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    Marek #14 - I know, in fact that figure was given by sources in no 10.

    That does not stop it being Donald Duck nonsense after all a lot of those very civil servants in no 10 and no 11 were part of creating the problem we are in now.

    Howard, the real impact will show in about 12 months time and I can guarantee the gross 'tax take' will seriously disappoint supporters of the 50p rate and are likely to undershoot current estimates. Then when you take into account the full impact of the mitigation measures being taken by taxpayers the 'tax take' will turn into a negative figure.

    If there is anyone out there who is threatened by being punished by the 40p or 50p rates then let me know and I will be pleased help you mitigate or eliminate that tax.... It is straightforward enough and you don't need an accountant to do it.

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