William Ewart Gladstone1859
Raises a budget to pay for the war with China raising income tax from 5d to 9d
Great Britain · Government / Conservative Party Government. Chronological records rendered directly from the World History Database.
Raises a budget to pay for the war with China raising income tax from 5d to 9d
Churchill's budget combines the gold-standard announcement with reductions in the standard rate of income tax.
Due to a trade surplus 6d is taken off the standard rate of income tax
Cuts income tax, purchase tax & the price of beer & restores investment allowances
Cuts income tax, reduces subsidies, replaces industrial grants with tax incentives. Cuts income tax by 2 1/2 pence
Through a sleight of hand, the extra revenue Walters wished to raise was secured by freezing income tax thresholds
The 1983 Budget raises income-tax allowances by 14 percent and removes a substantial number of people from income-tax liability.
The 1985 Budget raises personal income-tax allowances by more than the prevailing rate of inflation.
The 1986 Budget cuts the basic rate of income tax by one percentage point as part of Lawson's continuing programme of personal tax reductions.
The 1987 Budget cuts two percentage points from the basic rate of income tax.
The 1988 Budget reduces the basic rate of income tax to 25 percent and establishes a single 40 percent higher rate.
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