Interesting Fact - Taxes - Podcast
The higher rate tax threshold in the UK will be lowered in April 2011, from £37,000 to £35,001.
(This means there will be around 750,000 more taxpayers facing 40 per cent income tax on a portion of their earnings. That's the bad news. The good news is that half a million low earners will no longer pay any income tax. I guess how you react all depends on which end of the pay scale you are.)
(This means there will be around 750,000 more taxpayers facing 40 per cent income tax on a portion of their earnings. That's the bad news. The good news is that half a million low earners will no longer pay any income tax. I guess how you react all depends on which end of the pay scale you are.)
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