‘Milkshake tax’ just one of many changes set to affect you in tomorrow’s Budgetpublished at 15:57 GMT
Tinshui Yeung
Live reporter
We’ve been keeping you updated on those sugar tax changes all day and Wes Streeting is due to speak at a conference at the health think-tank The Kings Fund shortly (you can watch a stream of his speech at the top of the page).
But with the Budget landing tomorrow, this is just the tip of the sugar cube.
Here are some of the major changes we’re expecting:
Pension: It’s suggested Rachel Reeves could put a £2,000 cap on the amount workers can put into their pensions under “salary sacrifice” schemes without paying National Insurance.
Property taxes: Reeves is reportedly planning to introduce a new tax on high-value homes in England. The tax is expected to apply to properties worth more than £2m.
Electric vehicles tax: Electric vehicle drivers could be charged 3p a mile, on top of other road taxes.
Isa reform: The chancellor is reportedly planning to cut the amount of money that can be saved tax-free in cash Individual Savings Accounts (Isas).
Business taxes: At the moment, overseas retailers can send packages worth less than £135 to the UK without paying import duties, giving them an unfair advantage over UK firms, but this would end.
For the rest of the day, alongside more reaction to the sugar tax, we’ll be bringing you what we know so far ahead of tomorrow’s big reveal.
So grab a cuppa – or a milkshake – and stay with us.
