tag:blogger.com,1999:blog-8993615971333537173.post6437293659975233054..comments2024-01-26T16:33:37.692+00:00Comments on plumbum: How much does the 50% rate collect?PaulBhttp://www.blogger.com/profile/16861432701458977844noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8993615971333537173.post-56561342324884507672014-04-23T05:57:31.785+01:002014-04-23T05:57:31.785+01:00You have shared really very good information.If lo...You have shared really very good information.If looking for financial services.Thanks<br /><br /><a href="http://www.i-financialadviser.com/" rel="nofollow">Independent Financial Adviser Weston-Super-Mare</a> & <a href="http://www.i-financialadviser.com/Financial%20Services%20Weston-super-mare%20to%20Bristol/retirement/pensions/" rel="nofollow">Independent Financial Adviser Bristol</a>rickymartinhttps://www.blogger.com/profile/05255039913155553602noreply@blogger.comtag:blogger.com,1999:blog-8993615971333537173.post-78398040140436189042012-03-19T08:58:07.231+00:002012-03-19T08:58:07.231+00:00I've not seen any data on the extent to which ...I've not seen any data on the extent to which bonuses are being deferred: my subjective impression is that the FSA Code had little effect because the major players were already compliant. It's possible that increased deferral from 2009 may be leading to a ramp up in taxable incomes now.<br /><br />Another factor is that there's an option to pay tax on deferred shares at the time of award rather than at the time of vesting. This may have reduced tax paid at the 50% rate in 2010-11.PaulBhttps://www.blogger.com/profile/16861432701458977844noreply@blogger.comtag:blogger.com,1999:blog-8993615971333537173.post-90743615663443176672012-03-17T11:09:47.440+00:002012-03-17T11:09:47.440+00:00You make a valid point about how a set of estimate...You make a valid point about how a set of estimates canot be used to detrmine how much extra revenue is raised by the 50p rate. I would also make the point that some account needs to taken of the impact of the FSA Remuneration Code in pushing bonuses into future years. The short answer is that that you cannot work out what the impact of the 50p rate is until you have a number of years actual tax data - which as we haven't yet completed one tax year with the 50p rate is just not available.<br /><br />And you only have to look at the Budget statement by Osborne last year to see that he supported this position:<br /><br /><br />"I've said before that now wouldn't be the right time to remove it, when we're asking others in our society on much lower incomes to make sacrifices.<br /><br />For we're all in this together.<br /><br />But I think it's sensible to see how much revenue it actually raises."<br /><br />Yet now he appears to have made the decision without being in the position to know the answer to his question. I'm afraid all this points to, apart from a lack of prudence on Osborne's part, is that the decision has all to do with political self interest and nothing whatsover to do with economics.tory boys never grow uphttps://www.blogger.com/profile/11172736984147732661noreply@blogger.com