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Spring Statement: Tax, fuel duty and NI cuts in Rishi Sunak's mini-budget
Posted
March 23, 2022
Views
34,880
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March 23, 2022
34,880
144
138
0.81%
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4:08Now PlayingRishi Sunak has raised the national insurance threshold by £3,000 and announced a cut in fuel duty tax by 5p a litre in an attempt to ease the burden of the cost of living crisis.
Unveiling his spring statement in the Commons, the chancellor announced that he is increasing the level at which workers start paying national insurance to £12,570 to ease the burden on the low paid.
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