What is Jeremy Hunt’s record on tax cuts ahead of 2024 spring Budget
Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tax burden: unchanged National Insurance Mr Hunt reduced National Insurance contributions from 12 per cent to 10 per cent in his 2023 autumn statement. Tax burden: reduced open image in gallery Jeremy Hunt ahead of his 2023 spring Budget Capital Gains Capital Gains Tax is paid on the gain when you sell most high-value assets. Tax burden: reduced Council Tax In 2022, Mr Hunt increased the amount local councils can hike council tax without a local vote from 3 per cent to 5. Tax burden: raised Corporation Tax In his 2022 spring Budget, Mr Hunt increased Corporation Tax on companies with over £250,000 in profits from 19 per cent to 25.
Discover Related
Donald Trump's big plan: No tax for people earning under $150,000
Starmer leaves door open for more tax rises and spending cuts in spring Budget
House panel members question government on impact of corporate tax cut
Berkshire Hathaway’s operating earnings surge 71% with record cash pile
UK Pay Growth and Employment Rise in Defiance of Labour Tax Hike
Republicans Say Debt Is Destroying America, But Their Budget Plan Could Balloon It
Boost in consumption is necessary, but 'Sabka Vikas' should not be lost
Kentucky governor signs GOP-backed personal income tax cut
Kentucky governor signs GOP-backed personal income tax cut
Opinion: ‘Personnel is policy,’ and Trump’s economic pick is a good sign