Logo
DiS Needs You: Save our site »
  • Logo_home2
  • Records
  • In Depth
  • In Photos
  • Blog
  • Podcast
  • Search
  • Community
  • Records
  • In Depth
  • Blog
  • Community

THIS SITE HAS BEEN ARCHIVED AND CLOSED.

Please join the conversation over on our new forums »

If you really want to read this, try using The Internet Archive.

Boards

Music Social More…

Labour publish list of 24 Tory tax rises.

GayGuevara [Edit] [Delete] 10:11, 19 March '14

They are copied below. As Guido Fawkes mischievously notes, the high-profile 'bedroom tax' is not on there and takes that to be a tacit acceptance by Labour that it is therefore not a 'tax' at all.

Also, kudos to Labour for using the long-standing CG troll technique of posting something without expressing your own view on the matter - leaving it hanging to simply 'stir debate' without showing an opinion. Labour are not of course suggesting that they would repeal any/all of these tax increases.

The 24 Tory Tax Rises:

1. VAT increased – to 20 per cent from 2011
2. Income Tax age-related allowances frozen and eligibility restricted (“Granny Tax”) from 2013-14
3. Income Tax higher rate threshold cut to £42,475 in 2011-12
4. Higher Income Child Benefit Charge introduced 2013
5. National Insurance Contributions rates, limits and thresholds increased in line with CPI rather than RPI from 2012-13
6. Income Tax higher rate threshold frozen at £42,475 in 2012-13
7. Insurance premium tax increased – from 2011
8. Capital Gains Tax increased – to 28 per cent for higher rate taxpayers from June 2010
9. New Beer Duty introduced on high strength beers from 2011
10. Duty on hand-rolling tobacco increased by an additional 10 per cent from 2011-12
11. ISA subscription limit uprated in line with CPI rather than RPI from 2012-13
12. National Insurance Contributions changes to contracting-out rebates from 2012-13
13. Capital Gains Tax annual exempt amount frozen, 2012-13
14. Stamp Duty Land Tax increase to 7 per cent on properties over £2 million from 2012-13
15. VAT increases on a range of items, including caravans, sports drinks, and listed buildings from 2012
16. Duty on tobacco increased by RPI + 5 per cent in 2012
17. Income Tax higher rate threshold cut to £41,450 in 2013-14
18. Capital Gains Tax annual exempt amount increased in line with CPI rather than RPI from 2013-14
19. Income Tax cap on reliefs introduced from 2013-14
20. Pension tax relief restricted from 2014-15 21.
21. Income Tax higher rate threshold Increase capped at 1 per cent in 2014-15 and 2015-16
22. Capital Gains Tax annual exempt amount increase capped at 1 per cent, 2014-15 and 2015-16
23. Inheritance Tax threshold frozen in 2015-16
24. National Insurance Contributions ending of contracting-out rebates from 2016-17


Drowned in Sound
  • DROWNED IN SOUND
  • HOME
  • SITE MAP
  • NEWS
  • IN DEPTH
  • IN PHOTOS
  • RECORDS
  • RECOMMENDED RECORDS
  • ALBUMS OF THE YEAR
  • FESTIVAL COVERAGE
  • COMMUNITY
  • MUSIC FORUM
  • SOCIAL BOARD
  • REPORT ERRORS
  • CONTACT US
  • JOIN OUR MAILING LIST
  • FOLLOW DiS
  • GOOGLE+
  • FACEBOOK
  • TWITTER
  • SHUFFLER
  • TUMBLR
  • YOUTUBE
  • RSS FEED
  • RSS EMAIL SUBSCRIBE
  • MISC
  • TERM OF USE
  • PRIVACY
  • ADVERTISING
  • OUR WIKIPEDIA
© 2000-2025 DROWNED IN SOUND