So, Gordon Brown (texture like sun) has lowered the base rate of tax from 22% to 20%. That's pretty impressive, I'm sure we all agree.
But what seems to have been sidestepped is that he is also abolishing the 10p tax rate on the first £2150 above the personal allowance - it will be a 20% rate across the board. Simpler, anyway, but this will mean that not everyone will make the grand savings that Flash seemed to imply. For me, at least, I will be saving about £40.
I'll put it towards my council tax increases.
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5 comments:
Surely it's Cash Gordon?
Mmm, yup, but it's only decreasing one thing, as you say, you'll pay extra on your council tax now :[]
I'm glad it's not just me that thinks of that song whenever I hear our esteemed chancellor's name.
Never a frown, with Gordon Brown. Not.
I did not think of that before Ha Ha Ha!
I have Johnny Vaughn to blame for that. When he presented Big Breakfast he used to sing it every time Gordon Brown's name was mentioned. Now every time I hear it, I have to sing that song.
Bastard.
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