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HMRC simple assessments soar 74% in a year as stealth tax hits pensioners

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New figures obtained by Quilter, the wealth manager and financial adviser, under the Freedom of Information Act reveal that HMRC issued 1.32 million simple assessments in the 2023/24 tax year, up 74% from 757,745 the year before. This marks the highest number on record and nearly triples the volume issued…

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