{"id":100446,"date":"2025-08-29T09:03:14","date_gmt":"2025-08-29T09:03:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/100446\/"},"modified":"2025-08-29T09:03:14","modified_gmt":"2025-08-29T09:03:14","slug":"rachel-reeves-dealt-huge-blow-as-kirstie-allsopp-makes-brutal-comparison-uk-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/100446\/","title":{"rendered":"Rachel Reeves dealt huge blow as Kirstie Allsopp makes brutal comparison | UK | News"},"content":{"rendered":"

Kirstie Allsopp has taken aim at Rachel Reeves’s proposed new plans to tax retail income, which the Government says could raise \u00a32 billion. While criticising the Chancellor’s plans, she made a brutal comparison to a woolly-headed British TV character. The Treasury is reportedly considering a new tax on landlords<\/a>, which would see National Insurance placed on rental income, ahead of Reeve’s autumn budget<\/a>.<\/p>\n

As it stands, employee national insurance contributions (NICs) on other earnings stand at 8%, but drop to 2% above a \u00a350,270 threshold. This comes as the Labour Party pledges not to raise NICs, VAT or income tax. However, the Government is reportedly seeking ways to raise revenue<\/a> without crossing these lines. Experts have given warnings<\/a> over this proposed plan, claiming that the charge would ultimately affect tenants.<\/p>\n

Ms Allsopp, while speaking to Times Radio on Wednesday, blasted the plans and made a brutal comparison between Rachel Reeves<\/a> and Blackadder character Baldrick. She labelled the plans “tenant bashing under the guise of landlord bashing”.<\/p>\n

The property show presenter said: ” If 8% national insurance goes on money that a landlord gets in, how is this going to impact tenants? It\u2019s literally like having the economy run by Baldrick.<\/p>\n

“She [Rachel Reeves<\/a>] keeps on coming up with cunning plans and she needs to go and sit in a corner and think about how to save money and improve the economy, not constantly be taking money from people because this will impact tenants.”<\/p>\n

Meanwhile, Marc von Grundherr, director at Benham & Reeves, has called the rumoured move “partisan theatre” which would have “serious unintended consequences”. He said: “This move smacks of political point-scoring rather than sound housing policy.<\/p>\n

“Applying national insurance to rental income threatens to undermine rental supply by squeezing small and medium-scale landlords, who may pull up stakes or restructure,\u201d he said. \u201cWe\u2019re already seeing supply pressures in many areas, pushing costs onto tenants. A policy with such serious unintended consequences deserves more scrutiny and a strategic approach, not partisan theatre.”<\/p>\n

Rental income is currently subject to income tax but not national insurance. This means that a landlord earning between \u00a350,000 and \u00a370,000 from property could face an extra \u00a31,000 in tax annually.<\/p>\n","protected":false},"excerpt":{"rendered":"Kirstie Allsopp has taken aim at Rachel Reeves’s proposed new plans to tax retail income, which the Government…\n","protected":false},"author":2,"featured_media":100447,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,26237,50,1445,5367,1892,51,47,52,48],"class_list":["post-100446","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-kirstie-allsopp","tag-news","tag-rachel-reeves","tag-renting","tag-taxes","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/100446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=100446"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/100446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/100447"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=100446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=100446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=100446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}