BBCNEWS Breakfast June 4, 2024 07:12:00
From your salary to help fund the state pension. from today, contributions in the basic tax band are being cut from 12% to 10%. the chancellor says everyone will take home a bit more cash. we've already started cutting taxes and that's what's happening today. a 2% cut in national insurance, that is nearly £1000 for a typical family with two earners. and that is a very significant change, because it was right to put up taxes to pay back the debt from the help we gave families during covid and during the cost—of—living crisis, but now we have turned a corner, brought down inflation, the eco...