Hunt's Budget Announcement in the UK: Tax and Expenditure Decisions.
"Pensioners, business people, teachers, nurses, and many others are worried about the future," Hunt said. So today we're announcing a plan to tackle the cost of living, tackle the crisis, and rebuild our economy. Our priorities are stability, revenue generation, and public service. We also protect the weak. Because to be British is to be compassionate. It is a sympathetic conservative government .'
The budget has set a target of £1,400 crore in revenue next year. The new budget introduced tiering of income tax and lowered the ceiling for high taxable income. As a result, more people now have to pay higher taxes.
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It was already assumed that Britain will be in an extreme financial crisis due to the Brexit issue. After two consecutive years of the outbreak of the Corona epidemic, when the world economy has just started to turn around, Russia's attack on Ukraine created a global recession. Much of the influence of Bessel Britain.
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