Hunt on UK Taxes: `Asking More From Those Who Have More'

The video addresses the UK's economic challenges, including high inflation and a recession. It outlines a plan to tackle the cost of living crisis and forecasts GDP growth and decline over the next few years. Key tax decisions include reducing the 45 P rate threshold and maintaining current tax-free allowances. Reforms on unearned income involve cutting dividend and capital gains tax allowances.

What is the forecasted inflation rate for the UK next year?

• 9.1%

• 1.4%

• 7.4%

• 4.2%

How much more tax will individuals earning £150,000 or more pay annually due to the new tax threshold?

• £1,000

• £2,000

• £1,500

• £1,200

Until what year are the current tax-free allowances maintained?

• 2028

• 2026

• 2027

• 2025

What will the dividend allowance be reduced to in April 2024?

• £2,000

• £1,000

• £500

• £300

What is the new annual exempt amount for capital gains tax starting April 2024?

• £12,300

• £6,000

• £3,000

• £1,500