It’s been a rollercoaster week for both UK politics and our personal finances, with chancellor Rachel Reeves setting out tens of billions of pounds of tax rises in the Budget. But how will these new taxes be applied and what could they cost you? In a Money Clinic podcast recorded live at the FT, host and consumer editor Claer Barrett is joined by Dan Neidle, the founder of Tax Policy Associates; Stuart Kirk, the FT’s investment columnist; and Tej Parikh, the FT’s economics leader writer, to field questions from readers and listeners. They cover everything from what the Budget means for people investing in UK markets, the new rules on pensions and salary sacrifice, how to stay under the £100,000 threshold for childcare support and much more.
To find out how much the five-year freeze to tax thresholds could cost you, find a free link to the FT’s Budget stealth tax calculator here
Claer’s Budget column: A horrid Budget for ‘Henrys’
Salary sacrifice shake-up: what it means for staff and employers
Follow Claer on social media @Claerb
This episode was made available with thanks to FLIC, the FT’s Financial Literacy and Inclusion Campaign.
For details about the campaign, read more about it here or click here and to donate, click here.