News
From 6 April 2010 a new 50% rate of income tax will apply if your total income exceeds £150,000. Your personal allowance will also be reduced if your income exceeds £100,000 and withdrawn completely where your income exceeds £150,000. It is therefore worth reviewing the position now to consider if any action can be taken as there are a number of strategies you could consider implementing prior to 6 April 2010. |
50% Income Tax rate from 6 April 2010