Press releases

TaxPayers' Alliance calls for stamp duty to be abolished to improve housing market

Following the report by the LSE (covered in the Daily Telegraph this morning) that stamp duty is a negative burden on the UK economy, TaxPayers' Alliance Chief Executive John O'Connell said: "This pernicious tax prevents younger people from getting on the housing ladder, and stops older people downsizing to more manageable homes. This hurts people at every stage... Read more...

BBC is right to publish salaries of its biggest stars

Following the publication of salaries of those earning over £150,000 in the BBC's accounts, John O'Connell, Chief Executive of the TaxPayers' Alliance: "Licence fee payers deserve to know how their money is being spent, so it is right that the BBC have finally published the salaries of some of their... Read more...

Chancellor right to offer caution on public sector pay

Following Philip Hammond's warning that the government must hold its nerve on public sector pay, John O'Connell, Chief Executive of the TaxPayers' Alliance, said: "The chancellor is right to offer caution on public sector pay and to say that we need a grown-up debate about spending. The nation's public finances are still... Read more...

Government must not abandon prudence with public sector pay

Following from the government's announcement that they will review the public sector pay cap ahead of the Autumn Budget, John O'Connell, Chief Executive of the TaxPayers' Alliance, said: "It would be a grave error for the government to completely abandon prudence with public sector pay when the nation’s finances are in such a... Read more...

Conservative-DUP deal will give taxpayers little confidence that their money is being well spent

Following the government's announcement that they have agreed a "Confidence & Supply Agreement" with the Democratic Unionist Party, Alex Wild, Research Director at the TaxPayers' Alliance, said:  "Taxpayers resent politicians cooking up deals behind closed doors that invariably end with their cash being thrown wherever is politically advantageous rather than where it could... Read more...

TaxPayers' Alliance reacts to the SNP manifesto

Responding to the SNP manifesto, John O'Connell, Chief Executive of the TaxPayers' Alliance, said: "Anyone listening to Nicola Sturgeon today would be forgiven for thinking there was a magic money tree waiting to be shaken to fund this manifesto. Scotland's finances have been in a dire state because of its... Read more...

Labour's policies would mean misery for the many and employment for the few

Responding to Labour's manifesto, John O'Connell, Chief Executive of the TaxPayers' Alliance, said: This entire manifesto is based on the clearly absurd belief that businesses can be repeatedly hammered with massive tax increases and crippled with regulation without any wider impact on the economy, jobs and investment. If even a handful... Read more...

TPA says Labour's latest tax proposals as "delusional"

Responding to Labour's proposals for increased taxes on financial transactions, Alex Wild, Research Director of the TaxPayers' Alliance, said: "When politicians say things that sound too good to be true, invariably they are just that. The idea that vast sums can be raised simply by 'clamping down' on tax avoidance is... Read more...

TPA says 1970s-style agenda would be a disaster for the country

Reacting to Labour's leaked draft manifesto, John O'Connell, Chief Executive of the TaxPayers' Alliance, said:"This manifesto is a toxic mix of nationalisations, interventions and monumental tax hikes. A 1970s-style agenda would be a disaster for the country and the parties should instead be offering up policies that get the economy in shape to compete... Read more...

TPA reacts to the Conservatives' pledge to cap energy prices

Reacting to the Conservatives' proposal to cap energy prices, Alex Wild, Research Director of the TaxPayers' Alliance, said: "One of the Prime Minister’s first acts on moving in to Downing Street was signing up to the most expensive conventional power station anywhere in the world at Hinckley Point, so her new found... Read more...

TPA says there are "gaping holes" in Labour's tax plan

Key findings of analysis of Labour's tax proposals: VAT The VAT lock is specified as applying to the standard rate. It says nothing of exempt or zero-rated goods and services, for example insurance, foods, medicines, building supplies This would also leave room for increasing the 5 per cent rate on... Read more...