Budget Day

Surely the point is they are promising childcare which they won't have to pay much for as an election will just about co-incide with the start of initial plans?

So nurseries and other providers can't actually plan that far ahead, which they will need to do?

I’ve been listening to and reading a lot of owners of nurseries and they are entirely underwhelmed by the move. Apparently it will never be properly funded.

Urmstongran

Sorry to divert from the ongoing discussion. I just thought KS made sense.

Too late anyway, it’s a done deal.
The rest of the well heeled will be joyous.

It can be reversed when Labour comes into government...

The essential point about Parliament is that it cannot be 'bound' by its predecessors.

Germanshepherdsmum

Then recruitment incentives may be helpful. There was a thread the other day about the cost of childcare, the government tries to do something and, as per, is met by nothing but criticism and negativity.

What kind of incentives? We're talking about thousands of staff. There aren't thousands of people just sitting on their backsides, just waiting for the ideal opportunity to come up. They have better paid jobs, they need training or, quite frankly, just aren't suitable for working with young children - I'd be one of the latter, by the way - babies and toddlers drive me bonkers.

MaizieD

Urmstongran

Sorry to divert from the ongoing discussion. I just thought KS made sense.

Too late anyway, it’s a done deal.
The rest of the well heeled will be joyous.

It can be reversed when Labour comes into government...

The essential point about Parliament is that it cannot be 'bound' by its predecessors.

Labour would be mad to reverse it, if it actually happens. What they'll have to do is make it work, which will probably mean adequate funding.

Urmstongran

Sorry pressed send by mistake! He was saying the cap off pension contributions didn’t have to be for everyone. Target it for the doctors! The interviewer asked if that could be done (sorry don’t know what channel) and he said “yes, they did it for the Judges”.

Interesting.

So how will that work? It's not what he said in the budget speech. I listened to every word because it will affect my partner.

growstuff no.
It as Keir Starmer who said it! He was criticising Hunt’s plan saying it should have been tailored to only NHS doctors.

growstuff

Urmstongran

Sorry pressed send by mistake! He was saying the cap off pension contributions didn’t have to be for everyone. Target it for the doctors! The interviewer asked if that could be done (sorry don’t know what channel) and he said “yes, they did it for the Judges”.

Interesting.

So how will that work? It's not what he said in the budget speech. I listened to every word because it will affect my partner.

Keir Starmer has said it growstuff, here it is
www.bbc.co.uk/news/uk-politics-64972143

I guess the idea is that the parents of 9+ month year olds won't have any excuse not to work, so they won't be able to claim any benefits.

Thank you Casdon. I misunderstood. I thought Hunt had said it. Starmer is right - there are other ways senior doctors could have been targeted.

You can thank me too if you like growstuff for mentioning it.
🤣

Urmstongran

You can thank me too if you like growstuff for mentioning it.
🤣

😄

I get my state pension this year, I am thinking of having it sent direct to HMRC, as by the time it’s taxed I will see very little of it 🤣💷

growstuff

I guess the idea is that the parents of 9+ month year olds won't have any excuse not to work, so they won't be able to claim any benefits.

www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/articles/familiesandthelabourmarketengland/2021

It makes little sense to me. I’m all for financial help for young families, but I don’t see how more women will be returning to the workplace - see figure 3 on this attachment, these are the governments own figures. 75% approximately of mothers of children under 2 are working or on maternity leave already. 25% of about the UK population of 900,000 children who are under 2 but not under 9 months, is only 225,000 mothers who are not working who would potentially be incentivised to return to work. Given that many won’t want to, be able to, or are having another child in quick succession, the difference it will make is surely minimal. Call me a cynic.

Urmstongran

You can thank me too if you like growstuff for mentioning it.
🤣

Thank you muchly Urmstongran. I hadn't scrolled back and only saw the link.

GrannyGravy13

I get my state pension this year, I am thinking of having it sent direct to HMRC, as by the time it’s taxed I will see very little of it 🤣💷

It won't be taxed at all.

I don't know the basis on which you're paid, but you should also notice the difference in not having to pay NICs.

growstuff

GrannyGravy13

I get my state pension this year, I am thinking of having it sent direct to HMRC, as by the time it’s taxed I will see very little of it 🤣💷

It won't be taxed at all.

I already pay tax growstuff so as I understand it the pension will be added to my existing income for tax assessment.

NI will make a small difference.

I'm not going to call you anything Casdon. However, I am pretty sure there will be a change in benefits for parents of under 5s, who currently can claim benefits without having to look for work. The government will claim that they can leave their children with some kind of carer, so there's no reason they can't work.

NI is currently 13%, so that's quite a big difference.

The tax will be taken off any other pension or income you have - not the state pension, even though it comes to the same thing in the end.

That's why the 10% increase in pension isn't actually 10% for anybody with any other income.

Is that unreasonable? It is the government’s stated aim to get more people into work. If they don’t want to work, but are physically able to do so, should they receive benefits?

growstuff

MaizieD

Urmstongran

Sorry to divert from the ongoing discussion. I just thought KS made sense.

Too late anyway, it’s a done deal.
The rest of the well heeled will be joyous.

It can be reversed when Labour comes into government...

The essential point about Parliament is that it cannot be 'bound' by its predecessors.

Labour would be mad to reverse it, if it actually happens. What they'll have to do is make it work, which will probably mean adequate funding.

Sorry, I worded that badly. I would hope that Labour would fund it properly.

My peripheral point was that no legislation of one Parliament is set in stone. It can be changed by any subsequent Parliament

GrannyGravy13

I get my state pension this year, I am thinking of having it sent direct to HMRC, as by the time it’s taxed I will see very little of it 🤣💷

Hyperbole, GG13

Unless, of course, you're a higher rate taxpayer. Then you'll see at least half...

Germanshepherdsmum

Is that unreasonable? It is the government’s stated aim to get more people into work. If they don’t want to work, but are physically able to do so, should they receive benefits?

That is every governments aim.

It is nothing groundbreaking, it is just that this government is useless at achieving anything apart from encouraging hate and division.

They are very good at that.

MaizieD

GrannyGravy13

I get my state pension this year, I am thinking of having it sent direct to HMRC, as by the time it’s taxed I will see very little of it 🤣💷

Hyperbole, GG13

Unless, of course, you're a higher rate taxpayer. Then you'll see at least half...

Obviously you did not see the smiley emoji MaizieD I forget that jollity is frowned upon on the N & P threads.

How much tax I pay is between me and HMRC.

As the government has not put up the personal allowance, despite not having to pay NI when I do receive the state pension it will push up my tax bill.

I am not complaining by the way as paying tax is a fact of life.