But what qualifies as craft, I mean most of the "craft" beer brands in the UK are owned by the big drinks conglomerates now. I hope this is defined properly.
Draft not Craft
Oh right, meh not sure that's going to make a huge difference, what is that 10p off a pint?
But what qualifies as craft, I mean most of the "craft" beer brands in the UK are owned by the big drinks conglomerates now. I hope this is defined properly.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
She is not a bitch.
I’ve been extremely supportive and kind to you over many months, as I know you’ve had issues yourself especially around the impact of the private schools change. And I emphasise with you.
Also, for all you post, I genuinely do not think you are a bad guy. So I really hope this is just a temporary lapse. We may not agree politically in any way but I’ve got no personal issues with you.
But please do not take it out on me. I will hope you will apologise.
Committed to increase thresholds on income tax from 2028-9. Wonder if that will survive contact with reality.
Do you mean waiting that long or that the increase will finally come?
It's a very long freeze otherwise and it's not so much jam tomorrow as jam next decade. She seemed very pleased with herself at the announcement. I don't think the public will be so thankful, and nor do the politics make much sense given that the increases in the allowance will barely be felt by the next election (and are only the end to a tax increase anyway; it's not a cut).
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
She is not a bitch.
I’ve been extremely supportive and kind to you over many months, as I know you’ve had issues yourself especially around the impact of the private schools change. And I emphasise with you.
But please do not take it out on me. I will hope you will apologise.
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
She is not a bitch.
I’ve been extremely supportive and kind to you over many months, as I know you’ve had issues yourself especially around the impact of the private schools change. And I emphasise with you.
But please do not take it out on me. I will hope you will apologise.
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
She is not a bitch.
I’ve been extremely supportive and kind to you over many months, as I know you’ve had issues yourself especially around the impact of the private schools change. And I emphasise with you.
But please do not take it out on me. I will hope you will apologise.
Don't flag me then and be a twat
I don’t agree with the language you used. I stand by that.
I would hope you will apologise to me when you are ready. I am happy to forgive what you’ve said.
As above, I’ve got no personal issues with you. I think deep down you are probably decent and kind.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
Fuel duty was surely an easy one, price at the pump is down from highs, hasn't risen for forever.
Bit weird bus wankers have got hammered, but not drivers.
Bad decision. Really don't understand that one
Pure politics but understandable. If people have to pay more to fuel their car there's a risk they'll turn to far right demagoguery.
She didn't need to freeze the duty though. A more modest rise than that planned could still be played as a 'cut' and fuel rates are pretty low at the moment - a 3p/ltr rise (say) is only bouncing the price around the levels it's been at for much of the last month, and much lower than it's been across most of the last 3 years.
I can confidently predict now that the private schools taxes won’t raise £9BN
The heavily biased report written by best man of a Labour minister said they might get £1bn from the VAT....better to pencil it in as bugger all extra revenue raised, especially after the really big rich private school get their accountants on what they can claim back.
Its all red meat left wing politics, not economics.
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
Grow up, incel
Have more sex than you'll have in a million years mate, you sad Lefty twat
The funny thing about this forum is that you tend imagine the posters look like their human avatars. I used to think you looked like the side of a cow but now you're a moustachioed sex god.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
Looks like I'll have to stock up on my £1 vape juice before October 2026. Sigh
Worse for me. I do disposables which are to be banned.
Still, can't argue with it. No brainer really.
Manufacturers are getting round it by making those ones that have a few extra tanks so are technically refillable even though you dispose of them after that. Disposables are very convenient but I feel terrible about myself for using them.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
I am sure we were told the government was uniquely focused upon growth, growth, growth....
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
Ah! But it’ll be the business’ fault, not the government’s. That’s the calculation anyway. Grossly political but then we are now well versed in grossly political budgets.
The current 75% discount to business rates - due to expire in April 2025 - will be replaced by a discount of 40% - up to a maximum discount of £110k. It still means that many businesses will see their business rates nearly double....
The current 75% discount to business rates - due to expire in April 2025 - will be replaced by a discount of 40% - up to a maximum discount of £110k. It still means that many businesses will see their business rates nearly double....
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
Not necessarily regarding business investment: this increases the cost of labour and so may push companies to invest in capital that reduces the number of employees needed.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
Ah! But it’ll be the business’ fault, not the government’s. That’s the calculation anyway. Grossly political but then we are now well versed in grossly political budgets.
The government will definitely get the blame when unemployment starts to go up. The bigger issue here is that this hurts hiring at the bottom of the pay scale where the extra £600 is a much larger proportion of the overall package so it's lower skilled workers who will now end up on the dole or live without pay rises for 3-4 years.
Looks like I'll have to stock up on my £1 vape juice before October 2026. Sigh
Worse for me. I do disposables which are to be banned.
Still, can't argue with it. No brainer really.
Manufacturers are getting round it by making those ones that have a few extra tanks so are technically refillable even though you dispose of them after that. Disposables are very convenient but I feel terrible about myself for using them.
Yes me too. I'm happy to lose the right to make that bad choice.
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
Grow up, incel
Have more sex than you'll have in a million years mate, you sad Lefty twat
The funny thing about this forum is that you tend imagine the posters look like their human avatars. I used to think you looked like the side of a cow but now you're a moustachioed sex god.
There are certain posters on PB who claim to be professionals and managers of people. Yet the side of their natures they expose online appear utterly unprofessional and give the impression they would be terrible managers of people.
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
Grow up, incel
Have more sex than you'll have in a million years mate, you sad Lefty twat
The funny thing about this forum is that you tend imagine the posters look like their human avatars. I used to think you looked like the side of a cow but now you're a moustachioed sex god.
I Can assure you I look nothing like Denise Welch.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
Not necessarily regarding business investment: this increases the cost of labour and so may push companies to invest in capital that reduces the number of employees needed.
Or, at the margins, increase prices.
Yes, I guess we will see more self checkouts and robot shelf filling in supermarkets.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
Ah! But it’ll be the business’ fault, not the government’s. That’s the calculation anyway. Grossly political but then we are now well versed in grossly political budgets.
The government will definitely get the blame when unemployment starts to go up. The bigger issue here is that this hurts hiring at the bottom of the pay scale where the extra £600 is a much larger proportion of the overall package so it's lower skilled workers who will now end up on the dole or live without pay rises for 3-4 years.
There will be a lot of companies where expanding beyond say 3 employees no longer makes any sense...
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
With respect to the likes of Tesco, its about time that they pay more and get subsidised less.
Thresholds frozen to 2030 Inherited pensions in by 2027 Agricultural and business property in scope
Farming sector, destroyed.
It is a terribly low wage, low productivity sector that gobbles subsidies and uses labour and capital inefficiently.
So good.
Siri, show me how I can increase food inflation long term.
Surely food inflation (in terms of the raw materials) is driven primarily by international commodity markets?
I mean, there are perfectly valid reasons why you might want to help the UK farming sector, but inflationary risk if you don't isn't really one of them.
Prisons are full and the criminals courts are facing backlogs that mean defendants, witnesses, and victims are having to wait up to several years before giving evidence. The criminal justice system is in crisis.
A 2% cut across all government departments will be unwelcome news to the Ministry of Justice as it faces numerous challenges. It's promised to sort prisons out and has released thousands of offenders early to ease the pressure on the system. But it’s also committed to more jails and creating an extra fourteen thousand new places.
VAT on private schools from 1st Jan 2025 confirmed and to remove business rate relief
Bitch
I’ve flagged this. Just totally unnecessary language.
Totally necessary. She is a bitch.
And you are a sad fuckwit.
Grow up, incel
Have more sex than you'll have in a million years mate, you sad Lefty twat
The funny thing about this forum is that you tend imagine the posters look like their human avatars. I used to think you looked like the side of a cow but now you're a moustachioed sex god.
There are certain posters on PB who claim to be professionals and managers of people. Yet the side of their natures they expose online appear utterly unprofessional and give the impression they would be terrible managers of people.
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
You are not wrong. And of course every expert saying “it brings in XX billion” is based on predictions for growth - that would be a prediction about 1.1% for 2025? Less than 1.1 and lot less tax coming in, and unbalanced budget.
Taxes are set, growth decides the income, and how many growth predictions prove all that accurate? For example, every expert you hear in next 3 days saying it brings in xx because growth in 25 will be x.x and 26 x.x etc etc, is that factoring in Tariff Trumps victory, or factoring out Tarif Trumps victory? Two very different growth figures.
Whatever side of the argument, or from economist, journalist or politician, what they will pass off as fact, is actually guesswork on unknown unknowns.
It's about the only sane thing she's done. It's horribly inflationary, and increasingly regressive as the well off drive EVs and pay nothing, whilst normals, particularly at the poorer end drive Ice and will be doing so for at least another ten years (average age of cars on my working class street is about the 10 year mark).
Still not convinced this is all adding up….. but difficult to say at this point
Beeb are saying that the reduction in employer NI threshold raises £25 billion. (It's 15% on another £4000 of pay, so that's about £600 per worker, which is a hefty slice of the amount needed.)
True, but there’s a lot of heavy lifting in the small print, it feels to me. I may be wrong…
For Tesco that's about £200m in NI just for that plus the increase in Employer's NI. Anyone who thinks this won't hit business investment and pay growth is kidding themselves. Two of the most reliable ways to increase GDP - business investment and real terms pay rises - are now off the table for at least 3-4 years while business recover the money elsewhere in the P&L.
With respect to the likes of Tesco, its about time that they pay more and get subsidised less.
Maybe, but this will only serve to hurt the actual employees who will have to live with 3-4 years of no pay growth and it also means that without the pay growth lower paid employees will still need in working benefit top ups.
Comments
Bitch
Smoke and mirrors budget
And you are a sad fuckwit.
I’ve been extremely supportive and kind to you over many months, as I know you’ve had issues yourself especially around the impact of the private schools change. And I emphasise with you.
Also, for all you post, I genuinely do not think you are a bad guy. So I really hope this is just a temporary lapse. We may not agree politically in any way but I’ve got no personal issues with you.
But please do not take it out on me. I will hope you will apologise.
Still, can't argue with it. No brainer really.
It's a very long freeze otherwise and it's not so much jam tomorrow as jam next decade. She seemed very pleased with herself at the announcement. I don't think the public will be so thankful, and nor do the politics make much sense given that the increases in the allowance will barely be felt by the next election (and are only the end to a tax increase anyway; it's not a cut).
Give over with the ungallant language, it’s unlike you.
I don't have skin in the game on this one, but it appears financial fantasy stuff.
I would hope you will apologise to me when you are ready. I am happy to forgive what you’ve said.
As above, I’ve got no personal issues with you. I think deep down you are probably decent and kind.
With this kind of misogyny, I'm delighted that she has put VAT on school fees.
So good.
Its all red meat left wing politics, not economics.
Mind you, the look you get on peoples faces when you start to explain the consequences of non-linearity. The kingdom of Saturn and all that.
So same again, next year....going to be lube shortages.
Or, at the margins, increase prices.
I reckon it is still going to feel like it to many who voted Labour expecting, er, no return to austerity.
No return to prosperity looks nailed on.
Whereas PB lawyers tend to be more... lawyerly.
Bad news: Finding out how little I earned last year is emasculating.
This year looks better, though.
I mean, there are perfectly valid reasons why you might want to help the UK farming sector, but inflationary risk if you don't isn't really one of them.
Prisons are full and the criminals courts are facing backlogs that mean defendants, witnesses, and victims are having to wait up to several years before giving evidence. The criminal justice system is in crisis.
A 2% cut across all government departments will be unwelcome news to the Ministry of Justice as it faces numerous challenges. It's promised to sort prisons out and has released thousands of offenders early to ease the pressure on the system. But it’s also committed to more jails and creating an extra fourteen thousand new places.
Taxes are set, growth decides the income, and how many growth predictions prove all that accurate? For example, every expert you hear in next 3 days saying it brings in xx because growth in 25 will be x.x and 26 x.x etc etc, is that factoring in Tariff Trumps victory, or factoring out Tarif Trumps victory? Two very different growth figures.
Whatever side of the argument, or from economist, journalist or politician, what they will pass off as fact, is actually guesswork on unknown unknowns.