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One of HMRC’s favourite tricks is that it doesn’t look like a tax rise. The rates stay the same. The headlines stay quiet. But the thresholds – the bits that decide how much of your income is actually taxed – stay frozen while inflation and wages creep up. That gap is where stealth tax lives. Here’s what that means in real numbers (rounded to keep it simple): On a £35,000 salary you can easily pay around £742 more tax purely because more of your income now sits above the frozen allowance. On £45
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