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The 'stealth tax' that's quietly saving Social Security (and costing you thousands)
While everyone argues about benefit cuts, the government is quietly pulling a different lever to raise cash.
Rachel Reeves’ decision to drag millions more people into paying higher rates of tax will “hammer” workers, while pensioners and those on benefits will see their incomes increase, a new analysis has ...
An individual earning £48,000 a year will pay an additional £603.50 in tax by 2031, when the threshold freeze is due to end.
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