MoneySaving Poll Results
Income Tax: Do you agree with the Govt’s changes?
| Poll Started 21 April 2008: Income Tax: Do you agree with the Govt’s changes? There’s a possible backbench rebellion against the govt’s 6 April tax changes. The basic rate’s been cut from 22% to 20%; but the old 10% starting band has been dropped to pay for it. The main winners: Those earning above £15,075 pay less tax. The main losers: Those earning between £5,435 and £15,075 pay more tax. Some people will have this made up by tax credits but its estimated 5.3m won't. Calculate your tax gain or loss. Which of these is closest to your view?
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