During an appearance on BBC Radio 4′s Today programme, the Chancellor revealed he has formally asked HMRC to delve into the figures and statistics coming from the 50 percent tax rate band. The push for the removal of the top rate band of tax, which people earning more than £150,000 are susceptible to, is becoming [...]
Wednesday, July 27, 2011
Renewed calls today to reduce taxation in order to boost the economy, this time coming from London Mayor Boris Johnson. Official figures are showing a minute growth of 0.2 percent between April and June this year, much below the expectations of many ministers. The same ministers are now putting pressure on Chancellor George Osbourne to [...]
Thursday, March 10, 2011
With the UK Budget date looming ever closer, Chancellor George Osborne is being put under fresh pressure to ease the tax burden of higher earners by removing the top 50 percent tax rate, as well as other taxation restrictions aimed at top earners. The Adam Smith Institute, a free market think-tank, published a report warning [...]
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Saturday, August 13, 2011
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