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BBCNEWS BBC News at Six March 23, 2022 18:02:00

Good evening and welcome to the bbc news at six. the chancellor, rishi sunak, has set out his plans to address the cost of living crisis, predicted to be the worst in decades. he told mps that fuel duty would be cut by 5p per litre, through to march next year. national insurance payments are set to rise from april 6th, but he said the threshold at which people will have to pay any contribution will be raised by £3,000 from july. that means you ll need to earn at least £12,570 a year before paying any income tax or national insurance. and mr sunak said he intends to cut the basic rate of income tax, the first reduction in 16 years, from 20% to i9%, by the end of the current parliament in 202a. but the chancellor also gave some eye watering figures on inflation, or the rate at which prices go up. ....

Rishi Sunak , Bbc News At Six , April 6th , Income Tax , The End ,

BBCNEWS BBC News at Ten March 23, 2022 22:02:00

Good evening. the chancellor, rishi sunak, has set out his plans to address the cost of living crisis, predicted to be the worst in decades. he told mps that fuel duty would be cut by 5p per litre, through to march next year. though national insurance payments are set to rise from april 6th, he said the threshold at which people will have to pay any contribution will be raised by £3,000 from july. that means you ll need to earn at least £12,570 a year before paying any income tax or national insurance. and mr sunak said he intends to cut the basic rate of income tax, the first reduction in 16 years, from 20% to i9%, by the end of the current parliament in 202a. but the chancellor also gave some eye watering figures on inflation, or the rate at which prices go up. today it hit 6.2% in the 12 months to february, with the chancellor saying that s ....

Rishi Sunak , Income Tax , April 6th , The End , 6 2 ,

BBCNEWS Breakfast March 24, 2022 07:40:00

Completely free of national insurance and income tax, so it s pa rticuta rty insurance and income tax, so it s particularly good for low and middle earners~ particularly good for low and middle earners. do particularly good for low and middle earners. y ., particularly good for low and middle earners. ,, ., . ~ ., ., earners. do you acknowledge that the fact the threshold earners. do you acknowledge that the fact the threshold is earners. do you acknowledge that the fact the threshold is frozen earners. do you acknowledge that the fact the threshold is frozen for - earners. do you acknowledge that the fact the threshold is frozen for the - fact the threshold is frozen for the tax brackets meaning the 1p that drops will be absorbed when it comes to inflation because it s like saying to people through taxation and inflation i m taking £100 away from you but i m giving you a £20 note and pretending it s christmas. of course there is inflation inftation of course there is ....

BBCNEWS BBC News March 28, 2022 14:24:00

Working sure workplace, cutting taxes on working people, but doing so in a way that working people, but doing so in a way that disproportionately benefits low and way that disproportionately benefits low and middle incomes but also represents a simple vocation of the tax system represents a simple vocation of the tax system in a sense, because we had a tax system in a sense, because we had a situation where unearned income had a situation where unearned income was, or earned income rather, was being income was, or earned income rather, was being taxed before unearned income was being taxed before unearned income because of their misalignment income because of their misalignment in those income because of their misalignment in those thresholds and this is a simplification of the system so it s easier simplification of the system so it s easier for simplification of the system so it s easier for people to understand, for the first easier for people to understand, for ....

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BBCNEWS BBC News at One March 24, 2022 13:02:00

Good afternoon. the chancellor, rishi sunak, has defended his spring statement, after critics said he hadn t done enough to help families who are struggling with rising bills. one think tank has warned that 1.3 million people will fall below the poverty line from april, even with the government measures announced yesterday. labour have called the policies a disaster for working families. yesterday, the chancellor announced that fuel duty would be cut by 5p per litre through to march next year. although national insurance payments are set to rise from april 6th, he said the threshold at which people will have to start paying ni will be raised by £3,000 from july. that means you ll need to earn at least £12,570 a year before paying any income tax ....

Rishi Sunak , Spring Statement , Poverty Line , Hadn T , Think Tank , 1 3 Million , Fuel Duty , Working Families , April 6th , Income Tax ,