Tag Archives: top rate of tax

Which of the Cabinet have just handed themselves a tax break?

During his response to the Budget today, Ed Miliband challenged members of the cabinet who will benefit from the lowering of the top rate of income tax from 50p to 45p to raise their hands.

No-one did. So I did a bit of sleuthing, using the register of MPs’ financial interests and the register of ministers’ interests to see which ministers are likely candidates.

The full blog post, with table of calculations, can be found on the Telegraph website here, while the text of the resulting newspaper article is online here or after the fold.

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