The Latest Breaking News from National Insurance

The £35billion package included the abolition of the top rate of income tax, a cut in the basic rate, a reduction in stamp duty, the cancellation of the National Insurance increase and the scrapping of the rise in corporation tax from 19pc to 25pc

Millions of households are set to benefit from the tax cuts

Martin Lewis issued an important update to anyone who pays National Insurance and those on low incomes after Chancellor of the Exchequer Kwasi Kwarteng announced the mini-budget.

The Sweet Sixteen Actor has taken to social media to slam the upcoming tax changes that was announced by the Chancellor of the Exchequer on Friday in the mini-budget.

This is a Budget for the rich - with £1m earners getting £55,000 while £25k earners get £283. We take you through all the ways the Income Tax, National Insurance, Stamp Duty and other tax cuts help the better-off

The Chancellor announced cuts to Income Tax, National Insurance and stamp duty in a series of new measures

The Chancellor said scrapping the rise will reduce tax for many businesses

The Mirror has pulled together a new calculator to highlight some of the key changes revealed today - including a reversal of the National Insurance hike and a 1p cut in Income Tax

Kwasi Kwarteng has delivered his Mini-Budget in the House of Commons, with changes to Income Tax, National Insurance and the benefit system all confirmed this morning

The Chancellor announced a series of tax cuts as the cost of living crisis rages on, but the measures drew criticism from Labour as benefitting the richest

Someone on £20,000 a year will get an extra £167.18 a year. A person on £200,000 will save over £5,000 a year in tax.