I have just caught up with the Chancellor immediately after listening to the Spring Budget being delivered, he set out measures that are going to have direct benefits for my constituents in Broxtowe.
- Alcohol Duty will remain frozen until February 2025, benefiting our brilliant pubs in Broxtowe!
- The Fuel Duty Freeze is being maintained for another 12 months.
- The Oil and Gas windfall tax is being extended to 2029.
- VAT registration threshold upped from £85,000 to £90,000.
- National Insurance is being cut – allowing individuals to keep more of their hard earned income.