Caporegime
It's pretty incredible that this Tory government is still claiming that Labour are the party of high tax with their record.
National insurance cut
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It's disgusting. Watching these self-important so-and-sos laugh and bray at each other brings about some of the strongest apathy I've ever felt.
And so continues our descent in a predatory, US-like healthcare system
They have nothing else but the same old tired soundbites that wore thin years ago. Thankfully, there's fewer and fewer drongos who still believe their bull.
Yep, the barefaced cheek that Hunt keep stopping to slip in that Labour always raise taxes.
Caporegime
Gosh, I wonder why Police Officers are spending more time on paperwork? Might it be because you sacked tens of thousands of support staff back in the 2010s?
Soldato
Non dom taxes are getting reformed.
They will be paying taxes if they live in the uk for 4 years, doesn’t sound like it’s getting back dated; giving plenty of time for the rich to leave.
It’s not like rishi or his wife will be living in the uk this time next year, let a lone four years time.
They will be paying taxes if they live in the uk for 4 years, doesn’t sound like it’s getting back dated; giving plenty of time for the rich to leave.
It’s not like rishi or his wife will be living in the uk this time next year, let a lone four years time.
Marginal rates in general need looking at, there are even some 'double-whammy' thresholds where you pay more marginal tax and also lose benefits at the same time. E.g. at 100k you lose tax free childcare and also get hit with 60% marginal income tax up to £125k because the personal allowance starts getting clawed back. Basically if you earn £100k and have young kids the incentive to progress is limited, land a new job paying £25k extra and the actual net benefit you get from that is well under £10k.
[Obviously, you can mitigate this to some extent via overpaying pensions and stuff but it's probably not great for the taxman if you are dodging tax that way, they'd be better off claiming 40% of something instead of 60% of nothing].
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Caporegime
It's an improvement; but it's still going to be a complete mess. Restore universality, and raise the higher rate to compensate.
Caporegime
For a moment there, I thought he was finally going to do the sensible thing and ditch employee's NI altogether.
Agreed, it's not perfect, but an improvement.
Yep, it sounded like he was building up to that. Instead, we've got a pledge that they'll do it "when it's feasible". But they won't be in power next term anyway so it's an empty promise.
The NI cut it nice for a bit of extra cash, but I won't be voting for them.
Agreed, it's not perfect, but an improvement.
Yep, it sounded like he was building up to that. Instead, we've got a pledge that they'll do it "when it's feasible". But they won't be in power next term anyway so it's an empty promise.
The NI cut it nice for a bit of extra cash, but I won't be voting for them.
are you going to vote for no plan then lol.. ?
A plan to grow the economy vs no plan.
A plan for better public services vs no plan.
A plan to make work pay vs no plan.
Associate
NI cut is really ******* in the wind in the face of continuation of frozen allowance/income tax bands.
Child benefit clawback increase to £60k-£80k is good I guess. Although the idea of doing it on a household basis from 2026 sounds like fantasy.
Child benefit clawback increase to £60k-£80k is good I guess. Although the idea of doing it on a household basis from 2026 sounds like fantasy.
Agreed, it's not perfect, but an improvement.
Yep, it sounded like he was building up to that. Instead, we've got a pledge that they'll do it "when it's feasible". But they won't be in power next term anyway so it's an empty promise.
The NI cut it nice for a bit of extra cash, but I won't be voting for them.
I'm putting mine into the joint account to pay off the inflation effect
Soldato
Wow.. talk about fanboi-ism..
The opposition does not have to announce any plans until the election date is announced. at which point it will be placed in their manifesto. If you like it, then vote for them.
The whole point of the opposition at the moment is to point out mistakes of the governing party, to keep them humble and accountable for their actions.
Me personally, I would rather have no plan than a ****ing **** plan.. and if going back to square one means life before this government came to power then sign me up!
I'll be increasing my ISA contribution and contribution to my daughter's ISA.
Soldato
Agreed on both points! The child benefit thing is so broken, probably even more so now! He is now saying it is ok for one family to have an income of 120K and not have to pay any of it back while a single earner family that already pays more tax will loose it all together at 80K. I have no idea how they could make it a household allowance under the current self assessment process it would take a major effort behind the scenes linking peoples tax returns to partners which I just don't see happening.
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Caporegime
The SNP playing silly-buggers by forcing a division 
Soldato
Yub, seems like a good long term plan. Just embed it into the income tax.
Even better still if they lower taxes and get a VAT system that is tiered and works correctly. People who spend more money, pays more VAT. People who spends on luxury items get charged at a higher rate for those items.