Kwasi Kwarteng announces sweeping tax cuts in mini-budget

Chancellor scraps top 45% rate of income tax and cuts stamp duty

Kwasi Kwarteng’s mini-budget: key points at a glanceLive updates: Kwasi Kwarteng announces mini-budget

Cuts to the top rate of tax, national insurance, and stamp duty were announced by the government.

A 1p tax cut planned in the basic rate of income tax for 2024 will be brought forward to 2023, and the top rate of 45% is being scrapped, so the highest rate will be 40%.

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kwasi kwarteng announces sweeping

@antje_wiener

Kwarteng scraps top 45% rate of income tax and cuts stamp duty. Office for Budget Responsibility (OBR) which provid… https://t.co/QGmxjzBVin

Posted on: 2022-09-30 01:51

@daveRessex

@Mike_Fabricant Why are you ignoring #kwarteng’s £45bn of unfunded #tax cuts - that ‘spooked’ the markets, plus the… https://t.co/egdRLLRBlA

Posted on: 2022-09-29 22:01

@alanbullion2

Kwarteng scraps top 45% rate of income tax and cuts stamp duty https://t.co/S1xhQ8Lx0l

Posted on: 2022-09-29 21:42

@zhalli1

RT @UrbanWronski: They might not all get the benefits of high-income tax cuts, but everyone in Britain right now is feeling the impact of t…

Posted on: 2022-09-29 13:45

@UrbanWronski

They might not all get the benefits of high-income tax cuts, but everyone in Britain right now is feeling the impac… https://t.co/d7jUJWZgQ8

Posted on: 2022-09-29 10:13

@ShelaghTaylor1

RT @enile: @D_Burgherr @arunadvaniecon @Summers_AD Ref: “The Treasury acknowledged after the budget that about 660,000 of the highest earne…

Posted on: 2022-09-28 05:36

@dragonlord371

RT @TheFuturizts: Sources for further reading: i) https://t.co/3IVR857Eso ii) https://t.co/uiIH9GYraj iii) https://t.co/Hap24KpNYK iv) htt…

Posted on: 2022-09-27 17:06

@kw1330

RT @enile: @D_Burgherr @arunadvaniecon @Summers_AD Ref: “The Treasury acknowledged after the budget that about 660,000 of the highest earne…

Posted on: 2022-09-27 14:16

@enile

@D_Burgherr @arunadvaniecon @Summers_AD Ref: “The Treasury acknowledged after the budget that about 660,000 of the… https://t.co/6cIecNYnxA

Posted on: 2022-09-27 08:50

@Andrew70265613

@ItsChillyUpHere @markldevilliers @Peston Your figures are completely wrong. Institute for Fiscal Studies, said th… https://t.co/aaeS5I0ZJY

Posted on: 2022-09-27 07:03

@carvajalatl

Kwarteng scraps top 45% rate of income tax and cuts stamp duty. https://t.co/kQJqyTVCHr

Posted on: 2022-09-27 01:49

@BillWard60

RT @lifesabitch_2: https://t.co/k5DTjfY6tW Hurrah. A proper Conservative budget at last. 660K of the highest earners (over £150k) will each…

Posted on: 2022-09-26 12:10

@toujoursTat

RT @Pekka_Reinio: UK Neoliberal class warfare: Truss & Kwaerteng facing accusations of a “class war” with mini-budget that rewards the rich…

Posted on: 2022-09-25 21:43

@RiseScots

RT @RiseScots: Kertwang signals the start of the revolution. https://t.co/xgqTxVcRiE

Posted on: 2022-09-25 14:46

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