Thursday, March 22, 2012

UK to cut top income tax rate to 45 pct ? Forex ... - The Finance Room

on March 21, 2012 6:43 pm in Business News / no comments

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Britain's Chancellor of the Exchequer George Osborne poses for the media with his traditional red dispatch box outside his official residence at No 11 Downing Street in London, as he departs to deliver his annual budget speech to the House of Commons, Wednesday, March 21, 2012. Later on Wednesday, George Osborne, the U.K.'s finance minister, will unveil his budget, the annual update of the state of the country's economy and the coalition government's plans for taxation and spending for the year. This time round, attention has focused on what Osborne is going to do with the Britain's finance minister has cut the rate of income tax for the country's wealthiest citizens but imposed a raft of measures to prevent tax avoidance and a hefty new charge on expensive property sales in an attempt to spread the burden of austerity across the U.K's taxpayers.

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Source: http://www.financeroom.net/?p=306030

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