Exclusive: Steep surge in income tax and national insurance as higher taxes bite in cost of living

Exclusive: Steep surge in income tax and national insurance as higher taxes bite in cost of living

City A.M.

Published

The combined amount of Income Tax and National Insurance paid in the last twelve months has soared by 13 per cent to more than £387bn, new figures from HMRC show. The latest data from the taxman comes amidst the growing cost-of-living crisis, the Government is now likely to come under increasing pressure to alleviate the [...]

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