The Labour Government

[Kirkstall Blue]

OBR news conference currently apologies they are sorry Badenoch got a chance to write her speech in advance of the budget.

 

[mosssideblue]

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.

 

[mosssideblue]

OBR news conference currently apologies they are sorry Badenoch got a chance to write her speech in advance of the budget.

I'm fairly sure the opposition receive a copy of the budget in advance to prepare their response. Didn't stop Badenough embarrassing herself and her party though

 

[BrianW]

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.

 

[M18CTID]

Another point about that is, if that change had been implemented it wouldn't be instantly anyway so would have had time to make an informed decision.

Exactly mate. There would have been a grace period

 

[mancityvstoke]

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

 

[hilts]

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.

 

[Palerider]

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.

 

[Scottyboi]

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.

 

[johnny crossan]

Reeves is an unpleasant individual and gives as good as she gets - after delivering a disgrace of a Budget, and the shit show surrounding it, Reeves deserves everything coming her way.

A post that says a lot about the poster but nothing else.

 

[hilts]

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.

They like to make life complicated and common sense extinct.

 

[west didsblue]

OBR news conference currently apologies they are sorry Badenoch got a chance to write her speech in advance of the budget.

You would have thought Badenoch would have had time to write a response to the budget rather than just a list of insults she uses every week.

 

[meltonblue]

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.

 

[Dave Ewing's Back 'eader]

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.

 

[Blue Maverick]

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.

You mean like Brown and buy diesel! All EVs pay road tax now anyway.

 

[metalblue]

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.

#PrayForBriansButler.

Glad to see the gardener was being kept on regardless mind.

 

[metalblue]

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

 

[BlueHammer85]

very good fair budget, well done Labour.

 

[metalblue]

very good fair budget, well done Labour.

 

[Brewster's millions]

Thank fuck for all the leaks as it would have been a whole lot worse. This is absolutely fine by comparison.

It doesn't look credible.

Even if you ignore the fact that current receipts as a share of GDP is going to a crazy level, the decisions taken today don't really do anything until 2028-29, when they're suddenly expected to reduce borrowing by £10bn and then £22bn the year after.

So all the pain is delayed years ahead of an election, and when they're just about to go to another General Election, they're suggesting that you'll have a sharp slowdown in departmental spending growth and a big increases in taxes.

You don't really have to be a cynic to question it.