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Old 8th Aug 2010, 10:01
  #171 (permalink)  
Wirbelsturm
 
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The 'rumour' from within is that BA will be looking to recruit at some point in 2011. In addition the company seems to be running up, albeit slowly, the recruitment team in readiness.

As to the taxation issue, the Budget that netted the tax man the best returns was that which reduced the higer rate of income tax to 40%.

This gave the Governemt a smaller slice of a much, much bigger pie as people were more willing to work hard in order to retain money in their pocket and not have to hand it all to the tax man. Removing those from the top end of the 40%-50% bracket will require a considerable number more workers earning in the 22% bracket to net the same revenue.

All told a system not beneficial to the tax man and downright unfair to those who lose their tax free earnings as well giving s substansive tax payment in that bracket of £100,000-£110,000 of about 68%. Especially as the nice man at HMRC still has the wording 'everyone in the UK is entitled to a basic tax free sum'. Not quite true.
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