can someone spell out what fringe benefit tax is and how an accountant of a compnay should compute the same

The tax advantages for investing in annuities is most have. On your tax return you will recieve credit for having it.

The tax advantages regarding interest rates is that there are tax deductions for the interests payable. This would translate to repayment of lower interest rates.

There are many advantages that are associated with a proportional tax. This tax is neutral and doesn't change with income. In addition, it is easy to calculate the amount that is owed each year.

what are the advantage of incraesing the income tax in uk? or why they increas it?