The Sunak Government 2022-

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bonzosbeard
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Re: The Sunak Government 2022-

Post by bonzosbeard »

My kids are older, wife and I in the squeezed middle. Nothing for us in this budget at all.

Hopefully the August one is better.
monkeyhanger
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Re: The Sunak Government 2022-

Post by monkeyhanger »

Shabu wrote: Sun Mar 12, 2023 8:21 pm Rishi Sunak is going to be in my town tomorrow.

If I bump into him what do you want me to ask him?
Do you still not have any working class friends ?
Have you learned how to use contactless yet ?
Is that your own car ?
How many homeless people are businessmen or work in finance?


Or

Did you know the anagram of your name is Hi Risk Anus ?
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Francoisvander or else
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Re: The Sunak Government 2022-

Post by Francoisvander or else »

Can someone explain what a ‘Brexit Pubs Guarantee’ is when it’s at home?
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mumbles87
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Re: The Sunak Government 2022-

Post by mumbles87 »

kenthammer1984 wrote: Wed Mar 15, 2023 2:09 pm Got excited about the increase in free hours for 1 and 2 year olds, until he said it wouldn’t start until April 2024 :( ffs

Also, from September 2024 all children from 9 months old will get 15 hours free and from September 2025 all children under 5 will get 30 hours.

So we aren’t sure if the 30 hours that are currently offered will be scrapped until September 2025 and it will “just” be 15 hours until then.

If so, that will really screw us over from September 2024 until she goes to school in 2025.
No the way I've read it is from sept 2024 current measures will remain

The new care for parents will be introduced in stages.

Working parents of two-year-olds will get 15-hours of free care from April 2024
Children from nine months will get 15-hours free childcare from September 2024
All eligible under-5s will get 30-hours free childcare from September 2025
The plans are part of a government drive to boost economic growth.
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Re: The Sunak Government 2022-

Post by fjthegrey »

There's no way they are going to reduce what is already on offer, only to reintroduce further things at a later date.

Everything in place now should remain, only for more to be on offer at intervals in the future.
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mumbles87
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Re: The Sunak Government 2022-

Post by mumbles87 »

fjthegrey wrote: Wed Mar 15, 2023 4:33 pm There's no way they are going to reduce what is already on offer, only to reintroduce further things at a later date.

Everything in place now should remain, only for more to be on offer at intervals in the future.
Exactly they need to win voted not lose them

It's always a fear when they change things but it's always just a misunderstanding, everything will remain and the new hours will be slow introduced to allow providers to prepare

For example doesn't help us our girls will go as planned in sept not earlier but my sister will then really benefit from this (she was due yesterday)
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old fart
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Re: The Sunak Government 2022-

Post by old fart »

If ony I can find a extra £60000 to put in my pension I'll save £27000 in tax. Isn't life grand
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mumbles87
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Re: The Sunak Government 2022-

Post by mumbles87 »

old fart wrote: Wed Mar 15, 2023 6:55 pm If ony I can find a extra £60000 to put in my pension I'll save £27000 in tax. Isn't life grand
I can see it being a real help for drs to encourage them to work later than be forced to retire for risk of having a bigger tax bill
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Re: The Sunak Government 2022-

Post by hammers92 »

mumbles87 wrote: Wed Mar 15, 2023 7:21 pm I can see it being a real help for drs to encourage them to work later than be forced to retire for risk of having a bigger tax bill
I’d imagine it’s more because they’ve had enough to be honest.
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Re: The Sunak Government 2022-

Post by mumbles87 »

hammers92 wrote: Wed Mar 15, 2023 7:27 pm I’d imagine it’s more because they’ve had enough to be honest.
Not all of them

If someone retires at 55 or 60 to avoid going over the lifetime allowance to save the tax bill

We went through a period of people leaving at 40 years service (from 18) to avoid the tax bill when they could easily work longer but it became your just writing HMRC a cheque to go to work
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Re: The Sunak Government 2022-

Post by hammers92 »

mumbles87 wrote: Wed Mar 15, 2023 7:31 pm Not all of them
Maybe. I used to work at the BMA with a lot of exposure to doctors. The tax allowance is great but once you’ve mentally had enough, that’s it, you’re done. I’ve met quite a few who felt like that.

I think there’s a general point about the pandemic focusing people’s minds and over 50s deciding to spend their time more freely with family and in general, living a happier life. I’d personally like to see more investment pumped into training new staff, and encouraging the next generation to take up these type of jobs.
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mumbles87
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Re: The Sunak Government 2022-

Post by mumbles87 »

hammers92 wrote: Wed Mar 15, 2023 7:35 pm Maybe. I used to work at the BMA with a lot of exposure to doctors. The tax allowance is great but once you’ve mentally had enough, that’s it, you’re done. I’ve met quite a few who felt like that.

I think there’s a general point about the pandemic focusing people’s minds and over 50s deciding to spend their time more freely with family and in general, living a happier life. I’d personally like to see more investment pumped into training new staff, and encouraging the next generation to take up these type of jobs.
I fully agree however you need to have a stop gap whilst those systems are set up

I mean I can only compare to my work where we have massive vacancies ATM and a very high failure rate due to the difficulty, so they have put a business case for recent retirees to return part time for coverage to help out until such a time that it becomes manageable on overtime again
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Re: The Sunak Government 2022-

Post by OFT »

Francoisvander or else wrote: Wed Mar 15, 2023 4:00 pm Can someone explain what a ‘Brexit Pubs Guarantee’ is when it’s at home?
Its a certainty that more pubs will close and be used to accommodate the rubber boat people while they await flights to sunnier climes.

In other words, I ain't got a clue
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Re: The Sunak Government 2022-

Post by YorksHammer »

The childcare thing is good, but on a very personal level I think it's the wrong way to direct that money.

Personally, I don't think kids at 9 months should be put into nursery away from their parents for significant times in the week. They're still developing at that point, a lot of kids at that age can't walk and certainly aren't ready to be (relatively) independent in a scenario of 1:5 care.

I'd rather see that money directed into better statutory maternity pay, and subsequently a significantly improved early years child benefit payment, which allows for new parents to decide if they want to use that money to put their kids into nursery and spend the money they get, or keep their kid at home and use that money to support themselves not working and raising a kid through early years.

But, like I say, that's me personally and not really reflective of the way the system has been built over years to push parents back to work as quickly as possible after child birth and very early care.
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Re: The Sunak Government 2022-

Post by Johnny Byrne's Boots »

Are there any figures indicating how much a pound spent on subsidising child care generates for the economy?
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Re: The Sunak Government 2022-

Post by stu1 »

The child care policy will be a massive benefit to many households but not a lot to shout about elsewhere.

It’s not a vote winner, but I wonder if any government will fix the ridiculous 62% tax rate between £100-£125k. It’s an absolute nonsense that out of that £25k after PAYE & NI you only take home £9.5k and the taxman gets £15.5k.
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Re: The Sunak Government 2022-

Post by OFT »

The childcare thing not due to come into being until well, around the time of the next election???
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Cornelius Beal
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Re: The Sunak Government 2022-

Post by Cornelius Beal »

Francoisvander or else wrote: Wed Mar 15, 2023 4:00 pm Can someone explain what a ‘Brexit Pubs Guarantee’ is when it’s at home?
It's Wetherspoon's new campaign.

Tim nice but dim so frustrated by losses and forced closures, due to failing to staff his pubs as they mostly returned home. He's gone full gammon and guaranteed you will not be able to buy any EU sourced beverage, guaranteed.
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Re: The Sunak Government 2022-

Post by bonzosbeard »

mumbles87 wrote: Wed Mar 15, 2023 7:31 pm Not all of them

If someone retires at 55 or 60 to avoid going over the lifetime allowance to save the tax bill

We went through a period of people leaving at 40 years service (from 18) to avoid the tax bill when they could easily work longer but it became your just writing HMRC a cheque to go to work
This seems strange as doctors currently want a 35% pay increase as wages are too low.

Is it just young doctors that are low paid and don't see big money unless specialise?
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Re: The Sunak Government 2022-

Post by Junco Partner »

OFT wrote: Thu Mar 16, 2023 8:10 am The childcare thing not due to come into being until well, around the time of the next election???
Seems to be a lot of this. All the sweeties will be available in 2025.

Defence spending will be increased...at some indeterminate point in the future when 'circumstances allow'.

The only concrete thing delivered here and now is a pensions giveaway for the richest 1%. Plus ça change...

Meanwhile the OBR warned that households are still facing the largest fall in living standards on record over the next two years:-

Jeremy Hunt’s efforts to boost growth unlikely to prevent largest fall in living standards on record
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