KZNSeagull
Well-known member
Employers NI up 1.2%, starting threshold dropped from 9k+ to 5k
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[Other Sport] *** 2024 Autumn Budget Official Thread ***
- Thread starter Leekbrookgull
- Start date
KZNSeagull
Well-known member
CGT lower rate up to 18% from 10% and higher rate up to 24% from 20%
But measures taken to ensure the smallest businesses pay no Employers NICs
KZNSeagull
Well-known member
Indeed. MIL was wittering on at that point so I missed it
Weststander
Well-known member
With a huge increase in the employment allowance taking the best part of a million employers out of paying it at all or setting a high threshold before paying ers nic.
The cost of government borrowing fell after the chancellor promised to balance the books early, with the OBR forecasting that the government would spend less than it gathers in tax by 2027.
Budget 2024 live: Rachel Reeves says Budget will raise taxes by £40bn
The chancellor says "economic stability must be restored" as she attacks the Conservatives' handling of public finances.
www.bbc.co.uk
Details: The employment allowance will increase from £5,000 to £10,500, which the chancellor says will mean 865,000 employers won’t pay any National Insurance at all next year.Indeed. MIL was wittering on at that point so I missed it
If you're referring to the discussion about what taxes are taxes on working people - no, no it doesn't.
I stated that Fuel Duty was an example of a tax that I would consider a tax on working people, whilst others clinging onto their bright red comfort blankets, were somehow pretending it wouldn't.
I even said something like, "I have no idea if Fuel Duty if it's suggested Fuel Dity may rise or not".
Anyway, let's see if Labour keep to their promise to not raise taxes on working people and keep Fuel Duty where it is for the next four-and-a-half years or so.
I'll hold fire on my "Is Fuel Duty a tax on working people?" poll for now though!
mejonaNO12 aka riskit
Well-known member
Oh look, "working people" was what we knew it to be from the very beginning.
It's almost like the "confusion" was completely falsified
It's almost like the "confusion" was completely falsified
Weststander
Well-known member
Sod it. Selling my LearJet 
.
.
nicko31
Well-known member
£450 quid... still peanutsSod it. Selling my LearJet
Weststander
Well-known member
Great news for Mike Amesbury on drinks duties.
If my small company escapes Employer NICs then I might be interested in buying it. I'll let you know...Sod it. Selling my LearJet
Weststander
Well-known member
I would've liked to have seen something many, many multiples of that. The journeys simply aren't necessary.
Curious Orange
Punxsatawney Phil
Ooh, abolishing non dom status!
1p off a pint, essentially makes it "Buy 700, get one free" at the Amex.
What a time to be alive!
(* - I can't actually remember how much a pint is at the Amex, but assume it's about £7.)
What a time to be alive!
(* - I can't actually remember how much a pint is at the Amex, but assume it's about £7.)
Weststander
Well-known member
Here comes the personal allowances sweetener.
LamieRobertson
Not awoke
Pleased to see she has not confirmed the rumour mill on personal allowances ..a positive for her there
BrickTamland
Well-known member
Can anyone explain what this means for stamp duty for FTBs?