Prices increase by nearly 10% in 12 months
Penalties nearing for unpaid tax
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Prices increase by nearly 10% in 12 months
Higher inflation expected to bring more people into tax.
Increase attributed to COVID-19 and rising house prices.
Over 11.3m individuals file self-assessment tax returns by 28 February 2022.
Billions were not taken up in 2019/20, says DWP.
£310 million paid in instalments since April 2021.
More estates are being dragged into paying death duties.
Spouses can save up to £252 in 2021/22.
Motoring taxation revenue forecast as zero by 2040.
Tax burden at highest level in 70 years.
Interest charged at 2.75% on tax owed from 1 February 2022.
£125 tax break could be closed.
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