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How the budget affects me

I had planned to write a long post today on what effect the budget has on my MillionaireAdventure but this years dull budget really doesn’t give me much to say.

I estimate that I will be £8.88 per year worse off due to tax on beer going up by 4p per pint, and wine by 14p per bottle. I don’t drive a big car so escape the so called green taxes introduced and the previously announced 2p rise in fuel duty was postponed until October.

Ok so I gain a bit from the reduction in basic-rate income tax to 20% but what the chancellor gives with one hand he had already taken with the other by raising the National Insurance earnings ceiling by £100 per week.

So in summary it’s business as usual for me after the budget.

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