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Tuesday, April 25, 2017

Tax raid postponed as ministers rush through finance bill

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Snap general election forces ministers to ditch controversial plan to slash the tax-free dividend allowance in order to ensure safe passage of bill

A planned tax raid affecting more than two million people is one of several measures that have been dropped by the government as the general election draws near, it emerged today.

The decision to hold a snap election on 8 June means ministers are having to rush through legislation before parliament closes for business, and as a result ministers have effectively ditched the majority of the finance bill in a bid to ensure it gets through.

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April 25, 2017 at 10:17PM

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from Rupert Jones

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