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Sunday newspaper round-up: Tax increases, Ashtead, Stamp duty
Tax increases worth £800 per year for the average household are on the way regardless of who comes out on top in the next general election, the Resolution Foundation says. Measures that have already been announced thus far will raise the tax haul by roughly £23bn by 2028-29. That is because freezing extant tax rates drives higher revenue for the Treasury. None of the two main parties has pledged to do away with a six-year freeze on income tax and national insurance thresholds or the coming spring's reversal of temporary reductions in business rates, fuel duty, stamp duty or land tax.
Sunday share tips: Adriatic Metals, Pets at Home
The Financial Mail on Sunday's Midas column called attention to silver producer Adriatic Metals, arguing that its shares may "prove rewarding for the adventurous punter".