1. National

Top income tax rate falls to 45%

A raft of government changes to tax reform come into effect from today, including a cut in the top rate of income tax from 50p to 45p.

View all 13 updates ›

Danny Alexander: Tax reforms will make work pay

Chief Secretary to the Treasury Danny Alexander has said that income tax changes that came into effect today will help make work pay.

Chief Secretary to the Treasury Danny Alexander. Credit: Gareth Fuller/PA Wire

Mr Alexander told Radio 4's Today programme that the coalition government "is working hard to help those on low and middle incomes".

He added: "We think it's important that we make work pay, that we reward people who are working hard on ordinary incomes and that is what the increase in the personal allowance will do".

More top news