The seven bills going up this week

Quick Summary:

A number of bill rises will come into force at the start of what some commentators have described as "awful April".

But the policy amounts to a tax rise because of a process called "fiscal drag", which sees more people "dragged" into paying higher rates of tax as wages rises.

According to figures from the government's financial watchdog by 2028-29, nearly four million additional people will be expected to pay income tax - and three million more will have moved to the higher rate - due to the threshold being frozen.

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Article Details

Author / Journalist: BBC News

Category: Business

Markets: United KingdomIrelandOman

Topics: Customers Water England Year Going April Rate Government Bills Council

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-30 @ 01:21:10 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1131 words

Reading Time: 7 minutes read

Sentences: 51 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 27421209

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Official Website: bbc.co.uk

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Year Established: 1922

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News Last Updated: 9 hours ago

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