Nurses to save £500 a year as Jeremy Hunt slashes personal income taxes

NURSES will save £500 a year after Jeremy Hunt slashed personal income taxes in his Autumn Statement.

The Chancellor cut Employee National Insurance by 2% to 10%, putting cash in the pockets of 27million people.

PA

Jeremy Hunt vowed to put £500 a year in nurses’ pockets[/caption]

He said that the measure will save hard-working NHS nurses around £500 a year.

Jeremy Hunt today unleashed long-awaited tax cuts in a bumper package to save hard-pressed Brits and turbocharge the economy.

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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 £192 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

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After months of restraint the Chancellor finally pulled the trigger on tax relief for millions of workers and businesses through sweeping National Insurance reductions.

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.”