Exact amount you need to earn to be better off from major tax changes this year

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Exact amount you need to earn to be better off from major tax changes this year
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  • 📰 TheSun
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MILLIONS of workers will see a change in their incomes from tomorrow following a change to National Insurance. The new rules will slash the amount of tax people pay giving them a much-needed to the…

A spokesman said: "Anyone earning more than around £31,500 will face a bigger bill and higher earners will be hit with hundreds of pounds in additional National Insurance thanks to the Chancellor’s changes.

"For example, someone earning £35,000 will only pay £47 more in tax this year, but those earning £45,000 will be hit with an extra £172 in National Insurance in 2022/23. "A higher earner on £80,000 will be paying £609 in extra National Insurance costs – more than £50 a month more, and someone on £100,000 is facing an extra £859 on their bill."The government has also announced aMillions on Universal Credit and other benefits are set to get the first half of a

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