to ask how you will be affected by the budget announcements?

[manicinsomniac]

Sorry if there's another thread about this, I can only see lots of speculative ones.

Now that it's announced ... I admit I'm struggling to get my head around it. I don't think it's as bad as I thought? I don't think it can be that good though? I don't think there's a single thing in it that affects me. I'm not sure about any of that though because I find it all quite confusing!

So, ordinary people from ordinary families/households - how are you going to be affected, if at all?

£5k worse off.

Not a good day.

Tiny bit better off with the increased personal allowance.

Sickoff I'm a nurse in the NHS. Genuinely I'd rather not have a pay raise than the 1% it will cost millions to implement and have zero effect on my living standards.

Last month out of taking home £2200 I paid just under £1k in deductions with my pension topping £350. Paying into my nhs pension is absolutely necessary but i could so do with that money now!

I'll be losing over £100 a month... I can't comprehend this?! That's literally the difference between surviving & not surviving a month... Holy shit

I'm actually quite surprised to see how many people are being affected so badly. What is it that's doing it, tax credits for part time workers? Or paying market rent on housing? Or the £20000 benefit cap?

I feel quite stupid that I don't understand all of this. It's been a long day on a school trip and I'm still at work so maybe my head's just a bit fried.

Says I'm £128 a month better off. Sorry for everyone who will struggle :(

£1400 a year worse off. Lone parent, 2 kids, I work part time in public sector, wages below the tax threshold so no gain there, my 1% pay rise funnily enough won't cover it. I know of plenty of people who will be in my position, there are plenty on here as it is. How that can be thought of as acceptable is beyond me.

Yes seems shit for single parents neverundetstandmen and chasegirl .Perhaps they'd like to scrap csa fees or give shit upon women some legal aid to pursue bastard husbands. No, thought not.

Feeling fucking bitter today towards ex and George Osborne

According to that calculator we will be about £3000 worse off :(

About £350 a year better off.

Two earners, no kids.

More wage freezes for me but paying a bit less tax. Not sure what other changes there will be.

Oh shit that calculator suggests we'll lose all of our tax credits. Fuck. We can't afford food without them.

According to that calculator I will be £2000 worse off.
Me & my partner both work full time in low paid jobs to support our 3 children.
Great budget!! Thanks a lot!

I just used a different calculator, which says £2000 worse off

The change to income tax gives us an extra £80 a year!

Looking at that calculator I'll be £130 worse off
How do they expect people to cope?

We'll be about £2000 worse off according to that calculator. If I was working full time we'd be £2600 worse off so how they can say it's a budget for working families I don't know.

What they should have done is got rid of MPs expenses and cut their pay to the 'living wage' which would have made a huge dent in the deficit.

It genuinely disgusts me that the MPs are hurrahing and fist pumping over a budget that caps a 1% pay rise for public workers in light of the MPs proposed pay rise. Sickening.

That really pisses me off. How can they justify that??

Just over 2k worse off. I am fortunate in that I can increase hours at work to take some of the hit.

The problem is though for those relying on tax credits to top up wages, even if you can increase hours to earn more, the tax credits will reduce further as you're earning more. It's a lose-lose situation unless you don't get any tax credits.

According to the calculator you linked to I will be £2000 a year worse off!

If I can convince my boss to pay me the mw (yes I've reported her and am looking for other things etc). I will be better off. If not then god knows.

We'll apparently be £151 a year better off. I work 30 hrs and dh 16. We don't get tax credits any more and pay a mortgage. I should be pleased but I work in the charity sector and have spent years seeing how awful things are for the weak and vulnerable. How can I celebrate this increase when so many people who really need are being treated so fucking shabbily?

£317 better off due to tax thresholds.

I'm fucking disgusted at how the budget is going to crucify people.

Op I don't quite understand either. Can't fathom how someone can be be 5k worse off. Don't undestand it. Not at all sayings its not true, I just don't get it.

I am waitin for my accountant to send me a report. As a business owner I am worried. Although we currently only have one pt staff member. We can up his hours of he wants/ is able to. So hopefully he will be ok