A hundred pounds of help.
But does this Budget actually leave you
better off?
Here are three things to understand.
First, what you get.
A £100 energy payment is planned for
households in England in council tax bands
A to D, from January 2027.
It’s one payment, not £100 every month.
Second, what you might pay.
From April 2027, tax rates on savings
interest and property income rise by two
percentage points.
For every £1,000 of savings interest that’s
taxable, that means £20 more tax.
That’s interest, not your savings balance.
Tax-free allowances still matter.
Third, timing.
The help with electricity VAT is temporary.
It ends on the first of July
2027.
And who gains overall?
Treasury modelling puts the lowest-income group about
£75 a year up, and the highest
about £105 down in 2027 to 2028.
Those averages include public services, not just
cash in your pocket.
They aren’t a promise about your household.
Check what applies to you, when it
changes, and what is still a forecast.
Find the Budget without the jargon at
www.uk-statpack.co.uk.