In 1975, the Chancellor’s Budget dared to go where no successor has dared since.
In 1975, the Chancellor’s Budget dared to go where no successor has dared since.
As had often been noted over the last few years, one of the strategies adopted by successive governments to increase tax revenue is the freezing of tax allowances and bands.
The government is showing no signs of changing its plans to levy inheritance tax (IHT) on pensions.
There were no tax increases in the Chancellor’s Spring Statement (upgraded from an initial Spring Forecast), but that might just be pain deferred.
HMRC may not have as many friends as it claims to have ‘customers’, but is it value for money?