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Budget 2014 - watch with us!

57 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 ...

SarahMumsnet · 19/03/2014 13:48

OK, and he's winding up now, so I will too. See you next year Grin

SarahMumsnet · 19/03/2014 13:47

Miliband's talking about Eton now - more old Etonians in the cabinet than there are women ..

SarahMumsnet · 19/03/2014 13:46

"Will you rule out a further tax cut for millionaires to 40p?" asks Miliband, asking the prime minister to nod his head if he will. Cameron's head appears to be motionless.

SarahMumsnet · 19/03/2014 13:43

we needed a budget to make the long-term changes the country needs, but the Tories won't do it, says Miliband; they won't stand up to vested interests.

SarahMumsnet · 19/03/2014 13:41

"an economy of the privileged, for the privileged, by the privileged."

SarahMumsnet · 19/03/2014 13:40

Manufacturing, construction, infrastructure investment all down. House building actually at lowest level since 1920s, and rents have risen at twice rate of wages. THis is a recovery for the few, not the many, Miliband says.

SarahMumsnet · 19/03/2014 13:37

24 tax rises introduced since Osborne became chancellor, he says. 350,000 people going to food banks. 400000 disabled people paying the bedroom tax. Cuts to tax credits, too. Only group better off are millionaires.

SarahMumsnet · 19/03/2014 13:34

The working ppeople of Britain are worse off under the Tories, says Miliband. Living standards down, year by year.

SarahMumsnet · 19/03/2014 13:33

... and done. May I be the first to call it the "beer and bingo" budget? Here comes Ed, meanwhile ...

SarahMumsnet · 19/03/2014 13:30

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

SarahMumsnet · 19/03/2014 13:29

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

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%.

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.

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.

SarahMumsnet · 19/03/2014 13:24

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

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.

SarahMumsnet · 19/03/2014 13:22

40p threshold up to £41,865, InMySpareTime

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.

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 ..

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

SarahMumsnet · 19/03/2014 13:15

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

SarahMumsnet · 19/03/2014 13:15

Reiterating tax-free childcare pledge now ...

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.

SarahMumsnet · 19/03/2014 13:11

News for small businesses: annual investment allowance to be extended to 2015, and doubled to £500k.

SarahMumsnet · 19/03/2014 13:10

20% tax relief for regional theatre ...

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