Budget 2015 - what do you think?

[KateMumsnet]

Today at 12.30pm - and with only 50 days until the general election - chancellor George Osborne will deliver the last budget of this government. Amongst other things, he’s expected to announce an increase in the personal tax allowance, a reduction in the rate at which savings are taxed and, possibly, a move on inheritance tax. We'd love to know what you'd like to see emerge from his briefcase - and to hear what you think as he announces his measures.

I'd love to see zero hour contracts outlawed. But what the net effect of that? Some people will be taken on temp or part time permanent contracts, whereas lots of others will 'lose' their jobs. Hard to see if you can really lose a job that doesn't promise you a certain number of hours anyway, but the government will not want to suddenly see lots more jobless and therefore lots more signing on.

Fabulous so far - Ed Balls looks sick as a pig!!!

You can't deny these figures, Go George!

Highest rate of employment in British history.

Forgive me for going off-topic but I was supposed to be at Mumstock today in London. Missed out due to a banking screw-up on budget day (with added complication of train ticket screw up) means I am instead at home in my sweat pants and still feel like crying. Trying not to channel my inner Cinderella. National budget just makes it worse.
(I'm really just asking for sympathy.)

Cant comment as i would normally as mn is still being very frustrating on my ipad.

But if its all so hunky dorey why did almost 1 million people need food from trussell trust food banks last year?

Define need.

Rather a conflict with greenest government ever claims!!!

trussell trust figures self explanatory.

Invest in maths and science teachers and this will trickle into scientific research and manufacturing industries.

He has a quite a good sense of humour. I'm impressed!

No Arm the childcare help via tax credits is the same for lone parents and couples!!

Big difference between using food banks and needing food banks.

Zro hours contracts have their place. My cousin is at university and he's works well from both sides (hers and employers).

They need to be better regulated, but they do suit some people.

I'm quite impressed so far. Who knew Georgie is quite funny!

Badgers than makes no sense a NMW worker could just have themselves to support. A benefit claimant could also have three dc.

armchair tax credits have been cut, there isn't free childcare for lp's and the csa is being pulled apart so we will have to pay for it and be at risk from my abusive XP.

sorry you think lp's have it easy .

Im not going to engage with you armchair, i dont have the patience not to be rude today.

Curious to know how the tax return thing will work. I'm self employed so could make life easier if it works.

armchair yes, couples might get less by they have 2 salaries, 2 people who can juggle their annual leave, 2 potential extended families to help with childcare.

Armchair you can't just walk into a food bank and take food you do have to show a need.

The personal tax allowance is vital. Absolutely brilliant.

Also fab news to raise the 40% threshold to £50K . About time.

Agree with everything so far - Gerge is being awesome!

Yes, Why did labour leave the personal tax allowance at 6.5k I wonder. Although it was the coalition that reduced the HRT from 44 to 42k. They have said they will rectify this. We'll see.

Disappointed about them bringing down the pension lifetime allowance; I think that more people will therefore invest their savings in the buy-to-let housing market to produce a retirement income, inflating house prices again.

He's cut Class 2 NI for self-employed. How do I (as a low-earning SE) keep up my pension entitlement?
I suspect my "voluntary contributions" will go up...

Only caught the end of it. Removing (most) tax on savings makes sense, although that's only pennies for most people.