“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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“Rachel Reeves may be forced to raise taxes”

“Rachel Reeves may be forced to raise taxes”

Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is  that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.