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5 days ago · Getty Images. Rachel Reeves had a different definition. Working people are "strivers who graft", according to the chancellor. She wrote in the Sun on Sunday that her Budget was for "hardworking ...
5 days ago · By Marc Shoffman. published 28 October 2024. in Analyses. The government has raised fears over who will be hit by tax rises in the Budget this week as it struggles to define ‘working people ...
2 days ago · This means married couples can still pass on up to £1million inheritance tax-free Pensioners avoided a cut to the 25 per cent pension tax-free lump sum they can take from their pots
The National Minimum Wages will increase for everyone from April 2025. If you’re aged 21 or over, it will increase from £11.44 to £12.21 an hour. If you’re aged 18 to 20 years, it will increase from £8.60 to £10 an hour. If you’re an apprentice or you’re 16 or 17 years old, it will increase from £6.40 to £7.55 an hour.
2 days ago · It means: The National Living Wage, for employees aged 21 and over, will rise from £11.44 an hour, to £12.21. If you are aged 18, 19 or 20, the National Minimum Wage will go up from £8.60 an ...
4 days ago · 'Working people will not see higher taxes in their payslips as a result of the choices I make today. That is a promise made – and a promise fulfilled.'
3 days ago · And on October 30, 2024, the autumn budget was announced. Chancellor Rachel Reeves set out her seven main priorities as follows: 1 - Restore economic stability. 2 - Increase investments and build new infrastructure. 3 - Ensure all parts of the UK can realise their potential. 4 - Improve employment prospects and skills.
