Summary
High earners facing the new 50 per cent tax rate have a range of options to avoid paying the full amount, experts have said.
The Institute for Fiscal Studies had already warned the hike announced in Wednesday's Budget would produce far less revenue than the Treasury hoped without measures to crack down on tax avoidance.See the full content of this document
Extract
Top Earners Have Ways to Avoid Higher Tax Rate
Chancellor Alistair Darling has reduced pension contribution relief in a bid to stop bi...
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