Todays Budget
 

[Closed] Todays Budget

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 hora
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Gulp


 
Posted : 22/06/2010 9:55 am
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Bike to Work to be scrapped do you reckon?


 
Posted : 22/06/2010 9:56 am
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im just praying it doesnt come into effect right away and waits til april ;-( i think as i work in fire service mrs is in a non essential nhs mental health post and ive two little ones in nursery im well ****ed


 
Posted : 22/06/2010 9:57 am
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Bike to Work to be scrapped do you reckon?

It will if anyone reads the forum posts from people boasting on how they've skinned the scheme 🙄


 
Posted : 22/06/2010 9:59 am
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Bike to Work [i]should[/i] be scrapped. It wouldn't save much, but it all helps.

It is no part of the job of government to be diverting tax-payers' money towards supporting the niche cyclo-cross bike industry. 🙂


 
Posted : 22/06/2010 10:11 am
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Corporation tax may drop - yipppeee!!


 
Posted : 22/06/2010 10:14 am
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+1 BD. It will also put more people back in cars on public transport so bolster tax revenues.


 
Posted : 22/06/2010 10:15 am
 hora
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I do think scrapping the £500 Trust-fund for every child is a bloody good idea.


 
Posted : 22/06/2010 10:18 am
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Bike to work should definitely be scrapped, the abuse of the scheme is terrible.


 
Posted : 22/06/2010 10:22 am
 Nick
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I probably should lose the 40 quid a month child tax credit, hope I don't though.


 
Posted : 22/06/2010 10:25 am
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Bike to work should definitely be scrapped, the abuse of the scheme is terrible.

I don't think it is abused terribly. 99% of the people in my office just bought standard bikes, as did all of my (non mtb'ing) friends.

Obviously on a MTB website you're far more likely to here about the few that have abused it, distorting your view.


 
Posted : 22/06/2010 10:26 am
 hora
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Any views on how this will affect the Bank of England's base rate? Thats the bit I'm personally worried about.


 
Posted : 22/06/2010 10:28 am
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Obviously on a MTB website you're far more likely to here about the few that have abused it, distorting your view.

Fair point.


 
Posted : 22/06/2010 10:31 am
 IHN
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I'm just praying that the VAT increase doesn't kick in immediately, seeing as I've got four grand's worth of estate agent and solicitor's fees to pay imminently...


 
Posted : 22/06/2010 10:42 am
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you're safe hora - it's going to target the middle-class.


 
Posted : 22/06/2010 10:43 am
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can't see an immediate vat rise, to be honest, even though these things traditionally get done at the start of a new governments reign, when the hope is it'll be forgotten about come election time.
There's too much risk of the coalition failing and a new election having to be called. Probably get deferred for a year.

A fall in corporation tax would be welcome, however I live in fear of a tightening up of the rules surrounding IR35.


 
Posted : 22/06/2010 10:44 am
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If anything I would have thought that IR35 would be scaled back by the conservatives to encourage more people to start up in business.


 
Posted : 22/06/2010 11:28 am
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Do you think Gordon Brown is watching the budget whilst sipping a mojito on a beach some where laughing??


 
Posted : 22/06/2010 11:32 am
 hora
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Do you think Gordon Brown is watching the budget whilst sipping a mojito on a beach some where laughing??

I though Alistair Darling offering advice on Sundays BBC News was disgusting.

It'd be like Harold Shipman setting up a caring Palliative advice line.


 
Posted : 22/06/2010 11:51 am
 TimP
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Good to see the Euro Preparation Unit has been scrapped....
Hora, I agree, although I wasn't watching in depth, but he seemed to be telling the Government what they were about to do was wrong, but without mentioning that Labour might be a little bit to blame for the state of the economy


 
Posted : 22/06/2010 11:54 am
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pay cut for next 2yrs..........great 😐


 
Posted : 22/06/2010 11:56 am
 hora
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Hora, I agree, although I wasn't watching in depth, but he seemed to be telling the Government what they were about to do was wrong, but without mentioning that Labour might be a little bit to blame for the state of the economy

It struck me as political point-scoring with naked-disregard for responsibility for how the debt got to such a level.

Funnily in the commons 'that Blair woman' said Con'Lib was a coalition made in a thorny-rose garden. Cameron immediately stood up and said 'the shame that you don't have the decency to apologise for the mess you've left this country in'. I don't think she replied with all the jeering/cheering that followed.


 
Posted : 22/06/2010 12:05 pm
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bruneep, cut or freeze?


 
Posted : 22/06/2010 12:08 pm
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hey bruneep our brigade is on a 5 year freeze already ;-(


 
Posted : 22/06/2010 12:09 pm
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"cut" unless there is -'ve inflation.

where do I apply for housing benefit......"Housing benefit will be limited to a maximum of £400 per week for a four-bedroom house under radical reforms, Mr Osborne says."

£1600, That's more than my mortgage.


 
Posted : 22/06/2010 12:11 pm
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Funny that Cameron in obscured by that swede giving the budget. Just lib dems either side who don't look that fussed to be honest.

🙂


 
Posted : 22/06/2010 12:12 pm
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freeze is really a cut though isn't it? Unless, say, you're a teacher or similar who automatically goes up a points scale with each years service, subject to satisfactory performance.


 
Posted : 22/06/2010 12:13 pm
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Which one is the deputy leader...the fat cat sitting in the green barker lounger??


 
Posted : 22/06/2010 12:13 pm
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400 a week for a house i might jack in work and get on the rock and roll ;-(


 
Posted : 22/06/2010 12:14 pm
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best get that new bike this year then...20% vat


 
Posted : 22/06/2010 12:17 pm
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and Vat 20% from Jan..........deep joy


 
Posted : 22/06/2010 12:17 pm
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i would have liked to see a massive hike in VAT for non essential expensive luxury stuff and leave it alone for food, clothes etc.
good thing about VAT is that you can't avoid (evade) it. not like income tax where you pay a good accountant and you can make your money invisible to the taxman. the tax system is really complex and is a black hole for resources meaning a stupid number of people required to work in inland revenue. some people argue for a flat rate of tax, say 20% on everything rich or poor. some of the fairer social democracies like the scandinavian countries have this system.


 
Posted : 22/06/2010 12:17 pm
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you say £400 is a lot but on the BBC a while ago there was a woman getting £1600 a week to rent a 4 bed house in westminster. obviously that is going to be a one off but still i would say that rather takes the pi$$.


 
Posted : 22/06/2010 12:18 pm
 hora
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here do I apply for housing benefit......"Housing benefit will be limited to a maximum of £400 per week for a four-bedroom house under radical reforms, Mr Osborne says."

There are houses rented out from the private sector in London way above £400 a week. Crackers I know but if theres a large family and a shortage of council stock the council has an obligation to house the family. Private landlords also know they can easily get that amount+ for a 4bed house in London rented out?


 
Posted : 22/06/2010 12:20 pm
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There's council accommodation in some very good London postcodes; shame they can't be redeveloped and the owners moved somewhere cheaper....


 
Posted : 22/06/2010 12:22 pm
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There's council accommodation in some very good London postcodes; shame they can't be redeveloped and the owners moved somewhere cheaper....

What like they did in Westminster? 😉


 
Posted : 22/06/2010 12:25 pm
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very good el-bent. 😕


 
Posted : 22/06/2010 12:28 pm
 br
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[i]A fall in corporation tax would be welcome, however I live in fear of a tightening up of the rules surrounding IR35. [/i]

IR35 isn't a problem if you run a proper business, just band together with another contractor - job done


 
Posted : 22/06/2010 12:31 pm
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I wish someone would run in there and rugby tackle this bitch on the telly...she is so irritating.


 
Posted : 22/06/2010 12:32 pm
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Harmen's voice grates! .. She sounds almost like Delia in her "Let's be avin ya" moment.


 
Posted : 22/06/2010 12:32 pm
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IR35 isn't a problem if you run a proper business, just band together with another contractor - job done

Not a bad idea. Currently a bit worried about my current contract not being project-based.

Who wants to join me?


 
Posted : 22/06/2010 12:39 pm
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You'd think that she would have a bit of shame - stand up, apologise for being part of a government that has damaged the economy more than any other since Labour were last in power, walk out of the door and throw herself under a bus.


 
Posted : 22/06/2010 12:41 pm
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i would have liked to see a massive hike in VAT for non essential expensive luxury stuff and leave it alone for food, clothes etc.

Most food is VAT free, as are kids clothes


 
Posted : 22/06/2010 12:41 pm
 br
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molgrips

tbh we just kinda fell into it, as I went contracting first and then my wife joined me - and because we both earn fees, we've no issue with divi's nor IR35.

Also no probs with expenses (at a single 'client' over 2 years, as its treated as an 'outsource').

You just need to ensure that if you join with someone else that you write up the company 'legals' correctly.


 
Posted : 22/06/2010 12:42 pm
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So as long as you dont have kids or a second house, drink cider and not working in the public sector you should be alright.


 
Posted : 22/06/2010 12:43 pm
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Nice of her to lay into the new budget without any reference to the reason for it and the previous governments profligacy and complete lack of fiscal credibility. Interesting to see Alistair Darling sitting there with barely an emotion or response. Clearly he knew how badly the economy was shagged and that it would take a robust budget plan to address it.


 
Posted : 22/06/2010 12:44 pm
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cant understand why they havent hammered fags and booze tbh


 
Posted : 22/06/2010 12:46 pm
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Anyone else hear him mention the lack of investment in the early 90's right near the start as a contributary factor? I had to pinch myself, and by the time I had checked that I was actually not dreaming the moment had gone.


 
Posted : 22/06/2010 12:48 pm
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Us civil servants paying for the mistakes of the bankers and the last government - f'kin great...


 
Posted : 22/06/2010 12:51 pm
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and why isnt international aid being cut . surely look after yourself then others


 
Posted : 22/06/2010 12:51 pm
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i think the cut in benefits and rise in vat will be hitting a lot of lower income families very hard, booze and fags would just be hitting them harder

and i didnt realise that 1.7 million public sector workers already earnt less than 21k a year


 
Posted : 22/06/2010 12:53 pm
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cant understand why they havent hammered fags and booze tbh

WHAT! have you been to a pub recently most pints even cooking lager like fosters is £3 odd, and cigarettes/tobacco are very expensive you can't keep targeting tobacco users whether you are one or not.


 
Posted : 22/06/2010 12:55 pm
 hora
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Us civil servants paying for the mistakes of the bankers and the last government - f'kin great...

The MP's wont be suffering will they. Even those three under criminal investigation are receiving Legal Aid FFS.


 
Posted : 22/06/2010 12:56 pm
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I don't care what you hear about heads of councils earning shiploads, yes, there are those but they are very much the exception. I work for the Met Office, have been at my job for 8-years, have a PhD and earn less than £30K - i.e. most civil servants earn relatively crap wages

Booze and fags - yes, this will hit the lower end hardest, but then again, how much does it cost the economy in health-related ilnesses.

Also, anything which involves ££ hits the poorest hardest as they've got the least disposable income


 
Posted : 22/06/2010 12:56 pm
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i get the feeling the defecit is a convenient excuse for the Tories to bring in lots of cuts to the civil service that they'd have wanted to do anyway.


 
Posted : 22/06/2010 12:56 pm
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jonjones13 - did you vote for the last government?

If you did, then you can't sit down, enjoy the meal and complain when the bill gets presented to you.


 
Posted : 22/06/2010 12:56 pm
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tails yes i was in on friday got wrecked and smoked too 😉 still cant understand it not going up tho. you dont have to drink and smoke its a choice


 
Posted : 22/06/2010 12:56 pm
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and why isnt international aid being cut . surely look after yourself then others

thats what I always think but it must be more to do with business or you'd surly cut that.

Out of interest is the War, generating or costing money?


 
Posted : 22/06/2010 12:57 pm
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...the war in Iraq was costing about £1BN/year

Yeah, I did vote, Lib dem - stolen vote.... etc etc


 
Posted : 22/06/2010 1:00 pm
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jonjones

http://www.statistics.gov.uk/cci/nugget.asp?id=285

read thye last sentence in the first part please


 
Posted : 22/06/2010 1:02 pm
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i think the cut in benefits and rise in vat will be hitting a lot of lower income families very hard, booze and fags would just be hitting them harder

Maybe families on very low incomes shouldn't be spending money on booze and fags?


 
Posted : 22/06/2010 1:07 pm
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gusamac - that is not comparing like with like tho.

Public sector workers are less likely to be blue coller and more white coller

compare like with like and public sector get paid less.

Diploma and degree here ( paid for myself). 30 yrs experience. under £25 000 pa


 
Posted : 22/06/2010 1:18 pm
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you are right jon of course but why take away one of the few pleasures they have?


 
Posted : 22/06/2010 1:18 pm
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Up until 2 years ago, I was a Civil Servant (5 years with DWP). I was at the top of my grade - Admin. Officer. My salary when I left was £16,000 per annum and absolutley no chance of promotion as all the jobs were locked in. I could go to the next level up as Team Leader -Executive Officer but I wouldn't have been paid more and it would only have been a temporary position anyway.
The constant crap about Civil Servants having it easy does my head in. I'm much better off with the council :-}


 
Posted : 22/06/2010 1:19 pm
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All looks fair enough to my given the circumstances. Having said that I don't live in the UK, but I do pay 25% VAT...


 
Posted : 22/06/2010 1:20 pm
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Presumably once the deficit is reduced and growth assured public sector workers (like me) will receive nice big pay increases to compensate for these pay cuts? Oh wait, the Tories are in power...


 
Posted : 22/06/2010 1:25 pm
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you are right jon of course but why take away one of the few pleasures they have?

Smoking isn't really a pleasure is it? it's something you do becuase you (think) you're addicted - so no, I don't buy that at all.

Booze, maybe you have a point but again it's about priorities surely? and it's something you can do without. If you can't afford it, find some pleasures which don't cost you anything - there are plenty about.


 
Posted : 22/06/2010 1:26 pm
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My response to Mr Osborne is:

I'll give a freeze in effort and interest at work over the next 2yrs.


 
Posted : 22/06/2010 1:30 pm
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I'll give a freeze in effort and interest at work over the next 2yrs.

and if you work in the public sector they won't fire you 🙂


 
Posted : 22/06/2010 1:31 pm
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Better a pay freeze than a job loss. I suspect any moaners will be noted down and slung out at the earliest opportunity.


 
Posted : 22/06/2010 1:32 pm
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I'll give a freeze in effort and interest at work over the next 2yrs.

As it's the public sector not sure anyone will really notice or care. 😉


 
Posted : 22/06/2010 1:37 pm
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Edinburgh City Council have a scheme where they rent houses and flats etc off private landlords and pay them approximately double the market value, so that they can house homeless people.


 
Posted : 22/06/2010 1:40 pm
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TJ, at what point during the 30 years doing what you do did you realise you were not meeting your salary expectations 😉


 
Posted : 22/06/2010 1:43 pm
 hora
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I'll give a freeze in effort and interest at work over the next 2yrs.

So you'll double your capacity?


 
Posted : 22/06/2010 1:44 pm
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nice line Hora
Link Obi _troll?


 
Posted : 22/06/2010 1:44 pm
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Junkyard - no link - no troll either.


 
Posted : 22/06/2010 1:49 pm
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Obi_Twa - Member
Edinburgh City Council have a scheme where they rent houses and flats etc off private landlords and pay them approximately double the market value, so that they can house homeless people.

Sounds like a good policy. Many landlords won't touch people on benefits, let alone the homeless.


 
Posted : 22/06/2010 1:54 pm
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Just heard from a mate at work that our local council employees were so worried about the spending cuts in the public sector that a load of them have gone off sick with worry!

Oh, how we laughed.

It'll be interesting to see what tomorrow's papers say about the budget... I look forward to reading the Mail's "average family" comparison chart.

Edited to add that I was very surprised (not) to see Gordon absent from the Labour benches. My already low opinion of the man has sunk even lowerier.


 
Posted : 22/06/2010 1:55 pm
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well personally it could have been much worse. as it is my work is on a 5 year pay freeze and a 5 year recruitment freeze to and our pensions are getting ruined anyway


 
Posted : 22/06/2010 1:56 pm
 mt
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bruneep - Member
"My response to Mr Osborne is:

I'll give a freeze in effort and interest at work over the next 2yrs."

You could try getting a job in the private sector, though perhaps your are in the right place with that attitude.
Any chance we could swap pension provision?


 
Posted : 22/06/2010 1:58 pm
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