Workers face biggest real-terms income tax rise in 30 years amid 'Awful April' of soaring bills

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💷 Tax, energy, mobile phone and broadband bills are all increasing this month, but the poorest will fare better 🔴 jessiehewitson reports

UK workers are facing the biggest real-terms increase in income tax in three decades this month, experts have warned.and inflation will combine this week to leave families facing the largest squeeze since the early 90s, according to a leading economic think tank.

Traditionally, income tax and national insurance thresholds, which dictate when we start paying income and at what rate, go up in line with inflation on 6 April., however, after a decision by Mr Sunak – which he made while chancellor – to keep them in stasis until 2028.

 

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UK workers facing biggest real-terms income tax rise in 30 years in ‘Awful April’💷 Tax, energy, mobile phone and broadband bills are all increasing this month, but the poorest will fare better 🔴 jessiehewitson reports
Source: i newspaper - 🏆 8. / 89 Read more »

Energy bills, council tax, broadband and everything due to rise in price from 1 AprilPeople will be facing increased costs on a number of items and services from today, including their council tax, mobile and broadband, while businesses face hikes in their energy bills. Is this an April fools? Don’t you mean everyone is being robbed again?
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