Labour Trap 1m More in Higher Tax Bracket

Summary


MORE THAN three million people are now paying tax at the top rate of 40 per cent, it emerged today.

The figure is up a million since Labour took power in 1997 thanks to Gordon Brown's failure to lift personal allowances with higher pay packets The top rate will affect 3.25 million people this financial year - up by 56 per cent from barely two million when the Conservatives left office.

See the full content of this document

Extract


Labour Trap 1m More in Higher Tax Bracket

The figures show that higher-rate tax hits ear...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company