Tag: Low Pay Commission

UK private sector wages fall further

New statistics show that private sector wages have fallen further behind inflation in Britain than anywhere in the industrialised world except Mexico, Turkey and Iceland as the recession bit last year. The Organisation for...

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Higher earners hit by 50% tax

New rules meaning staff must pay 50p tax on every pound they earn in excess of £150,000 have come into effect This is in addition to the ‘anti-forestalling’ rules potentially restricting higher rate tax relief on...

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