NURSES and teachers will get a £600 cash boost after Jeremy Hunt slashed taxes in his Autumn Statement
The Chancellor cut Employee National Insurance by 2% to 10%, putting cash in the pockets of 27million people.
He said that the measure will save hard-working NHS nurses around £500 a year.
Hunt said: "For the average nurse, it is a saving of over £520 and for the typical police officer it is a saving of over £630 every single year."
A senior nurse with 5 years of experience on £42,618 will receive an annual gain of £600, the Treasury said.
And an average full-time nurse on £38,900 will receive an yearly boost of over £520.
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The Chancellor today unleashed long-awaited tax cuts in a bumper package to save hard-pressed Brits and turbocharge the economy.
In his Autumn Statement Jeremy Hunt announced:
- The biggest ever price hike for tobacco products
- A major win for The Sun's Save Our Sups campaign with alcohol duty frozen
- A major benefit change for renters on Universal Credit
- A £10,000 energy bill discount for Brits living near pylons
- A £350 income boost for self-employed workers
- A £470 payment boost for millions on Universal Credit
- Millions will be stripped of benefits under harsh new rules
- Nurses will save £500 in a personal income tax cut
- No fuel duty hike in huge relief for drivers
After months of restraint the Chancellor finally pulled the trigger on tax relief for millions of workers and businesses through sweeping National Insurance reductions.
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He also handed businesses massive relief to form the “biggest package of tax cuts since the 1980s”.
Drinkers and pub bosses are also toasting the Autumn Statement as alcohol duty remains frozen in a win for the Sun’s Save Our Sups campaign.
And those on the lowest pay are in line for a cash boost with the minimum wage, benefits and the state pension given above-inflation hikes.
Rishi Sunak is desperate to drag the spluttering economy out of the doldrums and hand giveaways to voters ahead of next year’s election.
A defiant Mr Hunt told MPs: “After a global pandemic and energy crisis, we have taken difficult decisions to put our economy back on track.”
A Downing Street spokesman added: "The Chancellor said that his statement was one that backs business and rewards workers to get Britain growing."
How much will you save?
Here’s how much the Treasury says different frontline workers will save:
- Senior nurse – £600
- Nurse – £520
- Police officer – £630
- Junior doctor – £750
- Cleaner on night shifts – £170
- Self-employed plumber – £410
- Teacher – £630
- Family with two working parents – £900
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