Economic Developments: Income Tax from 1979 to 1988 Flashcards

1
Q

What was standard rate income tax at in 1979?

A

33%

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2
Q

What was standard rate income tax at after the 1979 Budget?

A

30%

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3
Q

What was higher rate income tax at in 1979?

A

83%

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4
Q

What was higher rate income tax at after the 1979 budget?

A

60%

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5
Q

What was higher rate income tax at by 1983?

A

45%

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6
Q

What was standard rate income tax at by 1983?

A

27%

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7
Q

What was higher rate income tax at by 1988?

A

40%

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8
Q

What was standard rate income tax at by 1988?

A

25%

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