UK govt to reverse payroll tax increase

UK finance minister Kwasi Kwarteng says a 1.25 percentage point increase in payroll tax which came into force earlier this year will be reversed from November 6. Kwarteng is due to make a fiscal statement on Friday, effectively a mini-budget, which is expected to set out new Prime Minister Liz Truss’ pro-growth agenda following her election […]

This post was originally published on Michael West.