BBC Expert £20,000 Savings Warning After John Healey 'Double Tax Rise' Confusion

John Healey's 'quiet damage' unveiled as middle earners could face £5,000 tax hit

Workers could face larger tax bills after the Budget even though headline income tax rates were left unchanged. The squeeze will happen quietly as frozen thresholds pull more pay into higher tax bands.Tom Minnikin, partner at DJH group's specialist tax firm Forbes Dawson, said Chancellor John Healey had avoided increasing the main rates of income tax, National Insurance and VAT.However, he warned that keeping income tax thresholds frozen until A…

BBC expert £20,000 savings warning after John Healey 'double tax rise' confusion

Increase announced is on top of Rachel Reeves raid, Radio 4 listeners told