» Thursday, March 22, 2012

50p Tax

Asked whether the 45p tax rate was a permanent measure if the 50p rate was temporary, the PMS said that the Chancellor was treating the 45p rate tax like any other tax. The tax system is constantly under review.

Asked whether the statement in the Budget that it was the “Government’s view” that the 50p rate should be removed was from officials or ministers, the PMS said that the analysis undertaken by HMRC experts was reviewed by the independent OBR.

original source.

Briefing took place at 10:00 | Search for related news

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