Spring Statement: Rishi Sunak tax cut vow as living standards plummet
The chancellor promises income tax cuts in two years, but soaring prices for energy, food and fuel threaten tough times. …
I have counted several main tax cuts in this Spring Statement, including: fuel duty, VAT on energy efficient improvements, the increase to the threshold when workers start paying National Insurance, some discounts on business rates, and the cut to the basic rate of income tax.
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