NewsBot
07-Oct-22, 09:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Richest households lose from 45p U-turn, but are still set to gain almost 40 times as much from tax cuts as poorer families
The richest 5 per cent of households still stand to gain £3,500 on average next year from the tax cuts announced in the Chancellor's recent Fiscal Statement. That is almost 40 times as much as the average £90 cash gain for the poorest fifth of households - despite the decision to scrap the abolition of the 45p tax rate, the Resolution Foundation said. [Read Full Article (https://caithness-business.co.uk/article/17926)]
Richest households lose from 45p U-turn, but are still set to gain almost 40 times as much from tax cuts as poorer families
The richest 5 per cent of households still stand to gain £3,500 on average next year from the tax cuts announced in the Chancellor's recent Fiscal Statement. That is almost 40 times as much as the average £90 cash gain for the poorest fifth of households - despite the decision to scrap the abolition of the 45p tax rate, the Resolution Foundation said. [Read Full Article (https://caithness-business.co.uk/article/17926)]