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Budget 2013: did you see it? What did you like/not like?

245 replies

SarahMumsnet · 20/03/2013 12:00

Morning everyone,

George Osborne will be standing up to give his 2013 Budget at 12.30pm today. With the UK experiencing its longest period of economic stagnation for a century, and the public squeezed between rising fuel costs rise, falling welfare payments and flat-lining wages, the country will be giving him its full attention. In terms of family finances it's possible that the most significant announcement for most of us has been made already: the government outlined its plans for the Tax-Free Childcare Scheme yesterday (read all about it here). But inevitably there'll be plenty more to come - look out for announcements on fuel tax, first time buyers and alcohol (dear to your hearts, we know ... )


Here's a link to the BBC's live stream; for those of you at work who can't see it, we'll post the key announcements as they happen; do tell us what they mean for you.

And for those looking for an at-a-glance rundown of what's been said, we're delighted to welcome back Mark Dampier, head of research at independent financial advisers Hargreaves and Lansdowne, who'll be sending us his bullet-point version of the Budget as soon as possible after Osborne sits down. And Will Hadwen, rights adviser at charity Working Families, which offers advice on advice on employment rights, benefits and tax credits for working parents, will be giving us a breakdown of what the Budget means from their point of view.

Off we go ...

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LadyMaryQuiteContrary · 20/03/2013 13:04

That'll be us paying for that then, SarahMumsnet!

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SarahMumsnet · 20/03/2013 13:05

Capital gains tax relief for sales of businesses to employees ...

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PainForLife · 20/03/2013 13:05

"tighter increase on spending" I think he just wants people to start dying.... a thought perhaps a tactic to control birth rate in UK Hmm

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SarahMumsnet · 20/03/2013 13:06

He wants Britain to be the place "where people raise money". Slip of the tongue, perhaps - or new economic plan? Grin

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SarahMumsnet · 20/03/2013 13:07

Sometimes I think it would be easier to raise money than to raise children . Less answering back ...

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LadyMaryQuiteContrary · 20/03/2013 13:07

Just bring back the workhouses. We all know that this is their master plan. Stick anyone infirm or jobless in there and leave them to die. It'll reduce the deficit and open up the housing stock. Less nurses will be needed to care for them so it's a win win for this bunch of fools. Angry

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SarahMumsnet · 20/03/2013 13:08

"Britain is open for business" apparently. Corporation tax to be reduced by a further 1%.

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SarahMumsnet · 20/03/2013 13:09

On to tax evasion. He's against it.

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LadyMaryQuiteContrary · 20/03/2013 13:10

Yeah, that's why they have been allowing the large corps to get away with it for so long. It's all talk and no action. Someone needs to pump some viagra into this lot.

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SarahMumsnet · 20/03/2013 13:10

he's unveiling a bunch of measures to bring in unpaid taxes - details available afterwards. There'll be naming and shaming of people who promote tax avoidance schemes.

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VictorTango · 20/03/2013 13:10

Unless his friends are the ones doing the avoidance I suspect

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shelley72 · 20/03/2013 13:11

Yes it's only the poor that they want to die. I think I am getting grumpy in my old age. ooh child care now

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SarahMumsnet · 20/03/2013 13:12

Reaction from elsewhere: Greenpeace already coming out against announcement on shale gas mining (fracking)

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LadyMaryQuiteContrary · 20/03/2013 13:13

The poor are a burden. Sad We should measure a society on how well they support their most vulnerable, not on how much of a burden they are. Wankers

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SarahMumsnet · 20/03/2013 13:13

Bringing forward intro of single tier pension to 2016.

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latebreakfast · 20/03/2013 13:13

Will he name and shame all those that "employ" their spouses as "researchers" in order to get extra tax allowances?

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SarahMumsnet · 20/03/2013 13:13

oops - beeb has flat-rate pension being brought forward to 2014 - my mistake

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Tortington · 20/03/2013 13:15

tax breaks for the oil industry ......the tories .........I can't believe it - never, it's not like them to make rich people richer at all

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LadyMaryQuiteContrary · 20/03/2013 13:15

The vulnerable won't make it until 2016, Sarah. People are dying daily due to ATOS and benefit cuts. Sad

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SarahMumsnet · 20/03/2013 13:15

Dammit! I was right the first time. 2016. Sheesh.

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Moominsarehippos · 20/03/2013 13:16

Single tier pension! But we'll all be working until we drop anyway.

I can't get my head around these Very Big Numbers. Can't they cut off several zeros? I can understand £350, but my brain can get around £3.5 billion.

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PetiteRaleuse · 20/03/2013 13:16

Why the obsession with buying own home? Isn't encouraging people to borrow more than they can afford to pay back the whole reason for the recession? In effect they will be 95% of property value combined mortgage/loans? Can someone clever explain why this is a good idea?

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landofsoapandglory · 20/03/2013 13:17

The home buying thing might help people I suppose.

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Moominsarehippos · 20/03/2013 13:18

Home buying caused all the shifting the US. Scramble to lend to people who couldn't pay back. Surely it's better to get more folk into stable employment first?

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SarahMumsnet · 20/03/2013 13:19

News on help-to-buy - £3.5bn of capital spending going into shared equity loans. Put down a 5% deposit from savings on a new-build home and gvt will loan a further 20%, interest free, repayable after three years.

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