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| Linux_User wrote: My thoughts? This isn't the real budget, that comes in May/June. | |
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Only if the Tories win. If Labour win then their may be another budget in November.
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| The Budget Thread http://www.x404.co.uk/forum/viewtopic.php?f=3&t=7220 |
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| Author: | paulzolo [ Wed Mar 24, 2010 9:16 am ] |
| Post subject: | The Budget Thread |
Post your thoughts here. Also post your predictions of when you are likely to be personally bankrupt. I can see us being gouged this time. |
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| Author: | l3v1ck [ Wed Mar 24, 2010 9:18 am ] |
| Post subject: | Re: The Budget Thread |
They need to reduce the deficit rather than have a pre-election give away. However I'd never trust Labour to balance the books. As this isn't actually a news item, more of a discussion, I'm moving it to the Meeting Place. |
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| Author: | jonlumb [ Wed Mar 24, 2010 9:29 am ] |
| Post subject: | Re: The Budget Thread |
I can see a fair old tax increase on things like fuel, alcohol and cigarettes, but I think an income tax increase now would lead to a lynching. I certainly don't think the budget is going to balance though, the deficit is definitely going to go up. If I am wrong, I will be more than grateful to eat my hat! |
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| Author: | Amnesia10 [ Wed Mar 24, 2010 9:49 am ] |
| Post subject: | Re: The Budget Thread |
I expect a small giveaway but one which will not upset the money markets, and nothing much. He will announce his expected deficits and if they are around £160 Billion then he will have a small giveaway, which will not cause any excitement. The usual increasing of duties in line with inflation but nothing very interesting. This will be a dull budget. |
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| Author: | Linux_User [ Wed Mar 24, 2010 10:14 am ] |
| Post subject: | Re: The Budget Thread |
My thoughts? This isn't the real budget, that comes in May/June. |
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| Author: | james016 [ Wed Mar 24, 2010 10:19 am ] |
| Post subject: | Re: The Budget Thread |
I expect that we will all be torn a new one. There is the fuel duty increase on the 1st April and next year sees the 1% increase in NI. What they give with one hand is taken away with the other. |
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| Author: | Amnesia10 [ Wed Mar 24, 2010 10:20 am ] | |||||||||
| Post subject: | Re: The Budget Thread | |||||||||
Only if the Tories win. If Labour win then their may be another budget in November. |
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| Author: | Linux_User [ Wed Mar 24, 2010 10:22 am ] | |||||||||
| Post subject: | Re: The Budget Thread | |||||||||
 If Labour win I'm going to shout "FIX!" outside Downing Street. |
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| Author: | l3v1ck [ Wed Mar 24, 2010 10:41 am ] | |||||||||
| Post subject: | Re: The Budget Thread | |||||||||
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| Author: | Linux_User [ Wed Mar 24, 2010 10:52 am ] |
| Post subject: | Re: The Budget Thread |
Personally I want to see the personal allowance raised to £10,000 so that it's the worst off who benefit most, rather than cutting the basic rate of income tax. |
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| Author: | Zippy [ Wed Mar 24, 2010 11:27 am ] |
| Post subject: | Re: The Budget Thread |
If they keep raising the cost of petrol, even though oil prices have been dropping, I soon won't be able to afford to work where I work (or live where I live) I hope I can hang on until we move nearer my job 
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| Author: | l3v1ck [ Wed Mar 24, 2010 11:32 am ] | |||||||||
| Post subject: | Re: The Budget Thread | |||||||||
More to the point product cost will go up as haulage will cost more. Maybe they'll increase duty on petrol but not diesel, that way lorries wouldn't be affected. |
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| Author: | Zippy [ Wed Mar 24, 2010 11:33 am ] | ||||||||||||||||||
| Post subject: | Re: The Budget Thread | ||||||||||||||||||
I blinkin' well hope not 
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| Author: | james016 [ Wed Mar 24, 2010 11:37 am ] | ||||||||||||||||||
| Post subject: | Re: The Budget Thread | ||||||||||||||||||
That is going to happen if these articles are true: http://www.investmentweek.co.uk/investm ... tax-report and http://www.telegraph.co.uk/finance/fina ... h-tax.html |
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| Author: | paulzolo [ Wed Mar 24, 2010 11:52 am ] | |||||||||
| Post subject: | Re: The Budget Thread | |||||||||
We are approaching the point where people will not be able to get to work in the first place. This is a major problem for the treasury, as the high cost in fuel will slow the economy down. Petrol prices are approaching £1.20 where I am, yet the price of oil is much lower than it was the last time we had such high prices. |
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