Category Archives: Uncategorized

Fiscal drag

Fiscal drag
December 2, 2022

What is fiscal drag?

The Oxford dictionary defines it as:

‘The deflationary effects of a progressive taxation system on a country’s economy. As wages rise, a higher proportion of income is paid in...

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Capital Gains planning

Capital Gains planning
December 2, 2022

Readers may have noted that the Chancellor announced a significant reduction in the annual Capital Gains Tax allowance, currently £12,300, from April 2023.

 

It is reducing to £6,000 from April 2023 with a...

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