Are UK Taxes Likely to Go Up?
Two questions we get asked a lot nowadays are (1) will taxes go up after Coronavirus – and (2) if so, is there anything we can do about it?
The answer to part one of this question must be a categoric ‘yes’. The answer to part two however, is less straight forward.
Indeed, if the recent reports are correct, the country may have a deficit of some £335 billion to clear as a direct result of the coronavirus pandemic.