Could tax cuts reclaim the confidence of Tory MPs?
Mr Johnson will face the House of Commons in Prime Minister's Questions later for the first time since four in 10 of his own MPs backed ousting him in a confidence vote on Monday.
He is said to have hinted at reductions to the tax burden - currently at its highest level since the 1940s - when he met them before Monday's vote. Taxpayers will get some relief next month when a National Insurance threshold rise comes into effect, bringing theBut NI payments went up at the beginning of April, meaning anyone currently earning more than £9,880 a year has to pay 1.25p more in the pound.due to rise from 19% to 25% for larger firms, starting in 2023The autumn Budget is expected to bring some tax cuts for companies, in an effort to encourage investment.
"What I hope Johnson will now avoid is a set of populist policies that are drafted in the hope of shoring up our immediate popularity," he added.
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