Author: BBC

By Kevin PeacheyCost of living correspondentThe theatre of Budget day may have allowed Chancellor Jeremy Hunt to set the stage for an election, by announcing major tax and spending plans.It is the finer details of his script that could have a significant impact on your finances, so here is what his plans mean for you.National Insurance to be cutThe chancellor’s big play to the audience was a cut in the rate of National Insurance (NI) paid by 27 million employees across the UK. A fixed percentage of the money you earn from your wages is deducted in NI.January saw the…

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