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22 Nov 2010
LABOUR IS SET to keep the top rate of income tax at 50% if it wins the next election, according to party leader Ed Miliband.
The rate, originally introduced by former prime minister Gordon Brown as an emergency measure to tackle rising borrowing, is likely to become a permanent fixture under a future labour government.
Further reading
"When I think about the next election, is our policy going to be to reduce the 50p rate for people on £150,000? I don't think it is. But obviously, we'll decide that nearer the time," said Miliband in the Guardian. "It's about values and fairness and about the kind of society you believe in and it's important to me."
Shadow chancellor Alan Johnson had been pushing for the 50p rate to be reviewed once the economy improves, but Miliband's statement looks to have slammed the door shut on his campaign.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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