After leaving office, then-chancellor Alistair Darling admitted that the socalled
supertax on bankers' bonuses had failed.
1909: In a revolutionary Budget, Chancellor David Lloyd George introduced a "
supertax" of sixpence in the pound for anyone earning more than PS5,000 a year, to pay for pensions and re-armament.
1909: In a revolutionary Budget, Chancellor David Lloyd George introduced a "
supertax"of sixpence in the pound for anyone earning more than PS5,000 a year, to pay for pensions and re-armament.
Dennis Taylor APRIL 29 1909: In a revolutionary Budget, Chancellor David Lloyd George introduced a "
supertax" of sixpence in the pound for anyone earning more than PS5,000 a year, to pay for pensions and re-armament.
The banking sector remained under pressure due to the
supertax clause in the economic reforms package.
you should pay a
supertax If you earn PS15,000 a year, I don't think you should have to pay any tax at all.
| 1909: Chancellor David Lloyd George introduced a "
supertax" of sixpence in the pound for anyone earning more than PS5,000 a year, to pay for pensions and re-armament.
When France's socialist president Francois Hollande tried a 75 per cent
supertax on millionaires, Gerard Depardieu left the country and footballers threatened to go on strike.
CHANCELLOR David Lloyd George introduced a "
supertax" of sixpence in the pound for anyone earning more than PS5,000 a year as part of his revolutionary in his 'People's Budget' to pay for pensions and re-armament.
Hollande's socialist government came into power in 2012 promising a 75 percent "
supertax" on top earners, but finally dropped the plan in 2015.
Example 4: Assume the same facts as Example 3 and that C used
SuperTax software to prepare the return.
