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50p tax on rich may be temporary, Labour ministers hint

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Comments

  • Eyesparky
    Eyesparky Posts: 689 Forumite
    On what salary £109,387

    Its relative to salary, the higher the salary the closer to 50% BUT only for money over £100k.

    On anyone paying 50% tax and the without ceiling employee NI contribution which is rising to 1.5% from 1%. I am not talking about marginal rates on the 51.5% ... they fluctuate depending on salary.
    "I hear and I forget. I see and I remember. I do and I understand." — Confucius
  • prowla
    prowla Posts: 14,187 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The tax is not due to come in until after the election, so it is actually the current government trying to dictate the policy of the next one.
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