Tax wars: High earners look likely to lose a tax credit under government plans
But hitting the take-home pay of high earners is a risk to the economy, tax experts warn
There’s a sense of déjà vu in the air; another budget looms, bringing with it another row over tax. In the run-up to Budget 2016, the last government had indicated its intention, after much pressure from tax experts and business groups, to introduce more favourable tax treatment for the income of self-employed people, in a bid to move them closer to parity with PAYE workers.
Budget 2016 delivered an earned income tax credit ...
