Rishi defends income tax raid on earners who will lose £576 over 5 years - insisting Budget is 'generous'

  • 📰 TheSun
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Rishi Sunak defends income tax raid on low earners - insisting Budget is 'generous' Budget2021

Rishi Sunak defended his income tax plans this morning - ahead of a visit with the PMCredit: AP:Associated Press

Experts have predicted that lower paid Brits could lose £576 over 5 years - if they don't get a pay rise, and without including National Insurance. Although Mr Sunak stopped short of increasing taxes, a freeze to these thresholds is essentially a pay cut, once you take into account the rate of inflation.

"What it does do is remove the incremental benefit that they might have experienced in future as inflation fed through to their wages.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not long to wait then we can vote this bunch of tossers out they only take care of their pals!!😡😡

That's around £2.40 a week. I'm with Rishi - that is generous considering the times we're in

This isn’t a tax raid. Try France ‼️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.