50p tax rate 'an expensive luxury'AOL Money StaffUpdated tax 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 tax 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.