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| Name | UK Budget - Key Changes for NHS Workers (2024) |
| Video Uploader | Video From Medics Money |
| Upload Date | This Video Uploaded At 08-03-2024 13:18:35 |
| Video Discription | Ed discusses the key announcements from Chancellor Jeremy Hunt's budget on March 6, 2024, focusing on changes that impact doctors and healthcare professionals. The budget, delivered amidst improved economic indicators but limited fiscal space for pre-election tax cuts, includes a further 2% cut in national insurance contributions for both employees and the self-employed starting April 2024, modifications to the High Income Child Benefit Charge raising thresholds, and a £3.4 billion investment in an NHS productivity plan aimed at enhancing efficiency. Additionally, Hunt announced extra funding for the NHS in England to reduce waiting times, an increase in the ISA allowance for investments in British stocks and shares, the abolition of non-dom status from April 2025, a reduction in capital gains tax on non-primary residences, and various tax freezes and new taxes. 00:00 Introduction and Overview of the Budget 01:06 Changes to National Insurance Contributions 02:27 Adjustments to High Income Child Benefit Charge 04:22 Investments in the NHS 05:17 Additional Measures Relevant to Healthcare Professionals 06:14 Changes to Taxation and VAT Registration Threshold 08:10 Final Thoughts and Conclusions Want to stay up to date with the latest financial information for doctors?Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter https://twitter.com/MedicsMoney Follow us on Instagram https://www.instagram.com/medicsmoney DISCLAIMER: This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change. [QNFcT8oxakQ] |
| Category | Education |
| Tags | Education Download MP4 | Education Download MP3 | Education Download MP4 360p | Education Download MP4 480p | Education Download MP4 720p | Education Download MP4 1080p |
