Extract from second reading debate (Lords) of the Finance Bill - June 8

Wednesday, 9 June 2021 08:43

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