Budget 2010: 700000 more will pay 40pc tax – Telegraph Blogs
by Ian Cowie
That mutation means about 23m key berate taxpayers will pay £200 less revenues tax and 880,000 low earners will be spared paying any revenues tax. But Mike Warburton of accountants Allocate Thornton said: “The Chancellor has gone further than he needed to equiponderance the books by also acid the prong at which you start paying 40pc tax from £43,875 now to £42,375 from next April. As a development, I trust about 700,000 to pay 40 per cent tax for the first pass. About 700,000 more people will be course of study to higher grade return tax when the starting burden for 40 per cent tax is lowered by £1,500 next April, accountants work out....
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