article_snippet: In a surprise move, Chancellor announced a modest ‘down payment’ on Tory plans to raise the bracket for paying higher-rate tax to £50,000.
article_snippet: Chancellor used the Budget to announce a modest ‘down payment’ on Tory plans to raise bracket for paying higher-rate tax to £50,000 .
article_snippet: Treasury sources described yesterday’s announcement as a ‘down payment’ on future increases, and pointed out that levels could be revised upwards at subsequent Budgets if Tories win the May 7 election.