Healey Resignation

So 1%?

One more penny to every pound we earn?

But you are not working now?

So are you talking about tax that you used to pay?

I don't understand concept of 1p though.

There are 39.1m taxpayers in UK. 1p each? per months? it's 4.7m pa, it's not even loose change.

1p in the £

I actually agree with you. I had a Saturday job and then worked in the same place during the school holidays.

My hairdresser has been hit three times with the recent changes. He takes on a lot of young apprentices. He is now having a rethink.

NI increase
Increase in NMW
Selling expensive hair products that can be brought cheaper online.

He also told me he often gets the Mum’s of young people coming in if they feel their precious child is being picked on or one came in and in front of the shop said her daughter needed to take some MH days and it wasn’t right that she was given eye rolls when she returned.

Quite honestly - some young people have no experience of anything in the work place and their parents have indulged them to such an extent that are in for a big shock when working.

what does 1p mean then?

1 penny on what amount???

You’re being incredibly intrusive. And really rude. If I meant 1% I’d have said that. I meant 1p.

I begrudge paying more taxes whilst benefits increase. It’s not right that being on benefits pays more than working.

I earned a lot more than that when I was working! 1p on the basic rate would raise £7 billion. It’s not nothing.

Could you please explain your numbers?

"1p" - do you mean 1%?

45k salary - 12.5k allowance = 32.5k taxable income

Assuming you mean 1% it's £325 pa of extra tax, it's £27 per month. How did you get £5.40?

As a pensioner with occupational pension are you on 20% or 40% tax? The reason for me asking is that you keep on saying that you pay a lot of tax, so I'm curious to understand what "a lot" means to you. Because some of us pay 62% and feel it's more than enough. I'm not trying to be intrusive, just to understand the context.

My earlier question about your children was driven by desire to understand if you want to leave something to them, or if you feel you're set up for life and happy to pay a few quids more and can't relate to the other views.

No, I probably don’t! I’d use the findings of the Millburn report to create lots of work opportunities for young people - apprenticeships, incentives to employers, any initiative that would get them in to work and once those were in place increase the age at which benefits could be claimed. We can’t have nearly a million young people with no experience of work.

I agree with this. The back benchers must have shedloads of people on benefits.

Unless you are earning over £45k as you state your contribution would be tiny. Well done if you are earning this btw!

I am genuinely interested. Blossom - what would you reduce on the benefits budget? You probably don’t want to know what I would do…

It’s not a question of being generous when other people are paying - my tax would increase too.

An actual truly decent MP who cared passionately about the job he was given , the state of the armed forces is the responsibility of both parties over years of defence cuts, sadly the current government might have tried to talk the talk but they definitely haven’t walked the walk . Defence just isn’t as important to many labour MPs as benefits

I agree the Triple Lock should go too

Thank you Blossom. You could have told me to sod off but tbh - it’s easy to be generous when other people are paying. My two grown up children are working full time and are taxed to the hilt. I am still working in my 60’s admittedly part time now but have a good private pension but stopped at 2 children.

Yes, I have slogged away with my career hence the good pension however others have no such ambition. Which is fine until you get into 60’s and then wonder where all the money has gone.

Mum was a single parent. No university. It wasn’t considered when I grew up.

Starmer's government...

Al Carns has resigned!

I don’t think they’re doing a great job. I think they’re struggling and the benefits bill is too high. An extra 1p income tax would mean an increase of around £5.40 a month on a £45k salary. I’m a pensioner with an occupational pension who thinks the triple lock should go. Any more questions or has your curiosity been satisfied?

@BIossomtoes would you mind me asking if you have children? if yes, what age?

To your point - no, it really doesn't apply to majority of households on benefits, they conveniently register someone with disability and that's it. Just under 2% subject to cap.

We have one of the highest tax rates in OECD, 38% of economy is taxed.

I wouldn't be happy to pay a penny more in taxes until benefits bill is slashed drastically. Benefits must be time limited. 6-9 months, 12 months max, then that's it.

Blossom - you seem to have a view that Labour are doing a great job, benefits bill is ok and you would be fine adding 1p income tax to wages. What job are you doing that makes you this generous?