Summary
Chancellor Jeremy Hunt says people on the average wage will be better off, after he cut National Insurance again yesterdayHunt also says he would like to cut taxes further – but points out the impact of the government’s Covid spendingLabour’s shadow chancellor Rachel Reeves says Hunt gives with one hand, and takes “even more” with the otherDespite the NI cut, Labour says frozen income tax rates and thresholds mean people have lost money overallIn the Budget yesterday, Hunt also increased the child benefit threshold from £50,000 to £60,000Our correspondents will answer your questions on the Budget later – email [email protected]
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BBC News – https://www.bbc.co.uk/news/live/uk-68497303
