Budget Brings Tax Cuts Alongside Levies on Wealthy and Polluters
• Cuts to national insurance contributions for employees and the self-employed
• Reduction in higher rate property capital gains tax from 28% to 24%
• Abolition of 'non-dom' tax status for foreign nationals living in the UK
• Increases in air passenger duty for non-economy class travelers
• Extension of windfall tax on UK oil and gas profits to 2029