{"id":134407,"date":"2023-11-25T16:23:33","date_gmt":"2023-11-25T16:23:33","guid":{"rendered":"https:\/\/bluemull.com\/?p=134407"},"modified":"2023-11-25T16:23:33","modified_gmt":"2023-11-25T16:23:33","slug":"brits-in-line-for-more-tax-cuts-in-just-months-with-national-insurance-just-a-start-jeremy-hunt-vows-the-sun","status":"publish","type":"post","link":"https:\/\/bluemull.com\/lifestyle\/brits-in-line-for-more-tax-cuts-in-just-months-with-national-insurance-just-a-start-jeremy-hunt-vows-the-sun\/","title":{"rendered":"Brits in line for MORE tax cuts in just months with National Insurance just a 'start', Jeremy Hunt vows | The Sun"},"content":{"rendered":"

MORE tax cuts are on the way after Jeremy Hunt declared yesterday\u2019s package just the \u201cstart\u201d.\u00a0<\/p>\n

The Chancellor paved the way for further relief at the next spring Budget – likely the last chance for vote-winning giveaways before an election.<\/p>\n


\n<\/p>\n

He said: \u201cWe have made a start. I don't pretend and I've never pretended that we were going to get there in one go.\u201d<\/p>\n

Yesterday\u2019s Autumn Statement slashed the rate of National Insurance, eased business taxes and froze alcohol duty.\u00a0<\/p>\n

Mr Hunt claimed the measures amounted to the biggest set of tax cuts since the 1980s and would help jump-start the spluttering economy.\u00a0<\/p>\n

But many Tory MPs are pressing him to go much harder after economists warned the overall tax burden is still reaching a record high.<\/p>\n

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Jeremy Hunt declares Britain is 'back on track' in mini-Budget giveaway<\/h3>\n

Ministers are facing calls to unfreeze tax thresholds to stop millions of workers being dragged into paying higher rates.<\/p>\n

Grilled this morning Mr Hunt said: \u201cYesterday I did make a start in bringing down the tax burden, I\u2019ve never said we\u2019re going to get there all in one go.\u00a0<\/p>\n

\u201cBut it is very significant that for the first time, because the economy is stronger than people predicted, we\u2019re able to make a start.<\/p>\n

\u201cI could have done lots of things with the headroom I had, but fundamentally as a Conservative I believe that lower taxes are the way to grow the economy.\u201d<\/p>\n

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Jeremy Hunt declares Britain is ‘back on track’ in mini-Budget giveaway<\/h3>\n

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He defended prioritising tax cuts ahead of pouring more funding into cash-starved public services.\u00a0<\/p>\n

And he conceded taxes have gone up in recent years to pay for multi-billion pound Covid measures like furlough.<\/p>\n

Mr Hunt swatted away speculation that yesterday\u2019s package was deliberately deployed to woo voters ahead of next year\u2019s likely election.<\/p>\n

Eyebrows were raised when the Chancellor fast-tracked the National Insurance cut to kick in on January 6 rather than in April as usual.\u00a0<\/p>\n

Describing such speculation as \u201csilly\u201d, Mr Hunt told LBC: \u201cI can confirm, regarding the date of the election, that I've had absolutely no discussions with the Prime Minister.\u201d<\/p>\n

Widely-expected cuts to income tax or inheritance tax could happen in the Spring Budget. <\/p>\n


\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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