You heard it here last, and you’ve already heard plenty of it here already in recent weeks, alas. Of course some taxes will have to go up, but none that will affect working people. So it’s likely to be those layabout rich fat cats paying high rate tax, with investments, savings and decent pensions. Yes, probably me and many of our clients, if the many rumours are to be believed. But what can we do? If we don’t feel like one of those with ‘broad shoulders’, it’s not going to be that easy to suddenly become the sort of ‘hard-working family’ that won’t be affected. And if the model of draft legislation for the one tax rise already announced is followed, taking pre-emptive won’t help, as it effectively says that private school fees paid in advance will still be VAT-able. We don’t know where the bombs will drop, so no point in staying in the shelter until 30th October. Que sera, I’m afraid.
“How to get rich in 2025”
Who wants to be a millionaire? Well, if you’re one of the 35% of the UK population renting long-term or of the 20% officially living in poverty, the answer’s ‘yes, please’.
