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    Debt crisis: live

    Tue, 03/20/2012 - 03:19 EDT - Telegraph
    • RDF10

    George Osborne's plans to scrap the 50p tax rate from 2013 could cost the Treasury billions of pounds, accountants have warned on the eve of the 2012 Budget.

    • Original article
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    Related

    • Budget 2012: Delay tactic 'to cost Treasury billions in tax'

      The Chancellor's plans to scrap the 50p tax rate from 2013 could cost the Treasury billions of pounds of revenues as top earners delay income until the rate is reduced, accountants have warned.

    • Treasury's 80:20 plan that may end up £250bn adrift

    • Debt crisis: 'axe the 50p tax rate now to save the economy'

      George Osborne should "accelerate" plans to scrap the 50p higher rate of income tax and increase personal tax allowances to help the economy during the euro crisis, business leaders will warn the Chancellor.

    • Hundreds of bankers to save average £54,000 a year through tax cut

    • George Osborne's 2013 budget to bring tax relief for lower income workers

    • Budget 2012: 50p top rate tax cut not enough, say directors

      Cutting the 50p top rate of tax does not go far enough and risks leaving the Exchequer out of pocket in the short term, business lobby groups and accountants warned.

    • Budget 2013: IFS warns of £9bn tax rises after election

    • Clegg warns he could block plans to scrap 50p top tax rate

      Deputy Prime Minister Nick Clegg has warned that he could block any move to abolish the 50p tax rate on earnings over £150,000.

    • Lawson: 'dangerous' and 'foolish' to keep 50p tax rate

      Lord Nigel Lawson, former Conservative Chancellor, has warned it is "dangerous" and "foolish" to keep the 50p top rate of income tax, urging George Osborne to scrap the levy soon.

    • George Osborne: 50p tax rate could be scrapped by 2013

      George Osborne is hoping to scrap the 50p top rate of tax in his Budget in 2013, on the back of evidence that new higher rate does not make money for the Exchequer.

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