Birdwatch Note Rating
2024-01-06 16:30:39 UTC - HELPFUL
Rated by Participant: D91195AA5CC7440BD22BB7FF30FFC1A8F30C8AD39F33D3D7974DCDA3BA812F0F
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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