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27 million employees to receive largest ever cut to National Insurance on 6 January 2024. The House of Commons has debated the National Insurance Contributions (Reduction in Rates) Bill, with the average employee and self-employed set to get an extra £450 a year and £350 a year £9 billion a year tax cut means that personal taxes on the average salary are set to be lower in the UK than every other major economy The Bill was debated throughout the day with Members voting on the Bill. [Read Full Article] |
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