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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Another budget one. Sorry.

307 replies

photodiva · 31/10/2024 09:03

I keep seeing posts about how this budget will be so bad for us all, am I the only one who won't be (personally) directly affected? Or at least, in a negative way?

I get the issues around businesses and NI but I am a civil servant.

I will get a pay rise! Yep, you read that right. I earn NMW so my wages will go up.

And I don't have a 'gold plated ' pension.

I totally get there will be a lot affected but I can't be the only one who benefits can I?

OP posts:
AnotherChildFreeCatLady · 02/11/2024 22:11

HappyHolidai · 02/11/2024 17:09

It's not "not true", it's just a different situation from the one you implied in your first post.

I'm not sure how my original post differed from the second one. My family live in the US so my inheritance is on a US estate and therefore hmrc will never get their grubby hands on it, thank god.

peanutbuttertoasty · 03/11/2024 09:23

protectthesmallones · 31/10/2024 22:16

Ultimately money has to come from somewhere.

Businesses are taking the brunt of this tax.

They won't want to be losing profits so gradually costs will filter down to the consumer.

The current workforce may not get predicted pay rises as profits will be down, again passing this indirectly onto the working man.

And recruitment may be for essential posts only with others expected to cover absent posts.

The result will probably look like less in a pay packet in a few years due to reduced pay rises.

Jobs will be harder to find.

The cost of things will rise.

The extra NI contributions might be paid in the first instance by business but most businesses won't take it as a loss.

It's actually a very clever strategy to raise major taxes that does affect everyone without it appearing to at first glance.

It won’t be that gradual, much of it will be pretty instant.

My nursery bill has just gone up £800 per year as a direct result, and that’s with them absorbing some of the cost.

EVERYTHING - food, services, goods, fuel, mortgages is about to get more expensive.

and this is just labours opening gambit.

Barney60 · 03/11/2024 11:37

|Did you watch Question time after the budget OP, lady who employed 600 people said can not afford the extra NI so says has 2 choices, cut her work force and expect them to work harder to make up the loss, or take her business abroad, this is a seriously bad budget for us all, effects yet to show.

EasternStandard · 03/11/2024 11:38

peanutbuttertoasty · 03/11/2024 09:23

It won’t be that gradual, much of it will be pretty instant.

My nursery bill has just gone up £800 per year as a direct result, and that’s with them absorbing some of the cost.

EVERYTHING - food, services, goods, fuel, mortgages is about to get more expensive.

and this is just labours opening gambit.

My nursery bill has just gone up £800 per year as a direct result, and that’s with them absorbing some of the cost.

I was wondering when people would start seeing increased nursery bills

peanutbuttertoasty · 03/11/2024 11:39

EasternStandard · 03/11/2024 11:38

My nursery bill has just gone up £800 per year as a direct result, and that’s with them absorbing some of the cost.

I was wondering when people would start seeing increased nursery bills

It took about 24 hours

peanutbuttertoasty · 03/11/2024 11:40

That’s also just for one child FYI

WhitegreeNcandle · 03/11/2024 11:44

ChardonnaysBeastlyCat · 31/10/2024 09:08

You will be affected. It just won’t appear on your payslip.

Businesses be passing on the increase on the customers.

This. I’m a farmer. It’s written into my contract with the supermarket that when my input costs go up the price paid to me will as well. Wages are our 2nd highest cost. So the cost of you basic staples will be rising in the supermarkets.

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