Budget could leave vulnerable people worse off, warns CAB

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Budget could leave vulnerable people worse off, warns CAB

Wed 23rd Jun 2010

Although the chancellor tried to protect the most vulnerable people in this week's Budget, he has not targeted measures as well as he might have.

This is according to Teresa Perchard, director of policy at the Citizens Advice Bureau, who described the Budget as a "missed opportunity" and claimed that many people in low-paid work will be worse off.

"Single people and couples who are working but earning less than £10,000 a year and with no children will gain very little from the increased tax threshold, because an increase in their income will lead to a lowering of their housing benefit and council tax benefit," she explained.

Ms Perchard noted that low earners will also suffer because of the planned VAT rise.

Speaking yesterday (June 22nd), Mark Wallace, campaign director for the TaxPayers' Alliance, welcomed government plans to increase the income tax threshold by £1,000 next year, but said more needs to be done.

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