# Budget 2025 - Roger and Pete respond!

An episode of [The Meaningful Money Personal Finance Podcast](https://invisiblenetwork.ai/podcast/581790263), 27 Nov 2025, 44 min.

Audio: https://traffic.libsyn.com/secure/meaningfulmoney/MMP598b.mp3?dest-id=119595

Roger and Pete discuss the November 2025 Budget, 24 hours after it was announced by Chancellor Rachel Reeves. We cover the salient points from a financial planning standpoint and try to avoid politics if we can! Shownotes: https://meaningfulmoney.tv/session598b 02:37 Income Tax 09:27 Capital Gains Tax 12:35 IHT 17:32 State Pension 19:48 Salary Sacrifice 25:32 What was NOT announced 30:02 VCTs 30:53 High-Value Council Tax Surcharge 34:00 EV and Plug-in Hybrid mileage scheme - eVED 37:55 Student Loans 38:44 Opinions 41:37 A Podcast Review

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