Chancellor announces tax cuts for millions in autumn statement

Contributing sentiments towards policy:

57% : National Insurance is currently charged at 12% on earnings between £12,571 and £50,271 with 2% on anything over that.
56% : Unlike Income Tax, which is partially devolved to the Scottish Parliament, National Insurance applies across the UK.
54% : There was concern among anti-poverty charities that Hunt would use the lower inflation figure for October at 4.6%.
51% : National Insurance cuts for the self-employedSome two million self-employed people will benefit from the axing of class 2 national insurance and a cut to class 4 national insurance to 8%, saving them around £350 a year.
50% : Taxes remain at historically high levels.
49% : Office for Budget Responsibility forecasts economy to grow by 0.6% this year and 0.7% in 2024Tax will be cut for millions of workers across the UK, the chancellor has announced.
44% : Jeremy Hunt confirmed that National Insurance will be slashed by 2% during his autumn statement on Wednesday.

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