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The budget.

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Pete On March 28, 2012
Master of Unlocking





Central Scotland, United Kingd
#1New Post! Jun 22, 2010 @ 12:36:45
Here are some of the key points. . .

# VAT to rise from 17.5% to 20% from 4 January next year
# Income tax allowance to rise by ?1,000
# No rise in alcohol, tobacco or fuel duties
# Child benefits frozen for three years; medical examination for new disabilities living allowance claimants
# Link between basic state pension and earnings to be restored
# Capital gains tax for higher rate tax payers to rise to 28%
# Two-year pay freeze for public sector workers earning more than ?21,000
# Levy imposed on banks

https://news.bbc.co.uk/1/shared/bsp/hi/politics/live_event/

What are your oppinions?
davii On January 14, 2013
I'm Awesome


Deleted



London, United Kingdom
#2New Post! Jun 22, 2010 @ 12:44:32
Are the rumours I'm hearing about VAT going up to 20% true
hedkandi1984_21 On July 23, 2013




London, United Kingdom
#3New Post! Jun 22, 2010 @ 12:56:33
They're not rumours, it was just confirmed on the budget
nooneinparticular On March 16, 2023




, Hawaii
#4New Post! Jun 22, 2010 @ 12:57:20
@davii Said

Are the rumours I'm hearing about VAT going up to 20% true


No idea, but a mod posted saying yes, and had a link to bbc.

Look for it in the current news forum.
davii On January 14, 2013
I'm Awesome


Deleted



London, United Kingdom
#5New Post! Jun 22, 2010 @ 13:01:21
Just caught the last knockings of it on the BBC
TheMightyOz On March 17, 2015
Awooga!





Luton, United Kingdom
#6New Post! Jun 22, 2010 @ 13:25:36
I must remember to buy everything I'll ever need before 4th January!
claudibeee On July 06, 2014
Pagan and proud





, United Kingdom
#7New Post! Jun 22, 2010 @ 13:33:32
I'd like to see some idle, filthy-rich bastards (and footballers ) taxed out of existence and non-doms have all their assets frozen until they agree to give huge amounts of their ill-gotten gains to worthy causes. Sorry, I'm hot and it makes me moody.
hedkandi1984_21 On July 23, 2013




London, United Kingdom
#8New Post! Jun 22, 2010 @ 13:41:28
@Pete Said

Here are some of the key points. . .

# VAT to rise from 17.5% to 20% from 4 January next year
# Income tax allowance to rise by ?1,000
# No rise in alcohol, tobacco or fuel duties
# Child benefits frozen for three years; medical examination for new disabilities living allowance claimants
# Link between basic state pension and earnings to be restored
# Capital gains tax for higher rate tax payers to rise to 28%
# Two-year pay freeze for public sector workers earning more than ?21,000
# Levy imposed on banks

https://news.bbc.co.uk/1/shared/bsp/hi/politics/live_event/

What are your oppinions?


I agree with most of these measures. I think the only ones I'm not happy about are the pay freeze on public sector workers and the VAT rise. Especially the pay freeze! ?21k is not a whole lot if you have a family to support.
leeberttea On July 24, 2010

Deleted



Oxford, Illinois
#9New Post! Jun 22, 2010 @ 13:51:46
Ah yes! The VAT is coming to the USA soon thanks to Obama!
raditz On April 20, 2024
Blah





Houston, Texas
#10New Post! Jun 22, 2010 @ 13:53:05
Ha ha! lol

But don't worry about it, I'm sure the free stuff you get from the government is worth every penny.
plebian_angel On April 25, 2012
Intergalactic hussy





a great future,
#11New Post! Jun 22, 2010 @ 13:57:34
I didn't realize VAT was so high. When I order from the UK lush I get about 10% off the cost of items since I don't have to pay it. That explains why it's so high of a discount!
leeberttea On July 24, 2010

Deleted



Oxford, Illinois
#12New Post! Jun 22, 2010 @ 13:58:35
Yeah... personally I'd rather keep my money!
davii On January 14, 2013
I'm Awesome


Deleted



London, United Kingdom
#13New Post! Jun 22, 2010 @ 13:58:48
@plebian_angel Said

I didn't realize VAT was so high. When I order from the UK lush I get about 10% off the cost of items since I don't have to pay it. That explains why it's so high of a discount!


I'm surprised there's anything in the UK that people from the States etc would want to buy - stuff is so much cheaper on the other side of the pond
plebian_angel On April 25, 2012
Intergalactic hussy





a great future,
#14New Post! Jun 22, 2010 @ 14:04:07
@davii Said

I'm surprised there's anything in the UK that people from the States etc would want to buy - stuff is so much cheaper on the other side of the pond



The lush isn't The products and the shipping are way cheaper! And I still get my stuff in a week.
But everything else does seem to be same price or more I agree.
SparklyKatie On March 07, 2014
\m//O_O\\m/





Sheffield, United Kingdom
#15New Post! Jun 22, 2010 @ 17:48:24
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