Three forecasts within the Spring Statement that would have an effect on you and your cash | EUROtoday

The authorities’s coverage on tax thresholds – the purpose at which you begin to pay tax, and the purpose the place you tip into paying the next fee of tax – has had an influence on this quantity. In final yr’s Budget, Chancellor Rachel Reeves mentioned these would keep frozen till 2031. That is three years longer than beforehand deliberate.