To want a budget which puts young people and families first

[HFJ]

In advance of an upcoming budget that will likely hammer working people (again, despite the rhetoric), I’m consoling myself by imagining my own budget. You’ll notice a theme. This is because I believe young people and families are the future, deserve to have hope, aspirations and goals. Please feel free to contribute.

1. The first 5 years of young people’s full time earnings to be tax and NI free. This would enable all to save for a house deposit, rather than only the few who inherit. Imagine the incentive to work hard!
2. No increases to any tax that primarily affects working age people, including fuel tax (because working people need fuel to go to work)
3. No stamp duty for young people and those with children under 18. This enables them a fairer chance of buying property rather than have to compete unfairly with cash buyers
4. Complete removal of the pension tax free cash allowance. This is because 100s of 1000s are poised to take their 25% lump sum and plough this into the property market (tbf I think the gov has got wind of this, hence the landlord tax changes)
5. instead of massive increases to NHS budget (which does not really benefit the young or families), a £10 charge to see the doctor, so people start to take ownership for their health
6. Removal of the free prescription for over 60s. Instead, use this money to bring back the school nurse and perhaps even school dentist visits

Any other ideas?

Those jobs have awful working conditions. Change that, and people might be interested.

Not rubbish at all, it encapsulates the OP's views perfectly, the old can go and lie down in the middle of the M6, how dare they breath air that might be needed for the never-ending supply of sprogs.

I disagree a little bit.
I think above all else, we need to invest in children. This isn't just for the benefit of those children, it's for wider society going forward. I think it's widely acknowledged that for every £ spent in childhood saves money in adulthood. Even just feeding them better sets them up for better health, saving society money, in the future.

It was due to end in December anyway. I’m glad it is being extended, but agree it would have been great if it had been possible to keep it at £2.

i believe there may be longer term plans to bring bus services back under local authority control? Hopefully that would help with cost and service availability.

And @MeowCatPleaseMeowBack … not the worst idea, but I would add a little Soylent Green into the plan… so those pesky childless people have something to eat in their cardboard boxes down by the river.

Subsidized daycare, from birth

Free education, at all ages

Free travel for youth/students

Never gonna happen

What are you taking about 'never-ending supply of sprogs'. You know the birthrate is about 1.5 in the UK don't you? And continuing to fall. Really showing your child hatred there.

HCP's can take an express route to nursing

So 2 years of being an HCP can be used towards your nursing degree for example

Could say the same about pensioners but hey ho.

Same with daycare workers

I don’t agree at all. Parents need to take responsibility, rather than expecting the state to look after them.

^

Those children are humans, and grow up into people who contribute to society.

Like pensioners

You could very well argue that the more investment we put into children the better outcomes they have in old age.

Every penny of it has been taxed once, sometimes twice and in some cases many times. How would you like everything you had worked for taken by the government.

You sound unhinged. Struggling to buy a property and letting the stress get to you?

1. This would just make houses more expensive. Those with inheritances will have their savings and their inheritance. You’d just have your savings. They’d still be an inheritance ahead of you.
2. working age people are some of the most able to pay taxes, and you are committing not to raise these taxes. Didn’t work out too well for Rachel Reeves.
3. Stamp duty not only adds to the cost of you buying a house, but also stops people from moving. The sort of people you want to move if you want to buy their house. Stamp duty needs to be binned - for everyone.
4. Partially agree. I see no evidence of people buying property with their tax free lump sum. Accidental landlords inheriting their family homes at that age maybe.
5. agreed.
6. crazy. Some less wealthy pensioners would just die through lack of prescription.

I’m sorry that you feel you are bearing the brunt of inter generational inequality, but you cannot pit them against you like that.

House price inflation is the bulk of most inheritances and that’s entirely tax free.

Browns budgets weren’t for everyone when he twice raised nic which is nothing but a tax on workers!

My relatives in Ireland used to have to pay 100 Euros to go to A&E and it used to always surprise me when DFIL had something ghastly wrong with him and all he could say was "Dammit, another 100 Euros down the drain."

So a 40 year old childfree couple buying a home has to pay stamp duty but their friends who happen to have a child do not? Ridiculous.

Which part of this is rubbish exactly?

I haven’t read the thread sorry, but my first reaction to the title was when I was young I thought the same now I’m older I want a budget that will let me keep my savings. I worked hard to give myself a decent retirement, it’s not fair that I shouldn’t get it.

but you know, when I think about it, a lot of my monthly income goes out to help my children fund their families finances. They work hard, don’t waste money yet still need the bank of mum to help them.

if the budget helped young families. It would mean they wouldn’t need my support so much, which would help my finances.

over all though, I’m dreading this budget, I think they are going to sting anyone who has saved, and who work hard to support themselves.its the middle earners who will be hurt.

Well for a start the council tax in expensive London boroughs should be majorly increased, they pay less than I do in a small terrace up north. Yet apparently London can afford a massive firework display yearly and my local council can't afford a small local bonfire.

Secondly only UK citizens, that are living here for more than six months of the year, should be allowed to buy or own property. The majority of London property and many other properties in the country are owned by people abroad who leave them empty on purpose year round. Absolute waste.

Residential properties should only be purchasable by individuals, not companies.

Loopholes in business rates need to be closed.

Ideally public transport outside of London would be free (solves all the issues with fare dodgers and affording it and makes it more efficient getting on, plus mostly it runs at a loss anyway) but with people contributing from taxes.

The £10 fee to see a doctor would cost the NHS more in the long run as people would avoid going and be more expensive to treat.

1. Removal of the free prescription for over 60s. Instead, use this money to bring back the school nurse and perhaps even school dentist visits

So help those at the beginning of life but not the end ?

They have their whole working life to plan and save.... is that not a reasonable argument?
We have started to save for our children's pensions because I'm willing to bet that a state pension such as what people enjoy now ( much funded by the children people apparently shouldn't have if they can't afford them ) won't be a thing for them to rely on.

School nurses still exist.