![Various words in the shape of an arrow in white text against a black background. The biggest most prominent word seen reads 'CHANGES' Various words in the shape of an arrow in white text against a black background. The biggest most prominent word seen reads 'CHANGES'](/sites/default/files/styles/responsive_4_3_600w/public/2024-07/litrg_stresses_need_to_consider_benefits_impacts_of_tax_and_nic_changes.png?h=03c026bc&itok=PLjNDYLH)
LITRG stresses need to consider benefits impacts of tax and NIC changes
Today the Government announced, in the Growth Plan 20221, that they intend to reduce the UK basic rate of income tax to 19% (from its current 20%) from April 2023. This is in addition to yesterday’s announcement that they will reduce national insurance contribution rates from 6 Novem...