Budget 2025: what it means for you - short news
How Rachel Reeves’s measures on tax, NI and benefits affect single people, couples, families and those receiving pensions in England, Wales and Northern Ireland
Luke can’t get a graduate role and works 35 hours a week in a cafe. He is paid the national living wage (NLW) of £12.21 for workers aged 21 and over. He pays £1,930 in income tax and £772 in national insurance (NI) contributions. This results in a monthly take-home pay of £1,627 after tax, or £19,520 a year. On 1..
source: The Guardian - 26.11.2025