Birdwatch Note Rating
2024-01-06 11:45:34 UTC - HELPFUL
Rated by Participant: 1DAD8E48EA84E13D63051604A2629406430EF11C076CF191E8E30FC26725BD6D
Participant Details
Original Note:
Tax has not been cut. The OBR states that the freeze to tax thresholds this Parliament will be worth the equivalent of a 10p increase in the main rate of NICs by 2028/29. Against Sunak's cut to NICs of 2p, an 8p increase. Meaning tax has risen, and will continue to rise. https://obr.uk/docs/dlm_uploads/E03004355_November-Economic-and-Fiscal-Outlook_Web-Accessible.pdf
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