briantrumpet
Squire
Which is what the regional mayors were asking for, not a top-down national scheme.
Budget 2025
- Thread starter Beebo
- Start date
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Which is what the regional mayors were asking for, not a top-down national scheme.
bobzmyunkle
Veteran
We're well beyond that dude. But I do think she should have increased tax allowances, even if it was only for the bottom rate.
Any suggestions for who'd be doing better?
Dorset Boy
Active Member
My concern is the UK will charge £10 pp pn, whereas in Europe is is typically 1.2-2.2 Euros pp pn.
briantrumpet
Squire
Not remorse at all, as the Tories had to go, but disappointment that Labour isn't being bolder, and despite their pandering to Farage because of the ridiculous Blue Labour faction who think they can out-Farage Farage, yet expect progressive voters to carry on supporting them.
I haven't actually heard a plan from either the Tories or Reform how they'd dig us out of this hole. I'm guessing neither would consider a return to the Single Market or Customs Union either, so what other levers could they use? Remembering the Tories after Johnson, Truss tried to bring the whole edifice down with fairytale economics (borrow for tax cuts for the rich), and Sunak twiddled his thumbs and trolled the Labour Party, while not really doing any governing at all. Reform are just a fiscal shambles (see Kent County Council and others).
I've made the comment several times, but the Tories could turn this on its head, if they returned to their roots of pragmatism, recognising the mistake of Brexit and saying they'd look at a return to the SM & CU on its merits, in light of the economic malaise, and be pro-business, rather than anti-foreigner and pro-rich people. I genuinely don't know what they've got to lose, given their polling, and the dominance of Reform on the far right. I would still hate the party for having inflicted Johnson on us, but contrition and pragmatism might make me hate them less.
BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
My quick calculation (based on single person, working 35 hours at new NMW, say for example a care worker, living in a South Tyneside Council 1 bedroom flat). Single occupancy, so, I have applied 25% discount to Council Tax. I have omitted Workplace Pension Contribution, which I believe would also be a deduction from Gross Pay:
I use the term "disposable income" to mean what they have left after bills they cannot really control, but, cannot avoid. There are obviously other costs (heating, clothing, travel to work, etc). The same person living in Private Rented accommodation would, in all likelihood be paying more rent, and, possible more Council Tax (to the best of my knowledge, ALL South Tyneside Council properties are band A, regardless of location/size/quality.
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briantrumpet
Squire
Yeah, that'd be daft, but I assume that there would be an incentive to balance the revenue with the attractiveness/affordability for visitors, so mayors would use their discretion vaguely wisely, as they will suffer a downturn if they pitch it too high.
BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
I do like an optimist 😂
briantrumpet
Squire
Well, I've just eaten pudding, so the world is temporarily a better place, where lambs gambol freely and politicians always make the right choices for their constituencies and the wider public.
bobzmyunkle
Veteran
Surely it's the mayor's call. Why shoot you're in the foot?
OP
OP
Beebo
Guru
They say it will only be £2 a night. But will be charged even on UK visitors.
I’m always amazed that the big world class museums and art galleries don’t charge an entry fee to tourists. It’s a bargain for international tourists.
The USA are currently increasing visa costs and charging non US citizens $100 to enter national parks.
https://apple.news/AqVf-Qkr_RbCcBxGmwjmJ7g
Pross
Senior Member
Cardiff is looking to do £1.30 per night and 75p for camping / shared rooms. Seems reasonable and I can’t see it really affecting people going there. Like most things you’ll probably find people on social media saying they won’t be able to afford to visit but you’ll always get that for a cost that isn’t a personal choice. They would probably spend that on many other things without even thinking about it.
midlandsgrimpeur
Well-Known Member
Piece in the Guardian today looking at how the budget has affected different people. Couple with two kids, joint household income of £82k plus the wife has potential additional £50k in bonusses each year. They weren't complaining about the budget as such but did say “struggling to save but not just that we are also struggling to pay the bills and put food on the table.”
I don't want to cause a massive pile on but I do struggle with people who say earn above decent money and claim they are struggling to eat. Surely a joint income in excess of £80k with the possibility of more, means that if you are struggling to pay the bills it is because you have likely chosen to take on some fairly large costs such as an expensive house with a large mortgage?
I don't want to sound harsh but am I missing something here, or are people in this position usually struggling as a result of their taking on too much unnecessarily?
I don't want to cause a massive pile on but I do struggle with people who say earn above decent money and claim they are struggling to eat. Surely a joint income in excess of £80k with the possibility of more, means that if you are struggling to pay the bills it is because you have likely chosen to take on some fairly large costs such as an expensive house with a large mortgage?
I don't want to sound harsh but am I missing something here, or are people in this position usually struggling as a result of their taking on too much unnecessarily?
briantrumpet
Squire
I must have missed that bit of the Budget...
Dorset Boy
Active Member
VCTs - so RfA with one had increases the range of companies they can invest in, but with the other hand makes them a far less attractive investment vehicle by reducing the 30% tax credit to 20%.
It is exactly these small businesses that seek funding to grow further that drive economic growth, but they are risky places to invest, hence the tax credit as an incentive to take on that risk.
Utterly incoherent.
Now let's see how the detail of the salary exchange changes pans out.
It is exactly these small businesses that seek funding to grow further that drive economic growth, but they are risky places to invest, hence the tax credit as an incentive to take on that risk.
Utterly incoherent.
Now let's see how the detail of the salary exchange changes pans out.
CXRAndy
Shaman
Consequence of the budget.
Left wing ideology, everyone is equal opportunity, DIE, woke.
Crush the individual who wants to strive for better
Never ever works in practice, the leaders always want more than the plebs.
