This is Money Podcast

Will the mixed bag Autumn Statement boost your wealth?

11.24.2023 - By This is MoneyPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The Autumn Statement was the definition of a mixed bag.

There was a National Insurance cut, but the stealth income tax raid continued.

The Isa system got an improvement, but the allowance remained frozen.

Meanwhile, the triple lock was delivered along with a pension pot-for-life plan but inheritance tax remains firmly uncut at 40 per cent, with all its weird quirks intact.

So, was that an Autumn Statement to fire Britain on to growth, as the Chancellor claimed, or a damp squib?

On this week’s podcast, Georgie Frost, Tanya Jefferies, Helen Crane and Simon Lambert dive into the details to reveal what the Autumn Statement means for you and the economy.

From the Office of Budget Responsibility forecasts, to being allowed multiple Isas and the seemingly mad plan of allowing family homes to be easily converted to flats, the team take the measure of Jeremy Hunt’s plans.

And they look ahead to whether there will be more tax cuts to come in the Budget – and whether Britain’s stealth tax and marginal tax trap mess will ever get sorted.

More episodes from This is Money Podcast