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 Budget
Topic Originator: wee eck  
Date:   Wed 6 Mar 13:52

Is this start of a campaign of non-co-operation by SNP MPs?

`Eleanor Laing, the deputy speaker, is now calling a vote on certain budget measures (taxes that come into force tonight) that have to go through as soon as the budget speech is over. Normally this is down by acclamation (government MPs shouting aye), so that the Commons can get on with listening to the opposition’s response. But some MPs have forced a division (by shouting no), and there is a vote.

It seems to have been the SNP who were forcing a division.

After the speaker ignored Commons rules in a way that led to MPs not getting a vote on their Gaza motion last month, they have been talking about using more disruptive tactics at Westminster.

The division will take about 15 minutes, and then Keir Starmer will get a chance to respond to the budget.`

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 Re: Budget
Topic Originator: red-star-par  
Date:   Wed 6 Mar 13:59

Good, they should be as disruptive as possible at every available opportunity. If the people of Scotland are denied a democratic means of expressing their will, then ALL other tactics need to be utilised
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 Re: Budget
Topic Originator: Parboiled  
Date:   Wed 6 Mar 14:32

What tactics?

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 Re: Budget
Topic Originator: Parboiled  
Date:   Wed 6 Mar 14:38

The Auld Grey Toon gets £10M! How about giving the Pars a slice of that?

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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Wed 6 Mar 14:50

Quote:

Parboiled, Wed 6 Mar 14:38

The Auld Grey Toon gets £10M! How about giving the Pars a slice of that?


Only half of that Parboiled, Arbroath, Kirkwall and Peterhead £20 million each, Perth £5million.

According to Dunfermline Press site.
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 Re: Budget
Topic Originator: wee eck  
Date:   Wed 6 Mar 15:04

More good news!-

`Jeremy Hunt faces a rebellion from Scottish Tory MPs over his decision to extend the windfall tax on energy profits until 2029, with one energy minister, Andrew Bowie, reportedly considering resignation.

The chancellor has been under intense pressure to end the levy from vulnerable Scottish Tories, including Douglas Ross, the party’s Scottish leader and the MP for Moray, a north-east seat close to Aberdeen, the UK’s oil and gas industry capital. Ross confirmed he will not vote for the measure, even though Hunt did listen to his pleas for a second cut to national insurance rates – a move which benefits Scottish employees who pay higher income tax rates levied by ministers at Holyrood.

The Tories are defending three Westminster seats in north east Scotland at the next general election, including Bowie’s seat in West Aberdeenshire and Kincardine, which he holds with a wafer thin 843-vote majority over the Scottish National party. With Scottish opinion polls putting them as low as 15%, the Scottish Tories believe championing North Sea oil and gas jobs is their strongest suit – a position undermined by Hunt’s decision to extend the levy.

To their embarrassment, the Scottish Tories also have an opposition day debate at Holyrood later on Wednesday on the sector. It was intended to highlight Rishi Sunak’s boast at the Scottish Tories’ conference in Aberdeen last Friday “we have consistently been the only major party that has backed the North Sea oil and gas industry.”`

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 Re: Budget
Topic Originator: Buspasspar  
Date:   Wed 6 Mar 18:28

I missed the budget wee eck .. Did Hunt mention where the funds were coming from to finance the 2p cut in NI ? .. Or will the next Government have to try and balance the books ?

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: wee eck  
Date:   Wed 6 Mar 19:01

Bpp, I think it`s the old Tory argument that cutting taxes/NI will stimulate the economy which will result in a higher tax take etc. He has introduced new taxes eg on vapes to offset the fall in NI to some extent. He`s also made changes to non-Domiciled status which will increase the tax take there. I hope he told Mrs Sunak about that one.

I think I`m going to have to get a job so I can save some NI and feel better off!

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 Re: Budget
Topic Originator: Buspasspar  
Date:   Wed 6 Mar 19:23

Cheers wee eck ..

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: jake89  
Date:   Wed 6 Mar 21:40

Tories saving you a few quid to underfund and sell off public services they will claim are unaffordable. Get these clowns out.

Good news for Dunfermline. Let`s hope Fife Council don`t waste the money on that bloody gap site!
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 Re: Budget
Topic Originator: Buspasspar  
Date:   Thu 7 Mar 09:19

This is worth a read :-

https://www.bbc.co.uk/news/business-68498937

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Thu 7 Mar 09:47

The freezing of the personal allowance is something that is not really being highlighted, a stealth tax affecting the low paid and eventually pensioners.

Currently sitting at £12570, it is thought that if it had moved with inflation it would be sitting at over £15k.
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 Re: Budget
Topic Originator: wee eck  
Date:   Thu 7 Mar 10:12

It`s strange for a Tory budget not to favour pensioners as they tend to vote for them apparently.

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 Re: Budget
Topic Originator: Parboiled  
Date:   Thu 7 Mar 13:27

8.5 % increase to state pension, but freezing the tax free allowance will eat into that.
SNP moaning at cut in NI during FMQ’s today btw

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 Re: Budget
Topic Originator: Buspasspar  
Date:   Fri 8 Mar 08:10

The think tank said pensioners paying the basic rate of income tax will be around £700 worse off by 2027/28, compared to where they would be without the freeze.

The average taxpaying pensioner will lose around £1,000. In total, the policy will have hiked taxes for pensioners by around £8billion.

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: Buspasspar  
Date:   Sat 9 Mar 08:22

From Aunty :-

By 2027, because of cuts to National Insurance (NI) and the decision to freeze income tax thresholds, for every £1 NI cut, £1.90 will be raised in taxes.

This "fiscal drag" will mean over three million more higher-rate taxpayers, and nearly four million more low earners paying tax. On current trends, a recipient of the full basic state pension alone is also on course to have to pay tax, and perhaps fill out a tax return in 2026/27.

The government is shifting the tax burden away from workers towards all forms of income including savings and pensions.

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: The One Who Knocks  
Date:   Sat 9 Mar 09:37

I very much doubt anyone only receiving the state pension will ever have to pay tax. Ultimately with an aging population the government will need to replace the lost revenue from the disproportionate number of those working to those retired somehow. Fortunately many of the older posters on this forum are passionately socialist and progressive so won`t grumble about chipping in a bit more cash.



Post Edited (Sat 09 Mar 09:38)
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 Re: Budget
Topic Originator: red-star-par  
Date:   Sat 9 Mar 10:33

Quote:

The One Who Knocks, Sat 9 Mar 09:37

Fortunately many of the older posters on this forum are passionately socialist and progressive so won`t grumble about chipping in a bit more cash.



Hahahahahahaha
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 Re: Budget
Topic Originator: jake89  
Date:   Sat 9 Mar 10:53

Everyone`s a socialist until THEY have to pay. I don`t mind paying a bit more but that`s because I see the benefits due to having kids. In a few years I fully predict I`ll become a miserable old git who will be saying people need to learn to get in with it like I did in the 2000s. Spirit of the financial crash of 2008 and all that.
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 Re: Budget
Topic Originator: Buspasspar  
Date:   Sat 9 Mar 11:38

Topic Originator: The One Who Knocks
Date: Sat 9 Mar 09:37

I very much doubt anyone only receiving the state pension will ever have to pay tax. Ultimately with an aging population the government will need to replace the lost revenue from the disproportionate number of those working to those retired somehow. Fortunately many of the older posters on this forum are passionately socialist and progressive so won`t grumble about chipping in a bit more cash.


Iv`e noticed over the years that your not very often right Towk .. well guess what .. your wrong again .. Twice :-)) Send me your e-mail and I will send you my latest tax code notice

Also remember its 13 payments we receive every year

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: wee eck  
Date:   Sat 9 Mar 11:42

I just received my coding notice for 2024-25 this morning and my personal allowance doesn`t cover my state pension. I think that`s the first time that`s happened.

As the Good Book says - `The Lord giveth and the Lord taketh away.`

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 Re: Budget
Topic Originator: Parboiled  
Date:   Sat 9 Mar 12:00

You don’t directly pay tax on your state pension. That pension is deducted from your personal allowance, and any tax due on total income from state and occupational pensions is deducted in full from the occupational one.

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 Re: Budget
Topic Originator: wee eck  
Date:   Sat 9 Mar 12:09

That`s not the point. If I had no other income from which tax could be deducted I`d be sent a tax assessment for the tax due on my State pension.

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 Re: Budget
Topic Originator: The One Who Knocks  
Date:   Sat 9 Mar 13:43

Really Busspass your only income is the state pension? No private pension, occupational pension or any other income stream?

And although my eyes were open
They just might as well be closed
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 Re: Budget
Topic Originator: The One Who Knocks  
Date:   Sat 9 Mar 13:48

Unless your state pension is more than 12750 quid per year then you won`t be paying tax if that is your only income. Perhaps some people do get more than 12750 pounds annually as their state pension but I haven`t seen anything online to suggest that the state pension exceeds the personal allowance.

And although my eyes were open
They just might as well be closed
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 Re: Budget
Topic Originator: P  
Date:   Sat 9 Mar 14:39

From April UK pension is £221.20 a week or £11,502 a year so less than the allowance
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 Re: Budget
Topic Originator: Parboiled  
Date:   Sat 9 Mar 15:05

I’m sure Eck said he had been an accountant…

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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Sat 9 Mar 17:10

There`s many women who only have the State Pension to live off, widows especially are struggling, some only getting the lower level.

Remember that women were banned from Pension schemes when they first started work as they would probably leave to have children!

Many faced discrimination in the workplace, something that would not be tolerated in these times.

Unless you were a Glasgow Council worker trying to get equal pay!
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 Re: Budget
Topic Originator: Buspasspar  
Date:   Sat 9 Mar 17:20

My state pension exceeds the personal allowance Towk

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Sat 9 Mar 17:45

There are many guys that have just left the Yard, earning more than the personal allowance!
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 Re: Budget
Topic Originator: The One Who Knocks  
Date:   Sat 9 Mar 18:57

Do dock yard workers only have a state pension?

And although my eyes were open
They just might as well be closed
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 Re: Budget
Topic Originator: wee eck  
Date:   Sat 9 Mar 18:58

`... I haven`t seen anything online to suggest that the state pension exceeds the personal allowance.`

Well mine does.

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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Sat 9 Mar 19:06

Quote:

The One Who Knocks, Sat 9 Mar 18:57

Do dock yard workers only have a state pension?


No, but they are getting way more than I get.
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 Re: Budget
Topic Originator: The One Who Knocks  
Date:   Sat 9 Mar 19:10

In that case Wee Eck apologies to you and Busspass. Kudos to you both for paying in more than others a good few years ago, a savvy decision.

And although my eyes were open
They just might as well be closed
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 Re: Budget
Topic Originator: The One Who Knocks  
Date:   Sat 9 Mar 20:49

Edited because this isn`t the rugby thread!



Post Edited (Sat 09 Mar 20:50)
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 Re: Budget
Topic Originator: Parboiled  
Date:   Sun 10 Mar 12:05

Another wee boost- if your spouse doesn’t earn enough to use all their personal allowance they can transfer up to £1260 to yours.
Easy to do on line.

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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Sun 10 Mar 13:16

Quote:

Parboiled, Sun 10 Mar 12:05

Another wee boost- if your spouse doesn’t earn enough to use all their personal allowance they can transfer up to £1260 to yours.
Easy to do on line.


Yeah, claimed that a while ago, didn`t make up for the 6yrs my wife had stolen!
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 Re: Budget
Topic Originator: Buspasspar  
Date:   Sun 10 Mar 18:30

Towk no need to apologise .. I think wee eck and I are of similar age .. I have a really good state pension .. almost as much as my wage from being a Postie and to set the record straight .. I despise the Tory scum

We are forever shaped by the Children we once were
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 Re: Budget
Topic Originator: LochgellyAlbert  
Date:   Sun 10 Mar 19:26

Quote:

Parboiled, Wed 6 Mar 14:38

The Auld Grey Toon gets £10M! How about giving the Pars a slice of that?


And Canary Wharf gets £242 million!!

WTAF???🤬🤬🤬
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 Re: Budget
Topic Originator: jake89  
Date:   Sun 10 Mar 21:08

This is why levelling up truly is an embarrassment. Councils shouldn`t need to beg to do the basics. Seemingly Dunfermline only for the £5m because one of the Tory councillors had a word. In the meantime places like Arbroath get 4x as much and Canary Wharf gets 50x as much! The only good thing is the money MUST be spent on Dunfermline meaning Fife Council can`t do what they did last time and spend the vast majority in Kirkcaldy.

The best use of that £5m would be to either sort the high street or buy some of the long vacant buildings to convert into flats. I`d rather affordable flats but any city centre properties would be welcomed. Probably too late for the old Registrar`s, which is seemingly rotted from the inside out.
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