
Officials discussing:
- raising income tax, VAT, national insurance
- freezing public sector pay for 2 years
- scrapping pensions triple lock https://twitter.com/gordonrayner/status/1260299297519800330
Among proposals already costed in documents presented to the Chancellor:
- Officials have calculated that a two-year freeze on public sector pay could save the government about ÂŁ6.5bn in 2023-24
- Putting up basic income tax rate from 20% to 21% would raise about ÂŁ5bn a year
- Officials have calculated that a two-year freeze on public sector pay could save the government about ÂŁ6.5bn in 2023-24
- Putting up basic income tax rate from 20% to 21% would raise about ÂŁ5bn a year