'Time needed' for 10p tax changes | |
The chancellor has admitted "it will take time" to finalise compensation details for people who lost out when the 10p income tax rate was scrapped. Alistair Darling told MPs he would wait until this autumn's pre-Budget report to outline the package, as changes to the tax system "can be quite complex". Concessions were offered to some low earners and pensioners under 65 amid fears of a rebellion by Labour MPs. Conservative leader David Cameron said the affair was "a complete shambles". "Even when it comes to making a U-turn, this government is incompetent," he added. "With this prime minister and with this chancellor you have always got to check the smallprint." The abolition of the 10p rate was part of Gordon Brown's final Budget as chancellor, before he became prime minister last year, and came into effect earlier this month. http://news.bbc.co.uk/1/hi/uk_politics/7364344.stm |
Thursday, 24 April 2008
We need time !!!!!!
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