How Hunt’s Budget can affect you – according to someone you can trust
We’re learning that much of what Jeremy Hunt said in his Budget statement is not true – so it’s good to have a comment on it from someone we know we can trust: Money Saving Expert, Martin Lewis.
Here he is:
The most important aspect of this is that employees earning between £12,500-£26,000 are likely to be slightly worse-off because of frozen tax thresholds; if you earn that much, you’ll pay more tax.
Also good is the Child Benefit threshold change, which Mr Lewis discusses in depth as he was instrumental in bringing it about.
And debt relief orders: the charge of £90 is being abolished, meaning people who wanted to deal with their debts but couldn’t find the money to do it will now be able to. That’s a Citizens Advice campaign that has been heard.
So there it is. You can refer to the video clip for other details. The rest of Hunt’s speech – as far as you’re concerned – was noise.
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