1970s tax levels, global investing and P2P lending - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
How Labour will take tax rates back to the 1970s Depending on how the country votes on 8 June, tax planning could have shot firmly to the top of clients' personal finance agendas by the end of this week - and particularly if they happen to have read this Telegraph Money piece, which suggests income tax rates will be raised to 1970s levels if Jeremy Corbyn and his Labour party win the general election. After some intricate calculations, notes the article, the Institute for Fiscal Studies has found Labour's manifesto-pledged reintroduction of a 50% rate of tax, alongside an existing anom...
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