Jeremy Hunt pledges further national insurance cut in the autumn ‘if we can afford it’ – By Sky News (Jennifer Scott) / May 17, 2024
The chancellor also insists taxes will come down if the government wins the next election, but cannot give a “cast-iron guarantee” on the timing.
Jeremy Hunt has pledged to cut national insurance again in the autumn “if we can afford” it.
The chancellor has lowered the tax twice since he entered Number 11, which the government says has saved people an average of £900 a year.
But speaking at an event in London on Friday, he said “we’re not stopping there”, adding: “If we can afford to go further to responsibly reduce the double tax on work this autumn, that is what I will do.
“We make no apology for wanting to keep cutting the double tax on work until it’s gone, but only when we could do so without increasing borrowing and without cutting funding for public services or pensions.”
