Listen "How Worse Off Will You Be After the Budget?"
Episode Synopsis
Who are the winners and losers of the Budget? What happened to growth? Will the tax changes actually happen? We sat down with Helen Miller, Director of the Institute for Fiscal Studies (IFS) to answer your questions.
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TaxZap - Do your tax return / self-assessment: https://makingmoney.email/taxzap
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If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Chapters:
00:00 - What Happened?
06:00 - Doom and Gloom
09:58 - Public Services
16:13 - TaxZap Ad
17:28 - Winners and Losers
21:03 - What About Growth?
27:58 - Mansion Tax
30:23 - Vanta ad
31:34 - Will The Changes Happen?
35:34 - Freezing of Tax Bands
41:00 - Broken Manifesto Promises
44:05 - Salary Sacrifice
48:56 - Tax Complexity
53:40 - Tax Reform
59:44 - Why Don’t Politicians Listen
01:03:34 - ISAs
01:10:40 - What’s The One Thing?
🎉Sponsors
MoneyWeek Magazine - Try it for free: https://moneyweek.com/money
TaxZap - Do your tax return / self-assessment: https://makingmoney.email/taxzap
Vanta - Get your company secure and compliant: https://vanta.com/makingmoney
Odoo - Apps to run your business: https://www.odoo.com/r/MM1
–
If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Chapters:
00:00 - What Happened?
06:00 - Doom and Gloom
09:58 - Public Services
16:13 - TaxZap Ad
17:28 - Winners and Losers
21:03 - What About Growth?
27:58 - Mansion Tax
30:23 - Vanta ad
31:34 - Will The Changes Happen?
35:34 - Freezing of Tax Bands
41:00 - Broken Manifesto Promises
44:05 - Salary Sacrifice
48:56 - Tax Complexity
53:40 - Tax Reform
59:44 - Why Don’t Politicians Listen
01:03:34 - ISAs
01:10:40 - What’s The One Thing?
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