Tag Archives: budget

So how might Budget 2015 impact you?

How will the Budget impact you?

How will the Budget impact you?

The final Budget before the General Election is here, and what does it have in store? We’ve seen announcements on pensions, tax, housing and much more that will affect all of us around the country in different ways.

Some of the headlines from Budget 2015 were:

Income tax
One big win for many is that the amount you can earn before being taxed – personal tax allowance –  was already due to increase from £10,000 to £10,600 from April, and is set to rise further  – up to £10,800 next year, and then to £11,000 the year after.

Some people will also benefit from the higher tax rate threshold – in other words, the moment you start paying 40p in the pound – being raised from £42,385 in 2014-15 to £43,300 by 2017-18, although some speculation had suggested it would go as high as £50,000. Continue reading

How your credit report can help you Budget

So long, old pound coins..

So long, old pound coins..

So the Budget is here at last, and what does have in store? We’ve seen announcements on taxes, childcare, fuel prices, and even the arrival of a brand new £1 coin. And Mr Osborne has suggested that “If you’re a maker, a doer or a saver: this Budget is for you.”

Most of us will be affected in some way by the changes that have been announced, but how can we do our own Budget to help us understand, protect and take steps to improve our own finances?

Continue reading

Garden Cities set to make a comeback

Garden cities coming backIn 1898 Sir Ebenezer Howard published his book “Garden Cities Of Tomorrow”, which set out his (at the time outlandish) ideas that new cities should be planned, self-contained communities surrounded by what would soon become known as green belts.

And almost 100 years after the last garden city was established, plans set to be revealed in Wednesday’s budget have included the launch of a brand new one in Ebbsfleet, in Kent.

Continue reading