BUDGET 2015-what to expect or not.

March 18, 2015

What are we expecting or not expecting in the budget today, the Chancellor has said there will be “no giveaways, no gimmicks”

Some Pointers.

Alcohol...The Chancellor is expected to either freeze beer duty or announce a 1p or 2p cut on a pint.

Tobacco..Tipped for a 28p cut on a packet of 20 but the Chancellor is also thought likely to announce a tobacco levy.

Income Tax… George Osborne has already announced the amount people can earn before tax  will be increased to £10,600 in April but it is expected he will go further.

Pensions… Additional to measures announced in the Autumn statement re cashing in their pension pot, The Chancellor has indicated he will announce that pensioners will be able to swap their fixed annual incomes ? annuity ? for cash.

National Insurance…There have been some suggestions the Government could increase the amount of earning before National Insurance Contributions (NICs) are paid.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Homebuyers face longer buying timelines

The latest research from Lyons Bowe suggests the homebuying process could become even slower in 2026: as the number of conveyancers operating across the UK is thought to have fallen by almost -13% while transaction volumes rise, placing further pressure on completion timelines. Lyons Bowe has analysed data on the number of active conveyancers in…
Read More →
Breaking News

Breaking Property News 1/4/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Winning the AI Era: A Playbook for UK Estate Agencies The AI-Driven Rewiring of UK Estate Agency Thought Leadership by Andrew Stanton CEO Proptech-PR Real estate has historically been conservative, fragmented, and inefficient. A surge of startups, is introducing automation, data-driven decision-making, and better customer experiences. This…
Read More →
Breaking News

What renters and landlords need to know ahead of major rental law changes

With just one month to go until the first phase of the Renters’ Rights Act comes into force, the leading professional body, Propertymark, is urging renters and landlords across England to understand how the changes could affect them. From 1 May 2026, the legislation will introduce some of the biggest changes to the private rented…
Read More →
Estate Agent Talk

Tackling Empty Properties

A UK Perspective on Best Practice and Recommendations for Reform Propertymark, the UK’s leading professional body for property agents, has today published a comprehensive new position paper highlighting the urgent need for coordinated, practical and properly resourced action to bring long-term empty properties back into use. With over 359,000 homes sitting empty for more than…
Read More →
Breaking News

Pet-friendly rentals plunge 39%

New research from Inventory Base reveals that the number of pet-friendly rental homes in England has fallen by -39% since the start of 2026, as landlords appear to be reducing the number of homes openly marketed as allowing pets ahead of the Renters’ Rights Act taking effect from 1st May. The Renters’ Rights Act (RRA)…
Read More →
Breaking News

Latest Nationwide house price data showing a 2.2% increase

Industry reaction to Nationwide house price data showing UK annual house price growth picked up to 2.2% in March, from 1.0% in February. Nathan Emerson, CEO of Propertymark, comments: “An uplift in house prices will be welcomed by the market and suggests that buyer demand remains resilient despite ongoing economic headwinds. Improved sentiment, coupled with…
Read More →