The government’s fiscal watchdog accidentally published its full scorecard for the Budget before the Chancellor delivered her speech.
In an unprecedented error, the Office for Budget Responsibility released its full report on the government’s fiscal plans for the year ahead, include officials of evaluation every policy set to be announced at the Budget.
The plans reveal the Chancellor will raise taxes by £26bn, leaving an overall fiscal headroom of £22bn and taking the total tax burden to 28 per cent of GDP.
Headline measures confirmed in the document include:
Income tax thresholds frozen until 2030
Gambling duties hiked on betting companies
A new mileage-based tax on battery-powered and hybrid cars
A mansion tax on properties worth over £2m
A freeze to fuel duty
and applying National Insurance on salary sacrificing pensions
This is a breaking news and will be updated