TaxPersonal TaxPBR could see fresh sting on high earners

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.

Related Articles

Chancellor delivers 'Osborneomics'

Accounting Firms Chancellor delivers 'Osborneomics'

2y Robert Maas
Colin: Osborne's raw deal

Corporate Tax Colin: Osborne's raw deal

2y Taking Stock
Leader: Huge pressure on a digital taxman to fill Budget holes

Corporate Tax Leader: Huge pressure on a digital taxman to fill Budget holes

2y Kevin Reed, Writer
Autumn Statement: OTS work continues despite wider tax agenda

Corporate Tax Autumn Statement: OTS work continues despite wider tax agenda

2y John Whiting
Autumn Statement: What the papers say

Corporate Tax Autumn Statement: What the papers say

2y Calum Fuller, Reporter
Autumn Statement: Moore Stephens’ welcomes review of business investment reliefs

Personal Tax Autumn Statement: Moore Stephens’ welcomes review of business investment reliefs

2y Richard Crump, Writer
Autumn Statement: Billions lined up for the Treasury, but no tax giveaways

Corporate Tax Autumn Statement: Billions lined up for the Treasury, but no tax giveaways

2y Kevin Reed, Writer
Autumn Statement: GAAR to gain extra teeth as HMRC efficiencies reinvested

Corporate Tax Autumn Statement: GAAR to gain extra teeth as HMRC efficiencies reinvested

2y Calum Fuller, Reporter