PBR could see fresh sting on high earners
Alistair Darling could use PBR to announce measures to scotch moves wealthy individuals may make to cut their tax bills,
The Chancellor may kick off another offensive against high earners in the
pre-Budget report in efforts to foil tax avoidance by those hit by the 50% tax
rate.
It is believed the Chancellor will use the PBR, expected in the last week of
November or the first week of December, to thwart any measures wealthy
individuals may make to cut their tax bills,
The
Times reported.
The rate will apply on all income over £150,000 from April next year.