AIBU that working people should be rewarded in the Budget?

[DistingusedSocialCommentator]

As above by way of increasing the tax threshold which has been on ice for a while.

The lower paid will benefit the most as those earning about 125k I think it is dont get any tax reliefe. 2 of the 3 children of ours pay 40% or more in tax plus NI. Therefore, the lower paid will benefit the most

We left worl in our early 50's and yet to reach state pension age.

I've read that many pensioners will soon be paying taxes as many are also being paid a few quid in private pensions they contributed to

so rather than a penny or two cut, raise the threshold of income tax

The gov must also do away with IHT but that is a different subject.

So if you agree with me, then it is I am being reasonable

Another 2% cut in NI and continuing the freeze on fuel duty isn’t much, but it’s better than nothing in terms of putting a bit of money back in the pockets of ordinary working people. Hopefully these measures, together with increasing the child benefit cap, will act as some degree of economic stimulus. Also, taxing vapes is obviously sensible.

I was disappointed by the lack of any increase in tax allowances, even just uprating in line with inflation. I also want to see more incentives & sanctions on people living on benefits to force them take the jobs which are available. Even Labour is starting to make positive noises on worklessness. Liz Kendall said yesterday that young people wouldn’t be able to just live on benefits under Labour. We’ll see what they actually do.

BIossomtoes
So she was entirely correct. You really are struggling these days Clav.

Perhaps you are struggling with the definition of however?
Abolishing inheritance tax could be a vote winner where I live (South East).

It wouldn’t get mine. A tax free windfall of or share of £1 million should be enough for anyone.

Even allowing for that expansion - 12% is a tiny proportion. It is really odd that it's a vote winner with so many who would never pay it. A weird cap-doffing phenomenon although not unusual in our crazy island.

Please trust me, we do all know what Labour "will do."!

You may not recall this but Greece went belly up with their equivlant of the labour party. No one would sell medicines to that country,

Yes, we do want a better social care, more for those that are on benefits and genuinely claiming them but we need money to do that. To do that is by making it more rewarding for people to work

As a working person, I'd feel suitably 'rewarded' by such things as:

A functioning health system which is suitably staffed and equipped, so as to enable staff retention, growth and wellbeing, to promote timely treatment (that enables people to be both mentally and physically fit for work)

A functioning education system which is suitably staffed and equipped, so as to enable engagement and retention of well qualified professionals to educate the next cohort of workers to a suitable standard, and not in buildings that are not fit for purpose, meaning they're falling about our kids ears, and our kids can't find a working toilet.

A functioning police system, with stringent vetting of candidates and excellent training. Where, when I see a headline saying 'police to be given training in violence against women', I don't find myself wondering 'why, they seem to be pretty bloody good at it already?'

Where people who can't work, or need assistance to live on their own, or can't live on their own, get the support they need, to live without unreasonable want, and with dignity.

There's lots more on my letter to Santa, but you get the gist.

Just a functioning society really.

Trying to pretend politics in Greece has any relation to here is offensive to us and the Greeks. It is just beyond ridiculous. There is so much more to the situation that happened there, including but not limited to the fact that they were in the Eurozone.

You may not recall this but Greece went belly up with their equivlant of the labour party. No one would sell medicines to that country,

And that was Greece. This is the UK. You may wish to look both countries up on a map so that you can understand that they are not in any way the same country, and that their political parties are not the same party. I mean, that's just basic geography.

Trust you? 😂😂😂😂😂😂😂

No.

I suppose that it's a bit like the ULEZ. 90% of cars were already compliant. Yet people didn't actually check and just assumed that theirs wasn't and got worked up about it. Maybe people likewise assume that they will be stung by IHT even though most won't.

BIossomtoes
It wouldn’t get mine. A tax free windfall of or share of £1 million should be enough for anyone.

I suppose it might depend on how many children and grandchildren you have - and where your grandchildren would like to buy a property.

Also, you are assuming that the person who dies can use their late partner's allowance - that's not the case for everyone (divorcees etc.) - the property threshold drops to £500,000.

Grandmothers and eggs Clav. If our four kids aren’t happy with £1 million tax free between them we’ve brought them up wrong.

DdraigGoch
I suppose that it's a bit like the ULEZ. 90% of cars were already compliant

I remember there was some dispute over the number of vehicles affected;

Almost 700,000 cars in London will not be Ultra Low Emissions Zone (ULEZ) compliant when the scheme expands, according to new analysis from the RAC.

The RAC said the figure rises to more than 850,000 when including other non-compliant vehicles in addition to cars.

However, the London mayor's office has disputed the figures.

The data does not include vehicles which enter London from neighbouring counties such as Essex, Hertfordshire, Surrey and Kent.

https://www.bbc.co.uk/news/uk-england-london-65057890

I

As mentioned before, not everyone gets 1M tax free. Single unmarried parents get £500k, which in the South is more than the value of a lot of properties. I am in this situation as an unmarried widow.

Since the actual tax threshold hasn't shifted then not much gain for me and child benefit well I don't gain from that either.

It's enough to make Labour have a difficult few years in power re tax but does it change them coming in? No.

Oh look. It's Conservative Central Office's Chatbot again. The disconnect from reality is stark.

For the benefit of people with an actual, organic brain, oil prices change.

It's designed to screw the incoming government, no more, no less. The current lot gives not a fig for the good of the country.

Shh! No making sense, it isn't welcome. We should just gullibly cheer on the Tories because Reasons.

Definitely needs raising for lower earners and poorest in society. It's also an incentive to get the lower earners off benefits and help them spend and save... Everything else has gone up so why not this band and put more £ in the pocket of those who need it most?

Absolutely. Spot on.

We’re not alone in thinking it.

https://www.theguardian.com/commentisfree/2024/mar/06/jeremy-hunt-spring-budget-tories-labour

You continue to make me scoff, because you go on about making it attractive for people to be in work; yet you say you left work in your early 50s. What would make it more attractive to you to be in work?
It's all about what you think, but nothing about what you contribute....

Look this is a wrecking budget.

Obviously the Conservatives are going to lose. The only question is whether they can come back in five years.

Currently the numbers look very bleak for them and suggests a Labour decade.

This budget is an effort to try stuff their policies before they start. The individual tax burden is still going up and will do for some years post 2025.

It's interesting that the Tories are going for NICs: they are taking about abolishing it. This has a lot of implications on the idea of funding pensions and other benefits. That is the idea of individual contributions and pay out.

If you got rid of NICs you could have an individual contribution system, with benefits that correlate more to what you contribute.

Please stop being deliberately obtuse.

You know we worked since leaving education, never a day out of work.
My OH and I when we were younger worked around 6 days a week and at times up to 60 hours a week. We spent prudently and invested rather than smoking, drinking, using cabs, eating out every week or hols for many years, nor did throw away our money on HP. After almost 35 years of FT work, we are NOT on benefits, nor have we ever lived in social housing. We made a choice to leave work and let someone else have that job. Those people are now paying tax. We are still paying income tax. You full well know the people the gov is referring to to get back into work

Envy is never a nice thing, but I hope my post has helped you to be reasonable and accept that people who have worked hard, and been prudent with tHEIR money are entitled NO to work until they are 70 if they dont want to.

Is that OK with you???

You know we worked since leaving education, never a day out of work.

Like many people who are a decade older than you and still working. Your complete inability to recognise that you’re economically inactive and not contributing while expecting others to is breathtaking.

You sound self obsessed OP with the past: many people manage to work without having to list the number of years, or not having a day off, or whatever. You have retired. The working world is moving along without you.

The Conservatives have had over a decade to "make work pay" or manage the tax burden properly. They have failed not in terms of the Labour Party but by their own criteria. Dire. You should wag your finger at them.