City AM
City AM
UK · 48 mins ago

Nearly 1m people to pay higher tax ‘by stealth’

Nearly one million people are being dragged into higher tax bands as the government’s “stealth” freezes take effect, according to new analysis.  Data crunched by the Taxpayers’ Alliance has shown that fiscal drag – where freezes on tax bands mean workers are forced to pay more into HMRC as wages grow – will impact 1m…
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