Saturday 8 December 2012

Families’ Pensions Information

Parliamentary Year book Online: Got an elderly relative with a large house and  a low income?  Mr Cameron wants your inheritance.  From 1st April, 100% council tax benefit will end.  If the householder can't pay, there'll be a Charge put on the property, repayable before anyone named in the Will.


Parliamentary Year book Online: Why doesn't the government just put 1p on income tax and have done with it. Instead it drags thousands more aspiring middle income families into the 40p tax band by having actually lowered this band by 8 pct in the last 2 years or around 13 pct in real terms if you take into account inflation. Once in this band income tax increases not by 1p but by a staggering 20p in the £ on the amount of any subsequent salary increases. It's not as though the 40p band only hits the 'rich'. Anybody on a fairly average white collar salary is already well into this band. The rate at which the 40p tax band now kicks in is now a scandal.


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