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BUDGET 2025: Budget LEAKED ahead of time

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BUDGET 2025: Budget LEAKED ahead of time

Budget leak alert: The Office for Budget Responsibility — that’s the independent body that checks the government’s sums — has accidentally released its latest Budget document early.

According to the leak, tax allowances will remain frozen, which means your personal tax thresholds aren’t rising with inflation.

That might sound small, but it’s a big deal for households. As wages rise, more people get pulled into paying higher levels of tax — something called “fiscal drag.”

In plain English: even if your pay goes up, you could end up paying more tax without realising it.If you can, check whether you’re close to a tax threshold and think about using your ISA or pension allowances to shelter more of your money from tax.

Clare West
Clare West Finance Editor

As a finance writer and editor, I can’t make decisions for you because only you know what’s right for you, and your personal priorities and goals. My role is to understand the things that are going to be important to you, remove anything that could work as a barrier to understanding, and then ensure you don’t miss a thing.

It’s an approach that has won me awards from professional bodies (‘Website of the Year’ at the Professional Adviser Awards 2021; Finalist – ‘Start Up of the Year’ at the UK FinTech Awards 2025) and seen me featured in the press as a commentator and expert.

Finances are about so much more than numbers on a page. Achieving your financial goals allows you to feel peace of mind, have confidence in your future, and achieve the things that matter to you. Financial wellbeing allows for life goal fulfilment.

I’ve spent more than a decade specialising in writing about financial services, so I know that in financial services, trust is absolutely vital. I am delighted, therefore, that everything we do at Investing Insiders centres around trust. Our mission is to write honest reviews based on our personal opinions and professional insights. We are not swayed in our opinions by incentives or influences from providers. Where we have a relationship with a provider that could affect our neutrality, we will let you know. But we are clear; whatever relationship we have with providers, our reader comes first. Simply put, we can’t be paid to change our opinion. My obligation is to you, the saver or investor, looking to build your wealth and protect your future.

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