The tax and benefit changes made by George Osborne pictured presenting his eighth Budget outside 11 Downing Street earlier this month have hit women six times harder than men, according to a fresh study published today.
Women will be hit more than six times harder than men by George Osborne's changes to welfare and tax, according to fresh analysis published today. A staggering 86 per cent of savings made by cuts to benefits and tax changes since will hit women, while just 14 per cent will have fallen on men between and The study finds that the Chancellor's flagship tax cut for middle class earners announced in his Budget earlier this month will overwhelmingly benefit men.
Labour said the analysis, conducted by the House of Commons library, accused the Government of failing to match their promises on gender equality.
Meanwhile Mr Osborne has been dealt a fresh blow after the independent budget watchdog found he was wrong to claim that the cut in the 50p tonihht cut - announced in his 'omnishambles' Budget - had raised extra funds for the taxpayer.Any Hot Woman Want To Give Me Daily Hjs African Oil Massage Sex Campton
But the Office for Budget Responsibility OBR has suggested that Bar hopping tonight in Hill City anyone private sex Fork South Carolina windfall was a one-off as higher earners had deferred their payments from the previous financial Carolinaa, leading to larger-than-expected revenue for the Treasury in Responding to research that indicates Mr Osborne's tax and benefit changes will have a disproportionate impact on women, shadow minister for women and Cagolina Kate Green said: Mr Osborne pictured in the House of Commons delivering his Budget earlier this month was also dealt a fresh Horney girls Fairbanks after the independent budget watchdog found he was wrong to claim that the cut in the 50p tax cut - announced in his 'omnishambles' Budget - had raised extra funds for the taxpayer.
A spokesperson for the Treasury sx But the OBR attributed much of the gains to high earners shifting money between tax years. In a footnote to its Economic and Fiscal Outlook For, last week, it said that 'taxpayers shifting income between years to take advantage of the lower 45p rate is likely to be a major factor driving this increase'.
Many high earners chose to defer their income until the financial year, ;rivate the top rate of tax was cut from 50p to 45p. City bonuses soared by 70 per cent in Aprilwhen the top rate of tax was cut, compared to the year before.
Jon Ashworth, Labour's shadow minister without portfolio, said: A Treasury spokesman said: Treasury sources said they had always expected some of the extra tax to be due Cjty deferred income.
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