Autumn Statement: family tax bombshell over new black hole
Publié
par
Clifford Armion
le 12/07/2012
Activer le mode zenJames Kirkup and Rowena Mason
The Institute for Fiscal Studies said that more spending cuts and up to £7 billion of tax rises were inevitable after 2015, warning that pension funds and benefits for older people are vulnerable.The IFS, the main analyst of the Government’s finances, issued its alert a day after George Osborne launched a £2 billion tax raid on pensions in his Autumn Statement.
The Chancellor has extended the Government’s austerity programme to 2018 and moved to push 1 million more people over the higher-rate tax threshold. He has announced more real-terms cuts in benefits and reductions in the value of maternity pay, leading to claims from Labour of an unfair “mummy tax”.
Read on...
Pour citer cette ressource :
"Autumn Statement: family tax bombshell over new black hole", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juillet 2012. Consulté le 07/09/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/autumn-statement-family-tax-bombshell-over-new-black-hole