Category: Forex News

UK Chancellor Hunt rumored to be preparing a 2P cut to the basic rate of income tax

By │Published On: March 4, 2024│0.4 min read│Views: 560│0 Comments on UK Chancellor Hunt rumored to be preparing a 2P cut to the basic rate of income tax│

UK Chancellor of the Exchequer Hunt (according to government insiders as reported by the FT) is said to be considering a two peak To the basic rate of income tax.

  • Income tax would cost 14B per year but to be funded by cutting future public spending plans
  • Hunt is also expected to extend for an additional year, the 5P fuel duty cut

This article was written by Greg Michalowski at www.forexlive.com.


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