Personal allowance boost is Moneywise users’ top Autumn Budget announcement

Published by Helen Knapman on 08 December 2017.
Last updated on 08 December 2017

Personal allowance boost is Moneywise users’ top Autumn Budget announcement

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.  

Meanwhile, just 2% were most pleased about student loan overpayment issues being fixed, and a tiny 1% were most pleased to see the introduction of a railcard for those aged 26 to 30.  

For the full results of the poll, see the pie chart below. 

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Why don't you ask us which

Why don't you ask us which announcements we least liked to see (hint: those that continued to give huge amounts away to the rich whilst penalising the poor).