Rainer suggested a significant tax increase in the memo to Reeves

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Prime Minister Angela Rainer, Adviser Rachel Reeves, wrote shortly before the spring statement to demonstrate the increase in large taxes, in a sign of deep splits at the government’s summit on economic policy.

Rainer suggested eight potential tax height. Including creative retirement pensions and a tax rate of higher companies for banks. In a note to Reeves.

The measures will collect 3 billion pounds to 4 billion pounds annually, according to estimates mentioned in the document, which were sent two weeks before the spring statement on March 26.

Reeves seems to ignore Rayner’s suggestions, because the chancellor used the statement to reduce discounts in public spending instead of the tax rise in order to comply with its financial rules.

However, Reeves is expected to consider tax increases before the autumn budget, as public finances deteriorated.

Rainer’s note to Reeves – obtained by the Daily Telegraph newspaper – suggested restoring the age of 1 million pounds of pensions, and raising companies’ tax on banks from 28 percent to 30 percent.

The memorandum also proposed to end the inheritance tax dilution of the alternative investment market shares, the abolition of a 500 -pound tax allowance for profits, and the increase in the tax rates paid by the wealthy profits.

Other proposals included the freezing of the threshold that applies the income tax rate of 45 pixels, and the increase in taxes in two ways to people who use companies to trade housing without paying the stamp fees.

The Rainer Memorandum, named “Alternative proposals to increase revenues”, said that the measures will not break the election proposals for the year 2024 not to raise taxes “on workers.”

Its document are likely to be seen as an attempt by the Deputy Prime Minister to put herself as a standard holder of the left number of left -wing ministers in the cabinet of Mr. Kiir Starmer.

The Prime Minister has increasingly surrounded himself with the most medium “Blaret” ministers and advisers.

Rainer also sheds light on tensions between some ministers and deputies on the counselor’s efforts to re -spend.

Many business representatives are uncomfortable to reduce Reeves for an external aid budget and attempts to curb up social care through measures such as the most brighter civil tests for personal independence payments.

Rainer’s note was sent at a time when the Financial Times times revealed that it was among many ministers Fears During the March Council meeting on the expected discounts in reviewing summer spending.

Some ministers were interrogated during this meeting whether taxes can be increased as an alternative to spending discounts.

The tax increase will be controversial, given that Reeves used last October budget to raise tax distances 40 billion pounds in the yearIncluding through a significant increase in national insurance contributions to employers.

Mail Strad, conservative shadow adviser, said that senior ministers of the Labor Party were discussing the taxes that must be raised after that.

He added: “The counselor has repeatedly refused to exclude another tax raid in the fall, and now we know the reason – he wants the best copper, including the Deputy Prime Minister, to return to more.”

Reeves or Rainer spokesman did not comment on the memo, but one of the government assistants said it is not unusual for the discussion papers to be assigned and exchanged on an informal basis.

Another assistant said that the Rainer document should not be considered as support for any specific proposals.

“We don’t comment on the leaks,” said a government spokesman.