So working people who save up and invest in stocks and shares are now being punished? The £6k threshold is f*cking ridiculous. We live in a materialistic society where many choose to opt for expensive clothes, cars and holidays whilst then wondering why they can't get on the housing ladder and are in debt. Meanwhile those who save are now having their pants pulled down.
On top of that, the help towards energy bills is being reduced next year combined with increases in council tax. This Autumn statement screws over working people and those who do the right thing.
BlueMoonday
Spot on. My take….. you’ve been frugal and saved for a good few years and invested sensibly in low/medium risk stuff to protect you and yours futures.
The nasties come along and the incremental earned value on many years worth of savings disappears in the space of a few months.
Firstly coz low risk investments mean things like bonds which Truss crashed and generally coz our economies more fucked than others coz of the knock on effects of Brexit.
Add inflation eating into any savings you have.
Never mind investing is a long game with peaks and troughs!
But now then, to introduce a double whammy on savers the nasties will reduce the already piss poor tax free allowances for anything you make on investments in your ongoing efforts to try and fill the hole in your savings that they have created.
Surely this can only be fair if the new allowances apply to any savings and investments post government acceptance of the Autumn measures.
80,0000 blue rinsed retards voted Truss into power, nobody voted the latest twat into power and the electorate has not been given a say on the measures they propose to try and wipe their own arse.
Any gammon who believes a word these fuckers say on savings, benefits, pensions, indeed on anything is beyond help.