Fabian Society's Tim Horton has letters in The Guardian and The Telegraph pointing to just one of the glaringly obvious flaws in Phillip Hammond's rather back of the envelope claim that 4 million people will now be liable for inheritance tax, put out by the shadow Treasury Secretary during the holiday period. The Conservative plan to cut inheritance tax is no more than a billion-pound gi...

The Conservative Party's clearest statement on Labour's plan to impose a 45p income tax band on those earning over £150,000 was made by our Number 2 Treasury spokesman, Philip Hammond. This is what he said (as recorded by Coffee House):“Clearly...

Asked what the Prime Minister s position was on a windfall tax, the PMS said that there had been stories in the press this morning. It went without saying that tax was a matter for the Chancellor and the Treasury. The Treasury always received a whole range of representations about proposals relating to tax and of course the Chancellor and the Treasury would consider any such representations in the...

Obama’s tax plan is receiving much praise from some elements of the Tory blogosphere. Promising tax cuts for everything and everyone is certainly a very attractive position, and I can see why so many ObamaCons are attracted to it; but does the claim really stand up to scrutiny? Firstly, if you look at Obama’s promise of tax cuts for 95% of Americans and then look at the billions of dollars

The Treasury has admitted inaccurately calculating how much Conservative council tax policies would cost after a false figure was used by Labour to attack the party.

Further to my earlier post (briefed by a member of the Leader's office) this statement has just been released by a spokesman for the Tory Treasury team: "People should be clear that the promise we made on inheritance tax is...

The government's plan to tax the top earners is clearly intended to wrong-foot the Tory opposition. Instead, we need a serious, clear discussion about what broadly based tax increases should look like

Figures released yesterday to Parliament reveal that the Conservatives plan billions of pounds worth of tax cuts for the wealthiest few in Britain. On the same day that David Cameron spoke on inequality at the launch of a Tory think tank, newly released figures showed Tory plans for a marriage tax allowance would give the highest earners 13 times as much as people on lower incomes - and many coupl...

Liam Byrne MP, Labour's Chief Secretary to the Treasury, responding to George Osborne's plans to cut tax credits for middle earners today said: "George Osborne or his deputy are either deceiving us on axing middle-earners' tax credits - or they're each pursuing completely different policies. "Philip Hammond has promised to save £400 million from cutting back tax credits. ...

A commitment to bringing forward a paper to look at mechanisms for changing the corporation tax rate in NI is contained in the Tory manifesto.