PM and Chancellor unified in announcing ‘single biggest tax cut in a decade’

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PM and Chancellor unified in announcing ‘single biggest tax cut in a decade’
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They argue it will help 70 per cent of British workers and save them hundreds of pounds a year.

Prime Minister Boris Johnson and Chancellor of the Exchequer Rishi Sunak, exit 10 Downing Street, London

Writing in the Sun on Sunday, the Prime Minister and Chancellor said when the National Insurance threshold rises overnight this coming Wednesday from £9,880 to £12,570 it will save 30 million British workers up to £330 a year. Mr Johnson and Mr Sunak said the tax cut will lift ‘2.2 million people out of paying any National Insurance or income tax’ on earnings

It comes after the Prime Minister’s denial that his Government is being “complacent” about spiralling inflation and said the “cost of freedom” is “always worth paying” amid soaring costs exacerbated by the Ukraine war.

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