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MNHQ

Budget 2014 - watch with us!

163 replies

SarahMumsnet · 19/03/2014 11:46

So... George Osborne will be standing up to deliver this year's Budget at 12.30pm, with announcements expected on property tax, stamp duty and the personal tax allowance. Here's what you were hoping (and dreading) would come up; time to find out whether George has been reading Wink

We'll be watching the Budget over here and posting about the key announcements for those who are at work unable to view the live stream; come join us, and tell us how you think he's doing ...

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MNHQ
SarahMumsnet · 19/03/2014 13:30

He's winding up now; think that was the meat of it.

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MNHQ
SarahMumsnet · 19/03/2014 13:29

Thanks PigletJohn - I realise I'm missing things!!

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MNHQ
SarahMumsnet · 19/03/2014 13:29

10p starting tax rate for income from savings to be abolished. First £5k of savings income will be at 0%.

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PigletJohn · 19/03/2014 13:28

a couple of vote-buying lines:

Inheritance tax waived for members of emergency services who give their lives in job

Tax on homes owned through a company to be extended from residential properties worth more than £2m to those worth more than £500,000

MNHQ
SarahMumsnet · 19/03/2014 13:27

Anything you take out of your pension will be taxed at normal rates, rather than the current 55% after the initial 25% has been drawn down, says Osborne.

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TalkinPeace · 19/03/2014 13:27

what about NATIONAL INSURANCE : still 12% on earnings over 7700 .....

MNHQ
SarahMumsnet · 19/03/2014 13:26

Pensions: all remaining tax restrictions on pension pots to be removed; pensioners can draw down as much as they want when they want. No one will have to buy an annuity. Free impartial face to face advice to be offered to everyone.

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NunsArePeopleTooDougal · 19/03/2014 13:24

Excellent news on the ISAs, but Cameron still looks like a nodding dog.

MNHQ
SarahMumsnet · 19/03/2014 13:24

Launching new 'pensioner bond', open to everyone over 65.

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MNHQ
SarahMumsnet · 19/03/2014 13:23

OK, news for savers.

Cash and Stocks ISAs to be merged into a single new ISA, which will be more generous, with an annual limit of £15k. Junior ISA limit up to £4k.

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MNHQ
SarahMumsnet · 19/03/2014 13:22

40p threshold up to £41,865, InMySpareTime

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MNHQ
SarahMumsnet · 19/03/2014 13:21

Here's the real headline though: next year, no income tax at all on first £10.5k of salary. And higher rate threshold to go up.

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InMySpareTime · 19/03/2014 13:20

I want to see the actual figures for amounts of income tax for middle income...

firstchoice · 19/03/2014 13:20

I need to listen on the radio.
I CANNOT watch that man without wanting to slap him.
My hand twitches. The only other person I feel like this about is Cameron - so to see them together makes me feel all stabby and I cant concentrate on the actual message...

OhYouBadBadKitten · 19/03/2014 13:19

I'd like to see how the cut in income tax will translate into real terms for us.

MNHQ
SarahMumsnet · 19/03/2014 13:18

Tobacco duty to rise by 2% and will continue to rise through the next parliament. Alcohol duties to rise with inflation, except for Scottish Whisky, on which duty will be frozen, and on cider, to help those in the west country hit by the floods. On beer, duty will be CUT by 1p. A penny off a pint, says Osborne in a naked attempt to write tomorrow's headlines for all the journalists watching ..

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InMySpareTime · 19/03/2014 13:18

1p off beer, that'll save me ooh, a shiny 12 sided pound coinGrin

OhYouBadBadKitten · 19/03/2014 13:17

Splendid, we can drink ourselves into oblivion (do like a nice pint of beer)

MNHQ
SarahMumsnet · 19/03/2014 13:16

Finally - the bingo duty announcement. it's going to be halved to 10%. You can all switch off now Wink

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MNHQ
SarahMumsnet · 19/03/2014 13:15

Planned fuel duty rises for September will now not take place, says Osborne.

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OhYouBadBadKitten · 19/03/2014 13:15

Great, lets encourage more gambling :-/

MNHQ
SarahMumsnet · 19/03/2014 13:15

Reiterating tax-free childcare pledge now ...

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OhYouBadBadKitten · 19/03/2014 13:14

Cut costs for manufacturers partly by capping carbon taxes. No extra investment in green technology.

MNHQ
SarahMumsnet · 19/03/2014 13:13

"We need to cut our energy costs" says Osborne, and we'll do it by investing in new sources of energy inc nuclear, shale gas and renewables. £7bn package to cut energy bills for manufacturers.

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OhYouBadBadKitten · 19/03/2014 13:12

Not exactly a green budget so far is it??

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