Watching on TV, Darling kept failing to answer the question "What about the 1.1 million poorest who will STILL be over a £100 worse off". Just kept pluffering about "average" better off. Shocking - but poor guy is only paying for His Master's mistakes.
from the same article, they are borrowing more to fund this move. If that is the case, why not simply reinstate the 10% band and keep the 20% as the next band up? The first £60 of the £120 is being paid in September, so who gets to keep the interest on the £60 in the meantime (peanuts I know, but still).
This allowance adjustment, by their own admission, doesnt help everyone (about 20% of the people affected arent fully compensated) whilst some people are over compensated.
Just more of a muddle now than it was before it seems to me. Designed to sound good ("here have £120") rather than being a concrete solution perhaps?
When you used the title "Backtracks on the 10p tax rate" for this posting you were very right. But backtracking is something that no politician likes to do and so will try to put a gloss the situation at all costs.
and do not forget that the winter fuel allowance in not per person, in the case of a married couple they get half each.Also nothing has been done for the over 65's re the abolition of the 10pence rate, many are still going to be worse off