Tag: tax credits

Making work pay!

Ask your MP to sign Early Day Motion 1407, calling for the personal allowance for Income Tax and NIC to be increased to £10,000.

http://edmi.parliament.uk/EDMi/EDMDetails.aspx?EDMID=35657&SESSION=891

Why the 10% starting rate had to go

People need to look at the tax system in the round before criticising individual aspects of it. What those who decry the removal of the 10% starting rate conveniently forget is that - due to the tax credit system - it is the wealthy, not the poor, who will lose most from it.


Frank Field compares apples to oranges for a headline

Frank Field today released a report press-released as "Frank Field MP: Government brutally discriminates against two-parent families", trying in part to make the case that tax credits favour lone parents too much.  This has been enthusiastically reported by the right-wing press. The problem is that he has, for his headline fact, made an incorrect (or at least grossly unfair) comparison.

Carbon tax, carbon benefit

The fairest "green tax" would be to significantly increase taxes on all fuel (including red diessel and aircraft fuel) and increase VAT on domestic power to 17.5% to whatever figure is needed to reflect the CO2 that they produce and damage to the environment etc (assuming that anybody knows what the true cost of this is - I certainly don't).

The government should then distribute the total receipts per capita to everybody in the UK as a Universal Benefit.


Why free childcare places for all 3 year olds is misleading

Working mothers thinking of having more children are under increasing pressure to find affordable childcare. At £31 a day and rising, you can see just how much it costs to put more than one child in daycare for more than one day a week. For two children in daycare, two days a week, you are looking at £600 plus.

The government offers five 2.5 hour session free for 33 weeks of the year. While a good start, it is just not enough to help mothers with more than one child a few years apart in age to return to work.

I examine exactly what type of job I would need to survive off the free childcare place.