Autumn Statement: Jeremy Hunt defends tax rises for middle earners

Belgique Nouvelles Nouvelles

Autumn Statement: Jeremy Hunt defends tax rises for middle earners
Belgique Dernières Nouvelles,Belgique Actualités
  • 📰 BBCNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Chancellor Jeremy Hunt defends tax rises for middle earners

The Resolution Foundation said increasing benefits in line with inflation would make a "huge difference" to those on low-to-middle incomes.

For a typical household, annual energy bills will rise to around £3,000, up from the current level of £2,500.The Resolution Foundation said the focus on "stealth taxes" - freezing tax thresholds to raise revenue - meant those on middle incomes were being squeezed as well as higher earners.The independent Institute for Fiscal Studies said "Middle England" was "set for a shock".

Mr Hunt denied he had been forced to raise taxes and reduce spending because of the turmoil caused by his predecessor Kwasi Kwarteng's tax-cutting mini-budget.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

BBCNews /  🏆 3. in UK

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Autumn Statement: Jeremy Hunt to unveil spending cuts and tax risesAutumn Statement: Jeremy Hunt to unveil spending cuts and tax risesIncreases will rise with inflation but energy support will be scaled back, the BBC understands.
Lire la suite »

Autumn Statement: Jeremy Hunt about to set out billions in tax rises and cuts - BBC NewsAutumn Statement: Jeremy Hunt about to set out billions in tax rises and cuts - BBC NewsJeremy Hunt will announce plans that will affect everyone's finances in Parliament at 11:30 as he seeks to reduce government debt.
Lire la suite »

Jeremy Hunt to defend autumn statement amid warning of record fall in living standardsJeremy Hunt to defend autumn statement amid warning of record fall in living standardsThe chancellor has admitted the situation is bleak, but claimed his economic plan was a 'balanced approach' that would protect public services and help the worst off.
Lire la suite »

Autumn Statement – Jeremy Hunt denies plans to raise fuel duty, BBC ‘road tax’ rowAutumn Statement – Jeremy Hunt denies plans to raise fuel duty, BBC ‘road tax’ rowAutumn Statement – Jeremy Hunt denies plans to raise fuel duty, BBC ‘road tax’ row Tory backbench MPs call for tax on fuel to be frozen again as Office for Budget Responsibility suggests 23 per cent rise coming in March cycling
Lire la suite »

Autumn Statement: Jeremy Hunt setting out plan that will hit budgets of millions - BBC NewsAutumn Statement: Jeremy Hunt setting out plan that will hit budgets of millions - BBC NewsThe energy industry will be hit with an expanded windfall tax of 35% - up from 25% - until March 2028 Chancellor Jeremy Hunt says a new temporary 45% levy on electricity generators will also be introduced
Lire la suite »



Render Time: 2025-04-09 23:41:55