Jeremy Hunt's recent budget announcement has stirred significant discussion, particularly around the 'UK ISA' and non-dom tax policies. The 'UK ISA', a flagship measure offering £5k tax-free savings, is expected to be delayed past the general election and beyond, with its launch downgraded to a 'consultation' phase to save costs, making it unlikely to be available before the next tax year. This delay has been reported by multiple sources, including Hugo Gye and Callum Mason of the i paper. Additionally, polling expert Robert Hayward commented on the non-dom tax as a 'deliberate bear trap' for a Labour government, suggesting strategic political implications. The budget has also prompted questions regarding its impact on national insurance and the state pension.
The 'UK ISA' announced by Jeremy Hunt as one of the flagship measures in his Budget is set to be delayed past the general election ➡️ @HugoGye, @CallumCMason report: https://t.co/ScCl7kuYcg https://t.co/hnQzKApT0X
“In 2022, while running for leadership of the Conservative Party, Jeremy Hunt promised to repeal the ban on fox hunting. Last week he shot Labour’s fox.” 🖊️ Arun Advani, David Burgherr and Andy Summers https://t.co/66rtUe0jBw
‘I’m 50. Could the Budget national insurance cut affect the state pension I get?’ In this week’s Money Clinic, @thomasselby runs through National Insurance changes coming into force from April and how they will affect your money ⬇️ https://t.co/8lUM7zBdPl
Tuesday's front page: Tories delay 'British ISA' £5k tax-free savings until after election #Tomorrowspaperstoday Latest by @HugoGye @CallumCMason: https://t.co/3ZsecHEu2d https://t.co/Tb5uwZjHXH
Jeremy Hunt's flagship 'UK Isa' announced in Budget looks likely to be delayed past election and beyond Chancellor downgraded product launch to a 'consultation' to save cash Experts predict it won't be available before next tax year Story @theipaper: https://t.co/YkKqEmcvAn
The 'UK ISA' announced by Jeremy Hunt as one of the flagship measures in his Budget is set to be delayed past the general election ➡️ @HugoGye, @CallumCMason report: https://t.co/IKYfeEfT58 https://t.co/rr3gjosSRR
Non-dom tax is a ‘deliberate bear trap by Jeremy Hunt’. Jeremy Hunt’s budget has left significant pitfalls for a Labour government, says polling expert Robert Hayward. #TimesRadio https://t.co/fMYJw7oxMo