Tuesday 13 May 2008

The Badger increases personal allowance by £600

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!

2 comments:

Anonymous said...

My wife and I will find it very helpful. It won't cover the rise in Council Tax though, will it?

Anonymous said...

Agreed, Mark. Tractor production has been good this year. All hail.