a armed robbery.

Got to balance the books somehow, your getting a penny of a pint so stop complaining as most of the budget won’t affect you as an individual.

How do you know " most of the budget won't affect you as an individual " Maybe it won't affect you living in Thailand but it will everyone living in the U.K. The future in foooked for the U.K simples.

I thought a lot of the noise was about making the big businesses pay more...... well they are but I'm sure they'll find a way to pass it down to us anyway.

It's nailed on elwood. Just look at the future borrowing its guaranteed to fook up our childrens futures. Balance the books my arse...all lies that only stupid people believe.

No matter what class you think you reside in - in all of this madness we currently reside. It will somehow absolutely bugger the normal day to day working man as there is more of us to tax than those who can avoid it ! or get away with it should we say ! always the same. Lied to again and made to look mugs in the face of it all (those who voted labour that is) Parasites the lot of them! specially that lying cow !

stealth taxes and what not that will hit us all - and more importantly our kids and grandkids !

Unfortunately, he's your P45. I can't afford to keep you on, as you cost to much in N.I.....

I fear High High High unemployment is on its way over the coming years. Companies operating on a minimum staff level.

God knows how this is going to affect Lower League football clubs. High ticket prices...... Maybe 10-15% increase??? Then it doesn't stop there, manufacturing companies put the costs up to keep the staff employed, passing it on to the paying public.

So wage increase equals more taxes paid and higher prices, equals less money in your pocket.

I actually thought they'd go further and probably needed to - the country is absolutely on it's arse, NHS a mess, roads crumbling, trains a shambles, child poverty sky-rocketing, you name it. The country needs an injection of cash and it doesn't come from nowhere - look at the US which prides itself on low taxes, that's if you ignore tax on absolutely everything apart from income and high premiums on health care.
Going forward I can't think of any other way to move to a better place other than encouraging investment. Someone else might put an argument for becoming Singapore or something - not sure the British people are prepared to give up their freedoms for that - but that country has great public services so there are lessons to learn. Scandinavia has great services in return for much higher taxes - again the British just wouldn't accept the societal trade offs in my view.
Point is, you take your pick in terms of taxation. This budget seems pretty straight down the middle. Business is certainly asked to contribute more but there are protections for smaller businesses. The help carers will get is fantastic.
Tbh I'd rather pay more for better services but we don't live in a country where that is politically acceptable, so we end up with budgets that are a fudge. As far as that type of budget goes, it's not a bad effort.

As Jamie1952 said stop complaining

They say the working man isn't going to pay more income tax or Nat Ins tax but anybody on the minimum wage will pay more of those two taxes from the increase in the minimum wage. Businesses will pay more Nat Ins tax and more wages. It will all filter down as per usual.
Never mind, go to the pub and buy a few pints of beer every night and you'll save Ip per pint, that's if you can afford to go out in the first place.
Forty billion in tax hikes just to get a penny off a pint of draught ales. Whoopee aren't we the lucky ones.

I would like to live in Singapore

Does anyone really believe that even the 1p per pint will result in cheaper beer? It'll go towards the rise in NMW for barstaff which will in turn be clawed back by government as the barstaff pay higher tax and NI.
Interesting that they're setting up a quango to go after Covid Fraudsters but didn't say how much they were targeting in monetary terms ir who they'd be going after.
A lot of people will be drawn into IHT due to including pension pots remaining after death I'd imagine. Might see a lot of people spending pension pots in the next couple of years.

Might save a few bob by not allowing the third world to arrive on our beaches and feed, house and clothe them at tax payers expense. 27,000 have arrived this year so far. Starmer is doing fook all about them although he is making a lot of noise about "smashing the gangs" which any sentient being knows is simply not possible.

How do you know how it’ll affect people…you’re sounding like a dedicated follower of Starmer…to paraphrase the Kinks
Wake up….it’s a patronising budget by middle class politicians that they think the thick working class will fall for…no fuel duty, no money on beer…. a budget for the plebs.
Meanwhile ignoring the elephant in the room that is being slipped in the back door.

Starmer knows that, so he taxed YOU in the end….a bit like boasting about minimum wage going up all Governments do….but it ain’t costing them a penny, it’s someone else’s money they’re being generous with.

So, you believe in Pixies in the wood…..?
We’ll come back to this post in five years time.
They all promise the Earth and all fail….these will be no different.

On the money

Can anyone ever remember a budget where they actually found themselves to be better off?
Can't get away from the fact that raising NI for businesses will hit us all in the pocket as those increased costs are passed on to the consumer.
But whoopee even if the pubs did pass on the penny reduction and you drank drink 100 pints a week you'll have saved a whole pound, enough for what a fifth of a pint a week. Gotta be thankful for that - think I've just fallen in love with Rachel.

It's a goldmine for the government.
The Pools players will have to wrap in n get a job in Morrisons by 2029.

Prices will increase to pay for the employers NI contributions. Some businesses particularly small ones may well reduce their work force so less jobs. Capital gains tax increased so if your kids inherit your house more of its value goes to the government. Great budget.

The Lizz Truss budget made the rich even richer.
Fact.

And paid the price…

The rich never paid the price though.

It is a very nice place although there’s fines for smoking in public, no vapes at all, fines for eating or drinking on Public Transport, no borrowing someone else’s WiFi, no jaywalking, no chewing gum, no drinking after 10.30pm, fine if you don’t flush a loo, £10000 for littering and a penal sentence for singing explicit lyrics thus ruling out the Davie Jones song. Also death penalty for carrying small amounts of weed etc and caning for a variety of other stuff. In return for that you get the best health care in the world. Would have loved to hear that budget today, just for a laugh!

In all seriousness, there could be some job losses from this but I’d also put forward a conversation I had this afternoon with a bloke I know who runs a business. He said (without any justification) ‘I’ll have to get rid of six people.’ He then went onto say he actually needs everyone who works for him so would have to make it work. I suspect that’s what will mainly happen, that firms will make it work. He’s also minted, so will just end up slightly less minted. Boohoo.
If health care improves and new jobs are created over the next five years it might be worth it but impossible to judge that now (unless you were going to object whatever came about.)
The other question is, what’s the alternative? Nothing is free. I like the idea of a billionaires tax but you know they’d just run off somewhere else. I would put more money into the HMRC though, to chase the big businesses for their billions.
Glad I’m not in charge though.

£8 million a day & rising,but it’s conveniently forgotten about

Talk about smoke and mirrors!

I owe someone £100 but I spent it on something worth £80. Hey presto I now only owe £20

You have just listed my haven. That's why I would love to live there.

Yup. Racist to even mention it.

You can't even spell it correctly!!

That’s life….you go mad worrying about it.
I stopped worrying a long time ago after the last job.

I was taking the p*** Snowy.

Quick take on the budget by Martin Lewis,

https://youtu.be/qI-yRu2IFRM?si=0GYNyLFgDscWztcN

Could you afford to,
The cost of living in Singapore is around 39.1% higher than in the United Kingdom. While the cost of many consumer items and everyday essentials in Singapore is far lower than in the West, rental prices dramatically push up the cost of living in Singapore. Rent in Singapore is almost three times as expensive as in the UK costing, on average, 181% more.

Well, I might have to dip into my savings account. I am going to sell my other house and flat in central London, especially after yesterday announcement. give the money to my kids now.

Rishi who I had high hopes for after Boris being already mega rich sounded furious in his reply but as someone pointed out the tax on private jets, private schools and none Doms looked like it was aimed at him directly

Good.

increase employers NI contributions will be a tax on jobs where they,ll do their best working with lower numbers and adding to unemployment and lower wage rises. more and more revenue from income tax where basically most pensioners and lower earners will be paying 20% of any rise they,ll get due to the refusal of increasing the amount you can earn thats non taxable. help for the NHS is fine, but the proof of the pudding is how the extra money is going to be used and not just a crutch to keep it hobbling along without any change.

I got a letter from HMRC yesterday saying I have underpaid tax last year as my interest from savings is no longer taxed at source. Apparently savings interest hasn't been taxed at source since 2016 but this is the first time I have had a letter about it.

How much has that change cost the country in uncollected tax on interest?

It’s was all smoke and mirrors, a penny of a pint is laughable, it might have worked years ago, what can you actually buy for a penny nowadays ? When beer goes it is usually by 5p a pint, never ever known it go up by 1p a pint, just shows how out of touch they are.Whilst there wasn’t any direct increase for the people in the street they will pay eventually by the increase in NI as the employers will have to recoup that by putting prices up.
Why wasn’t a tax put on the massive profits of the Utility companies, they only mentioned the oil and gas companies.

I always thought you were allowed so much interest tax free ?

Just put my Gulfstream on eBay, no offers as yet.

First £1000 on savings is tax free when interest rates were ultra low for about 12 years you needed serious amounts to breach that.

I think after Christmas sales of gulfstream jets really take off.

Tax, borrow, spend, blame it on the Tories and 1.5% growth forecast ffs.
So much for getting the economy moving and better times ahead with more money in our pockets. And now after saying the tax, NI, VAT changes wouldn't affect workers they've admitted that of course they will affect workers (and probably the most). One of the fastest UTurns ever even for Starmer, as big a liar as Boris.
Notice the freebies they've been raking in are left untouched as tax free for them but the tip you leave the waiter in a restaurant has to be declared.

actually it could have been worse for the average and lower paid who run a car. was expecting a big 10p rise in fuel duty and a big rise in VED. possibly the hit back of the end of the winter fuel allowance for the majority might have made them wait another year before thats all introduced.

The manager of the Drygate brewery in Glasgow has been on the radio up here saying that the NI change will make very little difference in his brewing business as he only employs 8 people in it but he also runs the Tap Room attached to the brewery and they employ 25 staff (a level he says he needs to service the customers so won't be reduced) which will probably put up to 50p a pint on his prices over time.

Bang goes the 1p saving on a pint!

Yep, the 4 or 5% you could get on your savings over the past 18 months has certainly changed that "serious amount" into the sort of amount I guess quite a few modest savers have tucked away. Need to maximise those ISA accounts now.

£2.50 tax on a bottle of 10ml Vape Oil that at the moment you can buy for £1!!!
I've been off the tabs and vaping for nearly 15 years now and I said years ago that the Government will find a way to tax vaping due to the loss of tax on tabs after people give up smoking!!!

So RR brings in a shit load of tax.
Then promotes very small pay rises from next year.
Train drivers get well looked after but Fcuk the low paid shift workers.
So we back to struggling with the non fake Inflation figures.
As c tax will go up it's maximum 5% forever
Every 3 months standings charges on gas Leccy n water will sky rocket.
Shop prices up yet again especially food.


And we thought Labour were for the working person.

But some people think 33k tax free benefits are OK.
Just remember who pays for that.
.