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The Guardian - UK
The Guardian - UK
Politics
Jasper Jolly

Kwasi Kwarteng mulls more beneficial tax cuts for high earners

A return of tax-free allowance for those earning more than £100,000 a year is reportedly among changes being considered by Kwasi Kwarteng.
A return of tax-free allowance for those earning more than £100,000 a year is reportedly among changes being considered by Kwasi Kwarteng. Photograph: Dylan Martinez/Reuters

The government is considering a series of further tax cuts that could hand thousands of pounds to high earners, shortly after it announced the biggest giveaway in 50 years.

Plans under consideration could include bringing back a tax-free allowance for workers paid more than £100,000 a year, and lifting the amount pensioners can save before taxes kick in, the Sunday Telegraph reported.

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