So it is fair to focus this additional support on basic rate taxpayers only.
His bank predicted last week that the basic rate would remain unchanged for the rest of 2004.
Why not raise the income-tax threshold, in particular, rather than tinkering with the bands and basic rate?
But to the recipient the dividend arrives as if it has already had basic rate income tax paid.
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Under Cameron, basic rate tax payers would no longer have to pay tax on the interest from their savings.
Conservatives will recall that when in power they had a long-running commitment to cut the basic rate to 20p.
The Charities Aid Foundation (CAF) says the fall in the basic rate will reduce the amount of gift aid charities can claim on donations.
It would cut class sizes, provide more teachers and scrap students' tuition fees by putting a penny on the basic rate of income tax.
But because the profit has been taxed already at the company level those dividends are now received tax free by basic rate income tax payers.
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Labour said the current 50% limit on tax relief on pensions for the highest earners should be brought into line with the 20% level for basic rate taxpayers.
He may have cut 1p off the basic rate of Income Tax, but overall Labour have increased taxes by the equivalent of 8p in the Pound.
The Gift Aid scheme is for gifts of money by individuals who pay UK tax, and allows the charity to reclaim the basic rate tax on the donation.
That said, the latest change by the chancellor would see some higher rate taxpayers gaining more than basic rate taxpayers, according to Patricia Mock, of accountancy firm Deloitte.
The Lib Dems, who want to lower the basic rate of income tax, said the plans would only result in a marginal saving for people on average incomes.
It had already committed itself to cutting 4 pence off the basic rate of income tax to be paid for by taxing the rich and clamping down on avoidance scams.
But the dividends are received by investors as if they have already paid basic rate income tax (the corporation tax rate is about the same as the basic income tax rate).
It retains the benefit of a simpler tax system and it also allows basic rate taxpayers to see the benefits as soon as possible, and for the whole of this financial year.
In the Budget last year, my Right Honourable Friend introduced just two rates of tax with the basic rate cut from 22 pence to 20 pence - the lowest rate for 75 years.
Mr Campbell, a former mayor of Vancouver, wants to stimulate the economy by cutting the province's basic rate of income tax to the lowest in Canada, easing regulation of business, and relaxing employment law.
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Scotrail taxed your pension at basic rate, which seems fine given the two other pensions, and the RAF would have a code reduction for the state pension being received, and also a reduction for any other taxable income.
The top MTR on long-term capital gains will jump by two-thirds from 15 percent this year to 25 percent next year a combination of a 20 percent basic rate, 1.2 percent from Pease, and 3.8 percent from the healthcare tax.
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But it is unclear how the plan would be administered, how many would qualify, or whether or not it will be limited to basic rate tax payers to ensure it is not criticised for funding those who can more easily meet their childcare costs.
The Lib Dems have also ditched any policies that might put off potential supporters, such as raising the basic rate of income tax, and they have stopped banging on about things that do not stir the popular imagination, such as proportional representation.
But my proposal for this year will not only help those on low incomes who lost out, but also does more to help all basic rate taxpaying families at a time when oil and food prices have been rising in every part of the world.
The manifesto confirms its ambitions on tax: for a lower 10p starting rate of income tax, for a cut from 8% to 5% in value-added tax on fuel, and for no increase in the 23p basic rate nor the 40p higher rate of income tax.
There are probably two budgets left before the next general election: two one-penny cuts in the basic rate of income tax would allow Mr Brown to go into the election promising a rate of 20p in the pound if Labour is re-elected and dare the Tories to reverse it.
The conference also urged the executive to support the Liberal Democrat policy to add a penny onto the basic rate of income tax, provide teaching facilities in Gaelic and other minority languages where there is demand, and ensure that class sizes are reduced across the whole age range of pupils.
And with Nationalist expectations that they would win far more seats than they did having been dashed, Mr Salmond is already having to deal with internal criticism of the campaign he ran, especially the decision to promise to raise the basic rate of income tax by 1p in the pound.
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The report points out that the vast majority (85%) of tax revenues already come from people in the top half of the distribution, but if the government wants to raise more from them, raising the basic rate of income tax for the first time in 40 years would be a decent place to start.
Look, say the pundits, at the net effect of his new lower income-tax band (starting next month), the cut in the basic rate of income tax from 23% to 22%, the changes to national insurance, the abolition of the married couples' tax allowance and the mortgage-interest allowance (all starting a year from now), the new child tax credit (from 2001), etc.
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