Budget 2012

[Jimbuna]

The latest kick in the nuts for the working class:


(http://www.bbc.co.uk/news/business-17460262)Corporation tax to fall (http://www.bbc.co.uk/news/business-17460262)from 26% to 24% in April 2012, down to 22% in 2014
(http://www.bbc.co.uk/news/business-17460262)New 7% stamp duty rate (http://www.bbc.co.uk/news/business-17462774)for properties worth more than £2m and a 15% rate for £2m homes bought through companies
(http://www.bbc.co.uk/news/business-17460262)Child benefit cuts (http://www.bbc.co.uk/news/business-17459856) to be phased in for families with at least one parent earning £50,000, and axed for those on £60,000
(http://www.bbc.co.uk/news/business-17460262)UK growth forecast raised slightly (http://www.bbc.co.uk/news/business-17459466) to 0.8% and borrowing to be £1bn less than previously forecast
(http://www.bbc.co.uk/news/business-17460262)Tobacco duties to rise (http://www.bbc.co.uk/news/business-17464095) by 5% above inflation from 1800 GMT - equivalent to 37p on the price of a packet of cigarettes.
(http://www.bbc.co.uk/news/business-17460262)Fuel duty rise (http://www.bbc.co.uk/news/business-17458423)of 3p a litre to go ahead as planned
State pension age to be automatically reviewed, to ensure it keeps pace with life expectancy.
VAT loopholes - from hot food bought in supermarkets to static caravans and sports nutrition drinks - to be closed.
(http://www.bbc.co.uk/news/business-17460262)

http://www.bbc.co.uk/news/uk-politics-17450719

[BossMark]

The latest kick in the nuts for the working class:

Thats what the rotten Tories have always done and always will give the working class a kick in the gonads :wah:

[jumpy]

They've been at the bloody faecal goat entrails again, I tell ya.


Some few things seemed sensible, like the % threshold reduction for child benefit cutoff, so if you earn a few quid over, you don't just loose everything. But that's only my brief overview from the radio this afternoon, with few real details.
Plus they're taking their time with the income tax threshold; if they can up the VAT of smokes by midnight, why is it taking just about the whole 5 years term to raise the amount you can earn before paying tax, to 10k?

Don't get me started on fuel tax, yet again.

Yet another recession budget fails to identify the need to get industry and businesses making goods and services to be used and sold in this country.

Did we honestly expect something other than this? :hmmm:

[Tribesman]

Wow, your pensioners are getting a going over ain't they.
Nice to see georgy boys reasoning though, if he doesn't give his buddies a tax cut they will just keep on avoiding paying their taxes. As if a cut of any size is going to stop people avoiding tax if they can afford to.:doh:

I was just wondering, now they are selling off the hospitals and selling off the roads is there anything else left they can offload at bargain basement prices or are the tories finally running out of rip off scams:hmmm:

[jumpy]

At least they cannot sell off all our gold........

[Herr-Berbunch]

Sure, keep blaming the Tories for the inevitable, but who put us in this stinking state in the first place - that smug Bliar and his sidekick Broon. :-?

[Oberon]

Bah, they're just as bad as each other. I think the next election I'm going to draw a smiley face on my vote paper. It's about all its worth. :damn:

[Tribesman]

Sure, keep blaming the Tories for the inevitable, but who put us in this stinking state in the first place - that smug Bliar and his sidekick Broon.
You mean nulab thatcher-lite as opposed to tory son of thatcher?

[Jimbuna]

Check out this budget calculator:

http://www.bbc.co.uk/news/business-17442946

My result was I'd be £95 a year better off in 2012/13 :hmmm:

[Herr-Berbunch]

Had a go on that last night, and I should be £250-ish better off, but that is such a basic calculator it can only show so much!

For instance - hot take away food from supermarkets/bakers is (iirc) changing vat status so anyone who grabs a pasty at lunch will be paying another 30p per pasty, a daily pasty for 240 working days is almost £80 extra per year. For me a pasty is a rare treat, but that's one example of thousands available.

I was just wondering, now they are selling off the hospitals and selling off the roads is there anything else left they can offload at bargain basement prices or are the tories finally running out of rip off scams:hmmm:

Schools. Oh, no, wait - been done by Labour already.
Military contracts. Oh, no, wait - been done by Labour already - and then a bit more by the Tories just for good measure.

Got to be something they've all missed... :hmmm:

[Jimbuna]

This will have potential far reaching consequences for everyone...most worrying if you've been a low paid worker all your life and haven't had the means to put something away for a rainy day.

State pension age to be automatically reviewed, to ensure it keeps pace with life expectancy.

[jumpy]

State pension age to be automatically reviewed, to ensure it keeps pace with life expectancy.

Translation - keep you paying out/in until you're about to die; after which why should you worry about it, right?

I'm volunteering at the moment, and some of the old folks who come in for a few days work in the shop only do so to get out and about once or twice a week. Average age must be 65-70 (a sprightly 65-70 admittedly). But none of them would want to go back to trying to earn a living... they wouldn't manage at all.

[Sailor Steve]

I had a temp job for awhile driving cars from dealerships to a local auto auction. It didn't pay very well. There were a bunch of older folks doing it, and when I asked them why the answer was always the same: Retirement is boring and they did it for the change of pace, not the money.

I on the other hand have never had time for all the things I want to do in a day, so having a small pension is just about perfect. It's not a lot of money, though, and sometimes I find myself wishing I could work hard all day and make more.

Funny world.

[BossMark]

Sure, keep blaming the Tories for the inevitable, but who put us in this stinking state in the first place - that smug Bliar and his sidekick Broon. :-?
Having come from a very militant and even more an anti Tory background, if possible I would blame the Tories for just about anything.
And according to Jim's budget link I will be about 100 quid better off :shifty:

[Tribesman]

Schools. Oh, no, wait - been done by Labour already.
Military contracts. Oh, no, wait - been done by Labour already - and then a bit more by the Tories just for good measure.

You mean nulab thatcher-lite as opposed to tory son of thatcher?
So your response means? .......absolutely nothing.

Got to be something they've all missed...
Well you can always sell off that bit of the railways the government had to take back when the owners were running it with a safety policy of "how many people can we afford to kill each year before the compensation and insurance costs hit the profits"

[Schroeder]

State pension age to be automatically reviewed, to ensure it keeps pace with life expectancy.
Over here it will be raised to 67....what is it currently in the UK?:06:

[BossMark]

Over here it will be raised to 67....what is it currently in the UK?:06:
If the Tories could get away with it I am sure they would raise it to 88.:yep:
But am not really sure, but they do want to raise it:yep:

[jumpy]

68 for men, 65 for women? I seem to remember those numbers for some reason, but don't quote me on it.
I'll try and find a link at some point.

EDIT: some quick browsing reveals no clear answer as yet, with confusing and contradictory explanations.
However http://www.direct.gov.uk/en/Pensionsandretirementplanning/StatePension/DG_4017919 see link to calculator

[Kapitän Schneider]

Next election i'm voting for the Monster Raving Loony Party. For some reason their policies make more sense than the main parties. :D

http://www.loonyparty.com/

[Herr-Berbunch]

I liked Lord Sutch's policy about getting policemen to wear yellow smiley-face badges :)

[Jimbuna]

Over here it will be raised to 67....what is it currently in the UK?:06:


Under the Pensions Act 2011 women’s State Pension age will increase more quickly to 65 between April 2016 and November 2018. From December 2018 the State Pension age for both men and women will start to increase to reach 66 in October 2020.

These changes affect you if you're:

a woman born on or after 6 April 1953
a man born on or after 6 December 1953
The current law already provides for the State Pension age to increase to:

67 between 2034 and 2036
68 between 2044 and 2046
However, the government announced on 29 November 2011 that State Pension age will now increase to 67 between 2026 and 2028. This change is not yet law and will require the approval of Parliament.




Under current legislation, State Pension age is planned to increase to:

66 between November 2018 and October 2020
67 between 2034 and 2036
68 between 2044 and 2046
The government has announced that the increase to 67 will now take place between 2026 and 2028.
This change to the timetable is not yet law and will require the approval of Parliament.


For me it means my current state pension age will rise from 65 to 66 and for Mrs Buna 60 to 66.

[STEED]

Just for Bossmark..

From the party who bought you Thatcher the milk snatcher now bring you Osborne the pension pincher

[Jimbuna]

LOL :DL

[STEED]

At least they cannot sell off all our gold........

What gold?

Wait a minute Osborne mention gold in his speech, but Gordon Brown sold it all. I must conclude... A. Not all of it was sold or... B. We have been buying gold back.

Bah, they're just as bad as each other. I think the next election I'm going to draw a smiley face on my vote paper. It's about all its worth. :damn:

Vote for another party, don't vote for the big three and if you have no option but them, write on the ballot paper none of above.





I like the way they fed us BS about the top 1% and the 50p rate was not bringing money in so they slashed it to 45p. And what makes them think these 1% will pay now?

Osborne backing down on child benefit cuts to the rich, well I'm not taken back.

[STEED]

LOL :DL

Jim...I bet Bossmark will get that printed on a T-Shirt. :haha:

I give my permission. :DL

[BossMark]

Just for Bossmark..

From the party who bought you Thatcher the milk snatcher now bring you Osborne the pension pincher
:har::haha::har::haha:
Jim...I bet Bossmark will get that printed on a T-Shirt. :haha:

I give my permission. :DL
Thanks STEED :yeah:

[Jimbuna]

Jim...I bet Bossmark will get that printed on a T-Shirt. :haha:

I give my permission. :DL

You should send that off to the local press :DL

[BossMark]

http://i1224.photobucket.com/albums/ee374/rothwellwhite1/DavidCameronandGeorgeOsbourneashoodies.jpg
The Granny muggers

[Jimbuna]

http://i.dailymail.co.uk/i/pix/2011/10/27/article-2054352-0C084F8D00000578-71_468x406.jpg
I could have sworn it was my turn to wear the red tie today!!