Studies (IFS) cautioned that "increasing taxes on returns to capital – such as rental income, dividend income, interest income, self-employment profits or capital gains – without broader reform would do more economic damage than is necessary.... Read More
