50p tax rate 'an expensive luxury'AOL Money StaffUpdated 14 July 2016 at 9:25 pmtax returnThe 50p income tax rate could cost UK households £30 a year in higher taxes by 2016, an economic think-tank has claimed.The Labour government raised the top tax band from 40p to 50p in 2009.
50p tax rate 'an expensive luxury'AOL Money StaffUpdated 14 July 2016 at 9:25 pmtax returnThe 50p income tax rate could cost UK households £30 a year in higher taxes by 2016, an economic think-tank has claimed.The Labour government raised the top tax band from 40p to 50p in 2009.