close
close

Workers’ tax and National Insurance ‘won’t change’ in Budget, says minister – Irvine Times

The minister said this included things like “general income tax and national insurance”.

Pat McFadden, chancellor of the Duchy of Lancaster, told Times Radio: “It’s important when people see their slips after the Budget, these key things they should be looking for: the level of tax – income tax and national insurance – on their slip in their salaries, this will not change after Wednesday.

He also said Wednesday’s budget would be the “fairest” for “several years”.

Mr McFadden said: “There is no point in telling people that everything is absolutely fine when the prison system is in a state of collapse, when NHS waiting lists are at record highs, when we have crumbling schools.

“There are so many wrongs that we need to fix and it is important that this is brought out honestly and openly to the public.

“I think we’re going to have the fairest budget on Wednesday that we’ve had in a number of years.”

When will the 2024 Autumn Budget take place?

The Autumn Budget 2024 will take place on Wednesday 30 October shortly after 12.30pm. This is expected to last about an hour.

The last budget was held under the previous government and was held during the last parliament on 6 March 2024.

UK Chancellor Rachel Reeves is expected to present a UK Chancellor Rachel Reeves is expected to present a “stringent” budget this autumn (Image: PA)


Recommended reading:


How to watch the autumn budget

Those wishing to watch this year’s Autumn Budget can do so on the BBC website and BBC News. It will also be available for streaming on Parliament TV.

The Budget will be presented by Chancellor Rachel Reeves, with the first phase of the statement usually starting with an overview of the nation’s finances before setting out government proposals.

Leave a Reply

Your email address will not be published. Required fields are marked *