Skip to content
Wednesday, 4 November 2026
Inspire.News

Unveiling truth, one story at a time

‘Punishing’ Autumn Budget tax trap set to deal further blow to HENRYs

‘Punishing’ Autumn Budget tax trap set to deal further blow to HENRYs
Image: City A.M.

Thousands of UK workers are set to face an effective 64 per cent tax rate on their cash savings under a fresh tax raid launched by John Healey in his maiden Budget. The Chancellor confirmed he will hike taxes on savings by a further two per cent in April 2027, taking the rate to 44 [...]

Full story

Continue reading this story on City A.M., the publisher that reported it.

Read the full story at City A.M. ↗

AI tools

Written by AI from the article text. It can make mistakes; check the original story.

Topics in this story

More from Business · European

See all