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...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Tax Planning

Simon Dawson / No 10 Downing Street

Spring Budget 23: Persistent tax avoidance promoters face charges

Government to consult on creating a new criminal offence

Jenna Brown
clock 15 March 2023 • 1 min read
Neil MacGillivray

Minimising CGT: Avoiding second property tax woes

Keeping good records is of utmost importance

Neil MacGillivray
clock 01 March 2023 • 3 min read
CGT receipts of £13.2bn in January reveal 24% year-on-year increase

CGT receipts of £13.2bn in January reveal 24% year-on-year increase

HMRC stats show upward trend ahead of April tightening

Jenna Brown
clock 21 February 2023 • 2 min read