How does UK income tax compare with the rest of Europe?

Updated
City of London
City of London

The Conservatives have made it very clear this year that they do not want to penalise the wealthy with high income tax as a way to prove Britain is 'open for business'.

We have seen the top rate of income tax reduced from 50% to 45% for those earning £150,000 a year or more and there are rumours that it will be cut again back down to 40%.


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