Change in annual tax from pre-spring
budget measures*
After 2p cuts to NIC in January and April
£3,000
Overall reduction
in tax liability by
2027-28
2,000
1,000
More
tax
0
Less
tax
-1,000
£0
20,000
40,000
60,000
Annual income
Change in annual tax from pre-spring budget measures*
After 2p cuts to NIC in January and April
£3,000
Overall reduction in
tax liability by 2027-28
2,000
1,000
0
More tax
Less tax
-1,000
£0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Annual income