Income tax strategies for high earners and entrepreneurs
Thursday, December 09, 2010 | Posted by: Sue Knight
Categories:
Business,
Protecting your wealth
| Tags: tax,
tax planning,
property,
capital gains tax,
CGT,
income tax,
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pensions,
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Finance Bill 2011,
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The publication of draft clauses for the Finance Bill 2011 is imminent and no doubt there will be opportunities for some and disappointment for others. One thing is certain: the 50% income tax rate for those with incomes over £150,000 is likely to be with us for the foreseeable future, putting income tax reduction on the agenda for many. Although it has been interesting to hear a number of politicians from different parties talking about it as a ‘temporary tax’.
