Spring Statement 2022: Sunak pitches 2024 penny reduction for income tax amid reforms

National insurance base threshold lifted by £2,690

clock • 2 min read

Chancellor Rishi Sunak announced a slew reforms and cuts to the UK tax structure in his spring budget statement delivered to the House of Commons today (23 March) though experts remain unsure as to their tangible impact on households navigating through a cost-of-living crisis.

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