New Report and Parliamentary Launch
Tax and the Family together with the charity CARE are releasing a new report on the taxation of families on 30th March. The tax burden is increasing to a level not seen since the 1950s, energy prices are rocketing, inflation is rising, family budgets are coming under extreme strain.
Income tax accounts for 26% of all tax revenue, and National Insurance Contributions (NICs) and the Health and Social Care Levy, which are also taxes on income, a further 18%. These three taxes on income account for almost half of total taxation. It has never been more necessary that the income tax burden should be shared fairly.
Miriam Cates MP is hosting a Parliamentary launch which non parliamentarians can attend online.