Around 27 million people will get a tax cut because the main rate of employee National Insurance will be slashed by two percentage points, from 12% to 10%.
The Prime Minister said: “We have made tough decisions on the economy, supporting people through global shocks such as the pandemic and Putin’s illegal invasion of Ukraine. It is because of the tough decisions this government has taken that today we are able to cut taxes for 27 million people across the UK.
“Today’s tax cuts will directly reward hard-working people, putting £450 back in the pocket of the average worker and helping them make ends meet.”
An average full-time nurse will save £520, a typical junior doctor £750 and an average teacher £630.
Chancellor Jeremy Hunt announced the biggest package of tax cuts to be implemented since the 1980s at the autumn statement.
Mr Hunt said: “With inflation halved, we’ve turned a corner and are cutting taxes – starting with today’s record cut to National Insurance worth nearly £1,000 for a household.
“From nurses and brickies to cleaners and butchers, 27 million hard-working Brits will have a little more cash in their pockets.”
Mr Sunak told how no one wants to see children grow up in poverty during a visit to the North West.
His comments were in response to a suggestion from a Tory backbencher that “crap parents” are to blame in many struggling families.
Bury North MP James Daly faced criticism over Christmas for suggesting most children who struggle in the town are “products of crap parents”.
Asked about the remark by broadcasters, Mr Sunak said: “No one wants to see any child grow up in poverty. I certainly don’t.
“The best way we can help families is to make sure that those parents are in great jobs and are well-paid and that we are cutting their taxes.
“That is exactly what we are doing.”
Asked what causes child poverty, Mr Sunak said: “All the evidence and the research shows that the best way to ensure that children don’t grow up in poverty is to make sure that they are not growing up in a household where no one is working.”
The Prime Minister added: “A child where neither of their parents are working are five times more likely to grow up in poverty.
“That is why it is important we keep getting inflation down, managing the economy well and then cutting people’s taxes.
“The economy has turned a corner and I am keen to keep making more progress.”
