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[STEMO]

Ah, I think your right. 

Makes a change. 

I'm always right, and you know it 

[Field Marshal Dr. Opti]

High tax, high spend budget.
They claim the number one priority is economic growth, but high tax / high spend means this is unlikely in the extreme.
Economic illiteracy yet again, but its in Labours DNA.

Agreed...the 2  don't tend to go together.

[Doctor Gollum]

I'm pretty shit at Maths, and even I know that low taxation promotes growth which in turn increases tax revenue.

It's not rocket science but apparently the Leftists have never been able to figure that out... In fact dyspraxia is a prerequisite of being a Labour chancellor. Go figure.

[STEMO]

Despite all the hype, I'm find it hard to get even slightly upset about this budget. We will all get to keep less of any pay rises in future, but they are still positive figures, not negative. As far as I can see, no one will starve to death.

If anyone on here is negatively affected (apart from salary sacrifice), please let us know how exactly.
I'm assuming no one has a property worth £2 million+ and, even if you do, it's only £4500.

[STEMO]

State pensioners, like me, have already had a £200 winter fuel allowance and will get about £550 next April. There's nothing to moan about there. Also, over 65's get to keep their full £20,000 tax free isa allowance.
Anyone who complains about the reduction to £12,000 from April 2027....well....you can hardly claim poverty if you can afford to save that much.

[Doctor Gollum]

Only £4,500

Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.

Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.

It might seem like a bit here or there, but it's on top of everything that's already taken.

This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF

[STEMO]

Only £4,500

Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.

Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.

It might seem like a bit here or there, but it's on top of everything that's already taken.

This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF

I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc.

[Sir Tigger KC]

Bloody hell!        Uncle STEMO's become a socialist! 

[STEMO]

Someone once said 'You've never had it so good', and people who grew up in the 50's and 60's, like me, know exactly what being skint actually means.
Like I've said on here before, if people are so envious of the amount benefit claimants get, give it a whirl and see if it suits.

[STEMO]

Bloody hell!        Uncle STEMO's become a socialist! 

Not at all, Tigger, but I'm not jumping on the 'we're all skint' bandwagon, when we patently aren't. I hate seeing money spent on asylum seekers and work shy bastards as much as the next man, but I wouldn't swap places with them.

[Doctor Gollum]

Only £4,500

Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.

Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.

It might seem like a bit here or there, but it's on top of everything that's already taken.

This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF

I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc.

It's from Sky News yesterday, hardly a YouTube explanation

If I had a £illion.pound house, not that that buys much nowadays down South, I wouldn't have the spare to.piss around with the car.

[Migv6 le Frog Fan]

Im in a salary sacrifice pension scheme.
Im a state pensioner who is still working. The fiscal drag of tax allowances remaining unchanged mean I effectively pay 20% tax on my state pension, and inflation will eat into my standard of living.
One of the reasons Im still working is that Gordon Brown hammered those of us who were responsible enough to pay into private pensions out of our wages at the time.
There should be a law against Labour being in charge of the countries finances, even if they are in Government.

[STEMO]

Im in a salary sacrifice pension scheme.
Im a state pensioner who is still working. The fiscal drag of tax allowances remaining unchanged mean I effectively pay 20% tax on my state pension, and inflation will eat into my standard of living.
One of the reasons Im still working is that Gordon Brown hammered those of us who were responsible enough to pay into private pensions out of our wages at the time.
There should be a law against Labour being in charge of the countries finances, even if they are in Government.

You're minted, Albs, it's common knowledge 
Driving around the country lanes of Essex in your Porsche, life of Riley.

[STEMO]

Only £4,500

Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.

Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.

It might seem like a bit here or there, but it's on top of everything that's already taken.

This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF

I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc.

It's from Sky News yesterday, hardly a YouTube explanation

If I had a £illion.pound house, not that that buys much nowadays down South, I wouldn't have the spare to.piss around with the car.

Why watch sky news on YouTube? Just watch sky news 

[Doctor Gollum]

That would involve being at home