Uh_huh_him
Well-known member
- Sep 28, 2011
- 11,914
Indeed. I have mentioned the case for stopping the universality of the WFP on at least one of my previous posts.
Your Mum sounds like a doughty lady, so best not argue!
I think they could have, initially, stopped the WFP for higher rate tax payers and that would have given them time to devise a scheme that was ‘fit for purpose’ if they wanted to lower the barrier any further. It wouldn’t also have given due warning of their possible intentions or alternatively given time for the Treasury to decide whether it was really the best way to raise funds or whether it would be more politic to think up other dastardly plans to raise dosh
Why higher tax level?
That seems unnecessarily high.
I assume you mean the 40% tax bracket not 45%
Even then - that's still a significant income.
particularly for couples, who could earn £100k and still get the payment