Today news
About the same in other media
Kwarteng’s tax cut for City’s wealthiest could sting pension savings
Reading now: 146
fnlondon.comThe City's wealthiest are set to benefit the most from cuts to income tax in chancellor Kwasi Kwarteng’s mini-budget, but there's a sting in the deal for pension savings.
Slashing the income tax rate to 40% from 45% for those who earn more than £150,000 a year – 1.9% of the UK’s population — came alongside the removal of the bonus cap for bankers as Kwarteng sent a clear pro-growth message to the City.
But...
Read more on fnlondon.comAbout this in other media
Kwasi Kwarteng buckles up for an awkward first date with the IMF theguardian.com /2 years ago
I’d like inheritance tax to be abolished, says UK Treasury minister theguardian.com /2 years ago
Tax cuts funded on backs of poor ‘morally indefensible’, say campaigners theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
