Lamport Bassitt Solicitors - Legal News - Consumers predict tax hikes


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS Consumers predict tax hikes Many consumers believe there will be tax rises in the near future, new research suggests. According to a survey conducted by Unbiased.co.uk, 31 per cent of people predict there will substantial increases in levies once a new government starts work. In addition, nearly nine in ten (86 per cent) revealed they have done nothing to reduce their tax burden. According to the organisation - which is the consumer facing brand of IFA Promotion - Britons will waste a total of £9 billion in unnecessary tax payments over the course of this year. Unbiased.co.uk chief executive Karen Barrett advised people to take steps to reduce their tax burdens. She added: "Seeking independent financial advice is the first step to take tax action - an independent financial adviser can assess your entire financial position and ensure you are being as tax efficient as possible." A few simple steps can sometimes make a significant difference, she noted. Related Articles: 17/5/2012 - Discussing death remains taboo as wills and inheritance tax planning suffers 11/5/2012 - Queen's Speech legal reforms welcomed 4/5/2012 - Create Lasting Power of Attorney before it's too late 2/5/2012 - Support for will writing regulation grows 25/4/2012 - Inheritance tax planning could net �450m a year in savings More Individual Legal Services News