Our Comments on Summer Budget Tax and Pension Announcements
Overall, the Budget confirmed £17b tax and spending savings with a view to putting the economy in surplus by 2019/20.
Summer Budget 2015
Tax and Pension Key Points
Personal allowance for income tax to rise to £11,000 next year and £12,500 by 2020, so that people working 30 hours a week on the minimum wage do not pay income tax.