did this actually make it into law?

[DimPrawn]

would you be in that tax band then?

No. But I have several friends that would fall into this with bonuses added to their salaries.

[MPwannadecentincome]

would you be in that tax band then?

[DimPrawn]

http://www.hmrc.gov.uk/rates/it.htm

So no mention of a 45% rate then?



Stick the kettle on love.

[cailin maith]

http://www.hmrc.gov.uk/rates/it.htm

[Sysman]

I don't know if it actually made it to the statute books, but there was also talk about reducing the personal allowance to zero for those on a taxable income of more than 100K.

The latter was woefully reported by the press at the time; they assumed that gross income = taxable income and ignored tax bands, so got their figures quite wrong.

[DimPrawn]

http://business.timesonline.co.uk/to...cle5219530.ece

Top earners face higher taxes as Gordon Brown and Alistair Darling reduce a borrowing bill that will hit nearly £120 billion next year.

The Chancellor is expected to announce a new top rate of tax of 45 per cent that will apply to those earning more than £150,000.

The new rate – which is likely to come into effect immediately after the next general election – is expected to be among the deferred tax rises announced to show how the Treasury intends to rebalance the books. It will affect nearly 300,000 people and raise about £1.2 billion.



Was this implemented? If so, any links to the official documents?