It put up my taxes a little with the NI removal of pension contributions. It put my employers tax up a ton though.
The freezing of threshold just continued Tory policy.
While I’m annoyed the extra money has been given to those who don’t work, and marginal rates advice 60% still exist, I just see this as lost opportunity. They could have increased income tax and reduced NI, thus raising tax on non working people. But truth is all governments are beholden to the elderly for the next 20 years.
However the attacks on reeves have been vitriolic since the start and there’s a significant amount of misogyny in them.
The freezing of threshold just continued Tory policy.
While I’m annoyed the extra money has been given to those who don’t work, and marginal rates advice 60% still exist, I just see this as lost opportunity. They could have increased income tax and reduced NI, thus raising tax on non working people. But truth is all governments are beholden to the elderly for the next 20 years.
However the attacks on reeves have been vitriolic since the start and there’s a significant amount of misogyny in them.