Very helpful of Labour to provide us on Budget Day with a comprehensive list of tax rises that have taken place under this government:
The 24 Tory Tax Rises
1. VAT increased ? to 20 per cent from 2011
2. Income Tax age-related allowances frozen and eligibility restricted (?Granny Tax?) from 2013-14
3. Income Tax higher rate threshold cut to ?42,475 in 2011-12
4. Higher Income Child Benefit Charge introduced 2013
5. National Insurance Contributions rates, limits and thresholds increased in line with CPI rather than RPI from 2012-13
6. Income Tax higher rate threshold frozen at ?42,475 in 2012-13
7. Insurance premium tax increased ? from 2011
8. Capital Gains Tax increased ? to 28 per cent for higher rate taxpayers from June 2010
9. New Beer Duty introduced on high strength beers from 2011
10. Duty on hand-rolling tobacco increased by an additional 10 per cent from 2011-12
11. ISA subscription limit uprated in line with CPI rather than RPI from 2012-13
12. National Insurance Contributions changes to contracting-out rebates from 2012-13
13. Capital Gains Tax annual exempt amount frozen, 2012-13
14. Stamp Duty Land Tax increase to 7 per cent on properties over ?2 million from 2012-13
15. VAT increases on a range of items, including caravans, sports drinks, and listed buildings from 2012
16. Duty on tobacco increased by RPI + 5 per cent in 2012
17. Income Tax higher rate threshold cut to ?41,450 in 2013-14
18. Capital Gains Tax annual exempt amount increased in line with CPI rather than RPI from 2013-14
19. Income Tax cap on reliefs introduced from 2013-14
20. Pension tax relief restricted from 2014-15 21.
21. Income Tax higher rate threshold Increase capped at 1 per cent in 2014-15 and 2015-16
22. Capital Gains Tax annual exempt amount increase capped at 1 per cent, 2014-15 and 2015-16
23. Inheritance Tax threshold frozen in 2015-16
24. National Insurance Contributions ending of contracting-out rebates from 2016-17
Eagle eyed readers will spot that one thing is missing: the ?hated bedroom tax? is not on the list. Which means Labour must have at last decided that it is not a tax after all.
Bedroom tax is not a tax says Labour
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Re: Bedroom tax is not a tax says Labour
Labour brought in the PRS (private rental sector) equivalent of the bedroom tax and would have done exactly the same as the Tories to create a level playing field.
As for increasing tax on caravans and cigarettes keep going 'til they are unaffordable!!
As for increasing tax on caravans and cigarettes keep going 'til they are unaffordable!!
Re: Bedroom tax is not a tax says Labour
Tax or no tax,they will be scrapping it when they win in 2015,thank god.
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Re: Bedroom tax is not a tax says Labour
Win? Not a chance? Millibland on the world stage?
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Re: Bedroom tax is not a tax says Labour
number 6 wrote:
> Tax or no tax,they will be scrapping it when they win in
> 2015,thank god.
Which other "Tory taxes" do you think Labour will be scrapping when they lead us all into the land of milk and honey?
Or do you think it more likely that the mantra will be "of course we undertsand people's frustrations, but we inherited such a mess from the Tories that we have to take "difficult decisions" to put it right" ... and then introduce more taxes of their own.
the wheels on the bus go round and round .....
> Tax or no tax,they will be scrapping it when they win in
> 2015,thank god.
Which other "Tory taxes" do you think Labour will be scrapping when they lead us all into the land of milk and honey?
Or do you think it more likely that the mantra will be "of course we undertsand people's frustrations, but we inherited such a mess from the Tories that we have to take "difficult decisions" to put it right" ... and then introduce more taxes of their own.
the wheels on the bus go round and round .....
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Re: Bedroom tax is not a tax says Labour
"Shock, horror" Essex Lad makes incorrect statement. Read all abart it!
24 Top Essex Lad misleading statements
"There is no such concept as innocent until proven guilty in the British justice system......
Did they say that this was a definitive list of all tax rises brought in by this government?
Nah, I don't think so either.
24 Top Essex Lad misleading statements
"There is no such concept as innocent until proven guilty in the British justice system......
Did they say that this was a definitive list of all tax rises brought in by this government?
Nah, I don't think so either.
Re: Bedroom tax is not a tax says Labour
Gotta admit I'm thinking that the Tories will scrape in possibly backed up. Y everyone's favourite quislings the lib dems.
The difference between us being rather than thinking its all down to the genius (?) of Gideon it will be down to the stupidity of the voter who still choose to believe the labour stole all the money rubbish spouted by the Tories and their mouthpieces.
Why everyone chooses to ignore the global meltdown that occurred I still don't understand and more frustrating is that labour haven't tried to explain the realities of what happened.
The difference between us being rather than thinking its all down to the genius (?) of Gideon it will be down to the stupidity of the voter who still choose to believe the labour stole all the money rubbish spouted by the Tories and their mouthpieces.
Why everyone chooses to ignore the global meltdown that occurred I still don't understand and more frustrating is that labour haven't tried to explain the realities of what happened.
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Re: Bedroom tax is not a tax says Labour
Cheers number 6, after the day I have had I could do with a laugh!! !laugh!
More bollocks from the drinking man's Gordon Brown
Shock horror ? David Johnson uses something no one ever said to make his point. Typical Labour-supporting smear tactics ? learned at the knee of Ali Campbell (not the one from UB40).
>
> 24 Top Essex Lad misleading statements
>
> "There is no such concept as innocent until proven guilty in
> the British justice system......
NOT what I said at all. I said the presumption of innocence is, and has to be, a legal fiction. If, for example, the police and CPS think Max Clifford is innocent, why is he on trial? This does not in any way mean that anyone accused should not be given a fair trial where the state has to prove guilt beyond a reasonable doubt.
>
> Did they say that this was a definitive list of all tax rises
> brought in by this government?
>
> Nah, I don't think so either.
But you would think that the way they have been banging on about it, they would have included it, wouldn't you?
>
> 24 Top Essex Lad misleading statements
>
> "There is no such concept as innocent until proven guilty in
> the British justice system......
NOT what I said at all. I said the presumption of innocence is, and has to be, a legal fiction. If, for example, the police and CPS think Max Clifford is innocent, why is he on trial? This does not in any way mean that anyone accused should not be given a fair trial where the state has to prove guilt beyond a reasonable doubt.
>
> Did they say that this was a definitive list of all tax rises
> brought in by this government?
>
> Nah, I don't think so either.
But you would think that the way they have been banging on about it, they would have included it, wouldn't you?