Will the Budget cut taxes
With the Budget tipped to be the Chancellor’s last roll of the dice before a General Election, expectations over tax cuts are growing.
But what taxes could Jeremy Hunt choose to cut and why – and is there hope that he will sort out the tax mess that Britain has got stuck in?
The higher income child benefit charge creates marginal tax rates above 50 per cent, meanwhile the removal of the personal allowance bakes in a 60 per cent income tax rate between £100,000 and £125,140.
Should these tax traps and painfully high stamp duty be removed? On this week’s podcast Simon Lambert argues that Mr Hunt needs to have a clear out, chuck a load of stuff in the stupid tax box and then bin it.
Simon, Georgie Frost and Lee Boyce look ahead to what could be in the Budget and what it would mean for you.
> Read more: Spring Budget 2024: What Jeremy Hunt could do
Also, on this week’s episode, energy bills are due to fall as the price cap is cut but how much will this save you?
It’s not just tax catching people out, student loans are also proving difficult to shift as interest mounts up due to high inflation. Does the student finance system need a sort out too? And what is Simon’s triple lock for student loans plan?
And finally, don’t get spear phished or tap jacked, Lee talks us through the new scams you need to know about.
Listen to the This is Money podcast
We publish the podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes), the most popular, Spotify, Audioboom, and so many more.
To download the Apple Podcasts app go to the App store. On Android devices, go to the Google Play store to download the podcast app of your choice.
You can press play to listen to this week's full episode on the player above, and wherever you get your podcasts please subscribe and review us if you like the podcast.
We're now available on YouTube and you can ask your smart device to 'play the This is Money podcast'.
If you're not happy using apps, you can also listen to the latest episode and archive on the This is Money podcast page.
Related articles
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
WASHINGTON (AP) — Defense Secretary Lloyd Austin committed Monday to keeping U.S. weapons moving to2024-05-21China's top legislator holds talks with speaker of Moroccan House of Representatives
Zhao Leji, chairman of the National People's Congress (NPC) Standing Committee, holds talks with2024-05-21Nicola Coughlan wows in a scarlet leather dress and corset as she reunites with Bridgerton co
Nicola Coughlan reunited with her Bridgerton co-star Luke Newton on Thursday as they partied in New2024-05-21In Brazil’s flooded south, a secret mission to recover thousands of guns
SAO PAULO (AP) — A group of volunteers working to save people from the floods in southern Brazil cla2024-05-21Amtrak train hits pickup truck in upstate New York, 3 dead including child
NEW YORK (AP) — A child was among the three victims killed when a passenger train hit a pickup truck2024-05-21Russia vows retaliation for Ukrainian strikes on its regions
Photo taken on April 16, 2021 shows the Ministry of Foreign Affairs of Russia in Moscow. [Photo/Xinh2024-05-21
atest comment