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Todays Budget
 

[Closed] Todays Budget

 hora
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[#1728147]

Gulp


 
Posted : 22/06/2010 10:55 am
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Bike to Work to be scrapped do you reckon?


 
Posted : 22/06/2010 10:56 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 10:57 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 10:59 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 11:11 am
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Corporation tax may drop - yipppeee!!


 
Posted : 22/06/2010 11:14 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 11:15 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 11:18 am
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Bike to work should definitely be scrapped, the abuse of the scheme is terrible.


 
Posted : 22/06/2010 11:22 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 11:25 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 11:26 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 11:28 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 11:31 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 11:42 am
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you're safe hora - it's going to target the middle-class.


 
Posted : 22/06/2010 11:43 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 11:44 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 12:28 pm
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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 12:32 pm
 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 12:51 pm
 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 12:54 pm
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pay cut for next 2yrs..........great 😐


 
Posted : 22/06/2010 12:56 pm
 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 1:05 pm
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bruneep, cut or freeze?


 
Posted : 22/06/2010 1:08 pm
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hey bruneep our brigade is on a 5 year freeze already ;-(


 
Posted : 22/06/2010 1:09 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 1:11 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 1:12 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 1:13 pm
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Which one is the deputy leader...the fat cat sitting in the green barker lounger??


 
Posted : 22/06/2010 1:13 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 1:14 pm
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best get that new bike this year then...20% vat


 
Posted : 22/06/2010 1:17 pm
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and Vat 20% from Jan..........deep joy


 
Posted : 22/06/2010 1:17 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 1:17 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 1:18 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 1:20 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 1:22 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 1:25 pm
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very good el-bent. 😕


 
Posted : 22/06/2010 1:28 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 1:31 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 1:32 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 1:32 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 1:39 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 1:41 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 1:41 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 1:42 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 1:43 pm
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