Despite the date, this one isn't an April Fool. (It's after 12 noon BST and anyone who knows the tradition understands that you can only post April Fool statements in the morning.) Today, several tax changes will come into force to support families with their finances as we continue delivering on our plan to halve inflation, grow the economy and reduce debt.
- Inflation is the number one enemy that makes everyone poorer and eats away at family’s budgets, which is why the Conservatives are committed to halving it by the end of the year as we help families now.
- Today, several changes will come into force to relieve pressure on families including boosting the National Living Wage, uprating benefits in line with inflation, freezing fuel duty, extending the Household Support Fund, and cutting business rates for small businesses.
- As the government continues with the priorities to halve inflation, grow the economy, and reduce debt, these changes will help people immediately.