Planning for the end of the 50% rate
A comment from Janet Hoskin of Pinsent Masons published in The Tax Journal and discussing ways of planning for the reduction in the 50% income tax rate announced in the Budget.
Th e announcement of the cut in the 50% rate from April 2013 was of course welcome news for top rate taxpayers. However, the 50% rate will be with us for a further year, and it is therefore worth considering how taxpayers can minimise the amount of their income which is taxed at 50% between now and then.
To find out more download the full article attached.
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