45p Tax Bracket
Chancellor Jeremy Hunt has set out his priorities for the British economy with major changes in taxes and greater amounts of investment in critical public services. Despite the UK heading towards a recession, the Government established its priorities as “stability, growth and public services.” During his fiscal statement on November,17 the Chancellor highlighted the impact […]
The UK Government made a U-turn by abolishing the 45p tax bracket after a week of the pound fluctuating in value. Kwasi Kwarteng announced that the tax bracket for those earning over £150,000 will remain in place following a tweet made on the second day of the Conservative Party conference. The original policy was announced […]
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