You are using an older browser version. Please use a supported version for the best MSN experience.

Chancellor announces 45% higher rate of income tax will be ‘abolished’

Chancellor Kwasi Kwarteng said the UK’s additional rate of income tax at 45% is higher than the headline top rate in other G7 countries, telling MPs: “I’m not going to cut the additional rate of tax today. I’m going to abolish it altogether."
image beaconimage beaconimage beacon