hi

It's all very interesting to see the way in which to calculate the new VAT rate....but......I don't see that has anything to do with the thresd subject eg the fairness/unfairness of the budget.

On this topic has anyone any thoughts about something that seems to have been written into the "small print" of last week's budget.

In raising the income tax rate by £1000 they have pro rate to reduce the minimum rate for the high earners. This will bring some people who currently earn less than the high rate into being taxed at 40%.

This is going to hit some people hard........???

Cheers

MikeL2