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Money Box Live: Budget Breakdown

Money Box

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Budget Impacts and Tax Controversies

This chapter explores the implications of a new budget aimed at raising taxes while alleviating economic pressures on citizens. It examines specific tax changes, such as national insurance and inheritance tax, highlighting public sentiment surrounding financial anxieties and retirement plans. The discussion also delves into the intricacies of how pension pots now factor into inheritance tax calculations, potentially affecting more individuals in the future.

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