Cutting tax on hardworking families

Today, campaigning around the country, Prime Minister Rishi Sunak will announce a £1,500 tax cut for 700,000 hardworking families. 


  • Building on the bold action we have taken to reform the childcare system, we are announcing a clear plan to increase the threshold for families that pay the Child Benefit Tax Charge from £60,000 to £120,000.
  • We will also make the system fairer by moving to a household system, rather than means testing individuals – a move that will directly support single parent households and close the unfair Child Benefit loophole that punishes middle income parents.
  • Our clear plan will cut taxes for 700,000 families by an average of £1,500. 

Comments

Jim said…
Regardless of the Richi stuff leaving the D Day commemorations that is so rife at the moment. Ok

But why if increasing the child benefit limit from 60- 120k per year, and why if by moving to a household system is so much "fairer" then for the love of God, why in 14 years of government have the conservatives not done it already?
6:48 pm
Jim said…
I guess the "why havent you already done it?" question is always going to be an issue for any party who have been in power for over a decade, but its a very very fair one isnt it.
9:18 am
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