Our Spring Statement cuts taxes and helps tackle the cost of living 
Fuel duty cut by 5p
NI threshold up, saving £330/yr
£1bn Household Support Fund
0% VAT on home insulation
Basic Income Tax cut to 19p from 2024
£9.50 p/h Living Wage boost next week
We're cutting taxes for hardworking people:
Matching NICs and Income Tax thresholds so you don't pay tax on the first £12,570 you earn
Cutting fuel duty by 5p a litre
Cutting taxes for business
Reducing the basic rate of income tax to 19% in 2024, a cut for 30m people
Times are tough, but a strong plan from Rishi Sunak to ease the cost of living.
#SpringStatement2022
