What is the current threshold for National Insurance contributions before the change?
2024 Budget: What you need to know
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The video discusses upcoming changes to tax rates, specifically increasing the rate by 1.2 percentage points to 15% starting April 2025. It also mentions reducing the secondary threshold from 9100 lbs to 5000 lbs annually. Additionally, the speaker assures that there will be no increases in National Insurance, VAT, or income tax.
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What are the three types of taxes mentioned that will not be increased?
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