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- Britain's finance minister Rishi Sunak is preparing to cut income tax by 2 pence in the pound or to slash rates of Value Added Tax (VAT) before the next election, The Times reported on Friday. Sunak has told officials to draw up detailed plans to reduce the tax burden, with a third option to cut inheritance tax also under consideration, The Times said. His preference is said to be an

Reuters

United Kingdom

UK's Sunak preparing to cut income tax or slash VAT before next election

The Chancellor has ordered Treasury officials to draw up options to reduce the tax burden.

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The Independent

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Rishi Sunak calls for blueprint for tax cuts before next election

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RISHI SUNAK is reportedly planning to slash income tax by 2p in the pound before the next general election in a bid to end his reputation as a "high income" chancellor.

Daily Express

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‘Disciplined on spending’ Rishi Sunak plans to slash income tax by 2p before next election

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Britain's finance minister Rishi Sunak is preparing to cut income tax by 2 pence to the pound or to slash rates of Value Added Tax (VAT) before the next election, The Times reported https://bit.ly/3xRxm9S on Friday. Read More

Financial Post

Leon Cooperman

Allianz

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UK's Sunak plans to cut income tax or slash VAT before next election

Rishi Sunak is preparing to cut income tax by 2p in the pound or to slash VAT rates before the next election, The Times has learnt. The chancellor has told off

The Times

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Rishi Sunak’s plan to slash taxes

Chancellor Rishi Sunak has issued a fresh signal of his determination to cut taxes ahead of the next general election amid concern among Tory MPs at the rising burden on the taxpayer.

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Chancellor Rishi Sunak calls for blueprint for tax cuts before next general election

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UK's Sunak preparing to cut income tax or slash VAT before next election -The Times By Reuters

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Treasury officials to review options for reducing the tax burden. Measures could include a 2p cut in the basic rate of income tax. Tax burden is set to rise to its highest level for 70 years. Aim would be to deliver cuts ahead of the next general election, currently due in 2024.

UK's Sunak preparing to cut income tax or slash VAT before next election

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