For immediate release
Responding to the mini-budget, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“Taxpayers will be delighted with a budget that eases the burden on their bottom lines and promises a growth game-changer.
“With cuts to income tax and stamp duty, the cancellation of the corporation tax and national insurance rises, and the freeze to alcohol duties, households and businesses will welcome the most taxpayer-friendly budget in recent memory.
“But to end the cost of government crisis, the Treasury now needs to get serious on spending and ensure borrowing doesn’t weigh down generations to come.”
Responding to the cut to the basic rate of income tax, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“A cut in the basic rate of income tax is something we have long campaigned for and will be welcomed by one and all.
“Putting cash back in the pockets of working taxpayers is a boon to household finances and will help the push for economic growth.
“Now it’s been brought forward, the chancellor should look to double the cut at the next budget.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Investigations Campaign Manager, TaxPayers' Alliance
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
TaxPayers' Alliance's advisory council.
- The TaxPayers' Alliance has previously called for the income tax cut to be brought forward.