From fuel duty to corporation tax to income tax, here's what could change after the Chancellor sits down
: “Everyone recognises that there are limits to what [Mr Hunt] can do on tax at the moment, because of the huge costs of the pandemic and the impacts of the war in Ukraine.
Tinkering in these areas is not expected, given these changes were only announced last year and are due to take effect from next month. When tax allowances and thresholds are frozen, and inflation is high, you end up with an effect known as fiscal drag – where rising wages mean more people get dragged into higher tax bands.
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