Social care tax a 'nasty attack' on investors and the young
Katie Royals, 08/09/2021
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Image Credit: HM Treasury
Despite election promises, the UK government is planning to raise taxes, impacting investors, workers and pensioners through the new health and social care levy.
A 1.25 percent increase to National Insurance, along with dividend taxes, are set to be introduced from April 2022. While the pensions triple lock will be broken for one year.
Dividend taxes...
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