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Glazers Chartered Accountants,
843 Finchley Road, London, NW11 8NA.
T: 020 8458 7427, F: 020 8458 8504
E: quality@glazers.co.uk
843 Finchley Road, London, NW11 8NA.
T: 020 8458 7427, F: 020 8458 8504
E: quality@glazers.co.uk
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NewsBusiness News50% Tax Rate - Act Now!
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50% Tax Rate - Act Now!
The new 50% top income tax rate comes into force from 6 April 2010, for individuals with annual taxable income above £150,000. There is also a tax hike for those with income above £100,000 as you will lose your personal allowances, bringing more of your income into the tax net.
If you are likely to be affected by either of these tax increases, and you haven't already discussed this with us, speak to us now, as there might be scope for some timely tax planning before 5 April 2010.
