Tax Rebates & Refunds

Income Tax to rise…or not?

March 16, 2010
Posted in Income Tax — Written by The Tax Repayment Agency — Comments (0)

Opinion is divided over whether or not Chancellor Alistair Darling will raise Income Tax in the last Budget before the General Election.
There is concern about the huge gap between the 50% tax rate for those earning over £150,000 and the current 18% Capital Gains Tax rate, which is causing some to convert income into capital, [...]