threshold. and much. for our viewers, you about the threshold. and the much. for our viewers, you about the threshold. and the allowance. - much. for our viewers, you about the threshold. and the allowance. what l threshold. and the allowance. what is the difference? personal allowance and then we ve been talking about tax thresholds as well. , ,., . talking about tax thresholds as well. , ., ., ., ., . , ., well. the personal allowance is that first threshold. well. the personal allowance is that first threshold. everyone well. the personal allowance is that first threshold. everyone who - well. the personal allowance is that first threshold. everyone who earns| first threshold. everyone who earns a wage in the uk can earn 12500 and 70p and not pay a penny of income tax on that money. the problem for us is when inflation starts to push our wages up, us is when inflation starts to push ourwages up, and us is when inflation starts to push our wages up, and we are earni
announcements from the budget starting with tax. the chancellor has announced that national insurance will be cut by another 2p. he says the cut which will begin next month is worth £450 a year for each worker. mr hunt also announced. 0n taxes there will be a new tax on vaping products that will start in october 2026. the chancellor says thatis october 2026. the chancellor says that is to maintain the financial incentive to choose vaping over smoking. the chancellor finished his statement by attacking labour for the economy. we statement by attacking labour for the economy- the economy. we today put this country back the economy. we today put this country back on the economy. we today put this country back on the the economy. we today put this country back on the path - the economy. we today put this country back on the path to - the economy. we today put this | country back on the path to lower taxes. allowed to grow the economy versus no plan. a plan to better publi
dog, pom. pictures here of him out with his dog, poppy, in the early hours near downing street. some nice pictures. the chancellor has promised his plans will stimulate the flagging economy and help family with permanent tax breaks. labour will argue that any reductions will still leave people worse off because of the freezing of tax thresholds. so what could be expected in today s budget? ben king takes a look. the background to today s budget has been gloomy, with the economy in recession. but it looks like the chancellor will still find room to cut taxes. the conservatives are trailing labour in the polls, and looking forjeremy hunt to give them some cheer in places like this, winchester, a seat the lib dems hope to win. so what do people here think about tax cuts? i think it would be a good idea because it gives people more money to spend on what they want to buy. realistically, people aren t going to save that much money from a tax cut, whereas more money in public servi
economy and help families with permanent tax breaks. labour will argue that any reductions will still leave people worse off because of the freezing of tax thresholds. ben king reports. the background to today s budget has been gloomy, with the economy in recession. but it looks like the chancellor will still find room to cut taxes. the conservatives are trailing labour in the polls, and looking forjeremy hunt to give them some cheer in places like this, winchester, a seat the lib dems hope to win. so what do people here think about tax cuts? i think it would be a good idea because it gives people more money to spend on what they want to buy. realistically, people aren t going to save that much money from a tax cut, whereas more money in public services means better health care services. it sjust much more important. i would prefer not to have a tax - cut, but to see more money invested in the community. if the public services were properly organised, there s more than enough