Article 6GHHZ Pressure grows on Hunt to cut income tax as millions more face paying it

Pressure grows on Hunt to cut income tax as millions more face paying it

by
Richard Partington and Pippa Crerar
from Economics | The Guardian on (#6GHHZ)

Hopes that nearly 4 million low paid UK workers would be able to keep more of their earnings if personal allowances are uprated

Pressure is mounting on Jeremy Hunt to cut taxes in Wednesday's autumn statement due to evidence that almost 4 million UK workers are to be dragged into paying income tax for the first time.

In a crunch week for the government, Rishi Sunak fuelled expectations on Monday that his chancellor could use his speech to the Commons to launch personal tax cuts, saying the government could now look forward" to the future after making progress on the economy.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments