Modelling by Chris Etherington at RSM UK found that this amounted to about £2,300 a year in average income tax.
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Modelling by Chris Etherington at RSM UK found that this amounted to about £2,300 a year in average income tax.
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buff.ly/fz1TkM8
KPMG says the economy will slow significantly after the Chancellor decides to freeze thresholds
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KPMG says the economy will slow significantly after the Chancellor decides to freeze thresholds
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Firstly, Rachel Reeves will have to find a respected and credible economist to run the OBR.
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Firstly, Rachel Reeves will have to find a respected and credible economist to run the OBR.
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Grab a coffee and have a read.
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Grab a coffee and have a read.
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Rachel Reeves, the chancellor, has announced a reduction in the amount people can put into a cash ISA from 2027.
Rachel Reeves, the chancellor, has announced a reduction in the amount people can put into a cash ISA from 2027.
It follows the Bank of England's consultation on a regulatory regime for digital assets whose value is pegged to another asset, such as currency or gold, to maintain stability.
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It follows the Bank of England's consultation on a regulatory regime for digital assets whose value is pegged to another asset, such as currency or gold, to maintain stability.
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buff.ly/SVbSaO2
Listen to the FT Adviser podcast
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Listen to the FT Adviser podcast
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Chancellor’s ‘fully funded plan’ has amounted to a figure nearly eight times larger than promised
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Chancellor’s ‘fully funded plan’ has amounted to a figure nearly eight times larger than promised
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The Resolution Foundation think tank has produced some representative households to demonstrate the different effects the Budget might have.
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The Resolution Foundation think tank has produced some representative households to demonstrate the different effects the Budget might have.
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buff.ly/ZUqQqQx
The chancellor opted to freeze tax thresholds rather than raise the income tax rate.
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The chancellor opted to freeze tax thresholds rather than raise the income tax rate.
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Most people do not save enough to fall into the income tax bracket on their savings, but that does make the system more complicated.
Most people do not save enough to fall into the income tax bracket on their savings, but that does make the system more complicated.
She also said banks will help advise savers on how to invest.
However, this caused uproar among IFAs, who said she should have told people to get independent, regulated financial advice.
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She also said banks will help advise savers on how to invest.
However, this caused uproar among IFAs, who said she should have told people to get independent, regulated financial advice.
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An extra 1.5 million parents and carers will become eligible from 2028, and the scheme, which was due to end in 2027, will be made permanent.
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An extra 1.5 million parents and carers will become eligible from 2028, and the scheme, which was due to end in 2027, will be made permanent.
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We already know a few things, and we'll know the rest soon enough.
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We already know a few things, and we'll know the rest soon enough.
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At least we will know tomorrow and can end all the speculation.
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At least we will know tomorrow and can end all the speculation.
buff.ly/XKXsAnN