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Hunt launches ANOTHER tax grab in April – seven ways you can fight back now | Personal Finance | Finance [Video]

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Personal Branding

This year it’s more important than ever as frozen income tax and National Insurance thresholds drive up the nation’s tax bills, despite Chancellor Jeremy Hunt’s National Insurance cuts. While Hunt likes to describe himself as a tax-cutting chancellor, the truth is somewhat different.

He has driven the nation’s tax burden to a 70-year high and he’s coming back for more from the start of the tax year on April 6.

The only good news is that there are plenty of things you can do to fight back, provided you don’t waste time.

The end of the tax year lands two weeks on Friday.

Last April, Hunt slashed the capital gains tax (CGT) exemption from £12,300 to £6,000. He’s back on the attack as it will be cut in half to £3,000 from April 6.

Similarly, Hunt cut the amount you can earn from company dividends outside a tax-free Isa from £2,000 …

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