Page 19 - இங்கிலாந்து அரசு செய்தி மற்றும் புதுப்பிப்புகள் ஆன் தி பிரிட்டிஷ் மந்திரி சபை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
So how will Rishi s budget affect YOU? One in SIX people will be paying higher rate tax by 2026 - twice as many as under Thatcher - while anger grows that low and middle earners will be hit harder than the rich
Chancellor Rishi Sunak announced at the Budget that income tax thresholds will be frozen in the years ahead
It will drag hundreds of thousands of workers into paying more basic rate as well as higher rate income tax
Institute for Fiscal Studies said that by 2026 one in six people will be on higher rate - was just one in 15 in 1990
Chancellor Rishi Sunak has been defending his crucial post-coronavirus Budget package unveiled yesterday
IFS says that Mr Sunak s spending plans are implausible he will probably need to raise taxes to balance books
The massive furlough scheme will be extended again to the end of September along with other bailouts
Income tax thresholds are being frozen until 2026 and corporation tax will rise to 25 per cent from 2023
The government s total spending on response set to reach an unimaginable £407billion by end of next year
Mr Sunak said the income tax move was progressive and the right thing to do and rates are still generous
Sir Lindsay Hoyle has slammed Rishi Sunak s pre-Budget PR drive, telling the Chancellor that policies should be announced to MPs first because tradition matters .
In a crucial Budget that will set the country s course for years, Rishi Sunak is extending the £53billion furlough scheme for an extra five months, as well as keeping self-employed and business bailouts.
Rishi Sunak unveiled a raft of measures aimed at helping small businesses today.
The Chancellor targeted high street firms with a business rate holiday extension until June, followed by a two-thirds reduced rate for the rest of the financial year.
He also confirmed a freeze of VAT at 5 per cent for hospitality firms until June, and to stagger a return to the 20 per cent regular rate with an interim 12.5 per cent step until April 2022. Business leaders had called for another year at the 5 per cent rate.
He also unveiled an extension of the furlough scheme until September - albeit with increasing employer contributions set at 10 per cent in July and 20 per cent from August.