Embargoed until Wednesday 15th November at 00:01 Chancellor would be wrong to increase ‘tax on responsibility’ Insurance premium tax (IPT) has already doubled in two years, from 6 per cent to 12 per cent. This cost will be paid by those consumers who are doing the responsible thingby buying insurance. The chancellor is... Read more...
Embargoed until Tuesday 14th November at 00:01 Beer duty hike would hit industry investment The beer industry in the UK has invested billions more since the beer duty escalator was scrapped in 2013. Investment in 2016 was £1.96 billion, which is £800 million more than in 2013. 2013 was the year when the... Read more...
For immediate release New TPA research reveals that nearly half of all home purchases to be hit by the 5% rate of Stamp Duty by 2022 New TaxPayers' Alliance research shows that 48 per cent of residential property transactions will be subject to a rate of Stamp Duty of 5 per... Read more...
Embargoed until Saturday 4th November at 00:01 Beer duty hike would cause thousands of job losses The beer industry provides nearly 900,000 jobs to the UK. It also contributes £23bn annually to the UK economy. The sector employs high numbers of young people and those in regions with relatively high levels of unemployment. Beer accounts for 70... Read more...
Is this email not displaying correctly? View it in your browser. Embargoed until Thursday 2nd November 00:01 The government would be wrong to use low interest rates to borrow and spend more A new paper by the TaxPayers' Alliance sets out the economic landscape in which the Bank... Read more...
Embargoed until Wednesday 1st November 00:01 Revealed: the £230 million bill for public health schemes New research with local data shows that many public health programmes are not measured by whether they are cost effective, or even if they work at all. In 2015-16, public health authorities in the UK spent an extraordinary £230... Read more...
New research by the TaxPayers' Alliance reveals that councils are paying their staff millions more than they should be in mileage allowance payments.Employees who use their own vehicles for business journeys are often reimbursed with mileage allowance payments by their employers to cover the cost of using the vehicle. HMRC sets an approved... Read more...
New TaxPayers' Alliance policy paper says that we shouldn’t give hand-outs to students and graduates, we should help all young people by taking less of their money The chancellor is reported to be examining ways to tackle 'intergenerational unfairness' at next month's budget - cutting their taxes is the best way to do that... Read more...
PRESS RELEASE - EMBARGOED FOR 12:01AM SUNDAY 15/10/2017 WHY THE COST OF LIVING IS SO HIGH Government intervention making people poorer High taxes, regulation and government intervention are making us all poorer. That is the damning conclusion of a new report released by the TaxPayers’ Alliance on the cost of... Read more...
Responding to the Chancellor’s speech at Conservative Party Conference, John O’Connell, Chief Executive of the TaxPayers’ Alliance, said: “The Chancellor was right to speak about the advantages of a low-tax, free market economy, but now he should follow up by cutting taxes for families and businesses across Britain. “Whilst some savings... Read more...
TPA responds to Prime Minister's Speech Responding to the Prime Minister’s speech at Conservative Party Conference, John O’Connell, Chief Executive of the TaxPayers’ Alliance, said: “The Prime Minister’s speech today was full of praise for free markets and innovation, but we need real policies to back up the rhetoric. Despite claiming... Read more...
Responding to Jeremy Corbyn’s proposal to introduce rent controls, John O'Connell, Chief Executive of the TaxPayers' Alliance said:“Jeremy Corbyn’s speech was littered with fatuous platitudes and the repetition of ruinous spending pledges, with taxpayers footing the bill. "The only substantial policy proposal - to impose rent controls - has been proven time and time... Read more...