10/11/2008
PM Hints At Tax Cuts
Number 10 has failed to quell speculation that a cut in taxation is being considered.
Prime Minister Gordon Brown has said he was looking "at everything" that could be done to help people through the downturn.
He told GMTV that tax changes were a matter for the pre-Budget report - which he said would be "in the next few days".
Mr Brown's comments came as Tory leader David Cameron prepares to signal the Tories are to announce plans for tax cuts to help keep people in work.
The Lib Dems have already said they would cut taxes for lower paid people.
Mr Brown said petrol duty had already been frozen and people were already getting £120 back in their income tax following the 10p tax row.
But, he added: "Of course we are going to look at everything but that's a matter for the Budget and the pre-Budget report.
"What I'm determined to do is get all countries around the world trying to get their economies moving again and one way you can do that is by putting more money into the economy by tax cuts or public spending rises but that's something we have go to look at in the next few weeks."
(BMcC)
Prime Minister Gordon Brown has said he was looking "at everything" that could be done to help people through the downturn.
He told GMTV that tax changes were a matter for the pre-Budget report - which he said would be "in the next few days".
Mr Brown's comments came as Tory leader David Cameron prepares to signal the Tories are to announce plans for tax cuts to help keep people in work.
The Lib Dems have already said they would cut taxes for lower paid people.
Mr Brown said petrol duty had already been frozen and people were already getting £120 back in their income tax following the 10p tax row.
But, he added: "Of course we are going to look at everything but that's a matter for the Budget and the pre-Budget report.
"What I'm determined to do is get all countries around the world trying to get their economies moving again and one way you can do that is by putting more money into the economy by tax cuts or public spending rises but that's something we have go to look at in the next few weeks."
(BMcC)
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More Fall Into Debt Following HMRC Overpayments
The number of issues reported to Citizens Advice of people falling into debt as a result of repaying overpaid tax credits increased by 14 per cent in the 2013/14 tax year. Tax Credit debts arise when HMRC over-estimates a person’s entitlement to financial support and ends up having to recoup overpayments.
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The number of issues reported to Citizens Advice of people falling into debt as a result of repaying overpaid tax credits increased by 14 per cent in the 2013/14 tax year. Tax Credit debts arise when HMRC over-estimates a person’s entitlement to financial support and ends up having to recoup overpayments.
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