Posts tagged: Middle classes

Middle classes face higher taxes under Government plans

Workers who have saved to invest in shares and property will face higher taxes on their assets, the Government confirmed. The Queen’s Speech ended hopes of a climb-down on tax rises for the middle classes, with an unqualified commitment to increase capital gains tax. It also set out plans to raise taxes on the pay of those earning more than £45,000 and paved the way for bringing forward an increase in the retirement age. As part of the ... Jump to full article >>