50% Tax Band : Budget 2009

One of the controversial aspects of the Budget was the introduction of a new 50% tax band for people earning more than £150 000 a year.

It creates a political dilemma for David Cameron & the Conservative Party. Do they go along with it in the "interests of the country" or criticise it and be denounced as fat cats.

Posted by Sean Wilson, APFS, Independent Financial Advisers (IFA), Swindon, Wiltshire.