Radical suggestions to simplify the tax system
The Institute for Fiscal Studies has made some radical proposals for an overhaul of the UK tax system.
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The Institute for Fiscal Studies has made some radical proposals for an overhaul of the UK tax system.
Price inflation has reached its highest level since 2008, with the Consumer Prices Index (CPI) measure of inflation reaching 4.4%.
Figures from the Institute for Fiscal Studies (IFS) suggest that an additional 750,000 people will start to pay higher rate income tax at 40% from April 2011.
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