Stealth Tax continues to rise

Thursday, September 24th, 2009 | View from the Top

You could argue that the recent proposals from Vince Cable are far from “stealthy”, but they underline the point that all parties are seeking ways of spanning the enormous deficit the next Government faces.

Whether it’s appropriate to coin some additional revenue from those with more valuable houses or, indeed, persons with a phone line is hotly debated across the country. The point is more whether the beleaguered UK citizen is suitably prepared in their financial affairs generally, which makes a rise elsewhere easier to absorb.

There is a wealth of information on the web available to DIY-your-finances, but it is often inconsistent or not specific enough to an individuals circumstances.

With Pension reforms around the corner employers and employees alike would be wise to have a Financial “Healthcheck”. You may be surprised how much better off you can be and how quickly you can feel those benefits.

Tags: Adviser, Budget, save money, stealth tax, tax, vince cable

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