The Government is accused of downplaying the impact of tax changes that could leave nearly half a million workers at least £360 a year worse off. The construction workers’ union UCATT has seen an Inland Revenue policy document under-estimating the real impact of Chancellor George Osborne’s tax on travel expenses for workers employed by ‘umbrella companies.’ A union leader said the move shows the “utter contempt” the government has for the British worker. In an official paper released just before Christmas the Revenue and Customs policy document states that the tax change “is not expected to have any significant economic impact.” However, the HMRC’s own estimates show workers will – at the very least – be £360 a year worse off, but UCATT claims the figure could be considerably higher. Workers hit by the new tax change are employed by so-called ‘umbrella companies’ which are used by bosses to pay workers less than the going rate. Read more HERE