A rise in the tax-free personal allowance was the Autumn Budget announcement most Moneywise.co.uk users’ were pleased to see.
Over half (52%) selected this option, which will see tax-free earnings rise from £11,500 to £11,850 from April 2018, from a list of 11 key Budget announcements.
The next most popular Autumn Budget announcements, each receiving 10% of the votes, were a freeze on alcohol, fuel and air passenger duties, and an increase in the minimum wage from £7.50 per hour to £7.83 per hour from April 2018.
Initiatives aimed at millennials didn’t fare well but that could be indicative of our audience rather than displeasure at the schemes themselves – only 8% of those who voted were most pleased to see the stamp duty cut for first-time buyers. One reader commented that the tax break should have been given to older downsizers instead of to first-time buyers.
For the full results of the poll, see the pie chart below.