Tax

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New public sector finance figures published today (Wednesday) by the Office for National Statistics, show that public spending cuts are a failed strategy for reducing the deficit, says the TUC. TUC General Secretary Frances O’Grady said: “The Chancellor is in danger of repeating the mistakes of the last parliament with...
21 October 2015
22 May 2015 Commenting on the publication today (Friday) by the Office for National Statistics of the latest public sector borrowing figures, which show that the updated deficit for 2014/15 of £87.7bn was £50bn larger than planned in 2010 because of the failure of the Chancellor’s economic strategy, TUC General...
22 May 2015
The publication today (Tuesday) of analysis by the Institute for Fiscal Studies (IFS) of tax and benefit proposals by the main parties shows how severe and painful the impacts will be of extreme Conservative cuts for low-paid families with children, says the TUC. TUC General Secretary Frances O’Grady said: “The...
28 April 2015
Commenting on the publication today (Thursday) by the Office for National Statistics of the latest public sector borrowing figures, which show that the deficit for 2014/15 of £87.3bn is £50bn larger than planned in 2010 because of the failure of the Chancellor’s economic strategy, TUC General Secretary Frances O’Grady said:...
23 April 2015
16 April 2015 New TUC-commissioned analysis published today (Thursday) of tax policies in the Conservative Party manifesto shows that the party has chosen to prioritise unfunded tax giveaways to the wealthy over support for the low-paid and middle earners. It shows that the big winners from unfunded tax cut proposals...
16 April 2015
Commenting on the publication today (Friday) by the Office for National Statistics of the latest public sector borrowing figures, which suggest the deficit will be nearly three times larger than the Chancellor’s original target for this year, TUC General Secretary Frances O’Grady said: “With gobsmacking audacity, the Chancellor claimed this...
20 March 2015
The TUC’s Budget statement published today (Sunday) warns that George Osborne’s proposals for a new round of austerity after the election, even more extreme than the last, will set growth back years. TUC General Secretary, Frances O’Grady said: “George Osborne has given us failure on growth, failure on wages, and...
15 March 2015
A new report published today (Friday) by the TUC, The living standards tax gap: a future risk to the public finances, has found that if wages undershoot expectations during the next parliament to the same extent as they have since 2010, the government will face a further £44bn black hole...
13 March 2015
The government is collecting £17bn less than forecast in income tax because of the lack of earnings growth in the UK, according to new analysis published today (Friday) by the TUC. If earnings growth had been in line with the forecast made in June 2010 by the Office for Budgetary...
28 November 2014
The Treasury’s breakdown of how tax revenue is spent by government is a political stunt, the costs of which should be repaid to taxpayers, says the TUC. The tax breakdown given in tax statements has been criticised by the Institute for Fiscal Studies for labelling a quarter of all spending...
04 November 2014

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