The party said it would introduce a new 50% rate of income tax for those earning over £100,000 a year, which it estimated would bring in an extra £4.5bn a year. This money would be used to scrap university tuition and top-up fees and also to help reduce council tax bills.
The Liberal Democrats also proposed scrapping the new pensioner credit scheme and using the money from this to increase the basic state pension, with larger increases for older pensioners, according to reports in the Financial Times.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy