Tax cuts | stamp duty | energy bills – what today’s mini budget means for you

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Hi,

Our experts have been analysing the nuts and bolts of todays mini budget to see what it means for the pounds in your pocket.
 
At a glance: what was announced in the mini budget, and what it means for you
(Chris J Ratcliffe)
The government has branded its budget as a ‘growth plan’, promising tax cuts and prioritising growth but what was announced and what does it mean for you?
The Money Edit explains what was announced and what it means for your household budget
 
What the income tax changes mean for your pay
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The basic rate of income tax is to be cut while the additional rate is being abolished. We explain when it changes and what it will mean for your take home pay
The Money edit explains what the income tax cuts mean for your pay
 
Stamp duty cut from today - use our calculator to figure out how much your new bill could be
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If you’re buying a house, the stamp duty is a significant cost to consider. We look at the latest stamp duty threshold announced by the chancellor, Kwasi Kwarteng, on 23 September in his ‘mini-budget’ to help you work out how much it will cost you to buy your next home.
The Money Edit explains how stamp duty works and helps you work out your stamp duty tax bill
 
When will the National Insurance increase be reversed and what does it mean for your pay?
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The Treasury said almost 28 million people will be affected by the changes to National Insurance when they come into force.
The Money edit explains how National Insurance is changing and what it means for your pay

THE BIG MONEY-SAVERS
 
Will I still get the £400 discount? What is the new unit rate?- Your Energy Price Guarantee questions answered.
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How the Energy Price Guarantee works, what it means for your monthly bills and how it could all be paid for. We answer your questions and more.
The Money Edit answers your questions about the energy price guarantee
 
1.3 million households eligible for the Universal Credit aren't claiming it but rules set to be tightened plus more help for over 50s
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The government is planning to make significant changes to Universal Credit with stricter penalties and more support on offer for the long term unemployed and over 50s.
The Money Edit reveals what the mini budget means for universal credit

MORE MONEY-SAVING
 
Get 60% off your 1st box, then 25% off for 2 months plus 3 free gifts at Hello Fresh | ends Monday 3 October
(Hello Fresh)
UK households waste 4.5 million tonnes of food every year, but with Hello Fresh all ingredients you need are included in your delivery.
Make great HelloFresh savings with this code from My Voucher Codes
 
In case you missed it… Earn 4% on fixed savings - the best rate in seven years. Plus, bag 1.85% for easy access
(Getty images)
Savings rates are paying out the best they have in almost a decade – make sure your money is working for you. We’re regularly scouring the market and updating our website with the best savings rates
The Money Edit reveals the top savings accounts this week

BILL-BUSTING

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