Portillo – who announced the Conservatives’ u-turns over Bank of Englandindependence and the minimum wages – ignored the tax allowance during hisfirst performance at the despatch box in the Commons.
A Treasury questions session saw Tory spokesman Howard Flight denounce itfor costing employers £100 million to administer and for allowing claimsfrom families with incomes as high as £38,000.
Flight also accused chancellor Gordon Brown of ‘creative accounting’ byfailing to put the national accounts ‘on a reliable footing’ by treatingthe allowance as a tax cut instead of a social security spending increase.
The contrasting treatment of WFTC by the Opposition suggested its abolitionwould be high on their priority list.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said