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UKIP Propose Flat Rate Tax and Higher Personal Allowance

UKIP have put together a proposal for a higher rate of the UK personal allowance (£13,000) that would also be transferable between husband and wife, as well as a flat rate tax of 25% for all.

This would be paid for by scrapping various other current UK policies including overseas aid. Further info can be found on the Money Marketing website.

Marian: Marian worked in pensions/finance for 12 years including gaining the Associateship of the Pensions Management Institute. She has a keen interest in finance, taxation and property and spends time reasearching and writing articles on these topics.
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