The 40% Stealth Income Tax

Amongst all the pre-Budget speculation I was interested as a tax barrister in the 40% income tax band as yet another stealth tax. Back in the Nigel Lawson days the 40% income tax band covered just 1 in 20 people. Now 1 in 6 taxpayers have to pay it. So often in tax the real deal is not in the publicity or spin but the fine detail later. Bit by bit over the years what had been an exceptional tax becomes a stealth tax paid by more and more.

Eamon McNicholas
Tax Barrister, Accountant

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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