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06.04.2022

8 ways we’ll pay more tax from April

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Nadia Khan DipPFS Cert CII (MP), Wren Sterling

8 ways we’ll pay more tax from April

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  • The new tax year will see taxes rise and some allowances will remain frozen. This means investors need to understand where tax pressures will come from, and how to protect themselves, as we inch towards the highest tax burden since the 1950s.
  • It’s not just the National Insurance (NI) hike and dividend tax rises which will mean parting with more of your money though.
  • Below are eight tax rises coming into force in April 2022.
  1. National Insurance is rising – but the starting threshold will be raised
  2. Income tax thresholds frozen
  3. Dividend tax is rising
  4. Inflation means paying more VAT
  5. Council tax is rising
  6. Rising house prices mean you’ll pay more stamp duty
  7. Capital gains tax for property investors
  8. Frozen inheritance tax bands to raise more money
  • If you would like to know how to reduce your tax bill, please get in touch with a Financial adviser who will help you plan ahead.
  • National insurance hike
  • dividend planning
  • Capital Gains Tax
  • Inheritance Tax Planning
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Nadia Khan DipPFS Cert CII (MP) Wren Sterling

I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…
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