The 50p top rate of income tax will be cut to 45p from April 2013, the Chancellor said.
An HM Revenue and Customs study found that the top rate of income tax had only raised £1bn, around a third of the amount it was originally predicted to raise.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
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