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 After the 10p rate row, fears grow over back-taxes threat to pensioners
income. This is because, back in 1983, the Inland Revenue - in the throes of dealing withPAYE system. But we will not, in normal circumstances, seekare due to start going out in October - but some peoplegetting a small private pension in 1983 or after, and from whichElderly People (taxvol.org.uk; 0845 601 3321), which givessome very robust measures in the pre-Budget report to recoveralso have to be paid for. The UK's 28 per cent rate is lookingsome other countries, notably Ireland (12.5 per cent). Herring, senior tax partner of accountants BDO Stoy Hayward, believes that a cut in corporation tax 'is virtuallya rise in VAT. He says the UK's 17.5 per cent is among the
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