Workers in the UK will receive an average of £900 from the HMRC starting from April, if they have the correct tax code on their payslip. The amount of money received depends on the individual's tax situation, with those having specific tax codes seeing a larger increase in their pay. The government is also reducing National Insurance contributions from 10% to 8% from April 6.
Workers across the UK are being handed an average of £900 from April from the HMRC - if you have the right tax code on your payslip. The Chancellor Jeremy Hunt recently announced a raft of financial changes including a tax cut for workers which will see money back into your payslip if you earn just the right amount to benefit the most.
But the exact amount depends on your tax situation and those with certain tax codes on their payslip will see a bigger boost to their pay packets as a proportion of income. Read More: DWP hands out £604 boost for women on these benefits From April 6, the government is changing National Insurance, cutting 2% from the amount of National Insurance tax you lose from your payslip. National Insurance contributions are being reduced from 10% to 8% following a cut from 12% to 10% in Januar
UK Workers HMRC Tax Code Payslip Chancellor Jeremy Hunt Financial Changes Tax Cut National Insurance Contributions
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