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g jones · 04-12-2009, 20:45

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.

04-12-2009, 20:45	#17
g jones Senior Member+ Join Date: Mar 2006 Posts: 1,125 Liked: 14 times Rep Power: 729	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.