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What the public expects from the budget – politicalbetting.com

SystemSystem Posts: 12,808
edited 7:07AM in General
What the public expects from the budget – politicalbetting.com

Who do Britons think will be most impacted by the Budget?People on low incomes: 35%People on middle incomes: 37%People on high incomes: 8%yougov.co.uk/topics/polit…

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Comments

  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    No bingo card?
  • TheScreamingEaglesTheScreamingEagles Posts: 124,981

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
  • Morris_DancerMorris_Dancer Posts: 63,204
    The public? Who cares what they think. Foolish delayers of justice.
  • FrancisUrquhartFrancisUrquhart Posts: 89,073

    The public? Who cares what they think. Foolish delayers of justice.

    And half of them are mansplainers....
  • NigelbNigelb Posts: 83,785
    edited 7:23AM
    Fiscal drag, which is reported as the primary means of tax rise, will undoubtedly impact low and medium earners more than it does the highest earners, so the public are probably (and unusually) correct.

    I believe some Labour MP once referred to it as "picking the pockets of the workers".
    Her name escapes me.
  • NigelbNigelb Posts: 83,785

    No bingo card?

    Can't afford bingo these days.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
  • Casino_RoyaleCasino_Royale Posts: 64,716
    Will Rachel surprise us all by sipping on a gin & tonic?
  • SandpitSandpit Posts: 58,572
    So, is the jury trials story supposed to distract from the Budget, or are they hoping that everyone will be ignoring it by lunchtime?
  • TheScreamingEaglesTheScreamingEagles Posts: 124,981

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
  • SandpitSandpit Posts: 58,572

    Will Rachel surprise us all by sipping on a gin & tonic?

    Apparently Ken Clarke was the last Chancellor to enjoy a ‘tipple’ during the Budget speech.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    How is gambling taxed at present?

    Just to be clear, we are not talking about a return to the days when punters paid tax when they placed a bet. These are taxes paid by operators on their profits, essentially what's left from total stakes after winnings have been paid out. There are a number of duties with different rates but three concern us here. They are:

    General betting duty (GBD) which covers fixed-odds and pool bets on horse and greyhound racing placed in betting shops or online, as well as sports bets. Set at 15 per cent.
    Machine games duty (MGD) which covers the machines found in betting shops. Set at 20 per cent.
    Remote gaming duty (RGD) which covers online games of chance such as slots. Set at 21 per cent.

    https://www.racingpost.com/news/britain/racing-tax/the-budget-explained-how-rachel-reeves-statement-could-impact-british-horseracing-aNza08r913dI/
  • FoxyFoxy Posts: 54,105

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
  • TheScreamingEaglesTheScreamingEagles Posts: 124,981
    Sandpit said:

    Will Rachel surprise us all by sipping on a gin & tonic?

    Apparently Ken Clarke was the last Chancellor to enjoy a ‘tipple’ during the Budget speech.
    More innocent days, you can imagine the headlines today, ‘pissed up Chancellor increases taxes.’
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    Not fast fashion, surely?
  • SandpitSandpit Posts: 58,572
    edited 7:35AM

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So fiddling while Rome burns?

    The only real big revenue earner there is theoretically the pension salary sacrifice stuff, aiming to drag a few hundred thousand people kicking and screaming into that pernicious £100k 60% rate. But people don’t work like that, they’ll start taking unpaid leave or negotiating four-day weeks.
  • SandyRentoolSandyRentool Posts: 23,858

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    She's going to tax latte-sipping liberals? That cannot be right.

    I might have to switch to cappuccino.
  • StuartinromfordStuartinromford Posts: 20,779

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    Just be grateful that there isn't a Lovely Shoes tax. Unless you buy your footwear via Shein, in which case I may have to revise my opinion of you.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    Sandpit said:

    Will Rachel surprise us all by sipping on a gin & tonic?

    Apparently Ken Clarke was the last Chancellor to enjoy a ‘tipple’ during the Budget speech.
    When he wasn't off making television programmes.
  • TheScreamingEaglesTheScreamingEagles Posts: 124,981

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    Just be grateful that there isn't a Lovely Shoes tax. Unless you buy your footwear via Shein, in which case I may have to revise my opinion of you.
    I have some new footwear from Messrs Dolce & Gabbana, I have never bought from Shein or Temu.
  • SandpitSandpit Posts: 58,572

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
  • NigelbNigelb Posts: 83,785

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
  • OnlyLivingBoyOnlyLivingBoy Posts: 17,329

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    Lol, that's impressive. I think only the tax thresholds freeze will affect me directly.
  • CumberlandGapCumberlandGap Posts: 275

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Changes to VAT rules for small businesses could be impactful.
  • RochdalePioneersRochdalePioneers Posts: 31,457
    Foxy said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
    Yeah. A few of these - if the Reformgraph has it right - will create upset. But the bigger upset will be "IS THAT IT???" as people realise that a tax on milkshakes is her Big New Idea to fix our systemic structural crisis.

    Then again we have those fukers proposing "scrap HS2" as their big headline. I know that some of it is sunk cost (literally) but is their plan to just leave the infrastructure sat there? Or will there be a ceremonial blowing up of the structures and concrete pouring into the tunnels? Or perhaps they will line them with muslims, foreigners and anyone the flagshaggers think has a skin tone too swarthy to be the baby Jesus...
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
  • NigelbNigelb Posts: 83,785

    Sandpit said:

    Will Rachel surprise us all by sipping on a gin & tonic?

    Apparently Ken Clarke was the last Chancellor to enjoy a ‘tipple’ during the Budget speech.
    While wearing a trilby and fresh from presenting a ground-breaking tv series.

    What a guy!
    Clarke did have occasional trilby form, tbf.

    How I threw my trilby into the political ring
    (2002)
    Political journalist Julia Langdon reveals her heady influence on the corridors of power
    ..And it was this hat that I was wearing shortly afterwards when I reported for an interview with the Secretary of State for Education, one Kenneth Clarke. 'Oh, I like your hat,' he said, trying it on for size. 'Where did you get it?'

    There was a Cabinet reshuffle not long afterwards, in 1992. Recognising there was little point in pursuing his planned diary while awaiting the call from Number 10, Clarke paid the first visit of his life to Harrods and bought the replica of my hat. Later in the day he was appointed Home Secretary and celebrated by triumphantly sporting a hat which his wife, Gillian, declared made him look like a mafioso. For some time he only ever dared wear it to football matches. Now, at last, to my immense pride, he has come out...

  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    PBers shocked that Nigel Farage was not woke as a teenager will be delighted to bet on his exit, presumably stage right.

    What Year will Nigel Farage be replaced as Reform UK leader?
    8/11 2029 or later
    5/2 2028
    7/1 2027
    9/1 2026
    33/1 2025

    https://www.ladbrokes.com/en/sports/event/politics/uk/uk-politics/nigel-farage-specials/242728111/main-markets
  • TazTaz Posts: 22,596

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
  • CumberlandGapCumberlandGap Posts: 275
    Sandpit said:

    Will Rachel surprise us all by sipping on a gin & tonic?

    Apparently Ken Clarke was the last Chancellor to enjoy a ‘tipple’ during the Budget speech.
    And according to the Guardian the last chancellor to be a recognised Historian and celebrated TV presenter.
  • NigelbNigelb Posts: 83,785
    Nigelb said:

    Fiscal drag, which is reported as the primary means of tax rise, will undoubtedly impact low and medium earners more than it does the highest earners, so the public are probably (and unusually) correct.

    I believe some Labour MP once referred to it as "picking the pockets of the workers".
    Her name escapes me.

    Oh, there it is.
    https://www.libdems.org.uk/press/release/9-million-to-be-hit-by-conservative-labour-stealth-tax-stitch-up
    ..The Liberal Democrats added that it would be “rank hypocrisy” if the Chancellor goes ahead with extending the Conservative stealth tax by another two years at the Budget on Wednesday. In 2023, Rachel Reeves said the then Conservative government’s decision to freeze income tax thresholds amounted to “picking the pockets” of working people...
  • eekeek Posts: 32,067

    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
    Sky Bet claim to have up sticks a moved to Malta - but it seems they may not have done so properly.

    Reality is if you are making 95% of your income in the UK are you really an overseas / offshore company.

    At least Revolut is global - I don’t remember seeing adverts for SkyBet in say Prague.
  • TimSTimS Posts: 16,440

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    She's going to tax latte-sipping liberals? That cannot be right.

    I might have to switch to cappuccino.
    Liberals don’t have sugar in their lattes. Actually they don’t have lattes anyway, they all have flat whites and macchiatos.

    Round here I need to specify dairy to the barista, which always makes me feel a bit naughty, like ordering alcohol before midday.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Changes to VAT rules for small businesses could be impactful.
    Even if desirable, I wonder if a drastic reduction in VAT registration thresholds might create more administrative overhead than the system can handle (the same reason I doubt the income tax personal allowance will fall below the state pension) given the glacial rate of Whitehall computer changes.
  • EabhalEabhal Posts: 12,646
    edited 7:52AM

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
  • StuartinromfordStuartinromford Posts: 20,779
    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
  • CumberlandGapCumberlandGap Posts: 275

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    Lol, that's impressive. I think only the tax thresholds freeze will affect me directly.
    This is the slow burner that governments get away with for a while but then start to become a problem. Inheritance Tax was the same, the freezing of the threshold, or at least small increases are hidden for a while until they get noticed. It’s a tax rise that impacts everyone who pays income tax.
  • SandyRentoolSandyRentool Posts: 23,858

    Sandpit said:

    Will Rachel surprise us all by sipping on a gin & tonic?

    Apparently Ken Clarke was the last Chancellor to enjoy a ‘tipple’ during the Budget speech.
    And according to the Guardian the last chancellor to be a recognised Historian and celebrated TV presenter.
    And bird watcher. I once encountered him in one of the hides at Rutland Water. While he was checking out the feathered action, his wife was having a snooze
  • SandpitSandpit Posts: 58,572

    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
    The only way they’re stopping “offshore” betting, is to formally sanction the companies as if they were Russian or Iranian, and start fining banks which allow payments made to them.

    At which point millions of people used to gambling start discovering $USDT, the cryptocurrency pegged to the dollar.
  • EabhalEabhal Posts: 12,646

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    I'm a top 5% income household with a high saving rate and won't come close to £20k. It's ridiculously high.
  • CumberlandGapCumberlandGap Posts: 275

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Changes to VAT rules for small businesses could be impactful.
    Even if desirable, I wonder if a drastic reduction in VAT registration thresholds might create more administrative overhead than the system can handle (the same reason I doubt the income tax personal allowance will fall below the state pension) given the glacial rate of Whitehall computer changes.
    Think of all the very small businesses that dont hit the threshold. Most businesses that are labour based one man bands, thst dont include supplying equipment will be hit. It sounds fatuous, but things like gardeners, window cleaning, hair dressing, beauticians etc will have to start with a lot more paperwork and a big jump in prices.
  • eekeek Posts: 32,067

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Changes to VAT rules for small businesses could be impactful.
    Even if desirable, I wonder if a drastic reduction in VAT registration thresholds might create more administrative overhead than the system can handle (the same reason I doubt the income tax personal allowance will fall below the state pension) given the glacial rate of Whitehall computer changes.
    Think of all the very small businesses that dont hit the threshold. Most businesses that are labour based one man bands, thst dont include supplying equipment will be hit. It sounds fatuous, but things like gardeners, window cleaning, hair dressing, beauticians etc will have to start with a lot more paperwork and a big jump in prices.
    As I've pointed out multiple times Making Tax Digital means if you turn over £30,000 a year you will be providing VAT level reports every quarter anyway. You may as well get them to collect the VAT I suspect it would simplify things for a lot of people.
  • Morris_DancerMorris_Dancer Posts: 63,204
    Sandpit said:

    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
    The only way they’re stopping “offshore” betting, is to formally sanction the companies as if they were Russian or Iranian, and start fining banks which allow payments made to them.

    At which point millions of people used to gambling start discovering $USDT, the cryptocurrency pegged to the dollar.
    Yep. Like soaking the rich, taxing betting firms excessively just means they go overseas.

    The VAT shift (I think the threshold falls from £90k to £30k) is going to be bloody awful. I've cunningly avoided it by not making much money, but those committing the sin of success will be shafted for their capitalist ways.

    If you're a gardener making, say, £40k a year that's an extra £2,000 in tax. If you're making £90k then 20% on the £60k covered comes to £12,000 more in tax. It's bloody horrendous. [I believe I've got those threshold figures right but am going by memory, so am open to correction].
  • IanB2IanB2 Posts: 53,383
    edited 7:57AM

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    We sold my mother's flat when she went into dementia care, and have shovelled as much as we can into ISAs and other tax free places, before and after April, and were looking to shift some more into ISAs after next April; so she'll be affected and is nowhere near being "comfortably off", with the state pension and attendance allowance her only income and the proceeds from her flat disappearing at over £7,000 per month.
  • FoxyFoxy Posts: 54,105

    Foxy said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
    Yeah. A few of these - if the Reformgraph has it right - will create upset. But the bigger upset will be "IS THAT IT???" as people realise that a tax on milkshakes is her Big New Idea to fix our systemic structural crisis.

    Then again we have those fukers proposing "scrap HS2" as their big headline. I know that some of it is sunk cost (literally) but is their plan to just leave the infrastructure sat there? Or will there be a ceremonial blowing up of the structures and concrete pouring into the tunnels? Or perhaps they will line them with muslims, foreigners and anyone the flagshaggers think has a skin tone too swarthy to be the baby Jesus...
    Perhaps they could fill the HS2 cuttings and tunnels with all the scrap from the wind turbines that they pull down. 2 birds with one stone.
  • EabhalEabhal Posts: 12,646
    One thing to watch out for is an increase in the employment allowance. That was one really excellent measure from the last budget and one I hope they expand on to help smaller businesses in particular.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    It is the Osborne omnishambles budget all over again (or last year's, come to think of it). Clearing up a number of piddling little anomalies that exercise HM Treasury and almost no-one else. Everyone knows their bosses have been exploiting c2w to buy expensive leisure machines while actually using Boris bikes or WFH, but it's hardly the Brink's-Mat robbery.
  • NigelbNigelb Posts: 83,785
    eek said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Changes to VAT rules for small businesses could be impactful.
    Even if desirable, I wonder if a drastic reduction in VAT registration thresholds might create more administrative overhead than the system can handle (the same reason I doubt the income tax personal allowance will fall below the state pension) given the glacial rate of Whitehall computer changes.
    Think of all the very small businesses that dont hit the threshold. Most businesses that are labour based one man bands, thst dont include supplying equipment will be hit. It sounds fatuous, but things like gardeners, window cleaning, hair dressing, beauticians etc will have to start with a lot more paperwork and a big jump in prices.
    As I've pointed out multiple times Making Tax Digital means if you turn over £30,000 a year you will be providing VAT level reports every quarter anyway. You may as well get them to collect the VAT I suspect it would simplify things for a lot of people.
    I'm sure a 20% price increase will simplify things considerably for a lot of their customers.
  • londonpubmanlondonpubman Posts: 3,794
    Foxy said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
    I'm not sure all of these will raise a huge amount overall. Looks like we need to start the speculation on what will be in the 2026 Budget! 😈
  • SandpitSandpit Posts: 58,572

    Sandpit said:

    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
    The only way they’re stopping “offshore” betting, is to formally sanction the companies as if they were Russian or Iranian, and start fining banks which allow payments made to them.

    At which point millions of people used to gambling start discovering $USDT, the cryptocurrency pegged to the dollar.
    Yep. Like soaking the rich, taxing betting firms excessively just means they go overseas.

    The VAT shift (I think the threshold falls from £90k to £30k) is going to be bloody awful. I've cunningly avoided it by not making much money, but those committing the sin of success will be shafted for their capitalist ways.

    If you're a gardener making, say, £40k a year that's an extra £2,000 in tax. If you're making £90k then 20% on the £60k covered comes to £12,000 more in tax. It's bloody horrendous. [I believe I've got those threshold figures right but am going by memory, so am open to correction].
    If you’re someone like a small-town gardener, taking £25 from five or six people per day, you’re way more likely to just stop reporting income. Everyone’s paying you in cash anyway.
  • TheScreamingEaglesTheScreamingEagles Posts: 124,981
    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
  • DopermeanDopermean Posts: 1,935

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    Lol, that's impressive. I think only the tax thresholds freeze will affect me directly.
    I'm guessing that 2 of the 3 that don't affect TSE are Chinese fast fashion and cycle2work? If it's the latter you're missing out on a whole world of road cyclist fashion

    For me, it's Dividends, EVs, Chinese FF and gambling. Sadly excluded from cycle2work but in any case I tend to enjoy putting my own together from secondhand frames rather than buying this year's colour scheme for £5k.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939
    Sandpit said:

    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
    The only way they’re stopping “offshore” betting, is to formally sanction the companies as if they were Russian or Iranian, and start fining banks which allow payments made to them.

    At which point millions of people used to gambling start discovering $USDT, the cryptocurrency pegged to the dollar.
    Watch this space. A lot of betting has already disappeared offshore but a couple of new developments are the one above, and the recent discovery that one firm might have been running an illicit parallel operation.
  • IanB2IanB2 Posts: 53,383

    Foxy said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
    I'm not sure all of these will raise a huge amount overall. Looks like we need to start the speculation on what will be in the 2026 Budget! 😈
    The Allowances freeze is the big money
  • DavidLDavidL Posts: 56,955
    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    You are presumably referring to the English system rather than the Scottish system. The jury are not there when their names are picked out of the hat so their time is not wasted for that.
    Some things need to be said in public, particularly if they are to be the basis of a prosecution. I saw yesterday a juror got 4 months for crashing a murder trial. I don't think that we can do that on the basis of multiple choice.
    Vulnerable witness applications will have been dealt with in advance of the trial and that will include screens. Quite often in these sorts of cases the evidence will have been recorded at a commission.

    So I think that we are doing what we can but I would not dispute that jurors have a fair amount of waiting about. In the research that has been done that was a major complaint.
  • FoxyFoxy Posts: 54,105
    Eabhal said:

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    I'm a top 5% income household with a high saving rate and won't come close to £20k. It's ridiculously high.
    I have used the maximal ISA allowance on a few occasions, using lump sums, but not often despite being in the top 1% on income.
  • eekeek Posts: 32,067
    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    There is no way 2 would work - most people will just fast forward the video or put it on and do something else
  • EabhalEabhal Posts: 12,646
    A red dawn in Edinburgh. A stunning cycle commute commences, and I'm going to spend the day doing budget analysis (something I'd do for free).

    Life is going well.
  • rottenboroughrottenborough Posts: 69,047
    edited 8:09AM
    IanB2 said:

    Foxy said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
    I'm not sure all of these will raise a huge amount overall. Looks like we need to start the speculation on what will be in the 2026 Budget! 😈
    The Allowances freeze is the big money
    No annual hammering of landlords? Surely that's missing from the list?
  • FoxyFoxy Posts: 54,105
    DavidL said:

    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    You are presumably referring to the English system rather than the Scottish system. The jury are not there when their names are picked out of the hat so their time is not wasted for that.
    Some things need to be said in public, particularly if they are to be the basis of a prosecution. I saw yesterday a juror got 4 months for crashing a murder trial. I don't think that we can do that on the basis of multiple choice.
    Vulnerable witness applications will have been dealt with in advance of the trial and that will include screens. Quite often in these sorts of cases the evidence will have been recorded at a commission.

    So I think that we are doing what we can but I would not dispute that jurors have a fair amount of waiting about. In the research that has been done that was a major complaint.
    Mrs Foxy really enjoyed her jury duty some years back. It brought out her inner Miss Marple.

    She took it extremely seriously, as it should be. A young man was having his life changed that week.
  • numbertwelvenumbertwelve Posts: 8,457
    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    There’s a lot in there that’s simply bizarre politics, and comes I think as a result of the sudden shift to Plan B after they got terrified of the IT rise.

    This is going to be another budget that pleases no one and fixes precisely nothing. Labour are firmly in the “something might turn up” phase of governing.
  • EabhalEabhal Posts: 12,646

    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    It is the Osborne omnishambles budget all over again (or last year's, come to think of it). Clearing up a number of piddling little anomalies that exercise HM Treasury and almost no-one else. Everyone knows their bosses have been exploiting c2w to buy expensive leisure machines while actually using Boris bikes or WFH, but it's hardly the Brink's-Mat robbery.
    In my anecdotal experience it's been exploited to buy expensive e-bikes - one of the most exciting developments in personal transport in decades, and generally used for the weekly shop and the school run - and the occasional commute.

    If Labour extend the £4k EV grant to e-bikes then fair enough. But they won't.
  • FoxyFoxy Posts: 54,105

    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
    Could be worse, could be a tax on stylish shoes.
  • DavidLDavidL Posts: 56,955
    On topic I just hope that she does not do too much damage. The economy is fragile enough without Reeves messing things up even more.

    I will be looking to see if she finds ways to cut spending that she thinks her back benches can live with. I will also be trying to judge if we face the prospects of more indecision, unhelpful speculation and deferred investment next year because she has given herself far too little room for manoeuvre.

    I will be glad when this is all over and, hopefully, some markets such as the housing market, will be able to breathe again.
  • nico67nico67 Posts: 6,674
    edited 8:10AM
    I wonder what the surprise will be in the budget . There’s normally one voter friendly policy that hasn’t been leaked yet .
  • AnneJGPAnneJGP Posts: 4,396
    I'd say people on low incomes will be affected most, because for them every penny is of huge significance. I'm a pensioner but wouldn't claim to be on a low income. I know working people with less income than my pension.

    Good morning, everybody.
  • MarqueeMarkMarqueeMark Posts: 56,668
    Happy Budget Day everybody. I hope you've all been good - and the Chancellor brings you all the toys you've wished for...
  • SandpitSandpit Posts: 58,572
    Looking forward to the header on this!

    https://x.com/cyclefree2/status/1993590514416074932

    This not simply a policy change. It is a very major constitutional change for which it has no mandate at all. Sneaked out via the press on the eve of the Budget.

    It reeks of Labour's utter contempt for us and our liberties.
  • TheScreamingEaglesTheScreamingEagles Posts: 124,981
    Foxy said:

    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
    Could be worse, could be a tax on stylish shoes.
    I'm fully expecting an Apple tax.
  • DecrepiterJohnLDecrepiterJohnL Posts: 33,939

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    Paying your mortgage off will free up thousands a year for ISAs; likewise children leaving private schools. The question is (or might be) whether HMG wants that extra spending money invested in Britain against retirement, or frittered away abroad on mid-life crisis cars and skiing in the Bahamas.
  • RochdalePioneersRochdalePioneers Posts: 31,457
    Eabhal said:

    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    It is the Osborne omnishambles budget all over again (or last year's, come to think of it). Clearing up a number of piddling little anomalies that exercise HM Treasury and almost no-one else. Everyone knows their bosses have been exploiting c2w to buy expensive leisure machines while actually using Boris bikes or WFH, but it's hardly the Brink's-Mat robbery.
    In my anecdotal experience it's been exploited to buy expensive e-bikes - one of the most exciting developments in personal transport in decades, and generally used for the weekly shop and the school run - and the occasional commute.

    If Labour extend the £4k EV grant to e-bikes then fair enough. But they won't.
    "But they won't" could be the slogan for this budget. They could make the substantive changes needed - but they won't. They could go after the cost of living crisis which is crushing the life out of the economy - but they won't. They're going to tax what? But they won't, surely?
  • rottenboroughrottenborough Posts: 69,047
    nico67 said:

    I wonder what the surprise will be in the budget . There’s normally one voter friendly policy that hasn’t been leaked yet .

    Free vial of sand from the Chagos Islands?
  • MarqueeMarkMarqueeMark Posts: 56,668
    Eabhal said:

    A red dawn in Edinburgh. A stunning cycle commute commences, and I'm going to spend the day doing budget analysis (something I'd do for free).

    Life is going well.

    Red sky in morning, Chancellor warning...
  • SandyRentoolSandyRentool Posts: 23,858

    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    It is the Osborne omnishambles budget all over again (or last year's, come to think of it). Clearing up a number of piddling little anomalies that exercise HM Treasury and almost no-one else. Everyone knows their bosses have been exploiting c2w to buy expensive leisure machines while actually using Boris bikes or WFH, but it's hardly the Brink's-Mat robbery.
    From what I saw last week, nobody is using Bozo bikes any more - they've all switched to Lime to enjoy the battery power.

    The Brabin bikes in Leeds and the Burnham bikes in Manchester don't seem to be used much either.

    Clearly, if you want a bike scheme in your city, electing a mayor with a name beginning with B is essential.
  • numbertwelvenumbertwelve Posts: 8,457

    Eabhal said:

    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    It is the Osborne omnishambles budget all over again (or last year's, come to think of it). Clearing up a number of piddling little anomalies that exercise HM Treasury and almost no-one else. Everyone knows their bosses have been exploiting c2w to buy expensive leisure machines while actually using Boris bikes or WFH, but it's hardly the Brink's-Mat robbery.
    In my anecdotal experience it's been exploited to buy expensive e-bikes - one of the most exciting developments in personal transport in decades, and generally used for the weekly shop and the school run - and the occasional commute.

    If Labour extend the £4k EV grant to e-bikes then fair enough. But they won't.
    "But they won't" could be the slogan for this budget. They could make the substantive changes needed - but they won't. They could go after the cost of living crisis which is crushing the life out of the economy - but they won't. They're going to tax what? But they won't, surely?
    It very much has an air of “just bung a bit more cash into the minimum wage and the NHS and welfare, and business will just about take it” to the whole piece.

    Labour reverting to type.
  • IanB2IanB2 Posts: 53,383
    Foxy said:

    Eabhal said:

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    I'm a top 5% income household with a high saving rate and won't come close to £20k. It's ridiculously high.
    I have used the maximal ISA allowance on a few occasions, using lump sums, but not often despite being in the top 1% on income.
    Interestingly the ISA change floated, at least a week or so back, was lowering the cash ISA limit but not the shares ISA limit. Not sure how this is going to work given that you can now move money between the different types of ISA?
  • GallowgateGallowgate Posts: 21,180
    I hate the itty bitty nature of our tax system. Just needless.
  • noneoftheabovenoneoftheabove Posts: 25,901

    Foxy said:

    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
    Could be worse, could be a tax on stylish shoes.
    I'm fully expecting an Apple tax.
    That would be bananas.
  • geoffwgeoffw Posts: 9,373
    While 99% of the Budget talk is about taxes the bond market will focus on spending
  • FoxyFoxy Posts: 54,105
    edited 8:18AM
    Its all gone a bit Kafka in the Palestine Action case.

    Defendents are not allowed to hear the evidence against them.

    https://www.theguardian.com/law/2025/nov/26/secret-courts-palestine-action-cmp-heard-behind-closed-doors?CMP=Share_AndroidApp_Other
  • CarnyxCarnyx Posts: 46,714
    IanB2 said:

    Foxy said:

    Eabhal said:

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    I'm a top 5% income household with a high saving rate and won't come close to £20k. It's ridiculously high.
    I have used the maximal ISA allowance on a few occasions, using lump sums, but not often despite being in the top 1% on income.
    Interestingly the ISA change floated, at least a week or so back, was lowering the cash ISA limit but not the shares ISA limit. Not sure how this is going to work given that you can now move money between the different types of ISA?
    I think it's more a focus on the new money you can put into an ISA. Rather than being retrospective (but of course the change to allow movement between cash and S&S was retrospective anyway).
  • JohnLilburneJohnLilburne Posts: 7,576

    Eabhal said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    The cycle to work thing is bizarre politics. It's the lanyard-wearing version of landowner IHT reform - probably the right thing to do but has dreadful optics, and completely incoherent if they increase the grant for new EVs at the same time. It will raise very little cash in the grand scheme of things.

    You do get a sense they are trying to alienate everyone. If they can't count on the C2W brigade...
    It is the Osborne omnishambles budget all over again (or last year's, come to think of it). Clearing up a number of piddling little anomalies that exercise HM Treasury and almost no-one else. Everyone knows their bosses have been exploiting c2w to buy expensive leisure machines while actually using Boris bikes or WFH, but it's hardly the Brink's-Mat robbery.
    The problem is we never review the effect of legislation. C2W should have been reviewed to make sure it was delivering what was intended.
  • noneoftheabovenoneoftheabove Posts: 25,901

    I hate the itty bitty nature of our tax system. Just needless.

    They are mad if they think 10-20 small increases that people will feel target them specifically is going to be more popular than a simple rise in income tax. And they are unlikely to raise as much that way either.
  • MalmesburyMalmesbury Posts: 58,765
    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    Sounds like classic Operations Research.

    Take the load off the expensive, skilled people so they can get on with the job.

    See med techs doing all the tests and lining up the results for The Consultant.

    So the court staff line up a jury for the court.

    Are the screens built into the court room infrastructure - always there?? Or wheeled in each time?
  • DopermeanDopermean Posts: 1,935
    DavidL said:

    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    You are presumably referring to the English system rather than the Scottish system. The jury are not there when their names are picked out of the hat so their time is not wasted for that.
    Some things need to be said in public, particularly if they are to be the basis of a prosecution. I saw yesterday a juror got 4 months for crashing a murder trial. I don't think that we can do that on the basis of multiple choice.
    Vulnerable witness applications will have been dealt with in advance of the trial and that will include screens. Quite often in these sorts of cases the evidence will have been recorded at a commission.

    So I think that we are doing what we can but I would not dispute that jurors have a fair amount of waiting about. In the research that has been done that was a major complaint.
    Yes, English system.
    I've been on a case where there were case-specific issues that the Jury needed to be briefed on. It took an additional 5 minutes. I think the "no internet or other independent research", "don't discuss the case", etc warnings don't require a bewigged delivery system.
    Sadly, case I was on preparing for screens hadn't been done. So Jury out again for the first witness, Judge had conflicting schedule for next two days, got ill at the weekend and following week we were trooped in again to be told by a different Judge that there'd be a retrial because original Judge couldn't continue to hear the case. Unfortunate, but it would have been done before the weekend but for the schedule conflicts (and the defendant would have been on their way as the CPS had clearly been smoking something).
  • londonpubmanlondonpubman Posts: 3,794

    IanB2 said:

    Foxy said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    That looks a damp squib.

    Whats all the fuss about?
    I'm not sure all of these will raise a huge amount overall. Looks like we need to start the speculation on what will be in the 2026 Budget! 😈
    The Allowances freeze is the big money
    No annual hammering of landlords? Surely that's missing from the list?
    Outside chance of additional stamp duty on second homes being increased to 8% like in Scotland from the current 5%? No one seems to have mentioned that.

    No chance of 8% 'national insurance' being put on rental income.
  • TimSTimS Posts: 16,440
    nico67 said:

    I wonder what the surprise will be in the budget . There’s normally one voter friendly policy that hasn’t been leaked yet .

    My tip is something on SDLT and possibly something on stamp duty on shares. Former because Kemi suggested it, latter because it’s widely seen as one of the big things holding back UK listings.
  • FoxyFoxy Posts: 54,105

    Foxy said:

    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
    Could be worse, could be a tax on stylish shoes.
    I'm fully expecting an Apple tax.
    Are you expecting the budget to crumble? Or to be pie in the sky?
  • CarnyxCarnyx Posts: 46,714
    IanB2 said:

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    We sold my mother's flat when she went into dementia care, and have shovelled as much as we can into ISAs and other tax free places, before and after April, and were looking to shift some more into ISAs after next April; so she'll be affected and is nowhere near being "comfortably off", with the state pension and attendance allowance her only income and the proceeds from her flat disappearing at over £7,000 per month.
    Having said that, another situation which affects a lot of people is when they get or commute their pension to a lump sum. Having an ISA does help to keep that intact in real terms.
  • IanB2IanB2 Posts: 53,383
    Carnyx said:

    IanB2 said:

    Foxy said:

    Eabhal said:

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    I'm a top 5% income household with a high saving rate and won't come close to £20k. It's ridiculously high.
    I have used the maximal ISA allowance on a few occasions, using lump sums, but not often despite being in the top 1% on income.
    Interestingly the ISA change floated, at least a week or so back, was lowering the cash ISA limit but not the shares ISA limit. Not sure how this is going to work given that you can now move money between the different types of ISA?
    I think it's more a focus on the new money you can put into an ISA. Rather than being retrospective (but of course the change to allow movement between cash and S&S was retrospective anyway).
    Yes, but someone who has both types of ISA, and who was wanting to make a big cash ISA contribution next year, could avoid a differential limit by moving money from share to cash ISA before April, and then simply make the contributions up to the new differential limits a week later. That's certainly what we'll do with my mother's accounts if they move to a £12k cash, £20k share upper limit.
  • MarqueeMarkMarqueeMark Posts: 56,668
    Foxy said:

    Foxy said:

    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
    Could be worse, could be a tax on stylish shoes.
    I'm fully expecting an Apple tax.
    Are you expecting the budget to crumble? Or to be pie in the sky?
    Core voter strategy....
  • CarnyxCarnyx Posts: 46,714
    IanB2 said:

    Carnyx said:

    IanB2 said:

    Foxy said:

    Eabhal said:

    Taz said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    So if it is £12K for a cash ISA will the stocks and shares element still be £20K ?
    20 in total, isn't it? So 12 can be cash and the next 8 has to be s+s, I guess.

    The only time I've used the entire allowance is when I've had inheritances to deal with. Saving that much tax-free really is a nice bung for the very comfortably off.)
    I'm a top 5% income household with a high saving rate and won't come close to £20k. It's ridiculously high.
    I have used the maximal ISA allowance on a few occasions, using lump sums, but not often despite being in the top 1% on income.
    Interestingly the ISA change floated, at least a week or so back, was lowering the cash ISA limit but not the shares ISA limit. Not sure how this is going to work given that you can now move money between the different types of ISA?
    I think it's more a focus on the new money you can put into an ISA. Rather than being retrospective (but of course the change to allow movement between cash and S&S was retrospective anyway).
    Yes, but someone who has both types of ISA, and who was wanting to make a big cash ISA contribution next year, could avoid a differential limit by moving money from share to cash ISA before April, and then simply make the contributions up to the new differential limits a week later. That's certainly what we'll do with my mother's accounts if they move to a £12k cash, £20k share upper limit.
    Mm. We need to see what the restrictions are in moving new share ISA money. As you say, the old share money seems likely to be free to move.
  • MalmesburyMalmesbury Posts: 58,765
    eek said:

    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    There is no way 2 would work - most people will just fast forward the video or put it on and do something else
    Have all the jury prep etc run by court staff. The day before.

    Have jury prep as a courthouse function, run by staff. As a continual operation. Lining up juries, get them sorted, warned, lanyarded.

    So 9am, the judge, lawyers, etc all roll in together.

    Judge can have the option to say - “I don’t look this jury, do you have a similar one? But in a shade of mauve?”
  • noneoftheabovenoneoftheabove Posts: 25,901

    Foxy said:

    Foxy said:

    Nigelb said:

    No bingo card?

    Ladbrokes haven’t put one up nor has anyone else AFAICS.
    O tempora, o mores. Perhaps the bookies are worried about offending the Chancellor on the day she will pronounce on gambling taxes.

    From the Telegraph:-

    Twelve taxes expected to rise
    • Property – A surcharge on homes worth more than £2m
    • Incomes – Extending the freeze on income tax thresholds
    • Milkshakes and lattes – Increased levies on sugary drinks
    • Dividends – A raid on money made from stocks and shares
    • EVs – Pay per mile charging for electric cars
    • Pensions – A crackdown on salary sacrifice schemes
    • Gambling – Higher levies on the betting industry
    • Tourists – Charges on tourists visiting major cities
    • Chinese imports – Closing a loophole for fast fashion giants such as Shein
    • Taxis – Closing a VAT loophole currently used by Uber
    • Cash Isas – Reducing the annual allowance to £12,000
    • Cycle-to-work schemes – Ending tax breaks for expensive bicycles
    https://www.telegraph.co.uk/business/2025/11/25/reeves-to-sting-voters-with-dirty-dozen-tax-rises-in-budget/ (£££)
    Nine of those tax increases will directly impact me.
    I would have thought you eschewed cheap Chinese tat, but then again I don't see you as cycling to work ?
    I don't.

    I have regular city breaks and I use Uber Exec/Lux a lot, that's going to hurt a lot, my once a month indulgence on a milkshake may have to go.
    Could be worse, could be a tax on stylish shoes.
    I'm fully expecting an Apple tax.
    Are you expecting the budget to crumble? Or to be pie in the sky?
    Core voter strategy....
    It seems we are already squeezing the pips on this one.
  • RattersRatters Posts: 1,637

    Sandpit said:

    Sandpit said:

    No bingo card?

    There’s a gambling tax coming, look out for prosecutions of office Grand National sweepstakes next year.

    Oh, and a load of betting companies moving themselves offshore out of reach of Rachel from accounts.
    Sky Bet recently moved to Malta and it is said HMRC & the Gambling Commission are now pondering the definition of ‘offshore’.
    The only way they’re stopping “offshore” betting, is to formally sanction the companies as if they were Russian or Iranian, and start fining banks which allow payments made to them.

    At which point millions of people used to gambling start discovering $USDT, the cryptocurrency pegged to the dollar.
    Yep. Like soaking the rich, taxing betting firms excessively just means they go overseas.

    The VAT shift (I think the threshold falls from £90k to £30k) is going to be bloody awful. I've cunningly avoided it by not making much money, but those committing the sin of success will be shafted for their capitalist ways.

    If you're a gardener making, say, £40k a year that's an extra £2,000 in tax. If you're making £90k then 20% on the £60k covered comes to £12,000 more in tax. It's bloody horrendous. [I believe I've got those threshold figures right but am going by memory, so am open to correction].
    I'm not sure I agree.

    The £90k threshold acted as another cliffedge that was sufficiently high such that many didn't seem to exceed it. Which is negative for growth and the ambitions of small firms.

    Better have everyone charging VAT, beyond those making money as more of a hobby, then there's no disincentive to expanding (or merging) businesses to add scale.
  • StuartinromfordStuartinromford Posts: 20,779

    eek said:

    Dopermean said:

    FPT ref DavidL's comments on juries

    1) "pull jurors out of a hat" - my experience is being sorted into groups of 16 at the beginning of the week but it could just be done by computer in a matter of seconds once the juror register is complete
    2) Judge briefing the Jury on their duties and responsibilities - apart from case specific issues this is boilerplate. Could be online with a little quiz and declaration, e.g. "If I do my own research on the internet" will I a) be better briefed than the legal counsel, b) be helping my fellow jurors to understand the case or c) do 6 months d) all of the above?
    3) Check in advance whether witnesses need screens and prepare. In your cases I assume it's a given, so the screens should be there by default.

    None of the above has to be on the critical path.

    My experience is that if you're assigned to a trial in the morning then it's 11.30am by the time you're sat down, HHJ does his solemn briefing etc, now 12, they have a brief conflab and decide that there isn't time for 2 opening addresses before lunch, "jury will only remember one side", so break. 2pm before you're back in court in the afternoon, if Judge or barristers don't have an afternoon clash.

    There are delays around sending Juries out and reassembling them, but they can just be sent to the next room rather than allowed to disperse.

    Juries can be taken off the critical path for most of it. Leveson has just blamed them for the inefficiency of the professionals involved.

    There is no way 2 would work - most people will just fast forward the video or put it on and do something else
    Have all the jury prep etc run by court staff. The day before.

    Have jury prep as a courthouse function, run by staff. As a continual operation. Lining up juries, get them sorted, warned, lanyarded.

    So 9am, the judge, lawyers, etc all roll in together.

    Judge can have the option to say - “I don’t look this jury, do you have a similar one? But in a shade of mauve?”
    You're right, of course you're right, but you know the objections.

    Spending a bit more to get a lot more is still spending more, and we've conditioned ourselves to not want that.

    It's moving spending from frontline staff to backstage. And we've massively conditioned ourselves to not want that.
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