New evidence shows Chancellor broke promise over age related tax allowances

Britain’s biggest pensioner organisation, the National Pensioners Convention (NPC) has accused the chancellor of breaking a promise over his decision in last week’s Budget to freeze the age related tax allowances from next April. In the Budget Red Book from March 2011, item 1.128 on page 35 states:
For the duration of this Parliament, the annual increases in the employers NICs, and the age related allowance and other thresholds for older people, will be over-indexed compared to the CPI, and will increase by the equivalent of the RPI.”
Dot Gibson, NPC general secretary said: “Clearly George Osborne is guilty of
double-dealing when it comes to the age related tax allowances. He said one
thing last year – and 12 months later he has completely ripped the whole thing
up. No wonder pensioners are saying they can’t trust the government. We launched
an online petition on Friday with just 19 signatures calling on the government
to reverse its freeze on the age related tax allowances – and now it has over
30,000 names.”
“The chancellor seems to have underestimated the impact of this
proposal – because it has been seen by many as the last straw that comes on top
of cuts to the winter fuel allowance, changes to pensions, reductions in care
services and rising costs of living. We intend to get 100,000 signatures on the
petition and organise a lobby of parliament on the day it’s debated. I hope the
chancellor will read the Red Book from last year’s Budget and decide he’s made a
mistake. If not, we’ll show him the error of his ways.”
ENDS
Posted in Press Releases