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

For the person saying work til 4 - well then there’s still physically getting to the school to collect your child, (anything from five mins to an hours commute) and the child would still need childcare of some sort as they finish at 3.20 at the latest. If I was a childminder in an area where demand was high (as so many are) I’m afraid I would go with the parent who could pay me til six, not the one who wanted to pay me til four and take up a space. So the parents with this utopian 4pm finish job wouldn’t have any less of the issues that a full time job incurs now.

At this stage, I just work to be in the warm for 35 hours a week with free tea and coffee!

Many office jobs will allow 9-4 with half an hour break for lunch. Many employers will be flexible whilst employees have children in primary school. My DD's employer, accountancy firm, allows 9-4 and half an hour lunch. The employer she worked for before did too. Under the parent friendly policies and flexible working.

I hope my poor wording does not offend anybody here. Benefits is no way of life is it? However it's a reality for some and before all the changes and UC it was seemed it was easier to live on them. I work amongst professionals such as surgeons and they have come from a certain life life, they have had a good support network, career guidance from their parents and a stable childhood. The surgeons parents often had good jobs too... so it's a much deeper issue than just finding a 9-4 job.

Your damn right you have no idea and before you assume my childcare costs £40 per day £200 per week! Guess what the government won't pay £800 a month in childcare costs because its not viable for them or the working party on a low wage. We can't all just get an office job life isn't so simple.

I work 4 days in the week, DS school has no after school club it finishes at 16.15. I also have another work another part time job on weekends to make extra money and weekends pay a lot more. However I can only do this because DS dad has him EOW.

Your very ignorant if you can't see how someone isn't willing to work 40 hours a week when they can earn similar working 25 with UC top ups. Its a poverty trap.

Also UC want childcare paid upfront and then you wait 4 or more weeks to claim it back. Its not easy.

I've worked in a hospital for the last 10 years. I personally don't think I have any skills to work in an office job.

You live in another world.

Where are these super flexible jobs for the huge number people without suitable office skills? indeed, where are these office jobs in the first place???

There may well be 1.2m job vacancies but they are either at the high end or mostly in ware housing, hgv and care work... none of which offer child friendly hours & will require transport.

@walkinginsunshinekat agree that poster clearly doesn't have young kids anymore. Absolutely clueless.

I think people without young kids have lost sight of how unavailable and expensive childcare is. I’m lucky enough to have one of those flexible employers and a school with wraparound care which my DD has a place at a couple of days a week. My work asked if I wanted to increase my hours so I looked at getting more days at wraparound. There are 30 people ahead of me on the waiting list. Thirty. No local childminders with places. I can’t increase my hours and this is with an employer who both lets me choose which hours I work and lets me work from home part of the week.

Does anyone know when the payments will start going to each sector? E.g. education is getting an extra £2 billion per year, do they get those payments from January? April?

There won’t be specific payments, it will just be incorporated into their budgets. As and when is anyone guess

Yup, 40% are in employment, another % (unsure) on people with disabilities etc, they just say things liek that to fed into the people that believe people on benefits are scroungers who refuse to work, instead of being angry at the gov for their ridiculous minimum wage and us the taxpayer subsidising these employers

That useless, someone has to do the lower paid jobs so there will always be people who need additional support, if they upped the minimum wage to something people can actually live on they would save billions in benefits but ya know how the tories like to look after their mated bank accounts

Someone has to do low paid jobs and they will always need additional support so it's just blowing smoke up the ass of their voters who believe benefits are given to folk refusing to work 🙄

What utter rubbish!!! They did an investigation few years back and it came back saying 0.5% of claimants were playing the system. Maybe be angry at the paltry minimum wage that people can't live on and ask why we the people and picking up employers tab by having to subsidis the wages they pay

I don't understand how they can justify increasing benefits by 10.1% while private sector pay increases are way behind and public sector pay will rise just 2%

I think they tried to go lower but it’s political dynamite. The outrage is so high if benefits don’t match inflation.

The other option was matching wage increase but the back lash is too high. You can see it on here it just runs and runs if it doesn’t match inflation.

I think it should match average wage increase

Pointless, as they would just claim more in working benefits.

Odd why people think the very poorest should help out after a pair multi millionaires fucked the economy, £30bn of the 55bn black hole is because of Truss's budget.

The Tories have signed their electoral defeat with this budget, the people just above being able to claim UC etc will be paying for most of this, whilst the very rich actually gain - reversal of NI rises more than compensate for TH changes.

oh and don't forget 12p per litre going on fuel next spring, along with a 50% increase in household energy, as we wont be getting the £400 next year, so 2.1k to 3k.

Been trying to divest the budget last few days and what it means for us.

I have 4 kids 3 in senior school so 3 take care of themselves and make their own way to and from school.
Although the local bus company has just increased weekly and monthly bus pass them to get to school they all under 18 so compulsory education.
My smallest is reception I work 10 to 2 1 day which is my half day I leave house around 8 and schools starts 8 45 to 3.
Means I don't have pay breakfast club.
But my full days 105 means I pay afterschool club as you have to pay 36 to secure a place and school holidays I pay 20 quid a day for holiday club which is 8_6 you can't pay for half days or shorter hours like day nursery.
By time I walk to after school club as can only afford run 1 car and walk home I'm usually leave house at 8 and get home around 6.30 on my my 3 full days.
I have no family locally to help me and husband juggle he works weekends I don't.

Growing up my mam had various part time work when married and single parents.
Grandparents or aunt's would step in she did ironing, cleaning, bar work.
Shes horrified cost childcare.
She used help my sister with her 1 child out whilst she worked but now sister has 2 kids she's a stay at home mum.

No mention of childcare In the budget.
I think the child benefit is rising April hard to tell but Google seems think will.
However in jan I will have pay 40% child benefit back around £1200 because husbands Income exceeded 50k for 1st time ever due to lcokdowns closure of non essential retail increased demands and sales as non essential reopen April 2021 so whole the year of inflated sales.
No idea If we exceed the next year as recession means people spend less on homes and non essential.

My salary is the opposite end of spectrum.
Just above my wage living wage £9.90 per hour currently I pay no tax.
But rising minimum wage and threshold being frozen at 12500 means I will be 1k over and paying 1 k of tax on income from April no ide how much this equates to as value a few hundred no doubt.

Locally I expect my useless money wasting mayor to increase council tax by 5% whilst cutting services.
Least we band b I suppose £174 over 10months.
Hes also bringing in clean air zone which means 9 quid every time our only car goes to centre where kids school are and hospitals 9 quid.
Can't afford to replace the car and grant to help is capped at 26 k income and we above so no help to us.
Mechanic said cars near end of life anyway so may need to replace 2023 or 2024.
First bus have increased kids bus passes.
Cut loads of routes.
Now cut 1400 buses to April as they short on drivers.
Mayor still keen invest in Bristol underground which will probably never happen.

I still don't think most of general public don't undersold the energy cap.
They think £2500 when I'm paying over 3k a year now £370 month now dual fuel octopus that's with 66 quid reduction thr 400 sunack gave us.
Dread to think what it is in April.
If caps £3000 will my energy be more like 4k.
Is cap frozen for 6months as dident ofgem want to go from 6months reviews to 3 months?

Dec 2023 our 5 year fixed mortgage ends that could double.
No idea where they think people find the money.
Sure the mini wage rise means extra £100 month for Mr but paying more tax.
Assume extra 26 quid child benefit per month it won't cover the rises.

Food is forever going up as much I try and batch cook and shop around its really high right now we family of 6 plus dog.
Had no holiday this year.
Doubtful we have one next year.
I estimate by end of 2023 increased costs, tax, council tax, etc energy/ mortgage increase / petrol will cost least £1k extra per month. 🙄
Wondering if husband may have to get a 2nd job on his day off.
Which is bonkers as he earns between 45 and 50k a year.
We lucky we have smaller mortgage but 19 years left to pay and I have my 25hours which is keeping us afloat.

Just reminder in the red book it mentions 12p increase on fuel duty.
Is that per litre?
Hunt is saying we have to wait to spring statement find out about that.
Petrol always fluctuate no idea what it is right now as hubby has the car.

Another simple fact that dawned on me silly I know but some people seem really happy with the budget as feel there's something in it for them.
Why have they not raised the threshold lower paid earners higher than 12500 as minimum wage will drag more into paying the.
All those so relieved April is a long way off.
We have cost of xmas which is pared back this year but still a cost.
We have water bill and tax bill start of the year.
Jan and feb coldest months of the year so people may get shock how much they use especially if they got taken in my truss 2500 cap average bill con.
Food goes up every week and every month.

Even if they survive to April unscathed.
The increase in council tax/ food and other bills may wipe our the 10% pensioners and those on benefits got uplifted.
Most things go up april.

Free universal school meals would have been a real help many just about managing families as threshold free school meals is 7k.

The Tories keeping the pensioners happy. You know the people who vote them in. Give pensioners a pay rise so they think the Tories are good to them.

What will Labour do re pensioners?

tbh I hope I’m kept happy too when I reach that age. Although given demographics going to get harder.

I'm struggling to understand why a govt wouldn't try to do something for the demographic that reliably votes for them. A lot of the retired are already pissed off at all the U turns over the triple lock.

Sorry my pension is going to be a smidgen over £ 10k, Dave20.

I thought this budget was a masterclass in giving with the one hand and taking with the other (stealthily) and getting people pitched against each other in the race to the bottom. Apart of course large corporations and the very wealthy who both employ legal tax avoidance measures.

I'm a retired grandmother and thought it was ridiculous that there was absolutely nothing to address childcare, which is so expensive for working people with young children in nursery. And at the other end of the scale, kicking the can down the road on social care is absolutely false economy too. 5% on council tax affects those on moderate incomes and goes nowhere near the gaps in funding for local government with their responsibility for social care. The reason the government tiptoe around social care is because it's such a hot potato for their core voters, i.e. pensioners. There needs to be a wholesale reform, particularly making a career in social care better paid.

I absolutely understand why working people are so angry - nothing in it for them, just more pain paying for everyone else and a reduction in their living standards.
We do our bit to help our adult children with a couple of days a week childcare - but my daughter will be hit by the emissions thing coming in in Bristol, as well as all their other increases. Very depressing and anger making all round - I hope that this toxic government is absolutely in it's final two years, but somehow people always seem to vote them in.

I’m in local government but we have local negotiations. We are getting a nil pay rise. I could cry. I’m terrified as to how I will pay my bills, my energy has gone up 300% my council tax is going to go up 5% etc etc.

Yes no money for nurses, as that is "unrealistic" you know the people who end caring for pensioners but we have billions for the Tory faithful.

It works too, my in laws were going to vote LD but after this announcement will stick to who they have always voted for.

Likewise, cut in the 150k threshold is more than offset in changes to NI for this cohort.

I have no idea. I worry about the forgotten low earners like my family. Always too much to qualify for benefits but are a low wage family.
We don’t get anything to help us.