The Budget Thread

[dizzyblonde]

Originally Posted by Mr Speirs

I still can't understand how they've not thought to reduce fuel duty to reduce and stabilise the cost of fuel to £1 a litre.

Fuel runs the entire economy, everything has become more expensive due to the cost of moving products and people. It's affecting everything from the idividual, small business to large corpoations. I understand that they don't want to be seen to encourage pollution and all that but at what cost? The entire collapse of the world economy?
If the cost of fuel was stabilsed to £1 a litre I personally think that the UK economy will be massively boosted.

I agree that we need to limit our reliance on fossil fuels but until an alternative is viable then we either spiral to doom or reduce the burden.

If you actually go through and look at how much tax there are its a wonder how we are in a crisis at all.

Income tax
Fuel Duty
VAT
Captial Gains Tax
Inheritance Tax
Council Tax
National Insurance
VED
Stamp Duty
Fuel Tax (household)
Airport Tax
Lottery Duty
Achoholic Liquor Duty
Tobacco Duty
Climate Change Levy
Hydrocarbon Oils Duty
Landfill Tax
Insurance Premium Tax
Customs Duty
plus loads more.

When the earner of the house has to go to work in a vehicle 20 miles away, that takes away money for other things in the household, we were hoping there would be some sort of fuel cut
My father currently spends 90quid a week on fuel just to go to work.
A fella running a haulage firm was on the beeb the other week and says his fuel costings have gone up 25% since 2008, or was it 2010? Either way, he has to keep passing it onto his customers, review his truck pool, and shed some vehicles and people, just to stop the costs rising for his customers....bad, bad bad! His customers can of course go elsewhere, but everyone is paying through the nose for fuel

Pegs having to use the bike, and as a family we have to reshuffle, and shed some vehicles just so he can go work more economically.......the most economical vehicle of the lot is having to go, because the roads are so dangerously potholed and undermaintained, hes having to readdress riding a bike to work for cost and safety!!

Originally Posted by Bibio

stop the stupid 'make the rich pay' attitude and start giving them intensives to want to stay in this god forsaken taxed to the hilt shizz hole of a country of ours.

.

Its funny, folk go on about how bad the Greek economy is, which as a side note is being hidden from view right now, bail outs are hiding under the carpet with none stories, fact of the matter is its no better.... do you not think that the UK is actually not much better off, and really its like the Greeks but wrapped up with fancy ribbons and whistle on, just to make it look like its FINE?
Make us want to go flee the country and we ain't rich!

[NTECUK]

Originally Posted by Littlepeahead

The hike in personal tax allowance is a good thing, but I need to find an expert to work out paying a bit more into my pension to avoid paying 40%, but as soon as I start thinking about it my brain melts. Anyone know a good financial advisor?

The one tax that really really bugs me is that I get private medical insurance through work. Because it is taxed as a benefit I pay tax on the value (around £700 a year) but by having this I have saved the NHS over £20,000 in the last 3 years with 2 operations done privately, where I paid a portion of the treatment costs myself, yet I get taxed for freeing up an NHS bed.

Well You'd probly still be waitting to have the Ops done.

I don't earn enough to worry about tax avodance and will likely have to work till I shift this motal coil so not worred about a pension.

winkers put my cigs up 37p barstewards

[maviczap]

Originally Posted by davepreston

winkers put my cigs up 37p barstewards

Give up, save yourself a packet

[Bibio]

Originally Posted by davepreston

winkers put my cigs up 37p barstewards

yup great ain't it. take an addictive substance and put the price up which effects the poor people the most as the large majority of people that smoke are the poor.

when are the feckwits going to learn that people will pay what ever it takes when tobacco is concerned as it's addictive and putting the price up is not going to stop them smoking it's just going to affect the household income which is just going to get them more depressed so they will smoke more.

Should have been a fuel cut, and also a tax on crap fat filled foods, to ease the obesity epidemic. Smokers get taxed enough, only fair.

Originally Posted by Littlepeahead

The hike in personal tax allowance is a good thing, but I need to find an expert to work out paying a bit more into my pension to avoid paying 40%, but as soon as I start thinking about it my brain melts. Anyone know a good financial advisor?

The one tax that really really bugs me is that I get private medical insurance through work. Because it is taxed as a benefit I pay tax on the value (around £700 a year) but by having this I have saved the NHS over £20,000 in the last 3 years with 2 operations done privately, where I paid a portion of the treatment costs myself, yet I get taxed for freeing up an NHS bed.

You shouldn't be taxed on that, unfair. It benefits employers if you are seen sooner, and takes pressure off the NHS. Nuts.

[NTECUK]

You should be taxed on what you earn.
Get tax back on things you need for your job like tool's, training ,protective equipment,child care and transport cost .

[Gazza77]

Originally Posted by Bibio

yup great ain't it. take an addictive substance and put the price up which effects the poor people the most as the large majority of people that smoke are the poor.

when are the feckwits going to learn that people will pay what ever it takes when tobacco is concerned as it's addictive and putting the price up is not going to stop them smoking it's just going to affect the household income which is just going to get them more depressed so they will smoke more.

Perhaps they wouldn't be quite as poor if they stopped.

[Gazza77]

Originally Posted by NTECUK

You should be taxed on what you earn.
Get tax back on things you need for your job like tool's, training ,protective equipment,child care and transport cost .

Pretty much all of the thing you've listed already have taxable allowances so you arent taxed on them. That does seem fair to me, so I agree with your point though.