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Politics

Does anyone know the detail on the £10,000 tax free allowance

27 replies

fembear · 12/05/2010 22:48

Does anyone know the detail on the proposed £10,000 tax free allowance? Everyone is saying that taking the lowest-paid out of taxation is a good thing but what is happening about NI? Will they raise the LEL too, which means that some may not get their stamp for the year, or will they keep the LEL low and raise the ET to £10,000?

OP posts:
gaelicsheep · 12/05/2010 23:02

I don't think NI is affected, but it's still a good thing!

IMoveTheStars · 12/05/2010 23:00

No idea, but very interested to know the answer, so jumping on your thread.