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

Prime London market activity falls,

The latest market insight from Jefferies London has revealed that the prime London market slowed considerably during the second half of 2025, with average monthly transaction levels falling by 31% compared to the first half of the year. Jefferies London analysed property market transactions across prime London postcodes, looking at the average monthly number of…
Read More →
Home and Living

Demand for wooden furniture remains strong as homeowners rediscover 1960s interiors

Experts reveal how natural materials and timeless design are bringing an overlooked vintage era back into modern homes Search interest in wooden furniture has remained consistently high over the past 12 months, peaking at its highest levels in spring 2025, as homeowners continue to prioritise natural materials and timeless design. Experts say this growing preference…
Read More →
Estate Agent Talk

UK postcode study identifies where buyers get the most space for their money

New analysis has revealed the best-value postcodes for buyers: One UK town offers FOUR times more space than the national average. The study, compiled by the experts at Sell House Fast, analysed postcodes across England and Wales to identify where buyers get the most space for their money. Where £100,000 buys the most space in…
Read More →
what is happening to house prices
Breaking News

The graduate shortage: who will value Britain’s homes in 2030?

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and the profession faces a critical skills gap at the worst possible time. Ryan Mathews, Managing Director of LRG’s Surveyors division, examines why surveying struggles to attract new talent and what needs…
Read More →
Breaking News

62% of letting agents failing to comply

The latest industry insight from The Letting Partnership has found that while Client Money Protection (CMP) is a legal requirement across the lettings sector, 62% of letting agents are failing to clearly display valid CMP certification on their website, highlighting a growing issue around how compliance is demonstrated to landlords and tenants. The Letting Partnership…
Read More →
Breaking News

UK house prices sit above pandemic market peak

The latest research from Yopa has found that, six years on from the first Covid lockdown (23rd March 2020), the average UK house price remains 1.7% above the peak reached during the pandemic property market boom, despite the more subdued market conditions seen since. Yopa analysed* average house price data at three key points in…
Read More →