Income tax: they took my idea!

Posted by on May 13th, 2008 at 05:16pm

51735 Web Articles - Your article source! wrote an interesting post today on
Here’s a quick excerpt
Today the Chancellor finally announced what the measure would be to compensate people who have lost out due to the income tax changes. They are going to give all basic rate taxpayers an extra £120 by raising the personal tax allowance by five times that amount. That was the solution to the problem that I suggested nearly two weeks ago. I’m glad the government have seen sense, and are rectifying their mistake in this way, rather than introducing some new, complex system of benefits or credits.

Read the rest of this great post here

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