Paying tax at the 50% rate in 2010-11

HMRC is currently undertaking an exercise to identify those customers who might need to pay tax at 50% during 2010-11. Customers will be given as much notice as possible in writing, to enable them to arrange their finances to cover any underpaid tax that will be due on 31 January 2012.

Please see the attached update from HMRC below.

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