Extract from second reading debate (Lords) of the Finance Bill - June 8
Wednesday, 9 June 2021 08:43
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Baroness Bennett of Manor Castle (GP):...There is some very useful
information about who is paying and who is not. I have referred
noble Lords to a report from the CAGE institute at the University
of Warwick In 2015-16, a quarter of people who had more than £1
million in taxable income paid less than 30% tax, while one in 10
paid just 11%—the same as a person earning £15,000 a year. This is
a key issue... To read the whole debate, CLICK HERE...Request free trial
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