Reported 6 months ago
Rishi Sunak's Conservative Party in the UK has announced a plan to increase the threshold at which parents lose child-care benefits, potentially saving 700,000 families an average of £1,500 by raising the High Income Child Tax Charge threshold to £120,000. The party aims to fund this through a tax avoidance crackdown. Despite a series of policy announcements and tax cuts, the Conservatives continue to lag behind Labour in opinion polls, with four weeks to go until the election. Both parties have faced scrutiny over their tax policies, with analysis suggesting that neither side's promises may be sustainable post-election.
Source: YAHOO