Autumn Budget

[OccultOctopus]

Key points so far:

• Upper tax threshold dropped from £150k to £125k
• Other tax thresholds frozen until 2028
• Windfall tax on energy firms to go up to 35%
• Electric cars will have to pay VED from 2025
• Review of a further pension age rise brought forward
• More people on UC to be given 'support coaches' to help them find work
• Spending squeeze on all depts except health

There are people with disabilities who can walk and move around. Should they get less? It is not helpful to compare.

Real Household Disposable Income per person to fall more than 7% over next two years. Biggest fall on record.

but Corbyn

You can consider me Tory all along if you want to but I’m actually not and was more Labour inclined in the past until the party took Corbyn seriously. He was never going to win a general election as his views are too extreme, so making him leader was really a gift to the Conservative party.
Now Labour have Starmer as leader they have a chance of winning the next election. But the Sunak/Hunt partnership also seems to have much broader appeal than Boris.
If they continue in the same way demonstrating “the acceptable face of Conservatism” they could be a challenge to the Labour Party and I don’t think that’s a particularly minority view.

I think Sunak’s rating is quite good, he polls well against Starmer, but the overall party has some way to go. Which I suppose makes sense

Can I ask if there's any help towards the energy bills ? I can't see anything but the news mentioned we would receive help.

Kind of. There is help, but less help than there is right now.

Right now the energy cap means the average home pays no more than £2500 for their energy (if they use the average amount of energy). The gov pays the rest.

From April 23 that cap means the average household bill will go up to £3000.

What that effectively means is that energy bills can be expected to go up by about 20%.

Exactly, pensions are subject to income tax. Both my parents pay tax on their private pensions whilst undertaking volunteering work in the community and helping my brother and I with childcare so that we can work (and pay tax). Wish people would stop writing them of as some sort of drain on society...

Worth noting also...

"From April, some groups will receive cash payments to help with energy costs:
£900 to households on means-tested benefits
£300 for pensioner households
£150 to people on certain disability benefits"

@OccultOctopus Thanks for that. Next year is going to be tough, really tough.

Real Household Disposable Income per person to fall more than 7% over next two years. Biggest fall on record.

And how will that effect this 'Growth' we keep hearing the Conservatives are so keen on ? Disposable income is what keeps the economy going ? All those small/medium businesses need people to have some spare cash in their pockets ?
People are going to be dealing with energy cost increases, council tax increases, rent and mortgage increases, loan and other finance increases, food inflation increases of 14%, fuel tax increases etc. Which equates to not a lot of spare cash sloshing around in the economy.
Those on the highest wages are not going to be spending in the geographical areas that need it, or not often enough to make a difference to the economy.

Well get you….aren’t you fucking marvellous🙄

Constructive.

He's been told he will be better off working part-time. It doesn't make sense and he wouldn't have anything to do most day.

Sal

It’s a fascinating insight into people’s thought processes.

“what about the poor, disabled and vulnerable?”

<budget dishes out>

“yeh but no but yeh but no but”

😂

Yup this on spades as BOTH of my siblings do this and absolutely have not worked an hour more than 16 hours. It's not the neighbours next doors aunt , it's both my only siblings. Not one hour more not even taken in lieu

I'm disabled and bed bound. Prior to this, I worked 7 days a week, and paid a small fortune in tax and NI.

Do I now deserve to live in abject poverty, with neither dignity nor quality of life, because I was unfortunate enough to be operated on by a fucking incompetent surgeon?

For your information, 10.1% of not very much equals fuck all. You're exactly the sort who would bleat non stop you weren't getting "what you were entitled" to if it were you.

Not that your opinion is worth anything of course....

@OnlyOpenMouthToChangeFeet You can't work, end off. I thinks it's aimed at the people who are fully able to work yet can't be arsed.

I didn’t include the disabled in that fgs. As you probably know. I’m talking about people who choose not to work as a lifestyle choice. There was a time when people were sanctioned if they didn’t prove they were looking for work, but since covid that’s dropped off, and people are just sat on their arses claiming job seekers who have no intention of looking for work, and nothing is done about it.

There was a time when people were sanctioned if they didn’t prove they were looking for work, but since covid that’s dropped off, and people are just sat on their arses claiming job seekers who have no intention of looking for work, and nothing is done about it.

Do you have any figures to prove this ? The number of people who are claiming UC who are deemed to have no work requirements is 1.7 million.

assets.publishing.service.gov.uk/government/uploads/system/uploads/image_data/file/159327/Figure_6.SVG

But the Sunak/Hunt partnership also seems to have much broader appeal than Boris. Not so far, the Tories are still 20+ points behind Labour and both Sunak's and Hunt's personal ratings are lower than Starmer's. It'll be interesting to see how this budget impacts. I am not sure who the winners are other than wealthier pensioners. Those on benefits are not winners, because the cost of living rise is going to wipe out the increase in benefits/pensions.

. never sat around taking handouts of any sorts. And, I still pay tax

so you never took child benefit or married person allowence?

Exactly. This is bonkers. Also, if they stopped this then we might not have such a problem in filling job vacancies.

Noone has ever said those who cannot work for health reasons dont deserve it. Why do people like y always automatically assume that. As typical on here its about those people who don't work because they are being lazy or don't want to not cos they cannot for a legitimate reason.

Only today a mn started a thread asking if they should game the system by working few hrs less to claim benefits. I mean ffs its ppl like this and you should be angry at ppl like this too. Becauze maybe you would get even more if there was more to give instead of spreading the money wider.

The fact they gave absolute amounts for those things answers your question unfortunately.