How “painful” will the Budget be for your finances?

SEP 3, 202431 MIN
Money Clinic with Claer Barrett

How “painful” will the Budget be for your finances?

SEP 3, 202431 MIN

Description

<p>With a £22bn ‘black hole’ in the public finances, the new chancellor Rachel Reeves has difficult decisions to make ahead of Labour’s autumn Budget next month. How might this hole be plugged, and where might tax rises land? In this episode, Dan Neidle, founder of think-tank Tax Policy Associates and former head of tax at Clifford Chance, considers which tax-raising levers the chancellor might pull on October 30, and puts forward a case for fairer, growth-focused tax policy.</p><br><p>For more tips on how to organise your money, sign up to Claer's email series 'Sort Your Financial Life Out With Claer Barrett' at <a href="https://www.ft.com/newsletter-signup/sort-your-financial-life-out/signup/landing" rel="noopener noreferrer" target="_blank">FT.com/moneycourse</a></p><br><p>If you would like to be a guest on a future episode of Money Clinic, email us at [email protected] or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok.&nbsp;</p><br><p><em>Want more?</em></p><br><p>Check out Claer’s column, <a href="https://on.ft.com/3MAZar3" rel="noopener noreferrer" target="_blank">What’s the chancellor’s next move going to be with my pension?&nbsp;</a></p><br><p>Listen to more episodes of Money Clinic, such as <a href="https://www.ft.com/content/24503e42-faec-4dd4-a4eb-7d9d238af77c" rel="noopener noreferrer" target="_blank">What will the UK election mean for your money?</a>, <a href="https://www.ft.com/content/ee001850-8640-4683-ac30-947865b06a6d" rel="noopener noreferrer" target="_blank">Isa season: how to build tax-free wealth</a>, and more.</p><br><p>Presented by Claer Barrett. Produced by Tamara Kormornick with help from Mischa Frankl-Duvall. Our executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. Cheryl Brumley is the FT’s global head of audio.</p><br><p>Disclaimer: The Money Clinic podcast is a general discussion about financial topics and does not constitute an investment recommendation or individual financial advice.</p><br><p><a href="https://www.ft.com/content/d5f7af47-3f23-4d30-a143-c83085a0900b" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>