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A 360-Degree View of AAV Production

In this roundtable discussion, four experts from academia and industry met to discuss challenges in refining and scaling up AAV production pipelines to meet the increasing demand for these indispensable viral vector delivery systems.
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Adeno-associated virus (AAV) has emerged as the most flexible and useful vector for gene therapy. With hundreds of gene therapy trials ongoing, safe and efficient production of AAV is absolutely critical.

In this roundtable discussion, four experts from academia and industry met to discuss challenges in refining and scaling up AAV production pipelines to meet the increasing demand for these indispensable viral vector delivery systems.

We thank Nicole Paulk, PhD, Assistant Professor, Biochemistry and Biophysics at the University of California, San Francisco, Mats Lundgren, PhD, Customer Applications Director at Cytiva, Uppsala, Sweden, Magnus Gustafsson, PhD, Head of Global Business Development at Biovian, Stockholm, Sweden, and Daozhan Yu, PhD, President and CEO at AAVnerGene, Maryland, for participating in this important conversation.

 

Q1. AAV has emerged as a leading vehicle for gene delivery. What are the opportunities and challenges that come with this viral vector?

Nicole Paulk, PhD
Assistant Professor, Biochemistry and Biophysics
UC San Francisco

Paulk: The biggest opportunities are to expand beyond what we are currently doing, using AAV as a genomic medicine delivery tool in rare and ultra-orphan monogenic indications. I’m beginning to hear more about expanding into polygenic disorders and disorders with more complex etiology. Expanding our treatment world to reach more patients and the challenges that come with it—that’s where the greatest opportunity lies. We still need to learn more about things like safe dosing at high doses when we’re trying to get to tissues throughout the body. Then there’s the ever-present problem—manufacturing: can we make enough to treat every patient on the planet if we were to go after something like diabetes or congestive heart failure?

Lundgren: The whole field is evolving. There are new serotypes being discovered or synthetic variants. There are more opportunities coming up, but manufacturing is difficult, especially at high doses.

Gustafsson: If we look at the approval of the first antibody 40 years ago, we were talking about mouse antibodies made from hybridoma cells. Today, we have transgenic mice expressing human antibodies. And somewhere in between, we have chimeric and humanized antibodies. With time, the mAb titers have gone up, and you can do so much more with these drugs. They have revolutionized the world. AAV has just started to make an impact. Today, transfection is probably the fastest way to make AAV, but it’s not the cheapest, the most robust, or the safest. There will be more technologies making an impact on manufacturing. Technology innovation will be the driver for this, not the drugs themselves.

Yu: We have so many opportunities, not only treating rare diseases with AAV but also many common diseases like diabetes, Alzheimer’s, aging, and even COVID-19. Replacing the gene of interest and the capsid, you can make a new drug. The potential is unlimited. Manufacturing will be a problem for a long time as so many gene therapy companies are emerging that need a lot of AAV. However, some gene therapy companies think that AAV is so safe that you can arbitrarily increase the dose. Last year, the FDA put a hold on several clinical trials, mostly related to manufacturing problems. Many are using very high doses. Several patients have died from high-dose AAV treatments. That poses a great challenge that may delay or even ruin the field. High-dose risk is a major problem. Our focus is not just to increase the production mass but to increase production efficiency.

 

Q2. Manufacturing large quantities of viral vectors remains a challenge. We hear of long wait times to get AAV. How is this manufacturing gap being addressed? What recent innovations in the AAV production pipeline help reduce production timelines?

Paulk: Right now, we largely address this by thinking in the short term because we’re desperate! We have patients waiting and folks who have programs to start. In the short term, you build more facilities with more bioreactors so that you can meet the demand. But folks are starting to think more in the long term. We’ve put the BAND-AID over the wound, but now what do we need to do in the long term? That’s going to require a wholesale reimagining of what it means to make AAV. That will likely require us to stop producing it like it’s a monoclonal antibody (mAb).

Lundgren: Every CMO and CDMO is trying to build up capacity, but that doesn’t mean all companies have the expertise and experience. It is important to select CDMOs that are credible and have the right expertise. We have a good example from Biovian here today. When it comes to the process, there will be tremendous improvements: producer cell lines where you will have constitutive expression, improvements in how you grow the cells, and in how you increase the amount of virus. Everyone is trying to increase the proportion of full capsids. Downstream, there will be improvements in purification—how can you purify the full capsids, formulate the material, stabilize it?

Gustafsson: This massive increase in demand is because there are more clinical trials. And that’s because AAV vectors work. We have higher dosing because companies choose systemic delivery over local administration and study larger patient populations. Different applications require vastly different amounts of vector. We need to have something to adjust for that massive difference. We also have a capacity crunch that is addressed by scaling up or scaling out—more reactors or bigger reactors. There is a financial crunch because someone has to pay for that. Massive bioreactors are just not feasible. You have a technology crunch. You need higher titer and more efficient vectors that are more specific for different tissues. And you have a time crunch. Cytiva has been instrumental for years in equipment for both mAbs and viral vectors. In technology development, academics are instrumental in giving us better tools.

Daozhan Yu, PhD
Daozhan Yu, PhD
President and CEO
AAVnerGene, Maryland

Yu: A lot of technology is being developed. Take the AAV manufacturing developed by my partner Dr. Wang. It gives very high yield of AAV and can be easily scaled up. We have borrowed a lot of technology from the antibody manufacturer. However, AAV manufacturing is more complex than small- and large-molecule manufacturing. As former FDA Commissioner Scott Gottlieb said, in AAV gene therapy we will focus more on product manufacture and quality itself. That is different from traditional drug development. You can always run more bioreactors and increase the volume, but scalability is not that easy. Many companies don’t have adequate expertise. We are still using plasmid transfection protocols where cells tend to aggregate. Some companies are developing new transfection reagents that work well.

 

Q3. What are the challenges to a scalable start-to-finish workflow?

Lundgren: Transient transfection is still very good, and it gives you high-quality material, but the problem is scaling up. Other systems are easier to scale up. The adenovirus system, for example, is brilliant when you can work with suspension cells. You can infect them with the adenovirus, and the adenovirus can then be removed in the downstream process. Producer cell lines will be coming, although it’s not as easy as it sounds. Since a lot of innovation is coming from academia, the technologies are inherently small scale. And some steps can be difficult to scale. For example, ultracentrifugation is difficult to scale up because you need to have enormous centrifuges, and it’s difficult to clean them. So, the trend now is to move away from ultracentrifugation and more into filtration and chromatography technologies. And there’s another reason for that—the safety aspects—to ensure that you can have a closed system, so you don’t have any cross-contamination. The way forward is closed and scalable systems and trying to increase titers, the purity, and the potency of the material.

Magnus Gustafsson, PhD
Magnus Gustafsson, PhD Head of Global Business Development, Biovian, Stockholm, Sweden

Gustafsson: We face this problem at Biovian. We have clients who start small scale and then want to go up to larger scale. As a CMO, we do what our clients tell us to do, but if we have a chance to develop a process, we try to go for suspension cultivation because it’s more scalable. We have selected Cytiva to be our provider. We have their scalable Xcellerex system, and we use their ÄKTA system for purification, which is also scalable. If you go for triple transfection, then you also must scale up plasmid manufacture. That becomes the bottleneck. You need huge quantities of plasmids to make virus. You could scale up with stable cell lines and use viral vectors to transduct your AAV. Purification is very important. It would be nice to have a disposable ultracentrifugation system that is serotype nonspecific. But it doesn’t exist yet. So, we go for chromatography, which is scalable.

 

Q4. Cost remains a pain point, particularly from the industrial point of view. How can AAV production be made more cost effective while maintaining rigorous safety standards?

Paulk: One of the main reasons AAV costs so much is because we dose so much. The best way to reduce price in the short term is to just reduce doses. To enable that, you’re going to need innovations around how to make these more potent so that you can give a lower dose. Beyond that, is the need to make an entirely new tissue culture media that costs 1/10,000th of what it costs now. This is the realm of much larger innovations that might take many years. In the short term, we can do things around finding capsids that produce slightly higher titers, finding methods to recover and retain more so as not to lose so much during the purification process, finding ways to have more full capsids from the beginning. In the long term, we will need a wholesale reimagining around how you can make AAV in a cell-free system, without plasmids, bioreactors, cells, or tissue culture media. Can you make this in a veritable test tube?

Mats Lundgren, PhD
Mats Lundgren, PhD Customer Applications Director Cytiva, Uppsala, Sweden

Lundgren: The biology will have a great impact if you can find something that is more potent. Then the costs come down. But in terms of processing, we can look at process intensification. For example, you can grow cells with perfusion systems, so you have more cells in the reactor and higher productivity per volume. We can try to develop platform-type purification processes that will not need to be adapted every time you switch to another virus. Supplies—how can we make cheaper media, better bioreactors? Trying to find scalable platform processes that are easy to implement while maintaining safety and efficacy is important. In the long term, you could go for cell-free production. Even though they are very small, these viruses are still much more complex than mAbs.

Gustafsson: We need to look at the platform with a holistic approach. There will not be one answer to fix everything. You have probably five things to address: the vector itself, the plasmids, cell lines, purification, and manufacturing systems. Today, we use plasmids as they are, but you can use nanoplasmids, minicircles, or rolling circle amplification. The plasmid has to be tailor-made both for the E. coli where it’s expressed and for the cell where it’s used. Or you can skip the plasmids and use transduction by a virus, such as baculovirus. You can use seed stocks. When it comes to cell lines, there are some 160 different HEK293 cell lines. You have to select one that is better than others. You have other cell lines too: CAP cell lines, PER.C6®, HeLa. There are stable cell lines and cell lines that claim they can export or secrete AAV out of the cell. If that technology is developed, you can have continuous production of AAV. We’re looking into suspension and adherent manufacturing systems, but a system for a continuous process that does not lyse cells is most important. Better, more, and serotype-nonspecific ligands or ion-exchange chromatography that can fish out full from empty capsids would be wonderful. Analytical tools to look at your process development and analyze the outcome are important. High-throughput electron microscopy with AI to make conclusions from your analysis would be wonderful.

Paulk: We assume that the list price for an AAV is based off production and process development. But there are also other costs. As an AAV gene therapy company, you have staff and clinical trial costs that get baked into what you choose to list. To reduce your list price, you can bring those costs down. All the work you put in up front matters. If you end up getting a clinical or preclinical hold—that’s time and cost you have to recoup. The more time you invest up front, either while you’re still in academia or right as you’re spinning it out, into determining the backbone, promoter, and inverted terminal repeats (ITRs) you want to use, the better.

 

Q5. How do you see academia and industry continuing to develop their communication and collaboration with regard to AAV production?

Paulk: We’re seeing more industry money coming into academia. But the danger is when you get money from industry there are often strings attached, where you either implicitly or explicitly feel the need to produce for that company with that money. To ensure that academics still have the freedom to research in any way they wish, to publish the results whether they’re positive or negative for your company, and to present that data—to make sure that we remove those conflicts of interest from it so that we don’t poison our own drinking water supply—is important.

Lundgren: It’s not good if you get money from us and we ask you to do contract research. Collaborations around scientific discussions about your pain points, what you foresee, could be good. Funding from industry is dangerous if you rely too much on it. We have collaborations with research institutes on manufacturing technologies—that works because we are not funding them but are working together. We can perhaps do large-scale productions for them to show their molecule works. As an industry, we can never solve biology questions. Analytics is an area where industry and academia could collaborate, but it is important to have the free academic spirit for innovations.

Gustafsson: It would be wonderful to have an academic/commercial initiative with open-source viral vector platform process development. Something like Linux, developed as an open-source student project. We have seen such collaborations in sequencing of the human genome. We are all fighting initial costs. It would be wonderful to have something to build on that is available for everyone.

 

Learn about Cytiva solutions for scalable AAV manufacturing info.cytivalifesciences.com/viralvector

The post A 360-Degree View of AAV Production appeared first on GEN - Genetic Engineering and Biotechnology News.

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former…

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former Project Veritas & O’Keefe Media Group operative and Pfizer formulation analyst scientist Justin Leslie revealed previously unpublished recordings showing Pfizer’s top vaccine researchers discussing major concerns surrounding COVID-19 vaccines. Leslie delivered these recordings to Veritas in late 2021, but they were never published:

Featured in Leslie’s footage is Kanwal Gill, a principal scientist at Pfizer. Gill was weary of MRNA technology given its long research history yet lack of approved commercial products. She called the vaccines “sneaky,” suggesting latent side effects could emerge in time.

Gill goes on to illustrate how the vaccine formulation process was dramatically rushed under the FDA’s Emergency Use Authorization and adds that profit incentives likely played a role:

"It’s going to affect my heart, and I’m going to die. And nobody’s talking about that."

Leslie recorded another colleague, Pfizer’s pharmaceutical formulation scientist Ramin Darvari, who raised the since-validated concern that repeat booster intake could damage the cardiovascular system:

None of these claims will be shocking to hear in 2024, but it is telling that high-level Pfizer researchers were discussing these topics in private while the company assured the public of “no serious safety concerns” upon the jab’s release:

Vaccine for Children is a Different Formulation

Leslie sent me a little-known FDA-Pfizer conference — a 7-hour Zoom meeting published in tandem with the approval of the vaccine for 5 – 11 year-olds — during which Pfizer’s vice presidents of vaccine research and development, Nicholas Warne and William Gruber, discussed a last-minute change to the vaccine’s “buffer” — from “PBS” to “Tris” — to improve its shelf life. For about 30 seconds of these 7 hours, Gruber acknowledged that the new formula was NOT the one used in clinical trials (emphasis mine):


“The studies were done using the same volume… but contained the PBS buffer. We obviously had extensive consultations with the FDA and it was determined that the clinical studies were not required because, again, the LNP and the MRNA are the same and the behavior — in terms of reactogenicity and efficacy — are expected to be the same.

According to Leslie, the tweaked “buffer” dramatically changed the temperature needed for storage: “Before they changed this last step of the formulation, the formula was to be kept at -80 degrees Celsius. After they changed the last step, we kept them at 2 to 8 degrees celsius,” Leslie told me.

The claims are backed up in the referenced video presentation:

I’m no vaccinologist but an 80-degree temperature delta — and a 5x shelf-life in a warmer climate — seems like a significant change that might warrant clinical trials before commercial release.

Despite this information technically being public, there has been virtually no media scrutiny or even coverage — and in fact, most were told the vaccine for children was the same formula but just a smaller dose — which is perhaps due to a combination of the information being buried within a 7-hour jargon-filled presentation and our media being totally dysfunctional.

Bohemian Grove?

Leslie’s 2-hour long documentary on his experience at both Pfizer and O’Keefe’s companies concludes on an interesting note: James O’Keefe attended an outing at the Bohemian Grove.

Leslie offers this photo of James’ Bohemian Grove “GATE” slip as evidence, left on his work desk atop a copy of his book, “American Muckraker”:

My thoughts on the Bohemian Grove: my good friend’s dad was its general manager for several decades. From what I have gathered through that connection, the Bohemian Grove is not some version of the Illuminati, at least not in the institutional sense.

Do powerful elites hangout there? Absolutely. Do they discuss their plans for the world while hanging out there? I’m sure it has happened. Do they have a weird ritual with a giant owl? Yep, Alex Jones showed that to the world.

My perspective is based on conversations with my friend and my belief that his father is not lying to him. I could be wrong and am open to evidence — like if boxer Ryan Garcia decides to produce evidence regarding his rape claims — and I do find it a bit strange the club would invite O’Keefe who is notorious for covertly filming, but Occam’s razor would lead me to believe the club is — as it was under my friend’s dad — run by boomer conservatives the extent of whose politics include disliking wokeness, immigration, and Biden (common subjects of O’Keefe’s work).

Therefore, I don’t find O’Keefe’s visit to the club indicative that he is some sort of Operation Mockingbird asset as Leslie tries to depict (however Mockingbird is a 100% legitimate conspiracy). I have also met James several times and even came close to joining OMG. While I disagreed with James on the significance of many of his stories — finding some to be overhyped and showy — I never doubted his conviction in them.

As for why Leslie’s story was squashed… all my sources told me it was to avoid jail time for Veritas executives.

Feel free to watch Leslie’s full documentary here and decide for yourself.

Fun fact — Justin Leslie was also the operative behind this mega-viral Project Veritas story where Pfizer’s director of R&D claimed the company was privately mutating COVID-19 behind closed doors:

Tyler Durden Tue, 03/12/2024 - 13:40

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Association of prenatal vitamins and metals with epigenetic aging at birth and in childhood

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging…

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“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

Credit: 2024 Bozack et al.

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

BUFFALO, NY- March 12, 2024 – A new research paper was published in Aging (listed by MEDLINE/PubMed as “Aging (Albany NY)” and “Aging-US” by Web of Science) Volume 16, Issue 4, entitled, “Associations of prenatal one-carbon metabolism nutrients and metals with epigenetic aging biomarkers at birth and in childhood in a US cohort.”

Epigenetic gestational age acceleration (EGAA) at birth and epigenetic age acceleration (EAA) in childhood may be biomarkers of the intrauterine environment. In this new study, researchers Anne K. Bozack, Sheryl L. Rifas-Shiman, Andrea A. Baccarelli, Robert O. Wright, Diane R. Gold, Emily Oken, Marie-France Hivert, and Andres Cardenas from Stanford University School of Medicine, Harvard Medical School, Harvard T.H. Chan School of Public Health, Columbia University, and Icahn School of Medicine at Mount Sinai investigated the extent to which first-trimester folate, B12, 5 essential and 7 non-essential metals in maternal circulation are associated with EGAA and EAA in early life. 

“[…] we hypothesized that OCM [one-carbon metabolism] nutrients and essential metals would be positively associated with EGAA and non-essential metals would be negatively associated with EGAA. We also investigated nonlinear associations and associations with mixtures of micronutrients and metals.”

Bohlin EGAA and Horvath pan-tissue and skin and blood EAA were calculated using DNA methylation measured in cord blood (N=351) and mid-childhood blood (N=326; median age = 7.7 years) in the Project Viva pre-birth cohort. A one standard deviation increase in individual essential metals (copper, manganese, and zinc) was associated with 0.94-1.2 weeks lower Horvath EAA at birth, and patterns of exposures identified by exploratory factor analysis suggested that a common source of essential metals was associated with Horvath EAA. The researchers also observed evidence of nonlinear associations of zinc with Bohlin EGAA, magnesium and lead with Horvath EAA, and cesium with skin and blood EAA at birth. Overall, associations at birth did not persist in mid-childhood; however, arsenic was associated with greater EAA at birth and in childhood. 

“Prenatal metals, including essential metals and arsenic, are associated with epigenetic aging in early life, which might be associated with future health.”

 

Read the full paper: DOI: https://doi.org/10.18632/aging.205602 

Corresponding Author: Andres Cardenas

Corresponding Email: andres.cardenas@stanford.edu 

Keywords: epigenetic age acceleration, metals, folate, B12, prenatal exposures

Click here to sign up for free Altmetric alerts about this article.

 

About Aging:

Launched in 2009, Aging publishes papers of general interest and biological significance in all fields of aging research and age-related diseases, including cancer—and now, with a special focus on COVID-19 vulnerability as an age-dependent syndrome. Topics in Aging go beyond traditional gerontology, including, but not limited to, cellular and molecular biology, human age-related diseases, pathology in model organisms, signal transduction pathways (e.g., p53, sirtuins, and PI-3K/AKT/mTOR, among others), and approaches to modulating these signaling pathways.

Please visit our website at www.Aging-US.com​​ and connect with us:

  • Facebook
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  • Instagram
  • YouTube
  • LinkedIn
  • Reddit
  • Pinterest
  • Spotify, and available wherever you listen to podcasts

 

Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.

 

Aging (Aging-US) Journal Office

6666 E. Quaker Str., Suite 1B

Orchard Park, NY 14127

Phone: 1-800-922-0957, option 1

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A beginner’s guide to the taxes you’ll hear about this election season

Everything you need to know about income tax, national insurance and more.

Cast Of Thousands/Shutterstock

National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many different ways we contribute to the cost of running the country. The budget announcement is the key time each year when the government shares its financial plans with us all, and announces changes that may make a tangible difference to what you pay.

But you’ll likely be hearing a lot more about taxes in the coming months – promises to cut or raise them are an easy win (or lose) for politicians in an election year. We may even get at least one “mini-budget”.

If you’ve recently entered the workforce or the housing market, you may still be wrapping your mind around all of these terms. Here is what you need to know about the different types of taxes and how they affect you.

The UK broadly uses three ways to collect tax:

1. When you earn money

If you are an employee or own a business, taxes are deducted from your salary or profits you make. For most people, this happens in two ways: income tax, and national insurance contributions (or NICs).

If you are self-employed, you will have to pay your taxes via an annual tax return assessment. You might also have to pay taxes this way for interest you earn on savings, dividends (distribution of profits from a company or shares you own) received and most other forms of income not taxed before you get it.

Around two-thirds of taxes collected come from people’s or business’ incomes in the UK.

2. When you spend money

VAT and excise duties are taxes on most goods and services you buy, with some exceptions like books and children’s clothing. About 20% of the total tax collected is VAT.

3. Taxes on wealth and assets

These are mainly taxes on the money you earn if you sell assets (like property or stocks) for more than you bought them for, or when you pass on assets in an inheritance. In the latter case in the UK, the recipient doesn’t pay this, it is the estate paying it out that must cover this if due. These taxes contribute only about 3% to the total tax collected.

You also likely have to pay council tax, which is set by the council you live in based on the value of your house or flat. It is paid by the user of the property, no matter if you own or rent. If you are a full-time student or on some apprenticeship schemes, you may get a deduction or not have to pay council tax at all.


Quarter life, a series by The Conversation

This article is part of Quarter Life, a series about issues affecting those of us in our 20s and 30s. From the challenges of beginning a career and taking care of our mental health, to the excitement of starting a family, adopting a pet or just making friends as an adult. The articles in this series explore the questions and bring answers as we navigate this turbulent period of life.

You may be interested in:

If you get your financial advice on social media, watch out for misinformation

Future graduates will pay more in student loan repayments – and the poorest will be worst affected

Selling on Vinted, Etsy or eBay? Here’s what you need to know about paying tax


Put together, these totalled almost £790 billion in 2022-23, which the government spends on public services such as the NHS, schools and social care. The government collects taxes from all sources and sets its spending plans accordingly, borrowing to make up any difference between the two.

Income tax

The amount of income tax you pay is determined by where your income sits in a series of “bands” set by the government. Almost everyone is entitled to a “personal allowance”, currently £12,570, which you can earn without needing to pay any income tax.

You then pay 20% in tax on each pound of income you earn (across all sources) from £12,570-£50,270. You pay 40% on each extra pound up to £125,140 and 45% over this. If you earn more than £100,000, the personal allowance (amount of untaxed income) starts to decrease.

If you are self-employed, the same rates apply to you. You just don’t have an employer to take this off your salary each month. Instead, you have to make sure you have enough money at the end of the year to pay this directly to the government.


Read more: Taxes aren't just about money – they shape how we think about each other


The government can increase the threshold limits to adjust for inflation. This tries to ensure any wage rise you get in response to higher prices doesn’t lead to you having to pay a higher tax rate. However, the government announced in 2021 that they would freeze these thresholds until 2026 (extended now to 2028), arguing that it would help repay the costs of the pandemic.

Given wages are now rising for many to help with the cost of living crisis, this means many people will pay more income tax this coming year than they did before. This is sometimes referred to as “fiscal drag” – where lower earners are “dragged” into paying higher tax rates, or being taxed on more of their income.

National insurance

National insurance contributions (NICs) are a second “tax” you pay on your income – or to be precise, on your earned income (your salary). You don’t pay this on some forms of income, including savings or dividends, and you also don’t pay it once you reach state retirement age (currently 66).

While Jeremy Hunt, the current chancellor of the exchequer, didn’t adjust income tax meaningfully in this year’s budget, he did announce a cut to NICs. This was a surprise to many, as we had already seen rates fall from 12% to 10% on incomes higher than £242/week in January. It will now fall again to 8% from April.


Read more: Budget 2024: experts explain what it means for taxpayers, businesses, borrowers and the NHS


While this is charged separately to income tax, in reality it all just goes into one pot with other taxes. Some, including the chancellor, say it is time to merge these two deductions and make this simpler for everyone. In his budget speech this year, Hunt said he’d like to see this tax go entirely. He thinks this isn’t fair on those who have to pay it, as it is only charged on some forms of income and on some workers.

I wouldn’t hold my breath for this to happen however, and even if it did, there are huge sums linked to NICs (nearly £180bn last year) so it would almost certainly have to be collected from elsewhere (such as via an increase in income taxes, or a lot more borrowing) to make sure the government could still balance its books.

A young black man sits at a home office desk with his feet up, looking at a mobile phone
Do you know how much tax you pay? Alex from the Rock/Shutterstock

Other taxes

There are likely to be further tweaks to the UK’s tax system soon, perhaps by the current government before the election – and almost certainly if there is a change of government.

Wealth taxes may be in line for a change. In the budget, the chancellor reduced capital gains taxes on sales of assets such as second properties (from 28% to 24%). These types of taxes provide only a limited amount of money to the government, as quite high thresholds apply for inheritance tax (up to £1 million if you are passing on a family home).

There are calls from many quarters though to look again at these types of taxes. Wealth inequality (the differences between total wealth held by the richest compared to the poorest) in the UK is very high (much higher than income inequality) and rising.

But how to do this effectively is a matter of much debate. A recent study suggested a one-off tax on total wealth held over a certain threshold might work. But wealth taxes are challenging to make work in practice, and both main political parties have already said this isn’t an option they are considering currently.

Andy Lymer and his colleagues at the Centre for Personal Financial Wellbeing at Aston University currently or have recently received funding for their research work from a variety of funding bodies including the UK's Money and Pension Service, the Aviva Foundation, Fair4All Finance, NEST Insight, the Gambling Commission, Vivid Housing and the ESRC, amongst others.

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