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Unbalanced taxation penalises success

The new tax year begins on Saturday, though there is little cause for rejoicing. The country is still enduring the highest tax burden for 70 years despite recent cuts in National Insurance. Figures produced by the House of Commons Library indicate that up to 1.6 million more pensioners will be drawn into paying income tax within four years because of frozen allowances.
Paul Johnson House Of Commons Library National Insurance Institute For Fiscal Studies Commons Library Fiscal Studies
Source: yahoo.com

'Tax bombshell' warning issued to more than one million people

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United Kingdom Jeremy Hunt Sarah Olney Institute For Fiscal Department For Work House Of Commons Library

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