UK opts for ‘biggest tax cut in a decade’


Tackling cost pressures: Factory workers in action in the United Kingdom. The historic tax cut will result in 70% of British workers paying less in National Insurance. — Reuters

LondoN: British prime minister Boris Johnson (pic) and chancellor of the exchequer Rishi Sunak have penned a joint article to outline what they are calling “the single biggest tax cut in a decade” in a show of unity on Britain’s cost-of-living crisis.

Writing in the Sun, the prime minister and chancellor said when the National Insurance threshold rises on Wednesday, it will save 30 million British workers up to £330 (US$400 or RM1,763) a year.

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Britain , Johnson , Sunak , tax , cuts , inflation ,

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