UK authorities are preparing a record tax increase

Plans for the largest tax increase in recent decades, aimed at compensating for budget losses from the pandemic-related coronavirus quarantine, are being prepared by the British Treasury. This was reported on August 30 by The Sunday Telegraph. Follow the development of events in the broadcast: World against coronavirus: stabilization or the second wave? all news According to her, the British Ministry of Finance is discussing increasing the base tax rate on the sale of assets from 10% to 20% and increasing the tax on the sale of a second apartment or house from 18% to 20%. At the same time, for wealthier citizens of the country paying taxes at an increased rate, the fee can increase from the current from 28% and 20% to 40%. In addition, the proposals under consideration include a decrease in pension benefits, the introduction of taxation of electronic sales, as well as an increase in fuel and other fees. Thus, British Finance Minister Rishi Sunak intends to raise up to 25 billion annually ($33.3 billion). In addition, the company's income tax could be raised from 19% to 24%, which will additionally raise $16 billion in the budget next year. It is noted that these measures cause a sharply negative perception and opposition from businesses that suffered serious losses during the pandemic. However, according to Sunak's logic, even after raising the income tax rate, it will still be lower compared to European countries such as Germany, France, Italy and Spain. According to the news agency, on August 30 it became known that 1715 new cases of coronavirus infection were detected in Britain per day, as a result of which their total number reached 334,467.
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