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UK Govt Abandons Plan To Scrap 45% Tax Rate After Facing Criticism

Por: RTTNews Business October 03, 2022

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The UK government decided to abandon its plan to scrap the 45 percent tax rate, which was announced just 10 days before, after coming under severe criticism for such a relaxation for the high earners at the time of rising living costs....it is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country, Chancellor of the Exchequer Kwasi Kwarteng said in a... + full article



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