Spring Statement: Is this really the biggest personal tax cut for 25 years?
The Spring Statement cut some taxes but, overall, the government has raised taxes in the past year. …
Overall “for most people, personal taxes are going up”, explains Helen Miller. She says that next year “workers earning between around £10,000 and £25,000 will see a cut in their personal taxes as a result of the policy changes. But, by 2025-26, accounting for all changes, almost all workers will be paying more”.
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