Tax Rebates & Refunds

“No income tax for low earners” – Nick Clegg, Lib Dems

April 13, 2010
Posted in Income Tax — Written by The Entitlements Agency — Comments (0)

The Liberal Democrats have launched their manifesto for the 2010 General Election, announcing that anyone earning under £10,000 would pay NO income tax under a Lib Dem government.
Liberal Democrat leader Nick Clegg said the huge tax break would be paid for by:

Charging an annual 1% levy on houses worth over £2 million
Halving tax relief on [...]

Labour manifesto promises “no rise in income tax”

April 12, 2010
Posted in Income Tax — Written by The Entitlements Agency — Comments (0)

Labour’s manifesto for the General Election promises they will not increase income tax should they retain power – but they make no such guarantee for Value Added Tax (VAT).
It’s hard to see how they could even contemplate yet another rise in income tax and hope to win the election so that’s hardly a surprise, but [...]