Abolition of 45p tax

 Cameron: Abolition of 45p tax for top earners not a priority

Speaking at The Times CEO summit, David Cameron said the abolition of the 45p rate of income tax for the highest earners was not a priority policy report Harris & Co chartered accountants Northampton. The PM said: “We set out the tax cuts we want to achieve in this parliament, frankly they are pretty challenging in order to reform all those. We want to get the personal allowance to £12,500, and we made a good step towards that in the budget. We don"t want people paying 40p until they get to £50,000 - we"ve got quite a long way until we get to that."