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Chancellor U-turns on 45p tax rate abolition

Chancellor Kwasi Kwarteng has today abandoned his plan to abolish the 45% top rate of income tax on earnings over £150,000.

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73% of HNW clients paying ‘right’ amount of tax

More than seven out of 10 High Net Worth individuals (73%) in the UK say they pay the 'right amount' of tax.

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Spring Statement: Sunak to cut income tax and raise NI threshold

Chancellor Rishi Sunak has promised to cut the basic rate of income tax to 19p in the pound from the current rate of 20p.

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Budget 2020: NI threshold up but income tax rates frozen

Chancellor Rishi Sunak surprised many in his Budget by raising the threshold for National Insurance Contributions by nearly £1,000 from £8,632 to £9,500 although he left most income tax thresholds alone.

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