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Consultation over 'charity tax'

Downing Street has said a "formal consultation" on a government plan to tax charitable donations will take place this summer. It was revealed almost one in 10 people earning over £10m a year is paying under the 20% rate of income tax.

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TUC's Brendan Barber: 'These are truly shocking figures'

Responding to Treasury figures that says almost one in 10 people earning more than £10 million a year are paying less than the 20% basic rate of income tax, TUC general secretary Brendan Barber said:

"These are truly shocking figures. For too many of Britain's super-rich, tax is something for the little people.

"Unfortunately the Government is making the mistake of trying to deal with tax reform in a piecemeal way - one day rewarding the very wealthy with a cut in their tax rate, the next trying to unpick their allowances that benefit charitable institutions.

"Instead what we need is a proper and comprehensive review of our tax system - one that sets out to make tax fair for everyone and means the super-rich start to pay effective tax rates much higher than the seemingly voluntary rates they pay at the moment."

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