Households Hit With £12.4 Billion ‘Stealth Tax’

British households have been hit with a £12.41 billion stealth tax raid on their incomes, according to newly released figures from HMRC. The data reveal that frozen income tax thresholds have handed the Treasury a massive windfall, helping it collect £154.18 billion in revenue between April and September, up from £141.77 billion in the same period last year. … Continue reading Households Hit With £12.4 Billion ‘Stealth Tax’