The Growth Plan announced by the Chancellor of the Exchequer earlier revealed several tax cuts including stamp duty and reduction of basic income tax to 19 percent, plus reversals on recent increases of national insurance and corporation tax.
However, Doncaster finance company My Pension Expert highlighted that the budget failed to take any action on pensions and the issues facing people of pension age.
Executive chairman Andrew Megson said: “The government has been undeniably bold in this ‘mini budget’ – much to the relief of many Britons. Indeed, a reversal of the National Insurance hike and income tax cuts will in […]
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