Tax cuts up to £15bn likely
TAX cuts for the poorest in society are expected to be unveiled in this month's Pre-Budget report.
The cuts are expected to total up to 15 billion and will see the 10p tax band rebate extended for another year.
With a looming recession, the government is keen to boost consumer confidence by leaving more in people's pockets.
Other moves could include increasing tax credits for low-income families and delaying a rise in petrol duty.
- Rangers run into the ground as furious HRMC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Rangers blame HMRC for driving club to brink of administration
- Six Nations: Steadman given notice as ruthless Robinson seeks to strengthen team
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Wednesday’s football news and gossip
- The Rumour Mill: Tuesday’s football news and gossip
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Wednesday 15 February 2012
Today
Sunny spells
Temperature: 5 C to 12 C
Wind Speed: 20 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 5 C to 11 C
Wind Speed: 21 mph
Wind direction: South west

