Workers set for £330 a year pay boost from November
Basic rate taxpayers will on average see a gain of approximately £75 in 2022-23 rising to £175 in 2023-24.
For higher rate taxpayers, these figures are on average approximately £300 in 2022-23 rising to £700 in 2023-24. For additional rate taxpayers, the gain will be on average approximately £1,650 in 2022-23 rising to £3,890 in 23-24. The PM has promised that the extra cash will still go to the NHS and struggling social care, but hasn't said how it would be funded.Those not paying National Insurance won't benefit from the cut.
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.
Workers to save £330 a year from November after MPs voted to reverse tax lawsMILLIONS of workers will save hundreds of pounds from November as MPs voted to reverse the tax hikes today. Liz Truss and Kwasi Kwarteng followed through on their promise to undo the health and soc…
Read more »
Workers to save £330 a year from November as MPs vote to reverse tax laws todayMILLIONS of workers will save hundreds of pounds from November as MPs vote to reverse the tax hikes today. Liz Truss and Kwasi Kwarteng will follow through on their promise to undo the health and s…
Read more »
Brits could pocket an average tax cut of £330 a year in reversalThe reversal aims to raise living standards
Read more »
London Ambulance Service staff to vote on strike action over pay rowLondon Ambulance Service (LAS) workers are set to vote on whether to strike amid an ongoing pay row.
Read more »