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Old 21st April 2008, 4:45pm   #3
supernothing
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Re: This 10p Tax thingmy

Quote:
Originally Posted by m0nkeymafia View Post

For the income range you specified, it will mean that those people will be paying 20% tax this year rather than the 22% they paid last year.
Both the Guardian and BBC websites state that single, childless people under 25 (those inelligible for tax credits) in the range I specified would be the 'main losers'. If they are going from 22% to 20% how is this the case?

http://www.guardian.co.uk/politics/2...economy.labour
http://news.bbc.co.uk/1/hi/business/7358688.stm
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