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Business

Britain’s £100,000 tax trap

Source: Financial Times ·
Rolls of U.S. dimes and nickels in paper coin wrappers
File photo dmuth / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Many of the country’s most skilled workers are withholding their labour from the economy because of crushing marginal rates

Read the full story at Financial Times

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Financial Times.

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Brick factory building and tall smokestack under a blue sky Business

Job vacancies fall as small firms cut back on recruitment

Small firms cite labour costs as a key factor in scaling back hiring, the Office for National Statistics says.

BBC Business · Torn U.S. one-dollar bill on a white background Business

Chancellor rejects calls to raise Capital Gains Tax in Budget, sources say

Influential Labour figures had been pushing for equalising CGT and income tax, but critics have said this could drive wealthy people out of Britain.

BBC Business · Trading floor of the New York Stock Exchange with banks of monitors Business

Idt EVP Menachem Ash sells $410,000 in class b common stock

Investing.com ·