It is hard to believe that it has been five years since Gordon Brown announced the abolition of the 10p rate band, and I am as surprised that it has taken until now for someone to suggest reintroducing it.
At Conservative Home, Robert Halfon MP argues;
Restoring a 10p rate of income tax, between £9,205 and £12,000, would cost around £6 billion a year according to the House of Commons Library. This is significantly cheaper than raising the personal allowance to £12,500 (which could cost as much as £14.4 billion). It also has the advantage that it would benefit all workers,
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Yes, just as late as has been the habit recently, here’s your heads up for events in the upper chamber this week… anyone would think that I didn’t have a day of my own…














