2010 Budget

Grumpyoldgit · #1 22-06-2010, 12:50 PM

George Osborne has just started announcing the Budget in the Commons.

Duty and VAT on cider and beer to be abolished.

Festival tickets now deductible expense against Income Tax.

Grumpyoldgit · #2 22-06-2010, 01:16 PM

He's been talking for 3/4 of an hour and the only item which raises a smile with me is that he will introduce a bank levy. Everything else seems to benefit the haves and penalise the have nots.

whatme · #3 22-06-2010, 01:22 PM

nothing on fuel fags and beers

beside's the vat increase next year

Grumpyoldgit · #4 22-06-2010, 01:26 PM

Nice that the proposed increase in duty on cider will not now go ahead.

Grumpyoldgit · #5 22-06-2010, 01:30 PM

It is good that he is increasing the bottom band tax allowance. It has always been ridiculous that they tax with one hand and people then have to apply for benefits with the other. This will cut down on administration and should enable additional savings in the system.

Grumpyoldgit · #6 22-06-2010, 01:52 PM

Right. Bearing in mind we were warned that we would be squeezed until the pips squeaked, it was a bit limp in the end.
Having said that, most of it had been leaked so we were already softened up.
Have I missed something?

whatme · #7 22-06-2010, 01:56 PM

im just glad im not in the public secter

no pay rise for 2years.

saying that we had r 1st pay rise in 3yrs 1.75%

Grumpyoldgit · #8 22-06-2010, 02:00 PM

I was in the public sector. Just a little concerned that they don't try and stuff my pension.