Middle class tax crackdown as prosecutors vow to take FIVE times more evaders to court Chief prosecutor Keir Starmer is aiming for a fivefold increase in tax evasion cases that go to court He will warn tax evasion is not a 'victimless crime' and costs every family 769-a-yearHM Revenue and Customs steps up investigations into global firmsLabour warns against taking eye of global firms costing Treasury billions By Becky Barrow PUBLISHED: 12:25 GMT, 21 January 2013 | UPDATED: 01:42 GMT, 22 January 2013 Middle earners who dodge tax will be targeted in a major crackdown by the Crown Prosecution Service. In a hard-hitting speech tonight, the Director of Public Prosecutions will condemn those who fail to pay their dues – from lawyers to plumbers.
Higher earners face 1,000 cut in state pensions under new proposals to form single-tier system Pensions Minister Steve Webb said that the proposed single-tier state pension would lead to high earners receiving around 20 a week lessUnder the plans to introduce a simpler flat rate pension, the state second pension will be abolished | UPDATED: 03:18 GMT, 14 December 2012 Admission: Pensions minister Steve Webb The state pensions of high earners will fall by 1,000 a year under planned reforms, the government has admitted.
Pensions raid will hit 340,000 high earners: Public sector fat cats among those targeted in the 1bn tax grab Pension tax-breaks to be cut to from 50,000 to 40,000 a year to raise 1bnChancellor insists wealthy must shoulder more of Britain's debt burdenTax-free allowance for pensions cut from 1.5m to 1.25m over a lifetimeExperts say cuts will not just hit fat cats and will discourage savers But basic state pension is to rise by 2.5% next year to 110.15 a weekCritics say that it still leaves one in five pensioners in poverty | UPDATED: 01:55 GMT, 6 December 2012 A 1billion raid on pensions will hit tens of thousands of middle and high-income earners, experts warned last night. George Osborne yesterday announced he was cutting the tax-free amount an individual can put into their pension each year from 50,000 to 40,000. It comes just a year after the annual limit was cut from 255,000
Now we ARE all in it together: Osborne puts 400,000 middle-class workers into 40% tax band, squeezes benefits and orders 1bn raid on higher earners' pensions Mr Osborne targeted workers at top, middle and bottom of financial heapHardest hit by measures will be top 10% and bottom 10% of earnersEconomy predicted to shrink by 0.1% in 2012 according to statementSchools given discretion to raise teachers' pay if they perform wellExtra 5bn to be used for infrastructure projects including 100 new schools | UPDATED: 23:26 GMT, 5 December 2012 George Osborne targeted workers at the top, middle and bottom of the financial heap yesterday with a raft of money-saving measures. He ordered a tax raid on higher earners’ pensions, warning that Britain is only a third of the way through its age of austerity. He dragged 400,000 more workers into the 40p tax rate by raising the earnings threshold by just one per cent – below the rate of inflation
Millionaires' exodus: Two thirds of Britain's top earners 'deserted the UK' after 50p top tax rate was introduced The number of people declaring incomes of more than 1m slumped from 16,000 to 6,000 after Gordon Brown introduced the new tax rules in 2010The amount of tax paid by top earners fell from 13.4billion to 6.5billion as a resultTopTories describe the tax hike as 'ideological' and claimed that the rich will now pay a greater share of the tax burden under the Coalition | UPDATED: 03:53 GMT, 28 November 2012 Around two thirds of Britain's highest earners deserted the UK after the 50p top rate of tax was introduced, according to figures. While some 16,000 workers declared an income in excess of 1million in the 2009/10 tax year to HM Revenue and Customs, that number dropped to just 6,000 after then Prime Minister Gordon Brown brought in the new tax rules. Tax paid by the top earners fell from 13.4billion before the top tax rate came in to 6.5billion in 2010/11.