Seems I’m £562 worse of but I dont think that is right, think I’m a bit better off.
Basically if you work, you’re going to be better off. If you are a pensioner earning between £10,500 and £25,000 you will be worse off as they reduce your tax free allowance to bring into line with people in work. Libdems will rightly claim some of the cudos for raising the tax threshold over £9,000, that should have been a core Tory policy too. Lets take it higher, make work pay, maybe exclude the well off from the benefit next time.
We gave pensions and benefits an uptick of 5.2% in Sep when inflation had spiked right up, nothing in the budget for those on benefits on top of that. If like me you think that we shouldnt be spending more on Welfare than we do on education, health and defence COMBINED you wont have a problem with that.