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Chancellor

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MoneySavingExpert.com founder Martin Lewis has grilled the Chancellor Jeremy Hunt on whether he'll fix the Carer's Allowance "cliff-edge" that causes people to lose their entitlement when they earn just a penny over the threshold. The interview took place just before the general election was called last week.
28 May 2024
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Workers will pay less in national insurance from 6 April, the Chancellor Jeremy Hunt has announced in today's Spring Budget. Around 29 million workers are set to benefit from the change, which will see contributions cut from 10% to 8% for employed workers and from 9% to 6% for self-employed workers.
6 March 2024
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In a blow to first-time buyers – and to MoneySavingExpert.com and its founder Martin Lewis's campaign – there were no changes to the rules on Lifetime ISAs (LISAs) announced in today's Spring Budget. However, while the news is "disappointing", Martin says a shake-up "isn't off the table".  
6 March 2024
Martin Lewis: How to get £1,000s free towards your first home
The Chancellor Jeremy Hunt has hinted help could be on the way for first-time buyers who face losing £1,000s of their own savings when withdrawing funds from Lifetime ISAs (LISAs) to buy homes above the scheme's property price limit. MoneySavingExpert.com (MSE) founder Martin Lewis challenged Mr Hunt over the issue during an interview in the latest episode of ITV's The Martin Lewis Money Show Live.
11 January 2024
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The Chancellor Jeremy Hunt has admitted that there is an "unfairness" in the current Child Benefit system, which means some families get less (or no) support as a result of "overcomplicated" tax rules. Mr Hunt made the comments during a grilling from MoneySavingExpert.com founder Martin Lewis.
10 January 2024
Woman using buy now pay later on her mobile phone
Buy now, pay later (BNPL) regulation has not been shelved, Chancellor Jeremy Hunt claimed in an interview with MoneySavingExpert.com founder Martin Lewis this week. However, the Government is being careful not to be too "heavy-handed" in its approach to regulating the industry, Mr Hunt said.
10 January 2024
Autumn Statement: Workers to pay less in national insurance – but rate cuts don't offset the freezing of personal tax thresholds.
Both employees and self-employed workers will pay less in national insurance from next year, Chancellor Jeremy Hunt has announced in today's Autumn Statement. Around 29 million workers are expected to benefit, though for many the rate cuts don't offset freezes to personal tax thresholds, which determine when you start paying each tax. Below is everything you need to know. 
22 November 2023
Tax-free pension limits raised
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. The shake-up was announced by the Chancellor Jeremy Hunt in today's Budget. 
21 March 2023
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Change is needed to help half a million younger people with Lifetime ISAs as many risk lock-out and £1,000+ in fines to get their money back.
22 January 2023
The new Chancellor makes an emergency fiscal statement to calm the financial markets
New Chancellor Jeremy Hunt has reversed a host of tax reforms and scaled back energy help previously announced in September's mini-budget in an effort to reassure markets and ease financial turmoil that has triggered a spike in mortgage rates. Here's what the shake-up means for you.
18 October 2022

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