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Chancellor Jeremy Hunt presented his highly-anticipated spring Budget on Wednesday, delivering on his widely-expected 2 per cent cut to national insurance.
Amongst Mr Hunts other policy announcements came changes to child benefits, a new levy on vaping products, and a major overhaul of the non-dom tax status.
The chancellor has called his changes to national insurance contributions a tax cut for working people, however it has been pointed out that the tax burden for low-earners may actually still be higher than it was a few years ago.
Jeremy Hunt delivers his 2024 spring Budget to Commons
(Sky News)
Responding to the c…
Read the full article at: https://www.independent.co.uk/news/uk/home-news/2024-spring-budget-highlights-debt-relief-b2509214.html