“Stealth taxes show Rishi is a savvy operator”

Mar 4, 2021 | Economy

An independent (financial adviser’s) view

Most radio and TV chatter focused on what wasn’t in the Budget. Nothing on social care, no extra help for me, us, them, him. What also wasn’t there was much of the stuff we were worried would be. No mention of pension tax relief, inheritance, capital gains and nasty, new wealth taxes. Instead, he was stealthy, he let off the wealthy and I won’t embarrass myself by trying to squeeze ‘healthy’ into this sentence. The ‘stealthy’, not inflation-linking various allowances, won’t creep up on us until both Boris and Rishi are long-gone. But I do think Brexit Britain will rue the corporation tax hikes.

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“HMRC: ‘digitalising tax process could close gap’”

“HMRC: ‘digitalising tax process could close gap’”

You, like a majority of both taxpayers and accountants, may have been sweating and cursing over a keyboard last week to submit a last-minute tax return. Many by the end of that accursed process will have been shouting ‘bring back paper!’, a vain and pointless hope, I’m afraid.