NewsBot
22-Feb-24, 12:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Election Year Tax Cuts Are Sandwiched Between £20 Billion Of Tax Rises Already Implemented And £17 Billion Planned For After Polling Day
https://caithness-business.co.uk/image_cache/na22812_tn.jpg
Lower interest rates will slightly increase the Chancellor's fiscal headroom for election year tax cuts, but these will be sandwiched between far bigger past and future tax rises, according to new Resolution Foundation research published on Wednesday 21 February 2024. The Foundation's Spring Budget 2024 preview examines how the Office for Budget Responsibility might update its economic and fiscal outlook ahead of the Budget on 6 March, what this could mean for the size and shape of new tax cuts, and how these would fit into the government's wider tax and spend plans. [Read Full Article (https://caithness-business.co.uk/article/22812)]
Election Year Tax Cuts Are Sandwiched Between £20 Billion Of Tax Rises Already Implemented And £17 Billion Planned For After Polling Day
https://caithness-business.co.uk/image_cache/na22812_tn.jpg
Lower interest rates will slightly increase the Chancellor's fiscal headroom for election year tax cuts, but these will be sandwiched between far bigger past and future tax rises, according to new Resolution Foundation research published on Wednesday 21 February 2024. The Foundation's Spring Budget 2024 preview examines how the Office for Budget Responsibility might update its economic and fiscal outlook ahead of the Budget on 6 March, what this could mean for the size and shape of new tax cuts, and how these would fit into the government's wider tax and spend plans. [Read Full Article (https://caithness-business.co.uk/article/22812)]