MORTGAGE RATES STICK OR TWIST ?

[CatmanV2]

Am I hearing this right? the upper tax bracket has been scrapped? Everyone pays 19% from next year?

No

The top bracket has been scrapped

C

 

[Oneball]

Am I hearing this right? the upper tax bracket has been scrapped? Everyone pays 19% from next year?

You’ve forgotten there’s 3 tax brackets. Only really benefits the rich who paid for Liz’s PMship

 

[midlifecrisis]

Bugg3r!

 

[philw696]

Well what a surprise so the gap between the Rich and Poor will just get bigger.

 

[Wattie]

Am I hearing this right? the upper tax bracket has been scrapped? Everyone pays 19% from next year?

Nope.

• A reduction in the basic rate of income tax from 20 pence to 19 pence.
• Scrapping of the 45% tax paid on incomes over £150,000 ($166,770), taking the top rate to 40%
• 
  sterling is tanking further!

 

[Mavster]

....at least they made it harder for the poor to claim benefits

 

[Felonious Crud]

sterling is tanking further!

Then I'd best get my non-sterling invoices sent out fast.

 

[Wattie]

Then I'd best get my non-sterling invoices sent out fast.

Hold them back, they’ll be worth even more in a month or so…..

 

[Felonious Crud]

Hold them back, they’ll be worth even more in a month or so…..

This is a strike while the iron's hot situation.

 

[Swedish Paul]

This is a strike while the iron's hot situation.

That’s usually called murder.

 

[Felonious Crud]

.

That’s usually called murder.

Call it what you like, it pays well.