Monday, 21 May 2012

Calls for single 30% income tax rate

A single 30% rate of income tax is needed in order to boost growth in the UK, a report by lobbying groups says.

The 2020 Tax Commission's report also calls for the abolition of national insurance, and for the basic personal allowance to be raised to £10,000.

http://www.bbc.co.uk/news/business-18137548