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.

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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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