stealth tax


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Hidden Tax

A tax that is built in to the price of a good or service that the buyer does not see. That is, rather than being added at the end of a transaction, like a sales tax, hidden taxes are included in the price. Examples of hidden taxes include corporate taxes, which can cause companies to raise their prices so as not to reduce profit, and VAT, in which taxes are added at every stage of production. See also: Inflation tax.

stealth tax

a ‘buzzword’ for a relatively obscure TAX increase (e.g. stamp duty) announced with little publicity and explanation, usually to be implemented some months later by which time people generally have ‘forgotten’ about it. See FISCAL POLICY.

stealth tax

a ‘buzzword’ for a relatively obscure TAX increase (for example, stamp duty) that is announced with little publicity and explanation, usually to be implemented some months later, by which time people generally have ‘forgotten’ about it. See FISCAL POLICY.
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It is not (a stealth tax) because we are saying we need funding to enable the bus industry to upgrade.
Simon Henig, Labour leader of Durham County Council, said: "If it is just a way of receiving more money then it is a stealth tax on councils." Andrew Tebbutt, executive member for corporate resources at Northumberland County Council, said: "Any increase in the amount we have to pay to borrow money has a negative impact on services."
Commenting on the results, Mr King, says, "More than three quarters of motorists now see road tax as a 'stealth tax'.
We won't know who's won until someone makes the announcement.' The Chancellor is anxious to hold on to headline measures like the fat tax and the minimum wage because he fears that much of his Budget will be denounced as a series of stealth taxes designed to plug an ever-growing black hole.
In other words, it's just another stealth tax. This Government must think that we're stupid.
But Clr Light slammed the idea as yet another stealth tax which will increase the overall tax burden, particularly for families who are already suffering from the increased cost of living.
STAFF who need their cars for work such as district nurses and volunteers who take pensioners to hospitals are among the people hit with a motoring stealth tax, it was claimed yesterday.
"If the changes do go ahead as planned, over pounds 1 billion a year may be raised from UK businesses through, what some may see as, an additional stealth tax," said Mr Alam.
Since 1997, the Chancellor, with his stealth tax on pension funds, has contributed more than anyone to the destruction of UK pensions.
Alan Ferguson, chief executive of Blyth-based haulier Fergusons Transport has already discovered a "stealth tax" in yesterday's announcement which will see the tax rate on biodiesel increase by over 50% from April 1.
The marketing boys can stack it up anyway they like - this is a stealth tax, nothing more, nothing less.