Q&A: how much tax would top earners pay under Ed Balls’s proposals, and how much would be raised?To help rescue the UK’s finances after the financial crisis, in 2010 the previous Labour administration introduced an additional tax rate of 50% of earnings above £150,000. The current government cut that to 45p in the pound with effect from April last year. Continue reading…
Source : theguardian.com
Read more…Labour’s 50p tax rate: what you need to know















