The Chancellor said the two-percentage-point reduction in the main rate will save someone earning £35,000 more than £450 and the change would benefit 27 million people. Mr Hunt also confirmed that a tax break allowing firms to cut their bills if they invest in new equipment will be made permanent, in what he claimed was the “biggest business tax cut in modern history”.
But both measures come against a backdrop of a tax burden that has risen sharply in recent years as the Tories have contended with the economic impact of Covid-19 and the spike in energy prices triggered by the war in Ukraine.
And high inflation has also contributed to a situation where the independent budget watchdog warned that “living standards are forecast to be 3.5% lower in 2024-25 than prepandemic”.
هذه القصة مأخوذة من طبعة November 23, 2023 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 23, 2023 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
"The board is very much behind Chris and Lee. We made our decision and we are very comfortable with our decision" - Mark Russell
IT has certainly not been the start to the season that Plymouth Parkway would have wanted.
EASY DOES IT FOR RAMI
AL HAJJ APPRECIATES SMOOTH TRANSITION AT HOME PARK
Gibson must be next to get a new deal at Home Park
THERE was a deserved contract extension for Plymouth Argyle captain Joe Edwards earlier this month. Now they should be looking to tie up a new deal for another of their key players.
Austin can't stop defeat for Bluebird
GLENN Austin added scores of at least three figures during 18 of his visits to the board for Bluebird A in a 7-4 Monday Premier League loss at Legends Lounge.
We used holiday money to buy hand gel and face masks... then gave it to our NHS customers
TWO selfless shopkeepers have donated more than £100,000 of food and medical assistance to people in their community since the pandemic.
Migrants could be in hotels for up to three years-report
MIGRANTS could be housed in hotels for up to three more years due to the asylum backlog, it has been reported.
Girl, 14, hurt in suspected acid attack near school
A 14-YEAR-OLD girl has been left with potentially life-changing injuries after a suspected acid attack outside a school in west London.
Warning of Iran attack as Israel masses forces
IRAN is preparing to \"imminently\" launch a ballistic missile attack on Israel, according to a United States administration official, who warned of \"severe consequences\" should it take place.
Market stall is more than just retail outlet
ASSISTANCE ALSO OFFERED AT STALL OPENED 25 YEARS AGO
Plans submitted for dockyard site
INDUSTRIAL UNITS PART OF REVITILISATION’