More taxpayers moving to higher rate
New figures released alongside the Budget highlight a projected surge in the number of people set to pay more than the basic rate of tax. Does that include you?
New figures released alongside the Budget highlight a projected surge in the number of people set to pay more than the basic rate of tax. Does that include you?
The government’s budget watchdog, the Office for Budget Responsibility, says more tax rises are not only on the way but are expected for the next 50 years.
The government’s borrowing requirements for 2020/21 could be five times as high as initial projections as Covid-19 measures bite.