Budget

[Lucky13]

Good to see the inheritance tax threshold raised , personally I'd abolish it.

 

[SWP's back]

13 Million families are going to be worse off.

Minimum of £260 a year whilst 3 Million up to a £1000.

Disgraceful.

Not saying I don't believe you but could you post the link bud?

 

[SWP's back]

Good to see the inheritance tax threshold raised , personally I'd abolish it.

Or have it set at 10m or so which is still lower than it should be if it had been inflation linked from the outset

Having said that, I make a good living of IHT mitigation policies and trusts.

 

[SWP's back]

Ifs says people on tax credits will be worse off

That was the point. Wasn't it?

When I was in the UK, employing people was a nightmare as they didn't want to earn too much or work for more than 16 hours or they'd lose tax credits.

So people that were able to work more hours didn't, so that you and I could pay the bill.

When Labour introduced tax credits, they were meant to cost the taxpayer 600m. At last count it was over 16bn.

 

[Zuriblue]

Not saying I don't believe you but could you post the link bud?

http://www.itv.com/news/update/2015-07-09/ifs-13-million-people-will-be-worse-off-because-of-budget/

Institute of Fiscal Studies.

 

[without a dream]

That was the point. Wasn't it?

When I was in the UK, employing people was a nightmare as they didn't want to earn too much or work for more than 16 hours or they'd lose tax credits.

So people that were able to work more hours didn't, so that you and I could pay the bill.

When Labour introduced tax credits, they were meant to cost the taxpayer 600m. At last count it was over 16bn.

Almost certainly. It's disingenuous to claim its a budget for working families though when lots of them will be hit by this.

Loads of families have one part time worker so more attention can be given to the kids. They're going to be hit pretty hard by this.

 

[LittleStan]

That was the point. Wasn't it?

When I was in the UK, employing people was a nightmare as they didn't want to earn too much or work for more than 16 hours or they'd lose tax credits.

Surely then the wages you were offering them were too low? if you want good staff then pay good wages?

On the budget, I find it hard to understand how making people worse off will help the economy.

 

[ChesterRdBlue]

On the day the Elected Government is announcing the Budget , the socialist paymasters are busy bringing the Capital to a standstill because 60k a year isn't enough to be a button monkey tube driver.

Keep it up comrades.

Yeah, the wankers. They should just accept ever increasing weekend and anti social hours.

 

[SWP's back]

Surely then the wages you were offering them were too low? if you want good staff then pay good wages?

On the budget, I find it hard to understand how making people worse off will help the economy.

Become an employer or run for office then.

 

[SWP's back]

Yeah, the wankers. They should just accept ever increasing weekend and anti social hours.

Well they work less anti social hours than doctors and earn more with 18 months paid training as opposed to 5 years unpaid.