Cameron hints at raising 40p threshold

Calum Fuller accountancy_age

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THE PRIME MINISTER is considering raising the threshold for the 40% tax band, claiming to “understand” the problem of it kicking in “when people are not earning a lot of money”. In a speech made to workers at a water company in Warrington, he said people “who don’t see themselves as fundamentally wealthy” are paying the 40p rate, which applies to those earning £41,865 or more per year. Despite claiming he…

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Cameron hints at raising 40p threshold

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