itemprop=description content=The Resolution Foundation said taxpayers are set to pay £40 billion a year by 2028.
The UK is on course to see its biggest tax rise in at least 50 years as a result of the freeze on personal thresholds and soaring inflation, according to new analysis.
The Government’s policy is to keep income tax and national insurance thresholds frozen until 2028, meaning many will be pulled into higher tax bands. It comes as Mr Hunt ruled out sizeable tax cuts this year amid Tory calls for a pre-election giveaway at the Conservative Party conference.
Danmark Seneste Nyt, Danmark Overskrifter
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