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Follow on Google News | Millions Affected As Tax Changes Come Into Play – Direct Liaisons Takes A Look At The EffectsMillions Affected As Tax Changes Come Into Play – Direct Liaisons Takes A Look At The Effects
By: Direct Liaisons But the time couples with children will have to work to qualify for working tax credits will rise from 16 to 24 hours. Labour said it would "clobber" families but the government said there would be 15 times as many winners as losers. The beginning of the tax year on 6 April will see a significant number of changes to tax and benefits - affecting personal and family finances. Direct Liaisons sympathises for those that are on the losing end of these tax and benefit changes, a source comments further saying, ‘the government must view these decisions as a way to benefit the masses. The minority that does not benefit from these changes begs the questions - is it worth it? The answer to this question definitely depends on what side you are on.’ The opposition's own figures suggest 212,000 families earning less than £17,000 a year will lose their working tax credits if they cannot increase their total hours to 24 a week while 850,000 households will lose their child tax credit as a result in a reduction in the income limit for one-child families. Shadow chancellor Ed Balls said: "There do need to be tough decisions on tax, spending and pay," Mr Balls added. "But why are people earning £150,000 soon to get a £3bn tax cut from this out-of-touch government while parents on middle and modest incomes are being clobbered?" The government says 24 million people will be £6.50 a week better off from Friday, something Mr Alexander described as "a fair position which encourages and incentivises work". Ministers also point to the fact that the basic state pension is to rise by £5.30 to £107.45 a week later this month. The Managing Director of Direct Liaisons puts forward a point saying, ‘not everyone likes change and certain decisions are made for the greater good. The intentions behind certain changes and decisions is what has to be taken into account.’ # # # Direct Liaisons was established to deliver high value sales and marketing services for some of the worlds largest recognizable clients directly and effectively. By specializing in outsource sales and marketing we have generated an influx of clients. End
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