Workers should be allowed to earn £12,000 before paying income tax or National Insurance in new proposals put forward by the Centre for Policy Studies in what The Sun newspaper called “fresh tax reforms”.
“The purpose of these reforms”, says Tom Clougherty, CPS Head of Tax and author of the ‘Make Work Pay’ report, “is to ensure that whatever your circumstances, and whatever your earnings, work will always pay.”
You can read the full report in The Sun.
‘Make Work Pay’ is available to download from the Centre for Policy Studies website.
Date Added: Tuesday 6th November 2018