High earners to gain most from Tory plans

Tax cuts for wealthy to be funded by unspecified spending cuts

Advice & Comment

Prime Minister, David Cameron, listens to the "Our United Kingdom" debate at the Conservative party conference in Birmingham this afternoon. ©Charlie Bibby/FT
Who would benefit from David Cameron’s pledge to increase the personal allowance and the 40% income tax band, and how much would it cost?
– Adam Palin
George Osborne, U.K. chancellor of the exchequer, gestures during the Institute Of International Finance Spring Meeting in London, U.K., on Wednesday, June 4, 2014. U.K. services grew faster than economists forecast in May and confidence about the outlook prompted companies to boost hiring. Photographer: Simon Dawson/Bloomberg *** Local Caption *** George Osborne ©Bloomberg
How would George Osborne’s proposal for pension funds to pass tax free to heirs work, and who would be able to take advantage?
– Josephine Cumbo
©Charlie Bibby/FT

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Greg McClymont. Must be credited http://www.engagedinvestor.co.uk/ MUST NO REUSE.

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