You will feel the squeeze.
The freeze on income-tax and NI thresholds pulls more of your earnings into tax each year. This hits working families across Blackburn, Preston, Bolton and Leicester the most. The OBR says this policy raises tens of billions by 2029.
Your household costs stay high.
Fuel duty stays frozen, but food and housing costs rise faster than wages in many areas. You see this daily in our community.
Your pension planning changes.
Salary-sacrifice pension contributions lose their National Insurance advantage from April 2029. This reduces the benefit for self-employed drivers, shop owners, and anyone topping up pensions while supporting dependants.
Your rental income is taxed more.
Many in our community own one extra property. Higher taxes on property income and dividends reduce take-home profit. This affects families who rely on rent to support elderly parents or students abroad.
Your support for children improves.
Ending the 2-child cap on child benefit helps larger families. This is common in our community. It brings direct relief for parents struggling with rising costs.
Your low-paid workers get a rise.
The minimum wage goes to £12.71 for over-21s. This helps care workers, taxi office staff, takeaway staff and part-time workers in our households.
Your local services stay under pressure.
More money goes to devolved governments, but local councils still face rising demand. Blackburn with Darwen Council already reports funding gaps. Community groups like ours fill the space, so pressure on BVUK volunteers increases.