Gordon Brown's promise that four in five households would be better off because of his budget was impossible to prove, leading accountants said yesterday. The missing information includes:
* The level of income at which basic-rate tax will become payable from 2008-10
* The level of salary above which NI is payable for that time
* Increases in personal allowances for people under the age of 65 from 2008-10
* When higher-rate tax becomes payable in 2008-09
* Details on who is able to claim working tax credits or child tax credits and how much
* Levels of inflation Treasury has assumed for its figures
* No commitment to provide this information in next week's Finance Bill, which will only cover tax changes in 2007-08
So basically Gordo can say whatever he wants and we can't prove or disprove it. Real Macavity at work.
A Budget Brainteaser
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