Average household ‘will pay £1.1m in tax’
Tax burden at highest level in 70 years.
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.
12.2m expected to file for 2020/21 tax year.
Interest remains payable from 1 February 2022.