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Things we knew before the Budget

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Thursday, March 21, 2013
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Nottingham Post

SOME of the changes announced in previous budgets will come into effect from April 6 include:

Savings: The amount that people can save tax-free in an Individual Savings Account will rise from £11,280 to £11,520.

Benefits: A number of changes will be happening to benefits in April, with a one per cent increase in a number of benefits meaning it will be a real-terms cut because of inflation. Jobseeker's Allowance will increase by 71p and maternity, paternity and adoption pay will also rise by one per cent.

Pension: The basic state pension will increase by 2.5 per cent in April, to £110.15 a week. The additional state pension will go up by 2.2 per cent.

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