supertax


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supertax

a tax levied in addition to the basic tax, esp a graduated surtax on incomes above a certain level
References in periodicals archive ?
There is no specific requirement that C provide a copy of the SuperTax file.
The supertax could rake in more than pounds 2billion - four times the pounds 550million estimated by the Chancellor in his pre-Budget report.
Barclays boss Bob Diamond, one of the few banks which wasn't bailed out, still had the audacity to call the new supertax a "stifling reform" which could push up the cost of mortgages and loans to ordinary people.
If needed, and also as a means to prevent evasion, the assets tax may be replaced by an extraordinary supertax on corporate profits or sales.
I stopped a taxi and asked the driver to radio through to his office to call a cab for our customer and all he could do was give us a business card with a phone number or suggest we went to the office of Supertax.
He said: "Under the SNP, you can imagine a sort-of supertax being imposed.
BRITAIN'S growing band of billionaires should be hit with a supertax, it was claimed last night.
A controversial one-off supertax on bonuses in Britain last year had failed to change behaviour, as bankers had found "imaginative ways" of avoiding it, the former Chancellor Alistair Darling, who introduced it, said last week.
Now that he's softened business up to the idea of a bonus supertax he should impose it on any company which gives its directors proportionately more than they give to their employees.
They particularly liked Mr Darling's plan to impose a 50 per cent supertax on the bonuses of rich bankers and use the cash raised to tackle youth unemployment.