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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask how much you think income tax will rise by?

900 replies

Wonderofwimbledon · 06/11/2025 20:33

We’re absolutely financially at our limit… I’m so incredibly stressed. An income tax rise will break us and we won’t be able to afford it. We won’t have money to eat.

What do you think it’ll be? I just want to curl up and cry- we can’t take anymore increases our bills , mortgage everything has increased we have no spare money at all

OP posts:
Thread gallery
39
Kitte321 · 10/11/2025 20:37

I can’t actually believe this. Is she taking the f**king piss? It’s enraging. Where is the personal accountability? She honestly thinks it’s acceptable to increase taxes on ‘working people’ (yes - that includes people earning over £45k), whilst with the same hand giving EVEN MORE away in benefits.
This government is all over the place. They bounce from disaster to catastrophe, flip-flopping in their desperation to appease their ideological back benchers.

socks1107 · 10/11/2025 22:34

Im dumbfounded that taxes are going up for ‘working ‘ people because the country needs money but we are increasing the benefits bill.

80smonster · 10/11/2025 22:59

Swiftie1878 · 07/11/2025 09:11

Not only that, when they put up Er’s NI (and dropped the threshold at the same time), schools were supposed to receive an additional ‘grant’ to cover the cost. Our school’s additional NI bill was only 84% covered, so they took money out of the schools budget without saying they were taking it out.

Absolute weasels.

BionicWomansAnkle · 11/11/2025 07:57

Unemployment up again https://www.theguardian.com/business/2025/nov/11/uk-unemployment-rises-budget-ons-jobs-hmrc

Chancellor about to increase taxes by a huge amount for the second time in two years. Public spending to increase possibly, but no signs of cutting back.

The last time this happened, the U.K. needed an IMF bailout within a year.

UK unemployment rises to 5%, the highest level in four years

ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrolls

https://www.theguardian.com/business/2025/nov/11/uk-unemployment-rises-budget-ons-jobs-hmrc

EasternStandard · 11/11/2025 08:02

BionicWomansAnkle · 11/11/2025 07:57

Unemployment up again https://www.theguardian.com/business/2025/nov/11/uk-unemployment-rises-budget-ons-jobs-hmrc

Chancellor about to increase taxes by a huge amount for the second time in two years. Public spending to increase possibly, but no signs of cutting back.

The last time this happened, the U.K. needed an IMF bailout within a year.

Edited

Predictable and depressing.

Alexandra2001 · 11/11/2025 08:11

BionicWomansAnkle · 11/11/2025 07:57

Unemployment up again https://www.theguardian.com/business/2025/nov/11/uk-unemployment-rises-budget-ons-jobs-hmrc

Chancellor about to increase taxes by a huge amount for the second time in two years. Public spending to increase possibly, but no signs of cutting back.

The last time this happened, the U.K. needed an IMF bailout within a year.

Edited

So higher under the Tories? it peaked to over 8% under the Cons... but of course this will ALWAYS be due to external factors.... 😂

AI has always been predicted to cut employment.

Eurozone and US unemployment rates also increasing, 6% and 4.3% respectively.

EasternStandard · 11/11/2025 08:15

There can’t be anyone left in labour still crying laughing.

One or two on mn maybe. The mood is not looking good for Labour.

jan2310 · 11/11/2025 08:17

I’m almost 60. I have a private pension, it’s not as much as I want it to be and I fully intended to carry on working until at least 65. If she increases the benefits bill and raises taxes I’ve decided I will give up work and start taking my pension. I don’t have a massive income but I am a higher rate taxpayer. Not only will my tax revenue be lost but I will have much less disposable income so I won’t be spending much on meals out, hairdressers etc. That’s just me, but I know several people of a similar age thinking the same. I also have some wealthy friends who have had enough and are moving overseas.
Many taxpayers have simply had enough of being asked to pay more for less.

Alexandra2001 · 11/11/2025 08:22

EasternStandard · 11/11/2025 08:15

There can’t be anyone left in labour still crying laughing.

One or two on mn maybe. The mood is not looking good for Labour.

You keep saying this, over and over again, it seems to be your standard response, without adding anything to the debate.

Unemployment rates were far higher under the Tories, pre Covid and pre Ukraine.
AI will and is cutting jobs.

Both these are true.

Labours mood or who is on MN is irrelevant to any normal person.

EasternStandard · 11/11/2025 08:26

Meh I have no desire to engage but those laughing emojis will be circling the drain.

Alexandra2001 · 11/11/2025 08:27

Meh??? 😂😂

Don't want to engage, then stop replying to me, even without the quote....

EasternStandard · 11/11/2025 08:30

Take your own advice there. Don't quote me.

All the emojis in the world ain’t going to help Labour.

BIossomtoes · 11/11/2025 08:31

jan2310 · 11/11/2025 08:17

I’m almost 60. I have a private pension, it’s not as much as I want it to be and I fully intended to carry on working until at least 65. If she increases the benefits bill and raises taxes I’ve decided I will give up work and start taking my pension. I don’t have a massive income but I am a higher rate taxpayer. Not only will my tax revenue be lost but I will have much less disposable income so I won’t be spending much on meals out, hairdressers etc. That’s just me, but I know several people of a similar age thinking the same. I also have some wealthy friends who have had enough and are moving overseas.
Many taxpayers have simply had enough of being asked to pay more for less.

With the greatest of respect that looks like cutting your nose off to spite your face.

BionicWomansAnkle · 11/11/2025 08:39

Alexandra2001 · 11/11/2025 08:22

You keep saying this, over and over again, it seems to be your standard response, without adding anything to the debate.

Unemployment rates were far higher under the Tories, pre Covid and pre Ukraine.
AI will and is cutting jobs.

Both these are true.

Labours mood or who is on MN is irrelevant to any normal person.

Edited

You’re obsessed with the Tories, it’s been explained time and time again to you that they’re not in power. Unemployment is up because of last years jobs tax, new massive amount of employment legislation and this budgets fear over what the lunatics will do next. Rachel will need more money again next year, there won’t be much room to tax ‘non working people’, businesses or school children anymore so the IMF is the next port of call.

EasternStandard · 11/11/2025 08:42

BionicWomansAnkle · 11/11/2025 08:39

You’re obsessed with the Tories, it’s been explained time and time again to you that they’re not in power. Unemployment is up because of last years jobs tax, new massive amount of employment legislation and this budgets fear over what the lunatics will do next. Rachel will need more money again next year, there won’t be much room to tax ‘non working people’, businesses or school children anymore so the IMF is the next port of call.

It’s probably even dawning on Reeves how dire it is due to that first budget and other anti growth policies. They don’t know why though or how to fix it.

Starmer is oblivious entirely.

Alexandra2001 · 11/11/2025 08:45

BionicWomansAnkle · 11/11/2025 08:39

You’re obsessed with the Tories, it’s been explained time and time again to you that they’re not in power. Unemployment is up because of last years jobs tax, new massive amount of employment legislation and this budgets fear over what the lunatics will do next. Rachel will need more money again next year, there won’t be much room to tax ‘non working people’, businesses or school children anymore so the IMF is the next port of call.

I don't give a flying fuck what you think or what you "explain"

You believe unemployment is up because of Labour, i don't, Reeves isn't chancellor in EU, USA, Australia??

Yet growth is up, one of the highest in the G7, how is this so? oh its down to the policies of the previous Govt......

AI is changing everything in the work place, its been explained to you enough times.

You are just obsessed with blaming Labour for everything & even more fixated on the IMF, maybe you re getting confused with Ethan Hunt?

Lkjjr · 11/11/2025 08:46

BionicWomansAnkle · 11/11/2025 07:57

Unemployment up again https://www.theguardian.com/business/2025/nov/11/uk-unemployment-rises-budget-ons-jobs-hmrc

Chancellor about to increase taxes by a huge amount for the second time in two years. Public spending to increase possibly, but no signs of cutting back.

The last time this happened, the U.K. needed an IMF bailout within a year.

Edited

Would this had happened had we stayed with the conservatives?

BloominNora · 11/11/2025 08:55

BionicWomansAnkle · 10/11/2025 13:54

Relative to the last 14 months it was a huge success and that was with Brexit and a global pandemic that shut down the economy for months on end.
The only positive of Labour having such a large majority is that everybody can now see what happens under their ideology and they literally have no-one else to blame for the consequences (although Rachel had a good go).

What was a huge success about it specifically?

Was it the wonderful reports of crumbling school buildings thanks to lack of infrastructure development after the cancellation of 'Building schools for the future'.

Was it the real terms reduction in education funding per pupil which fell by 2% between 2015 and 2020 and which has increased by 5% since labour came to power and 8% on 2015.

Perhaps it was the increasing NHS waiting lists and depletion of services that took us from having one of best services in terms of timeliness and access to care to one that was far less equitable

Waiting lists that the last Labour government decreased massively but which the Tories increased right back up again due to lack of funding, and which are thankfully starting to come down again now.

Maybe it was the decimation of youth services and reduction in community policing which have led to an increase in knife crime and mental health issues.

Or perhaps the defunding of children's centres and Sure Start that has resulted in worse outcomes for children.

Maybe it was the low growth and increasing tax burden that you were a fan of?

School funding statistics, Financial year 2024-25

School funding data for England, including trends in funding over time since 2010-11 and funding allocations of individual primary and secondary schools.

https://explore-education-statistics.service.gov.uk/find-statistics/school-funding-statistics/2024-25

BionicWomansAnkle · 11/11/2025 08:58

Alexandra2001 · 11/11/2025 08:45

I don't give a flying fuck what you think or what you "explain"

You believe unemployment is up because of Labour, i don't, Reeves isn't chancellor in EU, USA, Australia??

Yet growth is up, one of the highest in the G7, how is this so? oh its down to the policies of the previous Govt......

AI is changing everything in the work place, its been explained to you enough times.

You are just obsessed with blaming Labour for everything & even more fixated on the IMF, maybe you re getting confused with Ethan Hunt?

Edited

Unemployment is up because of Labour, are you really arguing it isn’t? What policies would you put in place if you wanted unemployment to go up? Make it more expensive to employ someone?make it expensive to dismiss poor performers?make employment law more complicated? Remove incentives for people to go for higher paid jobs or start a business? Would you agree these would be excellent places to start? It’s this inability to grasp even the most basic economic principles as long as people get their freebies which is such a massive issue.
All the swearing, personal insults and not accepting Tories aren’t in power is not going to change reality I’m afraid.

EasternStandard · 11/11/2025 09:02

BionicWomansAnkle · 11/11/2025 08:58

Unemployment is up because of Labour, are you really arguing it isn’t? What policies would you put in place if you wanted unemployment to go up? Make it more expensive to employ someone?make it expensive to dismiss poor performers?make employment law more complicated? Remove incentives for people to go for higher paid jobs or start a business? Would you agree these would be excellent places to start? It’s this inability to grasp even the most basic economic principles as long as people get their freebies which is such a massive issue.
All the swearing, personal insults and not accepting Tories aren’t in power is not going to change reality I’m afraid.

Agree.

BionicWomansAnkle · 11/11/2025 09:03

BloominNora · 11/11/2025 08:55

What was a huge success about it specifically?

Was it the wonderful reports of crumbling school buildings thanks to lack of infrastructure development after the cancellation of 'Building schools for the future'.

Was it the real terms reduction in education funding per pupil which fell by 2% between 2015 and 2020 and which has increased by 5% since labour came to power and 8% on 2015.

Perhaps it was the increasing NHS waiting lists and depletion of services that took us from having one of best services in terms of timeliness and access to care to one that was far less equitable

Waiting lists that the last Labour government decreased massively but which the Tories increased right back up again due to lack of funding, and which are thankfully starting to come down again now.

Maybe it was the decimation of youth services and reduction in community policing which have led to an increase in knife crime and mental health issues.

Or perhaps the defunding of children's centres and Sure Start that has resulted in worse outcomes for children.

Maybe it was the low growth and increasing tax burden that you were a fan of?

The huge success relative to the last 14 months, as was written in the post. If you’re not engaging with what I write in good faith, then you’re really just making up stuff and then arguing against it.

Lkjjr · 11/11/2025 09:05

BloominNora · 11/11/2025 08:55

What was a huge success about it specifically?

Was it the wonderful reports of crumbling school buildings thanks to lack of infrastructure development after the cancellation of 'Building schools for the future'.

Was it the real terms reduction in education funding per pupil which fell by 2% between 2015 and 2020 and which has increased by 5% since labour came to power and 8% on 2015.

Perhaps it was the increasing NHS waiting lists and depletion of services that took us from having one of best services in terms of timeliness and access to care to one that was far less equitable

Waiting lists that the last Labour government decreased massively but which the Tories increased right back up again due to lack of funding, and which are thankfully starting to come down again now.

Maybe it was the decimation of youth services and reduction in community policing which have led to an increase in knife crime and mental health issues.

Or perhaps the defunding of children's centres and Sure Start that has resulted in worse outcomes for children.

Maybe it was the low growth and increasing tax burden that you were a fan of?

Didn't the last labour government bankrupt the NHS with PFI. So yeah things were good and they got money into it, but it was incredibly expensive?

EasternStandard · 11/11/2025 09:10

BloominNora · 11/11/2025 08:55

What was a huge success about it specifically?

Was it the wonderful reports of crumbling school buildings thanks to lack of infrastructure development after the cancellation of 'Building schools for the future'.

Was it the real terms reduction in education funding per pupil which fell by 2% between 2015 and 2020 and which has increased by 5% since labour came to power and 8% on 2015.

Perhaps it was the increasing NHS waiting lists and depletion of services that took us from having one of best services in terms of timeliness and access to care to one that was far less equitable

Waiting lists that the last Labour government decreased massively but which the Tories increased right back up again due to lack of funding, and which are thankfully starting to come down again now.

Maybe it was the decimation of youth services and reduction in community policing which have led to an increase in knife crime and mental health issues.

Or perhaps the defunding of children's centres and Sure Start that has resulted in worse outcomes for children.

Maybe it was the low growth and increasing tax burden that you were a fan of?

I think the pp meant the current gov which is more relevant.

Alexandra2001 · 11/11/2025 09:12

BionicWomansAnkle · 11/11/2025 08:58

Unemployment is up because of Labour, are you really arguing it isn’t? What policies would you put in place if you wanted unemployment to go up? Make it more expensive to employ someone?make it expensive to dismiss poor performers?make employment law more complicated? Remove incentives for people to go for higher paid jobs or start a business? Would you agree these would be excellent places to start? It’s this inability to grasp even the most basic economic principles as long as people get their freebies which is such a massive issue.
All the swearing, personal insults and not accepting Tories aren’t in power is not going to change reality I’m afraid.

So why is unemployment up across the developed world? any ideas? do you think the Tariffs issue plays a part? nothing to do with AI ?

A regular anti Labour poster on here, said AI would devastate employment, yet when is starts to happen, its suddenly all Labours fault..... do you not see the inconsistencies?

You re just fixated on blaming Labour for everything & thats what makes you and some others less serious, ignoring the past, with "Labour are in now"

I'll blame Labour when they mess up or don't do as promised, so far they ve failed on dentistry, energy, their fishing deal, just as i would praise the Cons for things they have done during their 14 years eg on gay rights.

In the three months to August 2025, there were approximately 34.22 million people in work in the UK, aged 16 and over, with an employment rate of 75.1% for those aged 16 to 64. The number of people employed increased by 91,000 from the previous quarter

So not all bad news.

Aside, FTSE at record highs, great news for our pensions and uk companies.