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Tag: Project Merlin

50p tax rate

SME owners join forces to call for ‘damaging’ 50p tax rate to be scrapped

29 February 2012 Money & Tax for the Self-Employed, News Paul Jones 0 Comments

The 50p higher rate of income tax is “damaging the economy” and delaying the recovery from recession, more than 500 entrepreneurs and business owners warn today.

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A group of farmers and family business owners is challenging the government’s controversial inheritance tax reform in court, claiming ministers failed to properly consult before announcing sweeping changes in the Autumn Budget.

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