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• Grandparents of working age who care for their grandchildren will see that work count towards their entitlement for the basic state pension
• Winter fuel allowance to be maintained at higher level – £250 for over 60s and £400 for over-80s – for another year
• The basic state pension will be increased by at least 2.5%, regardless of inflation
• From November the limit on savings pensioners can have before their Pension Credits are reduced is to be raised from £6,000 to £10,000 to help those hit by low interest rates. It will mean an average of £4 extra a week, says the chancellor
• Alcohol taxes to go up 2% from midnight – putting the price of the average pint up 1p
• Tax on tobacco to go up by 2% from 6pm – equivalent to an extra 7p on a pack of 20 cigarettes
• Fuel duty to rise by 2p per litre from September, then by 1p a litre above inflation each April for the next four years
• From next month until March 2010 motorists to get £2,000 discount on new cars if they trade in cars older than 10 years
• Income tax for those earning more than £150,000 to rise to 50% from April 2010
• Tax relief on pensions to be reduced for people on more than £150,000 a year from April 2011
Government support for economy to protect 500,000 jobs
• Statutory redundancy pay up from £350 to £380 a week
• Extra support for people who have been out of work for 12 months through the flexible new deal
• From January all under-25s out of work for a year to be offered a job or training place with extra money on top of benefits for those in training
• £1.7bn extra funding for Job Centre network
• £250m funding to help people get work experience in growth industries
• Funding to create 54,000 new places in sixth form education
• Child tax credit to rise by £20 by 2010
• Child trust funds for disabled children to rise by £100 a year, £200 a year for severely disabled children
Does any of this affect you ? and how ?
The things that affect me are:
• Alcohol taxes to go up 2% from midnight – putting the price of the average pint up 1p
No, I don’t drink pints, in fact I don’t drink much at all, but that occasional bottle of wine, bubbly or G&T will now be a tad more expensive….no big deal tbh.
• Fuel duty to rise by 2p per litre from September, then by 1p a litre above inflation each April for the next four years
Couldn’t see that one coming….if you have a car this will affect you so yeah, but my mileage is quite low so again no big deal.
• From next month until March 2010 motorists to get £2,000 discount on new cars if they trade in cars older than 10 years
Doesn’t affect me, but it might encourage the other half to finally ditch the jalopy that he calls a car!
Things that don’t affect me but I thought I’d comment on anyway!
• Income tax for those earning more than £150,000 to rise to 50% from April 2010
I wish I was earning enough to complain about it!
• £1.7bn extra funding for Job Centre network
Is that for all the people who are going to be made redundant? Cos they sure won’t be providing any more helpful advice than they do at the moment…..I’ll stop now before I sink into an angry rant!
• £250m funding to help people get work experience in growth industries
And what growth industries are these exactly? Training more carers for our aging population and those new job centre staff they’ll be taking on?
Given the state of the economy right now, I was disappointed that there wasn’t more to help the small businesses (or maybe I missed that, I haven’t looked in-depth yet). So far all the initiatives to help business are only any good for the medium size business, and little help to the very small businesses who are struggling right now.
i dnt know a single person thats got a job through job centres so why pump more money in , is this so they have ppl who can force the under 24s onto the training they are offering, better chance of gettin a job in a pub than a job centre
fags …… keep puttin prices up
beer …… drop prices
fuel…… drop prices
and keep increasing taxes for the rich ( sorry melody )Ive not really studied the details of the budget yet
Well go study
:shock:
The recession is going to get a lot worse and the property market will cave in after its current fight-back and it will be like the worst of the Callaghan years and the worst of the Thatcher years rolled together. If you think it’s bad now, wait 12 months.
@tictax wrote:
and keep increasing taxes for the rich ( sorry melody )
God, socialists just don’t get it do they?
You see, when you hit the rich like this it doesn’t benefit the poor or the working class at all. It comes down the line and hits everyone on the way. The billionaire becomes a mere millionaire – big deal. The guy just over the breadline, who worked for the bilionaire, is now workless and therefore below the breadline.
That’s something socialists will never grasp. These rich people don’t keep all that money and gloat over it, Scrooge-like, by candlelight in vaulted dungeons. They spend it. They pay people to do things they can’t be bothered doing themselves – cooking, cleaning, fixing leaky pipes, painting, and so on. All those working people are paid to do that stuff by the rich folk.
When you destroy the rich, you destroy everyone who works for them.
if i was socialist would i not of sed that taxin the rich more isnt fair they we shud all be taxed the same , socialists want equality between rich n poor , in socialist countries all tax would be the same , fines etc would nt be reflected on how rich u are but would all be the same , thats how i interpertate it anyhow , might be wrong
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