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Popular Budget 2014 Requests: Costed

POPULAR BUDGET 2014 REQUESTS: COSTED With Budget 2014 just around the corner, the airwaves and newspapers are awash with wishlists for George Osborne. We at Policy Exchange decided to take a look at some of the most popular requests and see how much they would cost the Exchequer. Increase NI threshold for Abolish stamp duty on shares Raise higher rate income tax threshold to £44,000 allowance to £10,500 Raise personal Freeze fuel employers to £192 a week duty 013 £2.8bn £1.5bn A025 A094 1.13 £5.4bn £1.0bn £710m 061 -1. 29 (minimum) (2015/16) 1. 66 1. 66 11 Freeze air passenger duty Freeze business Bring forward 20% corporation tax Freeze carbon Reduce bingo duty to 15% rates price floor 6ARE Cst 4 26 42 49 70 67 £450m £150m £50m 12 £20m 65 2. 5 22 38 46 77 25 35 53 p.a. (2015/16) Policy Exchange All costs are for the 2014/15 finandal year, unless otherwise stated. 10

Popular Budget 2014 Requests: Costed

shared by policyexchange on Mar 14
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With Budget 2014 just around the corner, the airwaves and newspapers are awash with wishlists for George Osborne. We at Policy Exchange decided to take a look at some of the most popular requests and ...

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