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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

2p NI cut

43 replies

coffeabdreav · 05/03/2024 17:57

How much would this save an average salary of £35k if this were to happen.

Would if help you? Do you think its a good decision?

OP posts:
Alcyoneus · 05/03/2024 22:05

It’s not even going to touch the sides. Taxes have never been higher since WW2. This government has stolen billions from us in the name of Covid and handed it to their cronies.

2p NI cut is insulting. The basic rate threshold should be raised to £15k at least.

IsawwhatIsaw · 05/03/2024 22:08

Won’t make any difference to me.
The household Support Fund looks like ending, that had helped many people struggling with their Bills

TheFairyCaravan · 05/03/2024 22:14

I don’t work but the money DH will get will pay for a tank of petrol, give or take a pound. I think it’s ridiculous. DS2 is a charge nurse. He tells me horrendous stories about what’s happening in the NHS and DS1 is in the army with precious little equipment because most of it has been given away.

The country is on its arse. Giving people a few quid a month in the run up to the election is just going to make it worse. Robbing Peter to pay Paul never works.

Overthebow · 05/03/2024 22:20

Whilst I think they should raise the tax thresholds, the NI cut is decent as it helps the working population. It’ll mean an extra £120ish a month for my household as both me and DH earn around £55k each.

Maddy70 · 05/03/2024 22:35

caringcarer · 05/03/2024 18:31

Yes if 2p of NIC exactly the same. It means you will be worse off because of thresholds not keeping up with inflation. I think I read if they had it empty up each year we'd all be on a starting rate of £15k tax by now. Just shows how much they are scamming from the public. And they'll lose the grey pensioner vote too because they don't pay NIC's over 66.

This. It will be spun beautifully to aid their election chances. But this is the actual reality

Starlightstargazer · 05/03/2024 22:52

Our public services are in dire straits.
How does cutting income help with this situation?

caringcarer · 05/03/2024 22:55

IsawwhatIsaw · 05/03/2024 22:08

Won’t make any difference to me.
The household Support Fund looks like ending, that had helped many people struggling with their Bills

It was only meant to last while inflation was so high during the COL crisis.

NewName24 · 05/03/2024 22:57

Starlightstargazer · 05/03/2024 22:52

Our public services are in dire straits.
How does cutting income help with this situation?

This is my thinking.

If there is 'spare' money in the budget, what about providing (re-introducing?) some of the services that have been absolutely stripped over the last 14 years ?

IClaudine · 05/03/2024 23:00

Remind me again, what good did Hunt's last NIC cut do?

It is a desperate sop to retain their dwindling voters. It won't win anyone over into deciding to vote for them. Might cause a headache for the incoming Labour government, I suppose.

IClaudine · 05/03/2024 23:02

Overthebow · 05/03/2024 22:20

Whilst I think they should raise the tax thresholds, the NI cut is decent as it helps the working population. It’ll mean an extra £120ish a month for my household as both me and DH earn around £55k each.

Is that before or after tax (the extra £120?)

Blahahahah · 05/03/2024 23:08

SadnessInMyIntestines · 05/03/2024 21:44

State pension is going up by 8.5%, though, so it’s not as though they aren’t getting anything. An income tax cut wouldn’t help the poorest pensioners, either.

Given my 3.5% payrise this year (yeah! Another years payrise below inflation) pensioners are doing better than me.

blondieminx · 05/03/2024 23:12

FOJN · 05/03/2024 20:09

Bribing the electorate with their own money in an election year whilst public services get flushed down the pan.

The Conservatives have form for this.

Exactly this. Do they think we’ll stop noticing the literal shit show on our coasts, the collapsing NHS and crumbling schools? 🤦🏼‍♀️

Overthebow · 05/03/2024 23:15

IClaudine · 05/03/2024 23:02

Is that before or after tax (the extra £120?)

Edited

The NI cut will give us an extra £120 in our take home pay, £60 each

BringMeSunshineAllDayLong · 05/03/2024 23:16

EddieVeddersfoxymop · 05/03/2024 19:16

I think its a reasonable way to get tax cuts to Scottish folk. We are already so much worse off thanks to the SNP and their tax regime, NI is one way to help us up here. I'll take it.

Unless you have children at university, or a parent needing care then you are MUCH better off than us in England.

NewName24 · 05/03/2024 23:21

Overthebow · 05/03/2024 22:20

Whilst I think they should raise the tax thresholds, the NI cut is decent as it helps the working population. It’ll mean an extra £120ish a month for my household as both me and DH earn around £55k each.

Well that's nice for you, but as @Babyroobs said on P1, it really doesn't help those who need it the most.
She said she was £14pm better off after the last 2% rise.

I also wonder, for those saying "I'll be £60 better off" - wouldn't you rather that people didn't have to wait 4 hours for an ambulance, or wait outside A&E once they got there for another 4 hours before they get into the actual hospital building? Or that people who get themselves to A&E don't have to sit there for 17 hours? Or people awaiting operations don't have to wait 2 years and then have their operations cancelled once they are actually admitted ? Or wouldn't you rather every child had a teacher stood in front of the class, as a minimum expectation ? Or that there were specialist provision for those with the most significant needs ? Or that mental health provision were actually a thing in this country for more than about 30% of those who need that support ?

Babyroobs · 05/03/2024 23:34

NewName24 · 05/03/2024 23:21

Well that's nice for you, but as @Babyroobs said on P1, it really doesn't help those who need it the most.
She said she was £14pm better off after the last 2% rise.

I also wonder, for those saying "I'll be £60 better off" - wouldn't you rather that people didn't have to wait 4 hours for an ambulance, or wait outside A&E once they got there for another 4 hours before they get into the actual hospital building? Or that people who get themselves to A&E don't have to sit there for 17 hours? Or people awaiting operations don't have to wait 2 years and then have their operations cancelled once they are actually admitted ? Or wouldn't you rather every child had a teacher stood in front of the class, as a minimum expectation ? Or that there were specialist provision for those with the most significant needs ? Or that mental health provision were actually a thing in this country for more than about 30% of those who need that support ?

Exactly. I am £14 better off in a low paid charity job doing essential work that is ever increasing thanks to the last 15 years of austerity and cuts. My workload has increased hugely. I work for a charity helping older people ( well over 50's to be precise ) to access benefits. We have huge numbers needing help to make claims for disability benefits for mental health. Huge numbers of older people who are waiting years to get hip and knee replacements, can't get appointments with their GP's and trying to pay for care when they can no longer manage at home. Many have given up trying to get GP appointments, they have lost faith in the system altogether. We have been doing a lot of applications for people for the household support fund but as pp says this is likely ending now. It has been a lifeline for some like one of my clients who had to give up work due to serious illness and was waiting for disability benefits to be in place and surviving on £200 Universal credit a month after deductions. If our charity had not taken food parcels round and she not been able to access the HSF then goodness knows what would have happened. We have the equivalent of three full time workers/ advisors for the whole county including a drop in service. Lots of older folk need home visits .The local councils pass everything on to us to deal with as they are making cuts and have no staff either. Everyday I just see things getting worse and worse, people in more and more despair . Despite my pay which I feel is desperately low for the level of distress we have to deal with and the huge pressure of workload, I would rather see the NHS, social care etc better funded than have a measly £14 a month more.

Halloweenrainbow · 06/03/2024 06:35

I worry about the impact on public services. Cuts might give me £30 a month extra but I also now have to budget £90 a month just to be registered with a private dentist because no NHS dentist are available in our area.
£30 won't get us seen quicker at A&E. Won't help with all the constant pot-hole related car damage, won't empty our overflowing bins, solve the problem of oversubscribed schools and lack of care and social support in the community. The whole governance of this country needs an overhaul but instead they think can just bribe us with a few coins for our piggy bank.

Pleasebeafleabite · 06/03/2024 07:01

If I thought for one minute that £63 would make an appreciable difference I would happily see it in the NHS. But my recent experiences of it just demonstrate it’s appallingly run and wastes cash in many areas. That money can get put away for a private hip replacement or equivalent in future.

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