Sentences with phrase «income tax allowance»

Fifteen Conservatives and eight other MPs, including three from Labour, voted to provide for a personal income tax allowance transfer between married couples during a debate on the report stage of the finance bill last night.

What we have seen instead is the Lib Dems» increase in income tax allowance, designed to help lower and middle - income earners, gain precedence.

He sought to soften the blow by restoring the state pension link to earnings from next year, raising income tax allowances for basic rate payers and a # 2bn boost for poor families.

There is another lesson to be learned, too: the emphasis on «jobs tax» and the business - focused efforts on helping out»em ployers», have a strikingly similar overall effect to the very different - sounding income tax allowance increase backed by Nick Clegg's party.

How, when pensioners are suffering so grievously from minimal returns on their savings, can he justify scrapping age - related income tax allowances, leaving 4.41 million an average of # 83 worse off next year?

The Lib Dems prefer their own plan, wrested from the Conservatives as part of the coalition agreement, of raising the personal income tax allowance across the board.

Chancellor expected to announce # 10,000 income tax allowance as he casts himself as champion of hard workers

A married father of two on a salary of # 55,000 whose wife does not work: Taking into account income tax allowances and the increase in national insurance contributions this man would be # 593 worse off.

The rise in income tax allowances — the biggest single achievement for the Lib Dems in the coalition — is a good start.

«To help working families on low incomes, I am increasing the basic personal income tax allowance to within sniffing distance of # 10,000 pounds a year.

The decision by FERC to no longer allow MLPs to recover an income tax allowance from cost - of - service tariffs came in response to a 2016 court ruling that found its long - standing tax policy could result in double recovery of costs.

In making its decision to disallow MLPs from collecting an income tax allowance (essentially, for assumed taxes paid by the underlying MLP holders), the FERC reversed a multi-decade precedent.

According to the Treasury, therefore, employees should be happy because the income tax allowance is helping them.

Raising the personal income tax allowance will be a key Lib Dem demand in any coalition talks after the 2015 election, the party says.

Raising the personal income tax allowance will be a key Lib Dem demand in any coalition talks after the 2015 election, the party has said.

Raising the personal income tax allowance to # 12,500 will be a key Lib Dem demand in any coalition talks after the 2015 election, the party has said.

Conference welcomes the Liberal Democrat policies secured in the June Emergency Budget, including: a) The # 1,000 increase in the Income Tax allowance, freeing 880,000 low paid workers from Income Tax altogether.

To give some under - reported examples of his recklessness: Raising the income tax allowance threshold to # 10,000 combined with slow wage growth has seen income tax receipts plummet by billions.

In 2005 Michael Howard considered a boost in the income tax allowance for the Conservative manifesto.

Increasing the income tax allowance is a society - wide tax cut, with most of the proceeds going to the better - off.

This time round, the centrepiece of the Lib Dem manifesto is a radical # 17bn tax cut in the form of increasing the income tax allowance.