Watch Martin Lewis’s appraisal of Jeremy Hunt’s Budget
He was name-checked by Jeremy Hunt in his Budget statement on Wednesday, and Martin Lewis went on to provide an instant response to it after the Chancellor sat down.
Here it is:
For me – and for Mr Lewis, it seems – the interesting aspect was one that Hunt didn’t mention in his speech. MoneySavingExpert.com discusses it as follows:
The maximum annual tax-free amount you can save into a pension once you’ve taken money out of it will rise from £4,000 to £10,000 from 6 April. Meanwhile, the amount you can save into your pension tax-free each year is also set to rise, as is the amount you can save into pensions over a lifetime.
You can find out more about that in the MoneySavingExpert article.
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