Tag Archives: ACCA

DO TOP INCOME EARNERS PAY THE TOP TAX RATE? WITHDRAWAL OF TAX CREDITS LEAVE PEOPLE ON LOW WAGES PAYING 73% MARGINAL TAX RATE, AND ON MODERATE WAGES PAYING 83% MARGINAL TAX RATE.

Reposted from Ripped Off Britons The LibDems and Tories squabbled over who should get credit for the increases in the personal tax free allowance(Personal Allowance), which rose from £6,475 in 2010/11 up to £10,000 in 2014/15. Whoever did it, did it … Continue reading

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