Birdwatch Note Rating
2024-01-06 18:43:00 UTC - HELPFUL
Rated by Participant: BF81D73C59FE7043CC5D0613F2AC40FD94BCFE70E246BD2EFD19685921EC047A
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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