THE Budget has been accidentally published early revealing a £26 billion tax hike, according to an official report.
The Office for Budget Responsibility’s (OBR) report on the chancellor’s budget was released online earlier than planned in a massive blunder.
The document, which analyses policies taken by Rachel Reeves, revealed a £26 billion tax hike.
The report would normally only be released after the chancellor has finished speaking, and already outlined all the measures of the budget.
It also revealed that the two-child benefit cap has been removed, according to the official forecaster.
It estimates this will cost £3billion by 2029-30.
Meanwhile, the chancellor has frozen income tax thresholds for an additional three years, despite saying last year that to do so would “hurt working people”.
In the lengthy document, it says: “A set of personal tax changes which increase receipts by £14.9 billion in 2029-30, including: freezing personal tax and employer National Insurance contributions (NICs) thresholds for three years from 2028-29, which raises £8.0 billion.”
But the full document is already available to read online now.
