The 50p top rate of income tax will be reduced to 45p from April next year, Chancellor George Osborne announced this afternoon.
Delivering his Budget address this afternoon, Osborne said the existing 50p rate was the highest in the G20 and widely acknowledged as "harming the British economy". He said the government had r...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
