A tax cut that will give the richest people almost £100,000 a year could have increased child benefit for more than 12 million children, according to...

Chancellor George Osborne should think about cutting the top rate of income tax, Boris Johnson said on Friday as he praised India for having a more at...

This narrative has been accepted by the right - of proof of the age-old maxim that taxing the rich proves counter-productive - and even by the left, as a cause for despair. The trouble is, it isn't true. Or at least there is no credible proof that it is.

Until Labour face up to the unpleasant truths of their role in the country's present economic crisis, their rhetoric is going to fail to convince. Playing the political game with aggressive putdowns which play to the gallery will only get them so far.

George Osborne has robustly defended his decision to scrap the 50p tax rate, as "it raised no money at all". Speaking to MPs on the Treasury Select...

Labour has accused George Osborne of showing "utter contempt" for parliament by leaking much of his Budget to the newspapers before it was delivered t...

As predicted, the Chancellor's decision to scrap the 50p tax rate proved one of the most controversial parts of his Budget. Labour leader Ed Miliba...

With the challenges facing the British economy and the huge pressure on many families' finances, George Osborne didn't have much room for manoeuvre in today's Budget. There was no spare cash for giveaways so he made a series of careful trade-offs which, overall, will leave ease the pressure on lots of households and allow most of them to keep more of their own money.

Ed Miliband is likely to have his face all over the newspapers tomorrow morning - unfortunately for him - sitting next to an image of Wallace as well as Gromit.

George Osborne has delivered his 2012 Budget to the Commons, and as expected the 50p top rate of tax is being cut to 45p, a measure which will come in...

On Wednesday Osborne is set to announce cutting the 50p tax rate, allowing those who earn most to pay less tax in a move that once again proves he either suffers from dyspraxia or is unwittingly elitist.

On the week before the Budget, ministers who have been involved in deciding it normally go into a state of "purdah" and not say anything in advance ab...

Come on Mr. Cameron, the Health and Social Care bill is bad; there are better ways to reform the NHS, listen to the health professionals. Abandon the bill; it is a good U-turn that is also likely to improve your party's chances of re-election.

Almost two years ago I struggled to see the upside of a five year coalition deal for the Lib Dems and as the coalition government stands ready to pass the NHS reform bill and strong rumours abound about a cut in the 50p top rate of tax, today I fear for the future of the Lib Dem party.

George Osborne is putting the finishing touches to his Budget amid claims he is prepared to cut the 50p top rate of tax. Downing Street insisted th...

Deputy Prime Minister Nick Clegg's plans for a "tycoon tax" on the super-wealthy are likely to be unworkable, according to a senior Tory. Mr Clegg'...

Last week 537 business leaders signed a letter urging that the 50p tax rate on very high earners be immediately scrapped in George Osborne's upcoming budget.

More than 500 business leaders called today for the "damaging" 50p top rate of tax to be ditched in the budget. Entrepreneurs from across the count...

Chancellor George Osborne has warned that any tax cuts in next month's 2012 Budget would have to come from further cuts in public spending, insisting ...

Companies and entrepreneurs could quit Britain unless the 50p top rate of income tax is abolished, David Laws, the Liberal Democrat former cabinet min...

Vince Cable has said the UK could join the euro in the "distant future" despite the current turmoil in the eurozone. Speaking on the second day of ...

Controversy over the 50p income tax rate is set to be fuelled with the announcement that top earners are to be targeted by a dedicated team of tax ins...