We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
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We believe an effective Tax rate of 60% on income between £100,000 and £125,140 is punitive on individuals and certain professions and discourages extra work and career development.