04-12-2009, 21:45
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#17
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Senior Member+
Join Date: Mar 2006
Posts: 1,125
Liked: 14 times
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Re: Anyone seen this?
Labour introduced MIRAS. The Tories phased it out before Gordon Brown finished it off. The allowance was £30,000 but it was phased out in the early 90s in £5000 increments IIRC. It was frustrating to see the older generation get to double up his n hers before Lawson ended it with one allowance only per property.
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