High Earner Restrictions

When this restriction was introduced in the Finance Acts 2006 and 2007 it was seen as a means of ensuring that “high earners” paid some tax on their income irrespective of the amount of tax reliefs available to them.  Briefly the reliefs restricted included, the various property reliefs, BES relief, film relief, exempt patent income, donations, etc. At the time the restriction was aimed at individuals with income in excess […]