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Evening Standard
Evening Standard
World
Nicholas Cecil

Jeremy Hunt rakes in £40 billion more in income tax and NI as stealth taxes hit millions of workers, experts say

Jeremy Hunt Income Tax Office for Budget Responsibility the Office for Budget Responsibility Hargreaves Lansdown Insurance

The Chancellor raked in £40 billion more in income tax and national insurance as stealth taxes hit millions of workers, experts warned on Tuesday.

Financial firm Hargreaves Lansdown said receipts from PAYE Income Tax and NIC1 (National Insurance) for April 2022 to March 2023 hit £378.2 billion.

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