Brown’s new budget

Brown’s new budget

At first this may seem to be a bit of a departure from the usual sort of blog topics I post about here, but hold on – there’s a pay-off…

So yesterday saw the new budget plans by the government. As usual, the “nasties” got a tax rise (that’s fags, booze and fuel), but somewhat surprisingly, income tax dropped. Sort of. Of course, it depends on your tax bracket and stuff, and other rises may counter anything you might gain from the drop in income tax, so it wasn’t all smiles.

Helpfully, the BBC have created a rough-and-ready Budget Calculator to see how much better, or worse, your finances are likely to be in the next year. Ace.

I went along and plugged in all my figures, and it turns out that I’m going to be four or five games better off in the next 12 months. Hurrah for sums!

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