Child Benefit changes mean parents will pay higher tax rates than millionaires

| November 7, 2012 | 0 Comments

  Leading accountants calculate that parents will suffer higher marginal rates of tax than millionaires – paying as much as 73p in the pound – if the Government persists with plans to clawback Child Benefit where either parent earns over £50,000. HM Revenue & Customs (HMRC) says it expects 500,000 more parents to be forced […]

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