HMRC’s own ready-reckoner suggests a proposed U.K. tax cut would cost just under £20 billion, according to tax expert Dan Neidle, above Reform’s £17.7 billion estimate. The calculation assumes raising the threshold from £12,570 to £15,000, a 19.33% increase.
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HMRC’s own ready-reckoner suggests a proposed U.K. tax cut would cost just under £20 billion, according to tax expert Dan Neidle, above Reform’s £17.7 billion estimate. The calculation assumes raising the threshold from £12,570 to £15,000, a 19.33% increase.
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