As reported by the Bucks Free Press, the police element of council tax will be rising by 1.99% to protect the frontline. The story does not explain that the rise is about £3.19 per year for a band D property, or about 6p each week. Our Police and Crime Commissioner Anthony Stansfeld is responsible […]
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Cutting income tax for 30 million people
Via Share The Facts: While Labour and the Lib Dems have confirmed they will raise taxes, we’re committed to cutting income tax and rewarding hard work. Income tax cuts are a key part of our long-term economic plan – to help taxpayers keep more of their hard-earned money and be […]
Read MoreEd Miliband admits he’ll tax you more
Via Share the Facts: Asked by Andrew Marr if he’ll raise taxes, Ed Miliband’s answer was clear.
Read MoreAn important truth about tax: history shows a limit to what people will pay
Following the Prime Minister’s pledges on tax, the commentators are at work dissecting the implications. The Financial Times in particular is critical. An important fact seems to have been forgotten. The evidence of the past century is that there is a practical limit to how much tax a government can take. During […]
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Air Passenger Duty Cuts
Air passenger duty is a tax paid by airlines which is typically passed onto their customers within ticket costs. It is banded on the distance from London to countries’ capital cities, with a reduced rate for economy class passengers. At Budget 2014, the Government announced a significant reform to air […]
Read MoreA summary of the Autumn Statement
The Conservative Party’s summary of the Autumn Statement is as follows. Backing business all the way: Local businesses will benefit from a cap on business rate rises and an extension of rate relief. The increase in business rates next year will be capped at 2 per cent – businesses were […]
Read MoreFor City AM: It’s time to end the cruel delusion of cheap money and reckless spending
City A.M. asked me to comment in advance of the Autumn statement. I wrote: GEORGE Osborne will present his Autumn Statement to a country in the grip of a cruel economic delusion, perpetrated against the poor and the aspirational. Welfare states everywhere are spending chronically beyond their means while papering […]
Read MoreI wish Vince agreed with Nick (and Nick stuck by his own principles)
In his conference speech, Nick Clegg said, The Conservatives, on the other hand, have made it clear that their priority is to help some families over others, with a tax break for married couples. A tax break for some, funded through the taxes of everybody else – that tells you […]
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Contributions to the Finance Bill Committee 2013
Budget 2013 has long been forgotten by the media but the Finance Bill implementing it returned to the House yesterday for report stage. From 23 April to 20 June, I served on the Bill committee. All Bill stages and documents may be found here. I made many contributions, including 25 […]
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Finance Bill Committee coming to an end today
Today is the last day of the committee stage of this year’s Finance Bill. Details of all stages may be found here. I confess I look forward to it being over. I have been on the Committee since 23 April, making a sincere attempt to scrutinise every clause and promote […]
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