No cut in top rate of tax

Book a Free Consultation
Or call us on 01604 660661

 Conservatives pressed to rule out top rate tax cut
Both David Cameron and George Osborne have said that cutting the top rate of tax is “not their plan” but have been called upon by Labour to rule such a move out. The PM said: "Our plan is to raise to £12,500 the basic rate threshold, so that we take another million people out of income tax altogether and cut tax for 30m people. That"s the plan. We’re also going to raise the 40p threshold to £50,000 because too many middle-income families are being pulled into that tax rate.” Mr Osborne stressed the same points in a separate interview, also using the phrase “that is not our plan” report Harris & Co accountants Northampton 

Follow Us