How much will I save from the tax cuts?
Posted 2 лет назад in Новости и политика.
The fall in the basic rate of income tax from 20% to 19% will benefit more than 31 million people, Chancellor Kwasi Kwarteng said a little earlier.
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Taking into account both the income tax cut and the reversal of the 1.25% increase in National Insurance, a person earning £20,000 a year will save £167, according to analysts at accountancy firm EY.
An individual with an income of £40,000 will benefit to the tune of £617 a year and a person earning £60,000 will save £969.
A person on £100,000 will get an extra £1,469.
Learn more on how the tax cut affects you