Budget 2015: Tax cut for middle class as 40p threshold set to be raised

George Osborne will reportedly give middle-class families a major tax cut in todays Budget - even as he slashes benefits for the poorest. Todays announcement is set to crack down on tax credits and housing benefit claimed by Britains neediest families as Iain Duncan Smith starts finding 12bn in we

lfare cuts. Despite reports

hell slash benefits spending in 3 years instead of 2, the measures will still hit some of Britains hardest-up. But one group will be better-off - people who earn close to the 42,385 threshold f

or paying 40% income tax. Its been reported the Chancellor will announce a major step towards lifting this limit to 5

0,000. Click here for live updates on Budget day Budget 2015: George Osborne will deliver his first Budget speech under the new Conservative GovernmentV

iew gallery Rises to just over 45,000 by 2019 which were already expected will now be brought forward, the Daily Telegraph reported. Top Tories spent an hour and 20 minutes being briefed on todays emergency statement before leaving for the 12.30pm announcement in the Commons. The Chancellor Tweeted a photo of himself making the finishing touches with the caption: Today I will present a Conservative Budget - a Budget that puts economic security first. George Osborne will pledge to secure Britains future today as he sets out his first Tory-only Budget. In his speech the Chancellor is set t

o say: The greatest mista

ke this country could make096期特码是什么 would be to think all our problems are solved. You only have to look at the crisis unfolding in Greece as I speak to realise that if a countrys not in control of its borrowing, the borrowing takes control of the country. Mr Osborne will promise to be bold in transforming education, bold in reforming welfare, bold in delivering infrastructure, bold in

building the Northern Powerhouse, bold in backing the aspirations of working people. It is a Budget that sets the way to secure Britains future, he will say.