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AIBU?

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To want a budget which puts young people and families first

385 replies

HFJ · 28/10/2024 19:59

In advance of an upcoming budget that will likely hammer working people (again, despite the rhetoric), I’m consoling myself by imagining my own budget. You’ll notice a theme. This is because I believe young people and families are the future, deserve to have hope, aspirations and goals. Please feel free to contribute.

  1. The first 5 years of young people’s full time earnings to be tax and NI free. This would enable all to save for a house deposit, rather than only the few who inherit. Imagine the incentive to work hard!
  2. No increases to any tax that primarily affects working age people, including fuel tax (because working people need fuel to go to work)
  3. No stamp duty for young people and those with children under 18. This enables them a fairer chance of buying property rather than have to compete unfairly with cash buyers
  4. Complete removal of the pension tax free cash allowance. This is because 100s of 1000s are poised to take their 25% lump sum and plough this into the property market (tbf I think the gov has got wind of this, hence the landlord tax changes)
  5. instead of massive increases to NHS budget (which does not really benefit the young or families), a £10 charge to see the doctor, so people start to take ownership for their health
  6. Removal of the free prescription for over 60s. Instead, use this money to bring back the school nurse and perhaps even school dentist visits

Any other ideas?

OP posts:
Mlanket · 29/10/2024 07:06

I would like an increase in child benefit. A significant one. It doesn't last long.

It should be universal, like it used to be.

Mlanket · 29/10/2024 07:05

Children already get their school paid for, breakfasts etc. Childcare and so on.

Well yes, education is free because it benefits the country to have an educated population. Did you not attend school? Have you been a child once?

Breakfast & childcare is not free! 😆😆

Mlanket · 29/10/2024 07:03

They could bring back tax relief on mortgage interest for first time home owners,

Ah yes MIRAS, always forgotten in the debate about high interest rates!

IVFmumoftwo · 29/10/2024 07:00

Spectre8 · 29/10/2024 06:48

Children already get their school paid for, breakfasts etc. Childcare and so on.

Single people need better support when they fidn themselves redundant and not what is available today is often not available and not enough. If a family was homeless tomorrow they would at the top of the list for help but a single person would end up on the streets.

Single people are taxed and pay for every other group and hand over more every year to fund them meaning they have less for their own needs. And all we get for it is measly 25% single person discount. Whoppeee.

How about there is enough help for families and children and it's time to say thats it no more you get quote alot of help already.

Most childcare is paid for by the parents. The free childcare is a measly amount. You benefited from free education too. You aren't seriously jealous of that are you??

And no there isn't enough support for families. If there was they would have not implemented the two child capable on benefits which has plunged families into poverty.

IVFmumoftwo · 29/10/2024 06:59

I would like an increase in child benefit. A significant one. It doesn't last long.

Shadysadiebaby · 29/10/2024 06:57

Also I've just seen you say they get childcare paid for!! Hahahahahahaha!!!
Are you serious? Fulltime childcare can be more than 1 persons salary, especially if you have twins! So then you have 1 salary left to cover 4 people's living costs.

Shadysadiebaby · 29/10/2024 06:55

Spectre8 · 29/10/2024 06:48

Children already get their school paid for, breakfasts etc. Childcare and so on.

Single people need better support when they fidn themselves redundant and not what is available today is often not available and not enough. If a family was homeless tomorrow they would at the top of the list for help but a single person would end up on the streets.

Single people are taxed and pay for every other group and hand over more every year to fund them meaning they have less for their own needs. And all we get for it is measly 25% single person discount. Whoppeee.

How about there is enough help for families and children and it's time to say thats it no more you get quote alot of help already.

Children get school paid for but so did those single people (and everyone else)so that's fair. Not sure what you mean by breakfasts??
Everybody - except for children as they have no income - are taxed and pay for every other group. Why exactly do you think you pay out more per year than anyone else?

Spectre8 · 29/10/2024 06:48

Shadysadiebaby · 29/10/2024 06:21

Ok. How?
And children HAVE to be looked after. That's not optional. They can't go out to work and haven't had the chance to save.
And even though people like to say single people have it harder than families I'm actually not sure that's true. Maybe in taxation, but not financially generally. It's not harder paying for 1 person on 1 salary, than, say 4 people on 2, surely?

Children already get their school paid for, breakfasts etc. Childcare and so on.

Single people need better support when they fidn themselves redundant and not what is available today is often not available and not enough. If a family was homeless tomorrow they would at the top of the list for help but a single person would end up on the streets.

Single people are taxed and pay for every other group and hand over more every year to fund them meaning they have less for their own needs. And all we get for it is measly 25% single person discount. Whoppeee.

How about there is enough help for families and children and it's time to say thats it no more you get quote alot of help already.

WitchyBits · 29/10/2024 06:43

viennawaitsforyouu · 28/10/2024 20:22

I would do away with mainstream schools and implement homeschooling instead with tutors and an informal learning approach
free travel for children and teenagers
i would give benefit money to children and teenagers so that they can buy their own clothes and food and anything they need incase they’re being abused
i would create homeless shelters for runaway adolescents
i would also create separate living areas for those with antisocial behaviour so they’re not bringing everyone else down

A lot of children these days genuinely believe that they can change sex, want to order every meal from just eat/deliveroo and think designer labels are the bomb. These children would starve after having a giant sugar crash on payday and be naked apart from a north face coat, plouise lip oil and and pair of knickers fashioned from a collection of haribo bags and a wad of Maccies serviettes.

Lincslady53 · 29/10/2024 06:38

They could bring back tax relief on mortgage interest for first time home owners, and have a government backed guarantee on say, 10% of the loan to enable would be buyers get a 100 % mortgage on a property. If the housing market dips and a house is repossessed this would reduce the banks exposure to loss. This would take away the two main blocks on house purchase, building up a deposit and the cost of the mortgage. Have a realistic stamp duty threshold, or switch the way stamp duty works by having the seller pay it, not the buyer. . The big problem to making houses easier to buy, is that it tends to put the prices up., so any stimulus may be counter productive.

Lincslady53 · 29/10/2024 06:24

The pension lump sum. I have just started drawing down my pension savings, built up over 48 years of working, paying taxes and paying into my pension pot. Yes, I receive tax relief on my pension payments, but a quick calculation on how much tax relief I received compared with how much tax I will be liable for on future withdrawals show that the government win big time on their investment in my pension, due to the growth in the funds value of time. As I have a pot, they also do not have to spend time and money supporting me with housing benefit, council tax relief, and any other benefits that someone who hasn't saved is entitled to. As I have savings, that will go first to pay my care costs if I need them, saving thousands of pounds. If, however, they suddenly cancel the tax free allowance, the damage this will do to the perception that we should all save for our old age will we immense. Why should anyone save to look after themselves if when they need their savings the gov will just dip their hands in and steal whatever they want?
One other change. I would make all freebies such a Taylor Swift tickets, football hospitality, free clothes and free holiday accommodation, classed as income, as indeed are tips received by waiters and milkmen, and taxed at the rate of income tax the recipient pays.

Gnomy · 29/10/2024 06:24

A lot of your ideas are oriented to get people on the housing ladder.

Small problem.

There aren’t enough houses. That’s one thing already fuelling high prices.

ClytemnestraWasMisunderstood · 29/10/2024 06:21

Are you on drugs?
is that you Liz and Kwasi??
Point 4. This option has been available for years. It hasn't been the case, so please provide the research that suggests the 100s of 1000s of pensioners will be arsed to take this out, findca property and become landlords. What a feckin stupid idea.
Just an easy pop at those you perceive to be rolling around in money in every room of their massive houses
Your suggestions will bankrupt the country

Shadysadiebaby · 29/10/2024 06:21

Spectre8 · 29/10/2024 06:17

I'd much prefer to see a budget that supports the single childfree/ childless person for once. Just for once in all these decades give us something instead of taking our money away every single time.

Children and families are always included in the budget how much u more help do you want...til it's all free?!

Ok. How?
And children HAVE to be looked after. That's not optional. They can't go out to work and haven't had the chance to save.
And even though people like to say single people have it harder than families I'm actually not sure that's true. Maybe in taxation, but not financially generally. It's not harder paying for 1 person on 1 salary, than, say 4 people on 2, surely?

Edingril · 29/10/2024 06:19

People come up with these, then if the government says 'right we will raise your taxes to pay for it or take a benefit off you' no they don't want to pay for if then

Shadysadiebaby · 29/10/2024 06:18

Id rather hear "working people" than "paid in all my life"

Spectre8 · 29/10/2024 06:17

I'd much prefer to see a budget that supports the single childfree/ childless person for once. Just for once in all these decades give us something instead of taking our money away every single time.

Children and families are always included in the budget how much u more help do you want...til it's all free?!

niadainud · 29/10/2024 06:15

I don't disagree, but it's marginally more inclusive than "working families" which just makes single people or childless couples feel like they don't count.

Mlanket · 29/10/2024 06:11

And if you are the right age & have the right skill set countries outside Europe will be interested in you.

Mlanket · 29/10/2024 06:11

Except emigration isn't easy now thanks to Brexit!

True but plenty of us are 1st & 2nd gen immigrants ourselves so our dc have it easier.

Shadysadiebaby · 29/10/2024 06:09

Mlanket · 29/10/2024 05:46

There definitely needs to be a focus on the young because as you say they are the future & it makes sense to invest in them. However it won’t happen probably because the demographic swing is under way. Portugal are looking at tax breaks & housing policies for the under 35s I suspect more countries will follow suit as they start to compete for younger workers. Best thing to do is emigrate!

Except emigration isn't easy now thanks to Brexit!

SD1978 · 29/10/2024 06:08

@Gingerlingerlonger - you've got it now! Well done! We also need to completely disregard that single women over 50 are the largest growing group reporting homelessness due to raising the kids, but too old now to still be raising them. However older women aren't something anyone gives a fuck about, because you've served your purpose and need to slink off quietly to the afterlife now. And if you were fortunate enough to be able to secure, having housing, give it up as you don't deserve it.

Gingerlingerlonger · 29/10/2024 06:05

I'm over fifty. Shall I just direct transfer all my savings and assets to the account of you and/or your children before I kick the stool away and leave my property empty for you.

I fail to see why you did not add;

  1. Euthanasia to be made compulsory for all over 60s.

After all, the future belongs only to the young.

YellowAsteroid · 29/10/2024 06:03

JudgeJ · 29/10/2024 01:32

The OP will have changed her tune in 20 years time, suddenly the world will be revolving around the middle aged whose children have left home, bugger the young families etc.. One's sense of Me changes with maturity.

Edited

Indeed.

YellowAsteroid · 29/10/2024 06:01

Oh I do love the ageism on MN. It’s the last bastion of prejudice.

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