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TAX HIKES ON THE RISE_

Want to stay ahead of the curve with the latest information on tax, audit, self-assessments and other accountancy services? Or perhaps just looking for some advice regarding your business affairs or long-term partners who understand the existing industrial environment to provide your business with the support and resources it deserves? Then call Cheylesmore Accountants today to inject resilience and support for your business through this period of uncertainty and turmoil where multiple companies have faced the threat of liquidation.<br>visit us on https://www.cheylesmore.com/<br>

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TAX HIKES ON THE RISE_

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  1. Tax Hikes on the Rise? -cheylesmore

  2. Tax Hikes on the Rise? The pandemic has led to the NHS and other social care providers coming under tremendous pressure given the swarm of Covid cases which has slammed the brakes on patients requiring treatments for other ailments such as cancer.

  3. Tax Hikes on the Rise? Nevertheless, the cost of an ameliorated social care system is an astounding £10 billion annually which would invariably require a commensurate increase in government revenues to be able to fund such an improvement over the long term. The chancellor and health secretary have made clear to the prime minister that any improvements wouldn’t be sustainable without such action with the unfortunate implication of such taxes being a heavier burden placed on middle-income families.

  4. Tax Hikes on the Rise?

  5. Tax Hikes on the Rise? Whilst alternatives as to how this sum should be raised are numerous, care must be taken by the Treasury to avoid any backlash from the public who have already suffered economically and mentally from the pandemic’s impact for the nearly one and a half years. The chancellor has thus decided to delay introducing any new taxation policies after factoring the continuing economic turbulence spawned as a result of the spread of the Delta variant which has questioned the efficacy of vaccines.

  6. Tax Hikes on the Rise? A final option is to impose a new kind of tax known as the “social solidarity” levy which would be primarily targeted at individuals aged around or over 40, with consensus amongst experts that such a levy of around 2% to 3% would be sufficient to fund the desired improvement in England’s social care system which many have argued lacks the required resources and support to maintain its quality of service.

  7. Tax Hikes on the Rise? Want to stay ahead of the curve with the latest information on tax, audit, self-assessments and other accountancy services? Or perhaps just looking for some advice regarding your business affairs or long-term partners who understand the existing industrial environment to provide your business with the support and resources it deserves? Then call Cheylesmore Accountants today to inject resilience and support for your business through this period of uncertainty and turmoil where multiple companies have faced the threat of liquidation.

  8. THANKS FOR WATCHING For more info just visit us on https://www.cheylesmore.com/ Contact us on 02476017778

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