Wednesday 14 May 2008

10p tax made simple - Steve Webb explains the changes

Steve Webb's blog explains the Government's latest tax changes.

Are you a winner or a loser? Are the Government's changes a one-off, or will they apply next year as well?

Just a thought, is this U-turn anything to do with the Crewe and Nantwich by-election?

But there will be 1.1 million people that still lose out - earning between just over £6,500 and £12,800 - so they are worse off than most of the people who gain from this week's changes.

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