tax related loan recovery now seems top contender, as opposed to perpetually high cap rate.
which is still going to break Truss's read my lips claim.
(
As expected, the reaction from
Russia has been more negative, with presenters on Gazprom-owned NTV describing Truss's election as a "catastrophe" for the UK.
a stuck clock ?)
so - stacked on existing tax bands ?
Band | Taxable income | Tax rate |
---|
Personal Allowance | Up to £12,570 | 0% |
---|
Basic rate | £12,571 to £50,270 | 20% |
---|
Higher rate | £50,271 to £150,000 | 40% |
---|
Additional rate | over £150,000 | 45% |
---|