Ten Per Cent. Tax Rate
EDM number 1052 in 2007-08, proposed by Katy Clark on 26/02/2008.
Categorised under the topics of Incomes and poverty and Taxation.
That this House notes that the 10 per cent. starting rate of income tax on earned income will be abolished on 5th April 2008; further notes the report by Community Links, the Low Incomes Tax Reform Group and the Child Poverty Action Group entitled Interact: benefits, tax credits and moving into work, which was published in December 2007; further notes that the authors of this report believe that some people on low income will pay more tax as a result of the abolition of the 10 per cent. starting rates; and calls upon the Government to make changes to the tax regime to ensure that those on low incomes pay less tax.
This motion has been signed by a total of 79 MPs, 2 of these signatures have been withdrawn.
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