Four-year freeze to income tax thresholds
Basic rate income tax 1p cut
National insurance threshold increase
Abolishing 45p rate of income tax
Total effect of tax changes
£3,000
2,000
1,000
0
-1,000
-2,000
-3,000
40
80
120
160
200
0
Gross earnings, thousands of pounds
Four-year freeze to income tax thresholds
Basic rate income tax 1p cut
National insurance threshold increase
Abolishing 45p rate of income tax
Total effect of tax changes
£3,000
2,000
1,000
0
-1,000
-2,000
-3,000
20
40
60
80
100
120
140
160
180
200
0
Gross earnings, thousands of pounds