Article 69V5Q Budget calculator 2023: how will your income change?

Budget calculator 2023: how will your income change?

by
Guardian Staff
from World news | The Guardian on (#69V5Q)

Find out how Jeremy Hunt's tax and spending plans will affect your personal finances

Jeremy Hunt announced a number of changes in Wednesday's budget including plans to overhaul pension tax allowances and reform the childcare system.

The chancellor said the lifetime limit on how much people can save in their pensions tax free will be abolished, and the annual allowance will rise from 40,000 to 60,000.

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