{"id":68887,"date":"2023-11-25T11:53:59","date_gmt":"2023-11-25T11:53:59","guid":{"rendered":"https:\/\/newcelebworld.com\/?p=68887"},"modified":"2023-11-25T11:53:59","modified_gmt":"2023-11-25T11:53:59","slug":"relief-for-brits-as-personal-tax-cuts-are-confirmed-for-autumn-statement-tomorrow-in-push-to-grow-economy-the-sun","status":"publish","type":"post","link":"https:\/\/newcelebworld.com\/lifestyle\/relief-for-brits-as-personal-tax-cuts-are-confirmed-for-autumn-statement-tomorrow-in-push-to-grow-economy-the-sun\/","title":{"rendered":"Relief for Brits as personal tax cuts are CONFIRMED for Autumn Statement tomorrow in push to grow economy | The Sun"},"content":{"rendered":"
JEREMY Hunt WILL be \u201ccutting taxes for individuals\u201d tomorrow, his deputy let slip today.<\/p>\n
Despite higher than expected borrowing last month, the Chancellor will push on with an expected cut to National Insurance – seemingly confirmed by new Chief Secretary to the Treasury Laura Trott.<\/p>\n
<\/p>\n
In a surprisingly candid interview, the Tory rising star told the BBC: \u201cThe economy is in a very different place to where we were a year ago and we can now focus on going for growth, pushing up the growth rate of the economy and cutting taxes for individuals.\u201d<\/p>\n
Quizzed on tax cuts, she added: \u201cThat is where the focus is. We are now able to talk about this, we are moving to a different stage.\u201d<\/p>\n
Mr Hunt will not raise\u00a0income tax\u00a0thresholds despite a record tax take \u2014 but will instead probably offer a smaller cut to\u00a0National \u00adInsurance.<\/p>\n
The Chancellor has delayed inheritance tax and\u00a0stamp duty\u00a0cuts until the\u00a0spring\u00a0\u2014 but workers\u2019 wallets are likely finally to get a long-overdue break.<\/p>\n Yet the boost pales in comparison to the billions raised by dragging millions more into higher income tax rates.<\/p>\n Mr Sunak said yesterday he could move on to the\u00a0next\u00a0phase of the Government\u2019s economic plan \u2014 including cutting tax and rewarding hard work \u2014 after\u00a0inflation\u00a0fell to 4.6 per cent in October.<\/p>\n He told an audience in North\u00a0London: \u201cWe will do this in a serious, responsible way, based on fiscal rules to deliver sound\u00a0money.<\/p>\n "It will take discipline and we need to prioritise. But over time, we can and we will cut taxes.\u201d<\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n The PM also vowed to clamp down on welfare fraudsters to get more people into work.<\/p>\n His five-point plan also involved having domestic\u00a0energy\u00a0security by building\u00a0nuclear power\u00a0stations and backing North Sea\u00a0oil\u00a0and\u00a0gas, and renewables. He also vowed to back British\u00a0business.<\/p>\n Meanwhile, there will be a \u00a312million cash injection to help\u00a0domestic abuse\u00a0survivors.<\/p>\n There will be \u00a310million to help them in the workplace. And \u00a32million will help people leave abusive relationships by applying for \u00a3500 cash or vouchers through Women\u2019s Aid.<\/p>\n The Sun has campaigned for 20 years on behalf of domestic abuse survivors from\u00a0campaigns\u00a0such as Save Our Shelters and Give Me Shelter.<\/p>\n<\/picture>CASH BOOST <\/span><\/p>\n
PM says time has finally come to cut tax ahead of Hunt's Autumn Statement<\/h3>\n
<\/picture>UP IN SMOKE <\/span><\/p>\n
Tory MPs could rebel on Rishi Sunak's smoking ban \u2014 unless cigars are exempt<\/h3>\n
Most read in Money<\/h2>\n
<\/picture>MOULD AWAY <\/span><\/p>\n
The \u00a38 item you’d find in an unusual aisle for tackling condensation & mould<\/h3>\n
<\/picture>CASHING IN <\/span><\/p>\n
Autumn Statement predictions from alcohol duty & tax cuts to benefits overhaul<\/h3>\n
<\/picture>BURGER OFF <\/span><\/p>\n
\u2018Please don\u2019t take it away\u2019 cry McDonald\u2019s fans as it axes 9 items in DAYS<\/h3>\n
<\/picture>‘WORK ALWAYS PAYS’ <\/span><\/p>\n
Rishi says he WILL cut taxes as he unveils 5-point plan to boost growth<\/h3>\n