Today the chancellor revealed the UK government's plans for spending and taxation over the next few years, laid out in the Budget 2021.

So in this video, I look at A FEW of the policy announcements and how they are going to impact us, as individuals. Namely how first time buyers will be impacted in the housing market, what changes to income tax mean and the future of furlough and self employment grants.

I didn't cover everything as i wanted to get this up as quickly as possible after the budget announcement.

I AM NOT SAYING I AGREE OR DISAGREE WITH ANY POLICY ANNOUNCEMENT, I try to stay out of making political points as I just want to share the information on what this means for us and our finances.

Useful Links:
Work out if a help to equity loan is right for you: https://www.moneysavingexpert.com/mortgages/help-to-buy-equity-loans/

Budget Key points For businesses and Individuals:
https://www.bbc.co.uk/news/uk-politics-56266773

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Timestamps:
Intro 0:00
Backdrop to the budget 00:20
How is it going to impact the housing market and first time buyers? 1:26
The future changes and impact of income tax? 4:00
Furlough Extension 4:30
More self employment grants 5:00
National Living Wage increase and Universal Credit boost extension 5:25

❌ DISCLAIMER: Just Jake's Money, including but not limited to any guests appearing in his videos, are not financial/investment advisors. They are solely sharing their personal experience and opinions; therefore, all strategies and suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing; therefore, do not act or refrain from acting based on any information conveyed in this video or webpage. For investment advice please seek the counsel of a qualified financial/investment advisor and conduct your own due diligence.