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More and more people on "relatively modest salaries" are being dragged into becoming higher-rate taxpayers, Budget analysis suggests.
The number of higher rate taxpayers, who pay a chunk of their income at the 40% tax level, could rise from 3.7m last year to 5m by 2014.
The Institute for Fiscal Studies (IFS) made the prediction after studying changes to tax levels in the Budget.
However, lower-income families will benefit from the changes.
In the Budget, the government also decided to end age-related tax allowances for pensioners.
The IFS said that move will cause pensioners to lose 0.25% of their income in 2014.
'Millionaires pay less'
Shadow chancellor Ed Balls criticised the changes to pension allowances.
"The fact is the normal increase in the state pension just keeps up with inflation, but cuts to personal allowances in the Budget will mean 4.4 million pensioners are worse off in real terms," he said.
"It's now even clearer that this was a Budget that asked millions to pay more so millionaires could pay less."
But Chancellor George Osborne told the BBC that no pensioner would be worse off in cash terms, including the "largest increase in the state pension" next month.
"The net changes made by this government, including introducing this triple lock, mean that pensioners are better off."
The tax-free chunk of income, known as the personal allowance, is rising for the under-65s to �9,205 in April 2013.
The IFS said this would cost the Treasury an estimated �3.5bn, and would mean 675,000 fewer people would pay income tax.
From 6 April, people earning taxable incomes of up to �34,370 will pay 20% in tax and people earning between �34,371 and �150,000 are taxed at 40%.
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Key words :Audit Department of Henan Song Jihui public expenditure Abstract ,media reports that Song Qingling Henan province Fund (hereinafter referred to as the song of Henan Foundation ) in the operation process of mysteries ,sac longchamp pas cher,reported Henan song foundation in Zheng Dong New District a commonweal project 80% morph house ;donations by large shareholdings of the company employees management .
. September 1st ,media reports that Song Qingling Henan province Fund (hereinafter referred to as the song of Henan Foundation ) in the operation process of mysteries ,reported Henan song foundation in Zheng Dong New District a commonweal project 80% morph mansion ;charity by the staff of large shareholdings of the company management ;large amounts of funds for lending and there exist many problems .
According to media reports song foundation problems ,by the Henan provincial Party Committee United Front work ,health ,lead ,moncler,the provincial civil affairs ,audit and other departments of above of deputy hall level officials involved, has set up a joint investigation ,the investigation .
Henan song Foundation says ,the findings published before ,no longer the media response and interpretation .Recently,abercrombie, some sources said,piumini moncler, Henan song base will cause the National Audit Office ,and began to conduct auditing .
Audit content involves three aspects : Zhengzhou Eastern Henan province Song Qingling Foundation Young Children Activity Center project ;Henan song foundation contractors of the Henan province the development of public health management center and the Henan provincial song base investment limited audit .
At present, the audit is still a work in progress .The National Audit Office in Zhengzhou correspondent duties include ,Henan Provincial People Audit Administration and other units by the State Council and its departments entrusted to the management of social security funds ,funds from public donations and other relevant funds ,funds of financial revenue and expenditure .
The song of Henan foundation is not government departments ,strictly speaking, not by the Audit Commission ,the National Audit Office audit belongs to &ldquo ;assigned projects &rdquo ;.
In response to the > ;income 630000000 only donate 139000000 ?The song Foundation: public welfare expenditure standards despite the song of Henan foundation in asset size ,burberry,endowment income has been for three consecutive years ranked at the top of the Foundation Center network ,but its public spending is far from the top ten list .
According to the Henan song base will be submitted to the local civil affairs department ,the 2010 public spending of 139000000 yuan ,abercrombie,the total income of 2009 is 630000000 yuan ,supra.If in accordance with the Regulations in the &ldquo fund ;public fund each year to engage in prescribed in the articles of association public welfare expenditure, shall not be less than one year gross income 70%&rdquo ;to calculate ,2010 should be spent 441000000 yuan .
This gap ,Henan song based primarily responsible for people think it is not difficult to explain .Because of its income, the vast majority are limited income ,in 2009 nearly 200000000 yuan of income as the base calculation ,song of Henan foundation public spending has reached .
In fact ,sac longchamp,these 139000000 yuan of public welfare projects ,the real from the public and corporate donation is not much .In 2010, despite the Yushu earthquake ,Zhouqu debris flow disaster opportunity ,Henan song foundation offering income of only 540000 yuan ,which originates from the natural person only 225000 yuan .
As for corporate donations to public welfare fund ,song of Henan foundation is a responsible person said with a smile, &ldquo ;a year up to 5000000 ,abercrombie. &rdquo ;.Clarification of > ;Chinese song based call and local song base to China yesterday ,franklin marshall,the Song Qingling foundation in its official website published a description of China ,said Song Qingling foundation and the Song Qingling foundation &ldquo ;without affiliation &rdquo ,christian louboutin;.
But in some foreign exchanges in the project, with local Song Qingling foundation some cooperation .Chinese song base will be indicated in the description ,as some reports said: China Song Qingling foundation and the Song Qingling foundation &ldquo ;without affiliation &rdquo ;.
Song Qingling China fund jointly with local Song Qingling foundation neither administratively subordinate relationship ,also without the economic aspects of the business cooperation and exchanges ,.
&ldquo does not exist ,polo ralph lauren;the Song Qingling foundation will be &rdquo ,&ldquo ;&rdquo ,&ldquo ;branch ;China ;waiting for the Song Qingling foundation directed &rdquo ,abercrombie france;etc. .However ,Chinese song foundation also said ,in some foreign exchanges in China project ,Song Qingling foundation, Song Qingling foundation some cooperation with local .
The group has been Legal Evening News ,in the new social question in &ldquo ;&rdquo ,&ldquo ;lending money ;money investing in &rdquo ;and questioning the Henan Song Qingling foundation these days much public attention ,ralph lauren.
More worthy of public attention is Henan song base will appeal rate 3 years short time ,louboutin pas cher,song of Henan Foundation achieves from zero to nearly 3000000000 Yuan to leap ,in the country more than 2000 Charity Foundation in unique ,ever created the myth of speed on appeal .
Create collection speed myth Henan song based on the web site of the data shows that ,the meeting in 1992 L2 month 31 days was formally established .The Ministry of civil affairs in 2004 awarded Henan province Song Qingling fund of countrywide advanced folk organization of &ldquo ;&rdquo ;glorious title ,in 2010 awarded &ldquo ;national advanced social organization &rdquo glorious title .
The reporter through the Chinese fund industry information service platform foundation center network access to that song ,Henan base from 1992 L2 month 31 days of formal founding date to the end of 2007 the total assets of 0 ( or because the database without song of Henan foundation financial data ) .
From 2008 to the end of 2010 ,in this short span of 3 years ,Henan song group total assets increased : in 2008, the total assets of 15.6 billion yuan in 2009 21.1 ,total assets of 200 million yuan, the total assets of 29.
8 billion yuan in 2010 .With the song of Henan based in China ,the Song Qingling Foundation ( hereinafter referred to as Chinese song Foundation ) the total assets adds fast slow ,from 2005 8600 yuan, up to 2.
7 billion yuan in 2010 .The Foundation Center Web page can be seen, song of Henan Foundation the year 2009 reach 2095472988 yuan ,donated 620223949 yuan of income .In the year 2009 ,Henan song base will net assets and income donated amount all occupy countrywide charity list, but in public spending to 10 on the list but no song of Henan foundation .
In the interior of the Internet ,have the same Internet users on the song of Henan foundation management identity ,background questioned .The netizen says ,Henan song Foundation Chairman ,louboutin,vice-chairman ,secretary-general ,deputy secretary-general and others in many department official status, and some are large enterprises such as chairman ,manager .
Set up wholly-owned operating funds in accordance with the Regulations provisions of the fund management ,public funds each year to engage in prescribed in the articles of association public welfare expenditure, shall not be less than 70% of the total income of a year .
Song of Henan foundation in 2010 the total income of nearly 900000000 yuan ,press this computation ,the 2010 welfare expenditures totaled 500000000 yuan .But ,Henan song foundation this should be used for public welfare expenditure 500000000 yuan to the reporter ,unable to query to the relevant information .
The media of Henan song foundation relates to &ldquo ;&rdquo &ldquo ;money lending ;commonweal project by &rdquo ;problem reports, in Henan attracted the attention from all walks of life ,to become the public topic for discussion .
A reluctance to disclose the names of the government functionaries ,song of Henan foundation had not used it for local public expenditure ,is it right? For investment ?If the expenditure of public spending for business investment, Henan song foundation practice not only illegal ,but also departs from its aim ,even by the charitable organization become investment Guarantee Corporation and enterprises .
Henan province statement Eastern lawyer Wang Qingliang told News Agency reporter when the interview indicated ,any investment has risk ,as a charitable organization ,Henan song foundation should not be involved in securities ,stocks ,real estate and other high risk industry .
Interpretation of the 3000000000 capital from why and come ?According to the Henan song foundation is mainly responsible for the introduction, in 2010, to the fund for limitation donated by individuals ,burberry soldes,reached more than 300000 people ,abercrombie paris,per capita donation in ten thousand yuan of above .
This estimate was limited ,donation total should be more than 3000000000 yuan .Why are there so many ordinary people ,will the money to fund investment value? According to the survey ,public health is the song of Henan Foundation created a medical security system .
When a reporter to the Advisory insurance in the name to the city of Shangqiu county public health centre staff inquiry, said that the other side, the insured is a prerequisite to Henan song Foundation donated &ldquo ;&rdquo ;$ten thousand ,for a period of one year ,supra shoes,after the expiration of ten thousand yuan to return .
Xinxiang municipal public health center is very cautious ,facing reporters repeatedly asked to policy advisory identity ,staff emphasized the importance of public health to provide medical assistance to vulnerable groups only ,had not opened by medical insurance business donations .
However ,in early 2006 ,the Xinxiang local public health that media exposure mode of operation ,namely the citizen to donate ten thousand yuan can be obtained after the &ldquo ;public health certificate ,in addition to enjoy &rdquo ;medical benefits ,and 300 yuan for medical subvention ,expire one year after the return of ten thousand yuan .
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Disneyland also for adult young man held a special show, Mickey Mouse and Donald Duck and other plays on stage one after another, and young people to celebrate the joy of the festival.(editing: grandson
