Chancellor Jeremy Hunt suggests a potential third National Insurance tax cut in Autumn, aiming for long-term elimination.
Chancellor Jeremy Hunt hints at a third National Insurance tax cut in Autumn if economic circumstances permit, aiming for a long-term goal to eliminate the payroll tax altogether. This follows the two cuts of 2p in the past year, saving workers an average of £900 annually. Hunt also insists that taxes will decrease under the Tories, although a specific timeline has not been announced.
May 16, 2024
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