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Sunak: Basic Rate Income Tax Cut By 2024

UK

Sunak: "I can confirm, before the end of this Parliament, in 2024, for the first time in sixteen years… …the basic rate of income tax will be cut from 20 to 19 pence in the pound. A tax cut for workers, for pensioners, for savers. A £5bn tax cut for over 30 million people. Let me be clear with the House: It is fully costed and fully paid for in the plans announced today."

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