Hard-hit NHS staff: Advisers discuss new tax year challenges

Budget consequences

clock • 5 min read

As the new tax year begins Jon Yarker talks to advisers about the challenges clients may face, including dealing with the 'stealth tax' measures from this year's Budget...

NHS staff and other public sector works are likely to be some of the hardest-hit taxpayers this year, according to advisers looking ahead to potential fallout from Chancellor Rishi Sunak's recent budget. On 3 March 2021, Chancellor Sunak unveiled his budget to help the UK recover from the Covid-19 pandemic. He kept the Conservative Party pledge to keep income tax rates where they were but introduced a number of ‘stealth tax' measures to start refilling government funds. Now, with 6 April 2021 marking the start of a new tax year, advisers are looking ahead to what some of these measure...

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