The Labour Government

So my tax on the EV will double in 2028, time to get rid by then I think. Even worse on hybrids you get stung twice.
Most of the budget was a bit meh with not a lot to get either excited or depressed about. However the tax on EVs is a disgrace tbh. The extended freeze on personel allowances is also somewhat of a piss take especially to the low paid.
 
Most of the budget was a bit meh with not a lot to get either excited or depressed about. However the tax on EVs is a disgrace tbh. The extended freeze on personel allowances is also somewhat of a piss take especially to the low paid.
I agree that buying an EV was encouraged by the Government and people were incentivised to do so, but you must surely agree that all vehicles should pay road tax.
 
I like the change to ISAs although I will never be lucky enough to max out the 20k a year it makes sense to encourage stocks over cash ISAs, whilst allowing over 65s to use the full allowance for cash still.
Yeah, as a pensioner I'd have been gutted if I hadn't been allowed to save 20k a year in cash, tax free, every year. I might have had to sack the butler and decant my own port to make up for it.
 
Yeah, as a pensioner I'd have been gutted if I hadn't been allowed to save 20k a year in cash, tax free, every year. I might have had to sack the butler and decant my own port to make up for it.
Like most pensioners can save anything out of the state fucking pension
 
I agree that buying an EV was encouraged by the Government and people were incentivised to do so, but you must surely agree that all vehicles should pay road tax.
When the number of EV vehicles gets higher maybe but

They are supposed to be promoting them so its a backward step

Also all road tax doesn't go on improving roads

What message does it send that petrol duty is frozen, EV duty per mile is brought in and some diesel cars have lower car tax than electric ones. More electric cars mean more profit for the energy companies. Let them stump up the difference between car tax and fuel duty on petrol and diesel and the actual amount we spend on roads.
 
When the number of EV vehicles gets higher maybe but

They are supposed to be promoting them so its a backward step

Also all road tax doesn't go on improving roads

What message does it send that petrol duty is frozen, EV duty per mile is brought in and some diesel cars have lower car tax than electric ones. More electric cars mean more profit for the energy companies. Let them stump up the difference between car tax and fuel duty on petrol and diesel and the actual amount we spend on roads.
Really weird. I think you can get a government discount when buying an EV but now you also get a government bill for buying one. Mixed messaging.
 
Yeah, as a pensioner I'd have been gutted if I hadn't been allowed to save 20k a year in cash, tax free, every year. I might have had to sack the butler and decant my own port to make up for it.

Haha I get the point, but I thought the reason for them being allowed 20k in cash still is due to their age and maybe not having the years to ride the highs and lows of the stocks ISA.
 
Most of the budget was a bit meh with not a lot to get either excited or depressed about. However the tax on EVs is a disgrace tbh. The extended freeze on personel allowances is also somewhat of a piss take especially to the low paid.

Not keen on the limit to pensions via salary sacrifice either. Agree with your overall sentiment though.
 
Yeah, as a pensioner I'd have been gutted if I hadn't been allowed to save 20k a year in cash, tax free, every year. I might have had to sack the butler and decant my own port to make up for it.
But the minimum wage increase is gonna hit yer hard. The butler 'n scullery maids, not to mention the Master of the Back Passage, can barely make ends meet with the pittance yer paying them.
 
Most of the budget was a bit meh with not a lot to get either excited or depressed about. However the tax on EVs is a disgrace tbh. The extended freeze on personel allowances is also somewhat of a piss take especially to the low paid.

You have to wonder why she bothered delaying it for so long when it was this benign.

It could have been written in a fortnight… oh wait
 

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