Also note - he did not harmonise CGT and IT rates - which had been widely predicted. (View Post)

Maybe people returning from furlough paying tax is a factor? (View Post)

Sunak has followed the golden political rule with tax rises - don't take actual cash from anyone in person. Freezing allowances doesn't reduce take home pay in actual cash. And voters see CT as dista… (View Post)

He announced today that IHT and CGT thresholds are frozen to 2026. OK, that's a tax rise but not a massive one. (View Post)

The thing is - if you don't raise CT how else are you going to raise really substantial revenue? Everything else is too damaging politically. (View Post)