‘No-one earning a
living wage will pay tax on their earnings’ George Osborne, July 2015
New Tax Allowance - £11,000 / 12 = £916 pm. (£211 pw) = tax
free earnings.
But yet implement the new living wage of £7.20 ph x 37.5 hrs
= £270 pw (£54 to be taxed).
And then when it increases to £9.00 ph x 37.5 = £337.50 pw (which
leaves £126.50 taxable).
Sorry George but you need to go back and look at your figures.
Oh, and Road Tax now to directly fund road renewal???
What the hell happened to all the money paid in before then?
‘A budget for working
people?’
Well, I’m self employed and thanks to your extremely
ill-thought out tax credit cuts, I will be working for £5k less a year now.
‘We’re all in it
together.’
Yeah, like fuck we are.
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