eprivateclient

Average tax bill up by five percent since pandemic

News Team, 29/09/2022

Research from RIFT Tax Refunds has estimated that UK taxpayers will see a 5 percent tax increase compared to pre-pandemic levels.

These increases will see total deductions hitting a five year high.

RIFT Tax Refunds analysed the average gross income earned across the UK and the total deductions due both for income tax and National Insurance and how these deductions have changed in recent years.

The research showed th...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more