MoneySavingExpert News
The Budget
The Chancellor Jeremy Hunt has today (Wednesday 6 March) revealed plans to address the "unfairness" in the current Child Benefit system. This follows extensive campaigning on the issue by MoneySavingExpert.com (MSE) and its founder Martin Lewis. Currently, some families get less (or no) support as a result of overcomplicated tax rules.
6 March 2024
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
A shake-up to the rate of income tax people in Scotland pay has been confirmed in the Scottish Budget. From 6 April 2024, the threshold at which earners start paying certain rates will rise for some tax bands, while a new "advanced" rate tax band will be introduced. The "top" tax rate will also increase.
19 December 2023
Higher earners in Scotland will be hit with income tax rises from April next year, while most Scottish social security benefits will rise by 10.1% in line with inflation, deputy first minister John Swinney has announced. The changes come as part of today's Scottish budget – we round up what the new measures mean for you below.
15 December 2022
The Chancellor, Rishi Sunak, has delivered his eagerly-anticipated Autumn Budget to the House of Commons, setting out the Government’s financial strategy. Key measures that have been announced include a cash boost for in-work Universal Credit recipients, a shake-up of the levy on alcohol, and a cut to air duties on flights within the UK.
27 October 2021
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