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The Rest Is Money

201. Which Taxes Will Rachel Reeves Raise This Autumn?

The Rest Is Money

Goalhanger

News, Politics, Business

3.61.1K Ratings

🗓️ 24 August 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Would an annual charge on properties valued over £500,000 be fairer than stamp duty? Will the Chancellor eventually have to scrap the manifesto promise and raise taxes on ‘working people’? How much could the Treasury raise by lowering VAT but getting rid of all exemptions? Steph chats to tax policy expert, and friend of the show, Dan Neidle. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to get more stories from the world of business and finance. Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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makes service teams more efficient, businesses run better and your customers happier. That's the

1:00.9

Zendesk AI effect. Find out more at Zendesk.com. What has come out over the last week or two was

1:07.8

been this idea of changing the taxes on properties.

1:12.9

I hate this shit. I think it's awful. People talk about being asset rich, cash poor.

1:19.1

But if you're sitting on a two million pound house, congratulations. You are rich.

1:23.7

Hello, and welcome to The Rest Is Money with me, Steph McGovern and podcast friend Dan Needle,

1:29.4

who as you know is a leading tax lawyer and investigative journalist.

1:33.8

So Dan, we've got you back to talk about some of these tax ideas that are being thrown around at the moment.

1:41.2

I mean, it's dead interesting this, isn't it?

1:43.0

It's like put them out over the summer,

1:45.2

leak all these ideas and see how people react to it. I hate this shit. I think it's awful.

1:51.5

And I wish they wouldn't do it because we end up with an atmosphere of slight financial fear

1:58.8

and confusion, which I think is bad for the UK.

...

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