Uncle Spielberg
Well-known member
An awful budget for my profession. Thought Darren Jones looked a harry potter fan and disagree with their policies but he came across well on QT last night
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[Politics] The Labour Government
- Thread starter Super Steve Earle
- Start date
Just used the Guardian Budget Calculator.
I'll have to work out which tax that is that I'm going to be paying extra. Mind you, it doesn't ask about bus fares - just driving.
Rdodge30
Well-known member
- Dec 30, 2022
- 616
The inheritance tax on farmland is a bad bit of business all round - very poor and will be the end of some family farms for sure.
Tge last Government knew exactly which loopholes needed closing but couldn’t/wouldn’t do it.
Without doubt this Government know exactly which loophole needs closing but I very much doubt they will do it.
You yourself… on this very thread have said Exactly which loophole needs closing - your own caveat being that it won’t happen because it’s too hard!!!
It’s not the case that nobody should criticise Government policy unless they have a better idea, as you so very often imply on here.
Mellor 3 Ward 4
Well-known member
I wonder if and when these reforms will start?
Long term sickness/absentism must stop - Mr wife works in the NHS and says so many 'play the system' - off sick for several months, then come back and works for a month then off they pop long term sick again.
Untouchable and makes it very frustrating for the rest of the staff.
NHS productivity must improve in return for more cash - Streeting
Health secretary says he expects value for money for taxpayers after £25 billion cash injection.
www.bbc.co.uk
Long term sickness/absentism must stop - Mr wife works in the NHS and says so many 'play the system' - off sick for several months, then come back and works for a month then off they pop long term sick again.
Untouchable and makes it very frustrating for the rest of the staff.
- Jul 10, 2003
- 27,744
Saturday you'll see if your preferred candidate gets elected, Kemi or Bob. Maybe some 'good news' for you then
Patience is a virtue.
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James Dyson and other wealthy individuals have been buying up a lot of land due to the reliefs that were available. Whilst I do feel that the family Farm needs protecting. Maybe this tax regime will make investors less keen to buy land as tax break removed.
Farmland prices have been pushed higher and higher by investors and the price bears no resemblance to the earning capacity of land.
No farmers are buying land.....Only the lucky ones who have sold land for houses !!! Maybe a fall in land prices will come ?? Maybe genuine farmers will be able to buy land to farm ??
Farmland prices have been pushed higher and higher by investors and the price bears no resemblance to the earning capacity of land.
No farmers are buying land.....Only the lucky ones who have sold land for houses !!! Maybe a fall in land prices will come ?? Maybe genuine farmers will be able to buy land to farm ??
One day later....Bond yields falling, sterling up.
The good news is (selected highlights):
- Huge investment in healthcare and health workers;
- Significant increase in education budget;
- Millions of low paid workers get substantial pay-rise (via increase in Minimum wage);
- State pension increased by more than 4%;
- Support for full-time carers;
- Increase in affordable homes budget;
- Fuel Duty cut retained;
- Victims of infected blood scandal and Post Office Horizon scandal to be compensated;
- Stable tax environment for corporates (confirmation that CT will remain unchanged for at least 5 years);
- HS2 to start at Euston (rather than somewhere in West London that no-one ever visits).
Admittedly, if you don't value the NHS, education, the low paid, victims of the PO and infected blood scandals, a sensible high speed railway, affordable homes, etc, etc - then you won't see this list as "good news".
just tried it. I will be 0.0 better off. I'll take that as a win.
Easy to find an opposing opinion for most budget changes. But there isn`t many farms worth less than a million. In fact I doubt there are any.
Farmhouse building and 25 acres (not a viable acreage) would in this area be more than a million.
Machiavelli
Well-known member
I'm going to be £17 worse off and if I want to reach your delightful parity, my partner and I are going to have to give up wine
Just tried it too and guess what!I'm going to be £17 worse off and if I want to reach your delightful parity, my partner and I are going to have to give up wine
A million on top of the £325,000 + £175,000 house allowance - so £1.5m. And if there is a husband/wife involved, it's £3m.
And then it's 20%, not 40% like other IHT.
Farming is also a business, along with other businesses, so also benefit from things like investments allowances / tax relief, and stuff like averaging profits out over five years - so if there is a poor year their tax goes down in the good years.
I don't drink alcohol so that probably saves me a lot of money, though a probably spend it on Motorbikes. there was nothing in the budget about motorcycle addiction so I might be worse off and don't know it.I'm going to be £17 worse off and if I want to reach your delightful parity, my partner and I are going to have to give up wine
dsr-burnley
Well-known member
- Aug 15, 2014
- 2,625
No, that's why I put "good news" in inverted commas. The point was supposed to be that the withdrawal of winter fuel allowance from wealthy pensioners was the real flagship policy of the government, and I emphasised in brackets that the government thinks over £12k per year is wealthy enough to lose the benefit.
Machiavelli
Well-known member
Here's hoping RR cottoned on and charged extra duty for those aged in American oak
fly high
Well-known member
Think that is true of most of the public sector. Worked with ESCC on a project, their project manager had taken 6 months off because he'd developed type 2 diabetes!! Came back for 2 months then retired. Arrogant, lazy ****.I wonder if and when these reforms will start?
NHS productivity must improve in return for more cash - Streeting
Health secretary says he expects value for money for taxpayers after £25 billion cash injection.www.bbc.co.uk
Long term sickness/absentism must stop - Mr wife works in the NHS and says so many 'play the system' - off sick for several months, then come back and works for a month then off they pop long term sick again.
Untouchable and makes it very frustrating for the rest of the staff.
chip
Well-known member
I do wonder why GPs are mostly outside the NHS, perhaps a throwback to the foundation of the NHS itself. I would have thought that directly employing GPs rather than contracting services could be used to improve the efficiency/productivity of the NHS as well as being able to deliver more services in the community. It would also be a strong steer that the NHS was not being privatised.GPs, care homes and hospices have voiced concerns about the impact of the rise in employer National Insurance contributions announced in the Budget.
The NHS and rest of the public sector are exempt from the tax rise - but that does not cover private care homes or hospices which provide NHS services.
There is also confusion over the impact on GPs, many of which are run as small businesses.
The Department for Health and Social Care said further details for GPs will be confirmed in due course - but a Treasury minister told Question Time they will have to pay the tax hike.
GPs, care homes and hospices voice concern over Budget tax rises
The NHS is exempt from the rise in employer National Insurance contributions, but private providers are not.www.bbc.co.uk
fly high
Well-known member
GPs have always been employed as contractors and yes it harks back to the days at the birth of the NHS. Apparently many GPs weren't keen on their businesses being taken over, many worked out of their own homes & guess it's never been looked at to change. GPs can charge for things like vaccinations for overseas travel, couldn't if they were directly employed by NHS.