For immediate release
Responding to the Office for National Statistics' (ONS) latest data showing CPI at 5.5 per cent in January, John O’Connell, chief executive of the TaxPayers' Alliance, said:
"Rising inflation could act as a stealth tax on unsuspecting taxpayers.
"With households facing a cost of living crisis, now is a terrible time for any tax rise, including freezing thresholds.
"Instead of adding to the pressure, ministers should implement targeted tax cuts to give taxpayers and businesses under the cosh some much-needed respite."
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
Danielle Boxall
Media Campaign Manager, TaxPayers' Alliance
[email protected]
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.