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UK Government Notes GBP 6 Billion Personal Tax Cut Through National Insurance Threshold Increase

11 July 2022

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Approved Changes

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United Kingdom

The UK Government has issued a release on a GBP 6 Billion Personal Tax Cut through an increase in the threshold (level) at which people start paying National Insurance from GBP 9,880 to GBP 12,570, effective 6 July 2022. --- Tax cut worth up to £330 comes in for 30 million workers 30 million people across the UK will benefit from the biggest personal tax cut in a decade from today - with hard working Brits saving up to £330 per year. 30 million people across the UK will benefit from the biggest personal tax cut in a decade from...