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Post by thebet365 on Oct 30, 2024 13:09:23 GMT
Fair play that Employment Allowance jump will help a lot of small businesses
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Post by salopstick on Oct 30, 2024 13:09:57 GMT
Reeves announces that National Insurance contributions by employers will rise from 13.8% to 15%. - In addition, the threshold at which businesses start paying National Insurance on a workers' earnings will be lowered from £9,100 to £5,000.
That will help small business
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Post by oggyoggy on Oct 30, 2024 13:14:14 GMT
Cutting draft alcohol duty! Cheaper beer in pubs!
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Post by iancransonsknees on Oct 30, 2024 13:14:16 GMT
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Post by emretezzy on Oct 30, 2024 13:15:51 GMT
Any news on Corporation Tax?
Just need to know whether to pack my bags for Monday?
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Post by oggyoggy on Oct 30, 2024 13:17:11 GMT
3% SDLT surcharge to buy a second home up to 5%. Brilliant.
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Post by thebet365 on Oct 30, 2024 13:17:30 GMT
Any news on Corporation Tax? Just need to know whether to pack my bags for Monday? They confirmed weeks ago they weren't messing with Corp tax. |
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Post by iancransonsknees on Oct 30, 2024 13:18:33 GMT
Cutting draft alcohol duty! Cheaper beer in pubs!  |
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Post by oggyoggy on Oct 30, 2024 13:20:41 GMT
She is removing the freeze on NI and income tax thresholds after the period announced by the tories. So they go up in line with inflation again from 2028. Better to start that straight away but still good.
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Post by oggyoggy on Oct 30, 2024 13:25:30 GMT
40% business rate reliefs for retail hospitality and leisure. Excellent
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Post by iancransonsknees on Oct 30, 2024 13:25:46 GMT
She is removing the freeze on NI and income tax thresholds after the period announced by the tories. So they go up in line with inflation again from 2028. Better to start that straight away but still good. Why can't she remove them now, just because it's already costed into budgets? |
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Post by oggyoggy on Oct 30, 2024 13:27:32 GMT
She is removing the freeze on NI and income tax thresholds after the period announced by the tories. So they go up in line with inflation again from 2028. Better to start that straight away but still good. Why can't she remove them now, just because it's already costed into budgets? I agree, but everyone was critical of labour in the build up saying she would extend them. At least she has committed to ending the freeze on them. That’s better than nothing I suppose. |
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Post by questionable on Oct 30, 2024 13:29:43 GMT
But won’t prices go up as employers have to pay more wages and NI contributions |
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Post by oggyoggy on Oct 30, 2024 13:30:28 GMT
But won’t prices go up as employers have to pay more wages and NI contributions 40% cut to business rates will help |
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Post by iancransonsknees on Oct 30, 2024 13:32:33 GMT
But won’t prices go up as employers have to pay more wages and NI contributions It's only on draught anyway, if you drink fancy cans or spirits it's no use. Better than nowt. It's all smoke and mirrors, give with one hand, take away with the other. It's like being married. |
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Post by questionable on Oct 30, 2024 13:34:54 GMT
But won’t prices go up as employers have to pay more wages and NI contributions It's only on draught anyway, if you drink fancy cans or spirits it's no use. Better than nowt. It's all smoke and mirrors, give with one hand, take away with the other. It's like being married. Oh great Estrella goes down to £7.09 a pint then in our local |
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Post by oggyoggy on Oct 30, 2024 13:38:10 GMT
But won’t prices go up as employers have to pay more wages and NI contributions It's only on draught anyway, if you drink fancy cans or spirits it's no use. Better than nowt. It's all smoke and mirrors, give with one hand, take away with the other. It's like being married. Sounds like you need a good divorce lawyer 😉 |
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Post by salopstick on Oct 30, 2024 13:40:08 GMT
She is removing the freeze on NI and income tax thresholds after the period announced by the tories. So they go up in line with inflation again from 2028. Better to start that straight away but still good. if it goes up by inflation in 2028 thats only £375 raise they wont compound it - it will be years before we notice a substantial raise in our allowance |
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Post by oggyoggy on Oct 30, 2024 13:43:06 GMT
She is removing the freeze on NI and income tax thresholds after the period announced by the tories. So they go up in line with inflation again from 2028. Better to start that straight away but still good. if it goes up by inflation in 2028 thats only £375 raise they wont compound it - it will be years before we notice a substantial raise in our allowance Yes, but considering they were criticised for supposedly extending the freeze in this budget, it isn’t all bad on that point. |
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Post by Gawa on Oct 30, 2024 13:43:42 GMT
She is removing the freeze on NI and income tax thresholds after the period announced by the tories. So they go up in line with inflation again from 2028. Better to start that straight away but still good. Will student loans also go up in line with that too? Or will we continue to pay 10% of all our earnings to pay off interest on everything over 20k or whatever it is. So basically anyone on minimum wage these days. |
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Post by wannabee on Oct 30, 2024 13:43:59 GMT
Reeves announces that National Insurance contributions by employers will rise from 13.8% to 15%. - In addition, the threshold at which businesses start paying National Insurance on a workers' earnings will be lowered from £9,100 to £5,000. That will help small business It actually will if you had listened to the full package of measures The Employment Allowance will be raised from 5,000 pounds to 10,500 pounds meaning 865,000 employers would not pay ANY National Insurance next year and a further million employers will pay the same next year as this year. It's called placing the burden on those with the broadest shoulders - large employers. |
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Post by salopstick on Oct 30, 2024 13:45:53 GMT
Cutting draft alcohol duty! Cheaper beer in pubs! 1p might as well kept it the same inflation, minimum wage, increased NI etc will soon push it up |
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Post by riverman on Oct 30, 2024 13:46:13 GMT
Assuming bar staff earn minimum wage where do you think the money to pay for the rise in that will come from? The Lord giveth the Lord taketh away. |
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Post by salopstick on Oct 30, 2024 13:48:19 GMT
nothing in there really helps the average working family
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Post by wannabee on Oct 30, 2024 13:53:49 GMT
nothing in there really helps the average working family The biggest real terms increase to NHS Annual Budget and Capital Budget since 2010 I'd suggest helps the average working family |
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Post by salopstick on Oct 30, 2024 13:55:40 GMT
Reeves announces that National Insurance contributions by employers will rise from 13.8% to 15%. - In addition, the threshold at which businesses start paying National Insurance on a workers' earnings will be lowered from £9,100 to £5,000. That will help small business It actually will if you had listened to the full package of measures The Employment Allowance will be raised from 5,000 pounds to 10,500 pounds meaning 865,000 employers would not pay ANY National Insurance next year and a further million employers will pay the same next year as this year. It's called placing the burden on those with the broadest shoulders - large employers. not all large employers make shit loads a business of 200 people making a living, investing small profit back in the business now finds it self a whole lot worse off that may limit employing more and having less money to invest back in for massive corporations fine but these smaller business that are the backbone of communities not so much |
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Post by starkiller on Oct 30, 2024 13:56:44 GMT
It's only on draught anyway, if you drink fancy cans or spirits it's no use. Better than nowt. It's all smoke and mirrors, give with one hand, take away with the other. It's like being married. Oh great Estrella goes down to £7.09 a pint then in our local Buy 710 pints, get one free. |
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Post by emretezzy on Oct 30, 2024 13:56:53 GMT
What have the markets done?
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Post by wannabee on Oct 30, 2024 13:57:18 GMT
It will be difficult to dispute the Political Choices Reeves has made, although I'm sure some will attempt to do so.
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Post by oggyoggy on Oct 30, 2024 13:59:46 GMT
The markets have not reacted badly which is good
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