Minister says Tories will pay for pensions policy by clamping down on tax avoidance

Mel Stride says pensioners will pay more income tax under Labour as critics say plan is merely reversal of previous Tory policyUK politics live – latest updatesThe work and pensions secretary has said Labour will drag millions of older people into paying income tax while the Conservatives can “comfortably” raise the money for their proposed cuts for pensioners by clamping down on tax avoidance.Under the Conservatives’ “triple lock plus” proposal , “millions of pensioners will get tax cuts worth hundreds of pounds over the next parliament”, Mel Stride told BBC Radio 4’s Today programme. Continue reading...

May 28, 2024 - 16:30
 0  2
Minister says Tories will pay for pensions policy by clamping down on tax avoidance

Mel Stride says pensioners will pay more income tax under Labour as critics say plan is merely reversal of previous Tory policy

The work and pensions secretary has said Labour will drag millions of older people into paying income tax while the Conservatives can “comfortably” raise the money for their proposed cuts for pensioners by clamping down on tax avoidance.

Under the Conservatives’ “triple lock plus” proposal , “millions of pensioners will get tax cuts worth hundreds of pounds over the next parliament”, Mel Stride told BBC Radio 4’s Today programme. Continue reading...

usnews US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.