ParliamentGuest User

Andrea Leadsom Welcomes Autumn Statement 2023

ParliamentGuest User
Andrea Leadsom Welcomes Autumn Statement 2023

As Conservatives, we know that to increase productivity we must increase investment and provide better incentives to work. A massive congratulations to Chancellor Jeremy Hunt for:

  • Cutting the headline rate of National Insurance for all working people from 12% to 10%.

  • Reducing Class 4 NICs for the self employed from 9% to 8%, and abolishing Class 2 altogether.

  • Making full expensing permanent, part of the largest tax cut for businesses in British history.