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Fix note about Income Tax in Autumn Statement post #876

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merged 1 commit into from
Nov 23, 2023

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@MaxGhenis MaxGhenis commented Nov 23, 2023

Fixes #875 and updates a few numbers

🤖[deprecated] Generated by Copilot at 9cb3936

Summary

📝📊🇬🇧

This pull request corrects and updates the autumn-statement-2023.md post with the latest tax and benefit data. It enhances the PolicyEngine app's ability to provide timely and reliable policy analysis.

Sing, O Muse, of the valiant code reviewers
Who fixed the typo in the basic_rate of tax
And updated the PolicyEngine with new data
From the UKMOD model, source of truth and facts

Walkthrough

  • Corrected the basic rate of Income Tax from 19p to 20p to match the OBR projection for 2023-24 (link)
  • Updated the PolicyEngine estimates for the cost and distributional impact of abolishing Class 2 NICs based on the latest UKMOD model (link)

@MaxGhenis MaxGhenis merged commit dec35e1 into master Nov 23, 2023
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@MaxGhenis MaxGhenis deleted the MaxGhenis/issue875 branch November 23, 2023 19:12
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Fix note about Income Tax in Autumn Statement post
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