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Main boards => General Discussion => Topic started by: klondike on March 06, 2024, 09:34:54 AM

Title: Budget
Post by: klondike on March 06, 2024, 09:34:54 AM
All the papers reckon Hunt will go for another NI reduction meaning most pensioners will get SFA.

Well I'll be annoyed but he won't be losing my vote. The useless sods did that quite a while back.
Mind you he wouldn't regain it whatever he did.

May they all suffer painful bleeding haemorrhoids.
Title: Re: Budget
Post by: Scrumpy on March 06, 2024, 09:47:24 AM

It was on the cards all along.. They had no intentions of helping the pensioners..

They know they have lost the grey vote.... This confirms it..
And they know they will lose the election... big time..

If I remember rightly even Starmer will not implement the triple lock..
So... I care not who runs the country.. they are all the same.. 
Title: Re: Budget
Post by: dextrous63 on March 06, 2024, 09:50:01 AM
Not that they ever bother hypothecating taxes, but I thought NI was supposed to pay for NHS, health care, armed forces etc, all of which require more funding and not less.  Lowering the NI gives a message of what the priorities are.
Title: Re: Budget
Post by: klondike on March 06, 2024, 10:10:11 AM
An excellent point. Either they are devaluing the NHS or they have to admit that the basic tax rate is close to 30% than 20% plus the employer pays another 10%+  which could otherwise have been yours.
Title: Re: Budget
Post by: Diasi on March 06, 2024, 06:48:53 PM
Quote from: Scrumpy on March 06, 2024, 09:47:24 AMIt was on the cards all along.. They had no intentions of helping the pensioners..

They know they have lost the grey vote.... This confirms it..
And they know they will lose the election... big time..

If I remember rightly even Starmer will not implement the triple lock..
So... I care not who runs the country.. they are all the same..

I've not watched the budget so what was said about the Triple Lock?
Title: Re: Budget
Post by: muddy on March 06, 2024, 06:51:20 PM
Nothing it stays then .
Title: Re: Budget
Post by: Scrumpy on March 06, 2024, 07:00:09 PM
Quote from: Diasi on March 06, 2024, 06:48:53 PMI've not watched the budget so what was said about the Triple Lock?
Nothing..
I just thought I would mention it..
I hear/read that triple lock will not happen..
I read that Starmer is not too keen on it either..

So that means that it was all empty promises by them..
So sure that would mean loss of the grey vote.. !!

I am not very clever when it comes to politics..
If I am wrong.. could someone please explain it to me..Please.

Title: Re: Budget
Post by: Raven on March 06, 2024, 07:10:21 PM
I've recorded the STV News at Six so still to find out about the budget news yet.
Title: Re: Budget
Post by: Alex on March 06, 2024, 07:13:23 PM
What about his opening statement and one million pounds allocation  ?????
Title: Re: Budget
Post by: klondike on March 06, 2024, 07:14:27 PM
I imagine that the next decision on the triple lock will be up to the new government. There is usually an indication in the autumn statement I think but we've already had our notices for April 2024-5 and had the 8.5% inflation increase.

Traditionally the Tories get the grey vote just as Labour get the muslim vote.
Title: Re: Budget
Post by: Scrumpy on March 06, 2024, 07:23:35 PM
Quote from: klondike on March 06, 2024, 07:14:27 PMI imagine that the next decision on the triple lock will be up to the new government. There is usually an indication in the autumn statement I think but we've already had our notices for April 2024-5 and had the 8.5% inflation increase.

Traditionally the Tories get the grey vote just as Labour get the muslim vote.

Thank you for explaining it Klondike..

I haven't had any notice concerning my pension as yet..
Title: Re: Budget
Post by: Diasi on March 06, 2024, 07:37:20 PM
Quote from: Scrumpy on March 06, 2024, 07:00:09 PMNothing..
I just thought I would mention it..
I hear/read that triple lock will not happen..
I read that Starmer is not too keen on it either..

So that means that it was all empty promises by them..
So sure that would mean loss of the grey vote.. !!

I am not very clever when it comes to politics..
If I am wrong.. could someone please explain it to me..Please.


Well we've had the Triple Lock this year.
Title: Re: Budget
Post by: Ashy on March 06, 2024, 07:49:16 PM
Here again are the main points of the news.
Income tax, no change.
Fuel tax, no change.
Alcohol and cigarettes (including e-cigarettes) tax increase.
VAT, no change (even though we left the eu four years ago).
State pensions as reported above, no significant change.
Title: Re: Budget
Post by: JBR on March 06, 2024, 07:59:34 PM
Quote from: Ashy on March 06, 2024, 07:49:16 PMHere again are the main points of the news.
Income tax, no change.
Fuel tax, no change.
Alcohol and cigarettes (including e-cigarettes) tax increase.
VAT, no change (even though we left the eu four years ago).
State pensions as reported above, no significant change.
So basically, no change then.

That grinning wally holding up his red handbag, and that's it?  No change.
Title: Re: Budget
Post by: klondike on March 06, 2024, 08:44:30 PM
Oh there will certainly be a change coming. That starey eyed hunt will be looking for a job for starters.

March 06, 2024, 08:50:01 PM
Quote from: Scrumpy on March 06, 2024, 07:23:35 PMI haven't had any notice concerning my pension as yet..
Mine came about a week ago. I haven't had to use it yet as I only recently bought a 24 pack (it saves 2p a roll and adds to the house insulation plus they'll be costing twice as much next time I buy.)
Title: Re: Budget
Post by: GrannyMac on March 07, 2024, 06:46:49 AM
Quote from: Alex on March 06, 2024, 07:13:23 PMWhat about his opening statement and one million pounds allocation  ?????
Nigel Farage mentioned it, he wasn't impressed either.  
Title: Re: Budget
Post by: Scrumpy on March 07, 2024, 09:16:03 AM
Quote from: Diasi on March 06, 2024, 07:37:20 PMWell we've had the Triple Lock this year.

Have we.!!   That shows how thick I am..
Title: Re: Budget
Post by: klondike on March 07, 2024, 09:56:17 AM
We got it this year and it is a done deal for 2024/5

You should have had or be getting a letter saying what you will get for 2024/5. There are various lines of text and numbers which I think get drawn from a hat and another at the bottom which is what you will actually get but not necessarily in the first payment which might be part paid at this years rate.
Title: Re: Budget
Post by: GrannyMac on March 07, 2024, 10:01:35 AM
We've both had ours.  Maybe they're working North to South Scrumpy 😉
Title: Re: Budget
Post by: klondike on March 07, 2024, 11:08:20 AM
I read that Hunt is talking about scrapping NI completely. Doubtless it would just be combined with income tax. Does he hate pensioners?
Title: Re: Budget
Post by: JBR on March 07, 2024, 11:13:02 AM
Quote from: klondike on March 07, 2024, 11:08:20 AMI read that Hunt is talking about scrapping NI completely. Doubtless it would just be combined with income tax. Does he hate pensioners?
On the news this morning: no reduction of NI this year.
Then, of course, they can pass the buck to Labour.
Title: Re: Budget
Post by: klondike on March 07, 2024, 11:33:09 AM
Quote from: JBR on March 07, 2024, 11:13:02 AMOn the news this morning: no reduction of NI this year.
Then, of course, they can pass the buck to Labour.

This says they are

https://www.gov.uk/government/publications/spring-budget-2024-personal-tax-factsheet/spring-budget-2024-personal-tax-factsheet

The government is cutting the main rate of employee National Insurance by 2p from 10% to 8% from 6 April 2024.
Title: Re: Budget
Post by: Cassandra on March 08, 2024, 04:38:12 PM

He could always return to the family Motel Business!
Title: Re: Budget
Post by: JBR on March 08, 2024, 05:54:59 PM
Quote from: klondike on March 07, 2024, 11:33:09 AMThis says they are

https://www.gov.uk/government/publications/spring-budget-2024-personal-tax-factsheet/spring-budget-2024-personal-tax-factsheet

The government is cutting the main rate of employee National Insurance by 2p from 10% to 8% from 6 April 2024.
We shall have to wait and see when the next general election will be called.
My guess is that the Tories will be out before any changes are made to NI.
Then we'll see what Labour have to say about it.

I wondered why Jeremy Hunt was standing with a broad smile on his face when he held up his red case.
Title: Re: Budget
Post by: GrannyMac on March 08, 2024, 06:11:45 PM
Quote from: Cassandra on March 08, 2024, 04:38:12 PMHe could always return to the family Motel Business!
I knew he reminded me of someone!  :grin:
Title: Re: Budget
Post by: klondike on March 08, 2024, 10:46:59 PM
Quote from: JBR on March 08, 2024, 05:54:59 PMMy guess is that the Tories will be out before any changes are made to NI.
The changes are effective from  this April as it says on the government web site which I linked to and quoted.

It you mean his aim to abolish it entirely then that almost certainly won't be happening.