Mini-budget: Chancellor Kwasi Kwarteng announces major tax cuts

Chancellor Kwasi Kwarteng has announced that the basic rate of income tax will be cut to 19p a year earlier from April 2023, with the 45% top rate "abolished" and replaced with a single higher rate of 40%.

#Chancellor #MiniBudget #Economy

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TV channel: Sky News

Published: 2022-09-23

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