| Rishi Sunak's Spring Statement 13:29 - Mar 23 with 3682 views | blueasfook |
Have to say I am rather pleased with it. Cut on fuel duty, NI threshold increased and a 1p cut on income tax.
All helpful to us hard-working folk who have nice cars to run. Thanks Mr Sunak!
|  |
| |  |
| Rishi Sunak's Spring Statement on 14:03 - Mar 23 with 1225 views | BLUEGOLD |
| Rishi Sunak's Spring Statement on 13:49 - Mar 23 by Guthrum |
To be fair, the NI threshold rise will make a reasonable difference to working people on low wages. Either taking them out of tax altogether (if earning £9k to £12k), or reduce the income NI is levied on by a fair bit (if, say, on around 15k, will halve the liability).
Doesn't help those on less than £9k or the unemployed, but they were flying below the tax system anyway. Would need actual benefits increases to sort that. |
That is a good point and is the best move made today.
Cut taxes for the lowest earners as it will all be spent on goods and services which benefits the whole economy. |  | | |
| Rishi Sunak's Spring Statement on 14:05 - Mar 23 with 1232 views | mutters |
He has clearly tried to help some but he could have gone much much further. Appreciate that one of the challenges here is all the spending during COVID has pushed the National debt up to such an eye-watering level that there has to be some carefully considered approach as to how to help people.
Irrespective of that, there were no immediate offers of help on energy, aside from reducing VAT on green initiatives. If you are in a low or very low-income house, the reality of spending such large amounts on solar panels etc is just a nonstarter. A huge sway of people will be forced into (or further into) poverty due to the energy situation. I can only hope that this is addressed more in the autumn budget and has been sidelined until then due to the warmer weather and impending summer. I am not that optimistic though.
Windfall tax on oil companies? A difficult one. I am not a fan of taxing companies just because they have had a great year, as it does send the wrong message to companies that wish to do business in the UK. However, in these times, it was probably the only option that he could have taken but he chose not to.
Overall left with a feeling of thanks for trying but just did not go far enough for me. |  |
| |
| Rishi Sunak's Spring Statement on 14:08 - Mar 23 with 1199 views | mutters |
| Rishi Sunak's Spring Statement on 14:02 - Mar 23 by Darth_Koont |
I think there’s certainly a good argument for that in many, many industries/sectors.
Isn’t there that semi-serious law about work always filling the time available? I’ve seen that happen far too much in different projects with no rise in quality or value, often the exact opposite. |
Yep its called Parkinson's law.
https://en.wikipedia.org/wiki/Parkinson%27s_law | |
| |
| Rishi Sunak's Spring Statement on 14:46 - Mar 23 with 1147 views | Darth_Koont |
That’s the one. Cheers! |  |
| |
| Rishi Sunak's Spring Statement on 14:50 - Mar 23 with 1143 views | tractordownsouth |
| Rishi Sunak's Spring Statement on 13:33 - Mar 23 by blueasfook |
Not everyone loves Corbyn and his marxist ideals you know.
Some people believe in rewarding hard working folk. Is that difficult for you to comprehend? |
I'm not a Corbynite or a Marxist but the budget is rubbish. People on Universal Credit have been left in the lurch and as for rewarding hard-working folk, a landlord (who lives off passive income) will benefit from the income tax cut and not be subject to the NI rise. Not fair at all. |  |
| |
| Rishi Sunak's Spring Statement on 14:55 - Mar 23 with 1122 views | HARRY10 |
| Rishi Sunak's Spring Statement on 14:05 - Mar 23 by mutters |
He has clearly tried to help some but he could have gone much much further. Appreciate that one of the challenges here is all the spending during COVID has pushed the National debt up to such an eye-watering level that there has to be some carefully considered approach as to how to help people.
Irrespective of that, there were no immediate offers of help on energy, aside from reducing VAT on green initiatives. If you are in a low or very low-income house, the reality of spending such large amounts on solar panels etc is just a nonstarter. A huge sway of people will be forced into (or further into) poverty due to the energy situation. I can only hope that this is addressed more in the autumn budget and has been sidelined until then due to the warmer weather and impending summer. I am not that optimistic though.
Windfall tax on oil companies? A difficult one. I am not a fan of taxing companies just because they have had a great year, as it does send the wrong message to companies that wish to do business in the UK. However, in these times, it was probably the only option that he could have taken but he chose not to.
Overall left with a feeling of thanks for trying but just did not go far enough for me. |
A windfall tax oil companies is what should happen.
That are then NOT being taxed for investing, operating better etc - just them making a profit on the fact the price of oil has gone up, so remove those excess profits.
As to the jiggery pokery with the tax/NI it will make little difference to those on Universal Credit, as the extra will simply see their monthly payments reduced accordingly, as Sunak well knows.
Guff about the rate of growth in the economy conveniently ignores where the UK started from. That every Year 5/6 etc child in the country has grown far more than me in the past 12 months or so does not mean they are now taller than me.
Inflation is going to be the real killer though. There was talk last autumn of it hitting 4, even 5% by April. Today's figures have it at 6.2%.
Yes, it will hit us all.
For Johnson, Ress-Mogg and others it will mean one less bottle in the case of champagne. For those at the bottom it means something isn't paid for. It means a decision, almost daily, on what is most important. The treadmill of grinding poverty has just been cranked up another notch. Saw that as a child and wouldn't wish it any one.
Watching Parliament today and the phrase "one half doesn't know how the other half lives" was brought into stark reflection. [Post edited 23 Mar 2022 15:33]
| | | |
| Rishi Sunak's Spring Statement on 15:09 - Mar 23 with 1094 views | GlasgowBlue |
| Rishi Sunak's Spring Statement on 14:55 - Mar 23 by HARRY10 |
A windfall tax oil companies is what should happen.
That are then NOT being taxed for investing, operating better etc - just them making a profit on the fact the price of oil has gone up, so remove those excess profits.
As to the jiggery pokery with the tax/NI it will make little difference to those on Universal Credit, as the extra will simply see their monthly payments reduced accordingly, as Sunak well knows.
Guff about the rate of growth in the economy conveniently ignores where the UK started from. That every Year 5/6 etc child in the country has grown far more than me in the past 12 months or so does not mean they are now taller than me.
Inflation is going to be the real killer though. There was talk last autumn of it hitting 4, even 5% by April. Today's figures have it at 6.2%.
Yes, it will hit us all.
For Johnson, Ress-Mogg and others it will mean one less bottle in the case of champagne. For those at the bottom it means something isn't paid for. It means a decision, almost daily, on what is most important. The treadmill of grinding poverty has just been cranked up another notch. Saw that as a child and wouldn't wish it any one.
Watching Parliament today and the phrase "one half doesn't know how the other half lives" was brought into stark reflection. [Post edited 23 Mar 2022 15:33]
|
I thought oether hald was a Saxon nobleman who fought against the Danes in 865 AD. Not sure how he lived though? |  |
| |
| Rishi Sunak's Spring Statement on 15:17 - Mar 23 with 1086 views | Illinoisblue |
| Rishi Sunak's Spring Statement on 13:40 - Mar 23 by blueasfook |
Ah that was funny, I think old Bolshers had to change his number! |
Haha, superb. I missed that one at the time. And I dare not go back over the last fifteen years or so and think about all the hours wasted on here and the budgie boards. Who was the rat fella on canary corner? He was always easy to wind up |  |
| |
Login to get fewer ads
| Rishi Sunak's Spring Statement on 15:28 - Mar 23 with 1063 views | keighleyblue |
you havent done a lot of thinking around this have you |  | | |
| Rishi Sunak's Spring Statement on 15:40 - Mar 23 with 1047 views | HARRY10 |
| Rishi Sunak's Spring Statement on 13:49 - Mar 23 by Guthrum |
To be fair, the NI threshold rise will make a reasonable difference to working people on low wages. Either taking them out of tax altogether (if earning £9k to £12k), or reduce the income NI is levied on by a fair bit (if, say, on around 15k, will halve the liability).
Doesn't help those on less than £9k or the unemployed, but they were flying below the tax system anyway. Would need actual benefits increases to sort that. |
Not really
Most on low income are on Universal Credit, so any increase will simply be clawed back | | | |
| Rishi Sunak's Spring Statement on 15:46 - Mar 23 with 1036 views | HARRY10 |
| Rishi Sunak's Spring Statement on 13:30 - Mar 23 by BLUEGOLD |
An income tax cut in 2 years wow |
a 'possible' income tax cut - depending on circumstances | | | |
| Rishi Sunak's Spring Statement on 15:55 - Mar 23 with 1025 views | XYZ |
| Rishi Sunak's Spring Statement on 13:49 - Mar 23 by Guthrum |
To be fair, the NI threshold rise will make a reasonable difference to working people on low wages. Either taking them out of tax altogether (if earning £9k to £12k), or reduce the income NI is levied on by a fair bit (if, say, on around 15k, will halve the liability).
Doesn't help those on less than £9k or the unemployed, but they were flying below the tax system anyway. Would need actual benefits increases to sort that. |
If you earn £13k and are on Universal Credit then they'll probably claw back part of the UC given you net pay has increased.
Good to see NICs and Income Tax move closer together, though. | | | |
| Rishi Sunak's Spring Statement on 16:00 - Mar 23 with 1010 views | Pinewoodblue |
The alignment of Income tax and National Insurance allowances is an interesting one.
There really is no need to have two taxes when they could easily be merged into one with I’m sure significant cost savings.
When will a political party be brave enough to make the change.
Complete review needed,we need more tax bands. There would be a need to introduce a height tax allowance for pensioners who currently do pay NI contributions. |  |
| |
| Rishi Sunak's Spring Statement on 16:18 - Mar 23 with 993 views | Swansea_Blue |
| Rishi Sunak's Spring Statement on 14:03 - Mar 23 by BLUEGOLD |
That is a good point and is the best move made today.
Cut taxes for the lowest earners as it will all be spent on goods and services which benefits the whole economy. |
In theory, but the cost rises are so great there's no chance of this happening nor of people paying off household debt which was one of his fundamental underpinning assumptions. People are already having to curb spending and we haven't even seen the higher energy costs bite yet. Post-October is going to be horrendous for so many more people than those already struggling. |  |
| |
| Rishi Sunak's Spring Statement on 20:20 - Mar 23 with 907 views | factual_blue |
...who have nice cars they can run into potholes.
Poor trolling on your part btw. |  |
| |
| Rishi Sunak's Spring Statement on 20:58 - Mar 23 with 872 views | factual_blue |
| Rishi Sunak's Spring Statement on 13:53 - Mar 23 by BlueBadger |
Speaking of hard work, are you posting this from the office, perchance? |
People can use Jobcentre computers for 'job searching'. | |
| |
| Rishi Sunak's Spring Statement on 21:14 - Mar 23 with 845 views | Nthsuffolkblue |
| Rishi Sunak's Spring Statement on 13:34 - Mar 23 by BLUEGOLD |
Oh and fuel duty in most of Europe has been cut by at least 10p a litre too.
More to celebrate eh |
Ah but they must already pay more duty ... they aren't freed from the shackles of the EU who must demand it. ... oh. |  |
| |
| Rishi Sunak's Spring Statement on 21:14 - Mar 23 with 845 views | Ewan_Oozami |
| Rishi Sunak's Spring Statement on 16:00 - Mar 23 by Pinewoodblue |
The alignment of Income tax and National Insurance allowances is an interesting one.
There really is no need to have two taxes when they could easily be merged into one with I’m sure significant cost savings.
When will a political party be brave enough to make the change.
Complete review needed,we need more tax bands. There would be a need to introduce a height tax allowance for pensioners who currently do pay NI contributions. |
Absolutely agree, being 5ft 8in tall myself, a height tax is exactly what we need, get those tall people who use up more resources to pay their fair share.... |  |
| |
| Rishi Sunak's Spring Statement on 21:17 - Mar 23 with 837 views | LeoMuff |
| Rishi Sunak's Spring Statement on 13:33 - Mar 23 by blueasfook |
Not everyone loves Corbyn and his marxist ideals you know.
Some people believe in rewarding hard working folk. Is that difficult for you to comprehend? |
and don’t forget rewarding the hard working energy companies with billions in additional profit.
See this trolling larks easy. |  |
| |
| Rishi Sunak's Spring Statement on 21:23 - Mar 23 with 824 views | Nthsuffolkblue |
| Rishi Sunak's Spring Statement on 14:02 - Mar 23 by Darth_Koont |
I think there’s certainly a good argument for that in many, many industries/sectors.
Isn’t there that semi-serious law about work always filling the time available? I’ve seen that happen far too much in different projects with no rise in quality or value, often the exact opposite. |
A chap I knew who worked offshore said they often had contractors in and jobs that the company could do with being finished in decent time. The contractors would generally say that the job would take until 6pm and the bosses would ask if they could speed it up at all. The response was invariably "if you agree to pay us until 6, we will see what we can do." Once the agreement was reached they were done and cleared from the site by 3.
I have seen and heard of similar in action plenty of times in other industries too. The work will expand to fill the time available. | |
| |
| Rishi Sunak's Spring Statement on 21:43 - Mar 23 with 797 views | cressi |
| Rishi Sunak's Spring Statement on 13:33 - Mar 23 by blueasfook |
Not everyone loves Corbyn and his marxist ideals you know.
Some people believe in rewarding hard working folk. Is that difficult for you to comprehend? |
I've always worked never been given anything by any government
But proud to say I have never ever voted Tory and never will its looking at urself in the mirror | | | |
| Rishi Sunak's Spring Statement on 22:09 - Mar 23 with 752 views | mylittletown |
You need to read some proper analysis by someone who actually understands the economy.
Looks like it is good enough for the ignorant though. [Post edited 23 Mar 2022 22:10]
|  | | |
| Rishi Sunak's Spring Statement on 22:19 - Mar 23 with 729 views | BanksterDebtSlave |
| Rishi Sunak's Spring Statement on 22:09 - Mar 23 by mylittletown |
You need to read some proper analysis by someone who actually understands the economy.
Looks like it is good enough for the ignorant though. [Post edited 23 Mar 2022 22:10]
|
Those with the least paying the most for the comfortably off's furlough! Think that covers it. |  |
| |
| Rishi Sunak's Spring Statement on 22:27 - Mar 23 with 702 views | N2_Blue |
| Rishi Sunak's Spring Statement on 15:17 - Mar 23 by Illinoisblue |
Haha, superb. I missed that one at the time. And I dare not go back over the last fifteen years or so and think about all the hours wasted on here and the budgie boards. Who was the rat fella on canary corner? He was always easy to wind up |
Ratpack wasn't it. Gosh those days of crafty canary and Bolshie seem an age ago.
Does anyone know what became of Thicky Bilverstone? |  |
| |
| Rishi Sunak's Spring Statement on 23:51 - Mar 23 with 650 views | JDB23 |
| Rishi Sunak's Spring Statement on 14:02 - Mar 23 by Darth_Koont |
I think there’s certainly a good argument for that in many, many industries/sectors.
Isn’t there that semi-serious law about work always filling the time available? I’ve seen that happen far too much in different projects with no rise in quality or value, often the exact opposite. |
It's funny, we had a general meeting of our team the other day chaired by our director and a few people raised the 4 day working week idea. He said it would be impossible to implement now as people would not be able to cope with the reduced wages..
I'm staggered at how a director responsible for 1000's of employees doesn't actually know what the concept of a 4 day working week is. | | | |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
