The Conservative Party

[unicorn]

an interviewer needs to put this to Gullis - it would be funny as

Love the emphasis in the "take your time" at the end.

 

[west didsblue]

I wish I earned enough money to be able to put £60,000 a year into my pension!

On the flip side, if my NIO shares were to ever take off and hit $2000 per share I'd be sat on a pension pot of around £5 million and the lifetime allowance wouldn't apply now that Hunt has abolished it. There's more chance of pigs flying though!

Yep, clearly everyone on £200k plus per year will stick an extra £20k in their pension pot which will only effectively cost them £11k due to saving themselves £9k per year in tax.

 

[bluethrunthru]

Yep, clearly everyone on £200k plus per year will stick an extra £20k in their pension pot which will only effectively cost them £11k due to saving themselves £9k per year in tax.

will benefit the wealthy few but you can see it in tomorrows papers being touted like your average window cleaner or Kwik Fit fitter will retire as a millionaire

 

[Len Rum]

Help with childcare costs going up.
But not until 2024/5 !
When they probably won't be in power.
The ultimate mañana con trick.
Same old Tories.

PS Don't mention the stealth tax RISES due to personal allowances being frozen.

 

[Corky]

It was a fairly left wing pragmatic budget. KS tried to get stuck in but then said most were Labour ideas.

The bigger changes, and stuff changing next month was in the Autumn statement.

GM finally getting a more of a devolved budget.

 

[Scottyboi]

So they have just given the wealthy a nice couple of years worth of boosts to their pensions, ready for them to be booted out at the next GE. Cunts.

 

[Kompany Car]

I wish I earned enough money to be able to put £60,000 a year into my pension!

On the flip side, if my NIO shares were to ever take off and hit $2000 per share I'd be sat on a pension pot of around £5 million and the lifetime allowance wouldn't apply now that Hunt has abolished it. There's more chance of pigs flying though!

Great for the top 3% and a big fuck you for everyone else. The saving is enormous considering the taxation on salaries in excess of 100k, it means a massive tax free bonus if you bung it in a pension.
It would maybe have been better if they changed the way final salary pensions are assessed. Instead of it being 20 times the final salary value have a lower multiplier. Not sure what NHS pensions are based, on but if its 60ths then a Doctor 90k per year at retirement would breach the current cap, so it was probably too low, but there was no reason to remove the cap completely.

 

[TinFoilHat]

It was a fairly left wing pragmatic budget.

 

[bluethrunthru]

The Chancellor relied heavily on the OBR report today but somehow forgot to mention this part of it

 

[hilts]

I wish I earned enough money to be able to put £60,000 a year into my pension!

On the flip side, if my NIO shares were to ever take off and hit $2000 per share I'd be sat on a pension pot of around £5 million and the lifetime allowance wouldn't apply now that Hunt has abolished it. There's more chance of pigs flying though!

I was about to put my millions into concentrated frozen orange juice and pork bellies until I heard the budget.

Decisions decisions.