‘Tax day’ – tomorrow!!

Well we know that the pandemic has to be paid for somehow, and tomorrow, March 23, is being hailed as ‘tax day’ as HM Treasury is to roll out documents and consultations regarding how tax policies may look in the future.

Although usually announced with the budget, the Government wanted more time to consider them this year as they have been busy with pandemic issues.

Alongside technical changes, there are expected to be hints about many possible tax changes including income, capital gains and inheritance taxes and we already know about the increase of corporation tax.

With the news this morning that UK PLC is in hoc to the amount of £3trillion, Rishi will have to recoup somewhere and although it is expected that these new measures will not come in until 2023, for warned is for armed

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