Spring Budget tax calculator – how Jeremy Hunt's changes will affect you

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Spring Budget tax calculator – how Jeremy Hunt's changes will affect you
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HOUSEHOLDS will be wondering how the financial changes announced in the Chancellor’s Spring Budget will affect them. Jeremy Hunt set out the government’s financial plan for the year yes…

HOUSEHOLDS will be wondering how the financial changes announced in the Chancellor's Spring Budget will affect them.

Jeremy Hunt set out the government's financial plan for the year yesterday, including payments, energy help and policy updates.income tax and National Insurance thresholds until 2028, first announced in the Autumn Statement in November, will still go ahead. The freeze was meant to come to an end in 2026, but it has been extended, dragging millions more into paying a higher rate of tax.will mean more workers will go over the thresholds for paying tax at 40%.

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