UK Chancellor Rishi Sunak’s plans to cut the basic rate of income tax by 2p in 2024/25 is nothing but “smoke and mirrors” as the government makes it first moves towards the next General Election, tax and advisory firm Blick Rothenberg has warned.
Nimesh Shah, chief executive at the firm, said that whilst Mr Sunak wanted to be "a transformational Chancellor", the proposals to reduce basic rate income tax, if they are taken forward, "will do nothing to ref...