HMRC Imposes Effective 71% Tax Rate on Thousands of UK Households Tuesday, April 14, 2026 hmrc taxtrap incometax personalallowance fiscaldrag costofliving inflation henrys rathbones financialplanning HMRC is imposing an effective tax rate of up to 71% on some UK households, sparking concerns among personal finance experts about the growing financial strain on middle-income earners. The so-called £100,000 tax trap is … Read More
UK Households to Lose Over £15,000 in Real Spending Power by 2029 Saturday, January 3, 2026 purchasingpower inflation ukbudget labourparty taxation henrys consumerconfidence economicgrowth fiscalpolicy incomeinequality UK households face a significant blow to their finances, with projections indicating a loss of more than £15,000 in real spending power by 2029. This stark forecast follows the Autumn Budget introduced by Labour Party … Read More