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Economy

Sector responds to Sunak’s ‘puzzling’ new tax plan

The tax changes come in the face of the upcoming Health and Social Care Levy which will see all working members of the British public pay a 1.25% tax on their earnings

The accountancy sector has passed a mixed response to the chancellor’s new tax plan set out in his Spring Statement yesterday (23 March) with the head of tax at the ICAEW labelling parts of the approach as “puzzling”.

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