Income tax

Downing Street has rejected calls from a group of prominent economists to drop the 50p tax rate as soon as possible, although it has continued to insist it is only a temporary measure.

Capital Economics' Roger Bootle is among 20 of the UK's leading economists urging the coalition to drop the 50p tax rate, calling the top levy a "self-defeating" way for the Treasury to raise money because it risks driving away the nation's wealth creators...

The tax contribution of the Premier League's 20 clubs is set to exceed £1bn this season thanks to the rising cost of player wages.

An action group has called on the government to suspend income tax on savings interest due to what it said was a "deteriorating" climate for savers.

Chancellor George Osborne has hinted again the 50p tax rate remains under review.

It hasn't all been about the platforms paper, you know...

The government could scrap the 50p top rate of income tax within the next two years - possibly replacing it with a 45p rate - according to reports.

Danny Alexander, the chief secretary to the Treasury, has ruled out cutting the top rate of tax, after former Tory chancellor Lord Lamont called for tax cuts over the weekend.

Andy Zanelli discusses the importance of asset allocation within a tax wrapper.

The Government today issued a call for evidence as part of considerations to simplify the way it deals with income tax and National Insurance contributions (NICs).