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Stealth tax


Stealth tax
TAX – Stealth tax raid on Personal Allowances to raise £6bn

Stealth tax- An article by Ben Riley-Smith yesterday highlighted that the Treasury is considering ‘freezing’ personal income tax allowances in next month’s budget in a ‘Stealth’ tax raid that could bring in up to £6bn.

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Use allowances – Use them or lose them!

We remind all of our clients and investors to use their allowances for the current tax year – along with ‘mopping up’ any applicable unused allowances, as the landscape with tax collection is likely to change, to pay for the impact of the pandemic.

If you require financial advice, simply get in touch.  We will help to simplify the complexities of Tax.

Warmest Regards.

Best Price FS Team

Advice: Simply click here to get in touch if you wish to receive regulated advice in relation to the ‘suitability’ of the plans to meet your investment needs.