Budget 2024: Another NI tax cut, new UK ISA, child benefit changes & more 

NI cut means nothing, any save will be absorbed by council tax increases. Always the same

A very comprehensive summary, thanks Andy.

Abit odd for the tories to be encouraging people to invest in British stocks when theyre activley working against british business

Interesting that the NHS needs billion spent in its IT system, I think Sunak might know a family member at INFOSYS that can help out!🏴‍☠️

🔥🔥 Great tips!

The isa for UK only stonks is a great idea. Capital flight is a big issue. The UK really needs more investment and the best people to invest are the people living here.

The increase in APD is a slap in the face for an industry that still hasn’t fully recovered from the pandemic and now relies on premium leisure travel to make money, as business travel still lacks.

your vids are the best

British small caps have returned more than 15% a year between 1945-2015. Food for thought but they are very very volatile, also food for thought.

The much anticipated one where you could pay into more than one ISA type with different providers in one financial year didn't seem to materialise, or did I miss something?

I watched the budget today and I seen the sum up by Martin Lewis as I am keen on the savings bond. Martin Lewis has said if it's below 5% it's not worth having and with current rates I would agree with him.

One aspect of this keeps being sidelined. Since the war we have had National Insurance. By the 70's/80's govts were being warned by the 'mandarins' that some provision would have to be made for the boomers (a statistical abnormality from a 5-10 years post WW2). Government were pretty much using current contributions to pay pensions and other benefits. Class 3, a voluntary top up contribution, is now lost all parity with Class2 and gone sky high. Generally keeping the NI scheme is good news for lower incomes, otherwise they are excluded from contributory benefits and reliant on means related schemes with private company involvement based on performance targets. Fraud is vastly overstated by the Govt, and vastly overshadowed by unpaid benefits. Hunt wants to see 'social security' (its aim) go in not many years. It would cut out arguably the biggest NI fraud syngicate, the Government. We already have people in mould filled flats, homeless, food banks, what next the workhouse? Oh, and private health care like the US? I'm in my 60's and have never known a government so unhelpful to the young, and families. If they think we are aligning/ joining with the US, dream on. Sunak and Van der Leyen may kiss the feet of the US but it is pointless. All sides of the war in Europe live in the US. We are used, we are convenient but we are the old enemy the Brits, and very disliked by some Americans. That is fine, friendly is mutually enough. We are off mainland Europeans and thankfully a little idiosyncratic. Dumbed down TV and US news features may cross the Pond, but we are not American, great people they may be or not. And disentangling ourselves a little would perhaps help us both.

In uncertain times, how can one outperform with the S&P 500? my money goal of $3m seems far-fetched and just saving is not an option, do I seek a license advisor to help grow my funds, or wait for a favorable economy? I have barely 5 years to retirement.

does the British ISA include UK based investment trusts that have invested abroad? That'd be a way to circumvent the limitations whilst still gaining additional tax free allowance

We can pay into 2 of the same ISA in one year from April

Child benefit is ridiculous the way it is at the moment.

Honestly, if you work from home you can get £1.2 per week for heating no matter how many days you work from home. Claim any office supply purchases and you can get a similar amount.

Well Green Bonds were very disappointing. 3 years is a long time. I don’t think these British Bonds will be special.

British ISA is annoying just release it now

Do I need to claim child benefit, when I take home over £50,000 a year?

GOT A THING IN YOUR EYE! THING IN YOUR EYE!!

British ISA seems pointless who want to invest in UK stocks in the current climate the fact they have created this is because no one does except work place pension who loose money compared to the SNP 500 guarenteed every year... Also the pounds is falling over time against the dollor so that compounds the loss.

Yay let's vote Tory they gave us some crumbs back from the huge amounts they've stripped away. Don't know about anyone else but I want to take them up on the offer of going back to square one.

Bye, bye Tories

A cut of 100% of nothing is nothing... The normal Joe will make pennies if they are lucky... Tony cuenca

Tax the poor to give to the rich. Same old tory party.

Pensioners don't pay NIC, but you can assume pensions won't rise to equate to what the NIC cut would have saved the youngsters!

Another snipe on smokers and a new fine for people that have stopped smoking to pay for yet another budget, it now costs more to buy a packet of tobacco than a new air fryer.

The thing that worries me is we hear the complaints from people earning 30-70k… Get a grip.. there are people on 15k who don’t even have time to cry about it. Saw some chump crying that he doesn’t get Child Benefits cos he earns 70k… Seriously these people need their heads knocked together…

Free Palestine

British small caps have returned more than 15% a year between 1945-2015. Food for thought but they are very very volatile, also food for thought.

British small caps have returned more than 15% a year between 1945-2015. Food for thought but they are very very volatile, also food for thought.