For immediate release
Responding to Jeremy Hunt’s autumn statement, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“This was a mixed bag of an autumn statement with good and bad news for taxpayers.
“Cuts to taxes for businesses and workers will be warmly welcomed, but the fiscal drag of frozen thresholds means the UK is still on track for an even bigger tax burden by the end of this decade.
“To give taxpayers the long-term relief they need, the chancellor must take the next steps on controlling spending and bringing down the size of the state.”
Responding to the 2p cut to the lower rate of national insurance, Darwin Friend, head of research of the TaxPayers' Alliance, said:
“Cutting national insurance will be a huge relief for families around Britain.
“Working people grappling with the cost of living crisis have been crying out for a cut to personal taxation.
“To make sure that hard work continues to pay off, the chancellor must unfreeze personal tax thresholds at the next Budget.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
Conor Holohan
Media Campaign Manager, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
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TaxPayers' Alliance's advisory council.
- The TPA has laid out its ideal system of taxation in its update to its groundbreaking Single Income Tax paper, the result of the 2020 Tax Commission.