SHOCKING: Average earner would have paid around 174 less in tax next year before u turn - What They Never Told You

An average UK earner on a £30,000 salary will lose a £174 boost that would have come next year if plans to cut the basic rate of income tax to 19% had gone ahead, according to analysis.

However, they will still be around £218 better off due to the scrapping of the 1.25 percentage point increase in national insurance (NI), which has been kept in place, according to wealth managers Quilter.