Households face £3,000 hit after Budget and tax rises, report says
Households will pay £3,000 more tax a year as a result of measures taken by Boris Johnson’s government. …
“Higher taxes aren’t a surprise, given the UK is combining fiscal conservatism with an ageing society and a slow-growing economy. But it is the end of low-tax conservatism, with the tax take rising by £3,000 per household by the middle of this decade,” said Torsten Bell, chief executive of the Resolution Foundation.
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