Daft buggers, honestly. Why didn't they just do this a year ago? After 14 months of bickering over the 10p tax rate, they are now going to increase the personal allowance to £6,035 from September 2008.
At least this has illustrated the basic battle lines: if you want to help high-earners, cut the rate; if you want to help low earners, increase the personal allowance.
Which is why I believe in a much higher personal allowance and a single rate of tax, as recommended by ... UKIP!
Update: tractor production continues to rise! All hail The Great Leader!
Tuesday, 13 May 2008
The Badger increases personal allowance by £600
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2 comments:
My wife and I will find it very helpful. It won't cover the rise in Council Tax though, will it?
Agreed, Mark. Tractor production has been good this year. All hail.
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