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Daggers

General News

By Daggers, in General Chat

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StanSP

StanSP

Posted
Posted
1 minute ago, Zear0 said:

Everyone? Carers or people on minimum wage included in that? 

 

I actually think most people would be happy to pay more tax for an increase in quality of public services, I would, and this won't cause the nose dive you suggest. 

Exactly the position I'm in. After the decimation of about a decade or so of public services, in spite of money borrowed by government, I wouldn't mind if the work started now for those services to be improved. I'm not naive enough to think it'll happen overnight (or within the next 12-18 months) but the improvements have to start somewhere. 

 

Obviously proof is in the pudding. Hopefully the NHS, transportation, social care etc does start to see an improvement...

  • Like 2
grobyfox1990

grobyfox1990

Posted
Posted
6 minutes ago, grobyfox1990 said:

When did the OBR say that?! How have I completely missed that bombshell, what context? That's huge news if so, shatters the whole pre-messaging tbf. Wonder what reaction this will have on Gilts..

Ok just read further down the thread, that quote is not entirely true. Bloody Phil Bowman scaremongering again, the guy needs to chill out!!

Spudulike

Spudulike

Posted
Posted
10 minutes ago, grobyfox1990 said:

When did the OBR say that?! How have I completely missed that bombshell, what context? That's huge news if so, shatters the whole pre-messaging tbf. Wonder what reaction this will have on Gilts..

 

kenny

kenny

Posted
Posted
Just now, grobyfox1990 said:

Ok just read further down the thread, that quote is not entirely true. Bloody Phil Bowman scaremongering again, the guy needs to chill out!!

The Guardian live stream on the budget is useful as usual.

 

I'd post it but the image is too large and I don't think you can link to individual posts.

  • Like 1
RobHawk

RobHawk

Posted
Posted
43 minutes ago, Tommy G said:

Which parts of it make you happy ?

Well the fact that I'm not being taxed anymore is as they promised. Increased NI contributions for employers is the right call in my opinion. 

 

I think I'd have gone harder on capital gains and inheritance tax, but what they've announced is a good start. 

 

I'm honestly not sure what was announced today that I'm supposed to be angry at. 

 

I certainly don't feel shafted, don't feel worse off in any way and the raise in minimum wage is also a good call imo. 

 

What am I supposed to be pissed off about then? 

  • Like 3
reporterpenguin

reporterpenguin

Posted
Posted

The only bit of it that I really don’t get is the removal of the inheritance tax on farmland. How is a farmer meant to raise 20% of the land value when they take it on from their family?

 

Surely it should only be taxed if sold as it’s essentially an unrealised asset before then.

  • Like 2
Tommy G

Tommy G

Posted
Posted
4 minutes ago, RobHawk said:

Well the fact that I'm not being taxed anymore is as they promised. Increased NI contributions for employers is the right call in my opinion. 

 

I think I'd have gone harder on capital gains and inheritance tax, but what they've announced is a good start. 

 

I'm honestly not sure what was announced today that I'm supposed to be angry at. 

 

I certainly don't feel shafted, don't feel worse off in any way and the raise in minimum wage is also a good call imo. 

 

What am I supposed to be pissed off about then? 

You do realise the Ers NI increase will stifle pay reviews for employees going forward?

RobHawk

RobHawk

Posted
Posted
1 minute ago, Tommy G said:

You do realise the Ers NI increase will stifle pay reviews for employees going forward?

I don't think it will for me because my pay is linked closely to minimum wage which is going up. I may not get the full 5%ish that minimum wage is going up but guarantees me at least 3% I'd say. But I'm lucky I work for a company that values it's employees. 

 

I forgot to add earlier, big fan of the change to carers allowance and I hope they do look into the cliff edge too. 

 

So again, what am I supposed to be angry about?

  • Like 1
CosbehFox

CosbehFox

Posted
Posted (edited)

The increase threshold for employers to claim back is very good smaller businesses. The Tax Thresholds altering as well ends up being a bona fide increase in take home salary. 

 

I actually think the worst action is the increase in business rates because that is going to hurt hospitality big. 

 

Interesting thing is of course about the furore on NI is that it's not far a repeat of the plan Johnson had in 2022. 

Edited by CosbehFox
kenny

kenny

Posted
Posted
1 minute ago, CosbehFox said:

The increase threshold for employers to claim back is very good smaller businesses. 

 

I actually think the worst action is the increase in business rates because that is going to hurt hospitality big. 

They are getting 40% rate relief which is good.

kenny

kenny

Posted
Posted
Just now, David Hankey said:

Am I really going to see a 1p reduction in the price of a pint the next time I go to the pub or whenever it's introduced. I don't think so.

No, that will be used to offset NI and salary increases.

urban.spaceman

urban.spaceman

Posted
Posted
13 minutes ago, Spiritwalker said:

As it’s Chris Philip then there’s a good chance that he’s not reading it properly 

He’s outright lying.

 

27 minutes ago, Spudulike said:

 

That report is into the March budget and confirms the Tories and Treasury lied to them in February when the figure was £9.5bn. It has since risen. 

  • Like 2
Izzy

Izzy

Posted
Posted (edited)
11 minutes ago, David Hankey said:

Am I really going to see a 1p reduction in the price of a pint the next time I go to the pub or whenever it's introduced. I don't think so.

In the grand scheme of things, that announcement is small beer. 
 

Edited by Izzy
  • Haha 1
SkidsFox

SkidsFox

Posted
Posted
6 hours ago, Babylon said:

Have to say this just isn't true seeing as I personally know a few of them. 

 

Most of these shops are run through booking apps now, gone are the days of queues of people sat there waiting for a cut. You turn up at the time you're booked, get in the chair as the other chap leaves. So the shops are generally empty other than the people in the chair. But it doesn't mean they aren't fully booked up. 

 

Quite a few are off shoots of other shops. Mane Room that not long opened, was set up by someone leaving Mancave and taking all his clients with him. 

 

Styles are different now; back in the day, I probably went 6 weeks or more between cuts, nowadays I'm probably getting it done 3 times a month! 

Thank you. Go back a couple of years (when I ran a shop here in NW London) there was a place took over by a ME barber. He'd moved from working in a place a mile up the road but fancied running his own business. It turned out he couldn't attract enough customers so closed up shop and went back to working for someone else. The Albanian hairdresser next door almost closed too because of lack of trade, but then started renting out chairs (and those who rented chairs brought in the customers).

I'm afraid there's a lot of wishful Schrodingers' thinking going on here. Migrants are only here to take benefits and freebies, but if they do have the cojones to start their own business (and starting a barbers or fast food can be a low cost way to start up) then obviously it's all money-laundering (clue in most cases it's not).

  • Like 1
Mickyblueeyes

Mickyblueeyes

Posted
Posted
1 hour ago, leicsmac said:

I would be interested in more specific details here, especially given the opinion above that the previous government lied to the OBR.

 

Given the election result, I would assume a majority did.

But for these policies, announced today ? By the way, I understand the decisions behind the policies, not necessarily fully agree with them but I can understand them but it’s a bit unfair to say Labour voters voted for THESE policies when it’s a departure (for good reason I’d say) from the manifesto. 

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