Claim: Budget measures mean millionaires will pay the same income tax as those on £50k, bankers can earn unlimited bonuses and big business owners face lower corporation tax than expected.
Fact-check: Policies highlighted in Facebook Reels post were not part of latest Budget - Full Fact
Verdict: this is out of date. none of these policies featured in the most recent budget. they did all feature in the 2022 'mini-budget', but the removal of the cap on bankers' bonuses was the only one actually implemented.
Organisation: Full Fact
Author: Hannah Smith
Date published: 2024-03-25T00:00:00