counter Little known stealth tax leaves low income households £992 worse off – but there’s a way to avoid it – Forsething

Little known stealth tax leaves low income households £992 worse off – but there’s a way to avoid it

LOW income households are being left £992 worse off under a little-known stealth tax. If you earn less than the £12,570 personal allowance, you don’t have to pay any tax on your income. These low earners can also get up to £5,000 in interest on their savings without having to pay any tax on it,…

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