John Hemming's Web Log John's Reference Website
Wednesday, April 18, 2012
  Labour and the Additional Rate of Tax
Labour have got into a real mess on the Tax rate for over 150Kpa. They first forgot to vote against the resolution and went home. Only 2 Labour MPs voted with the SNP against the new rate.

Having missed that opportunity they face the difficulty that they are not allowed to propose an amendment to increase tax. In an attempt to get round that they have proposed to remove the additional rate. That leaves only then the higher rate of 40%.

Hence they are now proposing to reduce the additional rate to 40%.
 
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Published, promoted, and printed (well not really printed I suppose, more like typed) by John Hemming, 1772 Coventry Road, Birmingham B26 1PB. Hosted by blogspot.com part of Google.com 1600 Amphitheatre Parkway Mountain View, CA 94043, United States of America. This blog is posted by John Hemming in his personal capacity as an individual.

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