Back to all posts

Guides & Publications

Strategies for a high tax environment

Tax liabilities change as incomes increase

1 Nov 2023

The income tax system has changed significantly in recent years. Until the spring 2021 Budget, governments had focused on increasing the personal allowance. Since then, the focus has been
on freezing the allowance (and the higher rate tax threshold), a covert way to raise additional revenue at a time of high inflation. As a result, the population of income tax payers today is 13%
more than in 2020/21 and is projected to increase another 7% by 2027/28.

Related content

Key information +-

Key information

Strategies for a high tax environment

    Strategies for a high tax environment you for your request, your guide will be sent to you

    More & Other Musings

    View all related content

    NEW Guides & Publications29 Nov 2023

    Tax Tables 2024/25

    Tax rates are often changing, especially after a Budget or Spring Statement. Here you can download a handy and printable tax table PDF

    Click to find out more

    NEW Guides & Publications23 Nov 2023

    Autumn Statement 2023

    The Autumn Statement 2023 was delivered by Chancellor Jeremy Hunt on 22 November. Our summary condenses his 110 different proposals into one concise report of the key points

    Click to find out more