Governments First Budget

I understood the thresholds would remain frozen until 2028-9 tax year MaizieD and then be raised by inflation.

So not so much jam tomorrow but in three and a half years time! And don’t celebrate too soon folks as it’ll mean less than a pound a week…

Surprised that putting up employers National Insurance by about 1.7%, would increase Government revenue by anywhere near £25 billion.
But if that is what she says, then I guess is must be true.

Precious little on social care.. very short sighted IMO.. though overall I think her budget has many good points..

I think I think the same.

Though was probably not listening so well at the end, so not at all sure what will be included in the increase of £22bn to the NHS budget[assuming I have understood things correctly].

After a few weeks of people knocking/mocking the term "working people" - what term did Sunak use? Yup, that's right - "working people".

fancythat

I think I think the same.

Though was probably not listening so well at the end, so not at all sure what will be included in the increase of £22bn to the NHS budget[assuming I have understood things correctly].

to all - if you got to the BBC I player feed, it lists the whole of what is in the budget and the reply to the budget step by step to fact check

www.bbc.co.uk/news/live/cp9zrg128get

On NHS

"Speaking on the NHS, Reeves says that there will be a 10-year plan to address the health system in the spring. The NHS will receive new funding under this Budget, she adds.

She announces a £22.6bn increase in the day-to-day health budget,

and a £31bn increase in the capital budget, which she says is the largest increase in spending outside of Covid since 2010.

(ie its not going to be included in the day by day moves to improve services across the board

"The measures will bring down waiting lists and increase the capacity for procedures in the NHS."

No mention of the 8 in the morning farce where if you get through to the doctors you have a slight chance of getting an appointment if you get through before nine She says there will be more tests only if appoints are allowed in the first place

growstuff

Allira

Mollygo

Improving the life of my DGD will not immediately become apparent when her bus fare becomes £30pw. Easier if you live in an IGO area, but she doesn’t.

I was surprised that bus fares have to be paid for to attend FE College here; when I asked if DGD should get a pass, DS said no, they had enquired, even though the local schools have no sixth form.
Another expense for parents.

It's not just wherever you are. 16-18 year olds have to pay for transport everywhere.

Yet 16-18 year olds must remain in education or training.

TakeThat7

No mention of the 8 in the morning farce where if you get through to the doctors you have a slight chance of getting an appointment if you get through before nine She says there will be more tests only if appoints are allowed in the first place

Not quite right.

The plan is to move more money towards primary care. This of course means that GPS will be one of the beneficiaries.

NotSpaghetti

growstuff Allira and Mollygo
The bus passes to colleges always used to be a "discounted" fare in our area. My daughter says it's the same in hers.

5-15s are discounted but 16+ is not in this area.
However, the school bus is more expensive.

Wyllow3

fancythat

I think I think the same.

Though was probably not listening so well at the end, so not at all sure what will be included in the increase of £22bn to the NHS budget[assuming I have understood things correctly].

to all - if you got to the BBC I player feed, it lists the whole of what is in the budget and the reply to the budget step by step to fact check

www.bbc.co.uk/news/live/cp9zrg128get

On NHS

"Speaking on the NHS, Reeves says that there will be a 10-year plan to address the health system in the spring. The NHS will receive new funding under this Budget, she adds.

She announces a £22.6bn increase in the day-to-day health budget,

and a £31bn increase in the capital budget, which she says is the largest increase in spending outside of Covid since 2010.

(ie its not going to be included in the day by day moves to improve services across the board

"The measures will bring down waiting lists and increase the capacity for procedures in the NHS."

Thank you

Am I right in thinking I heard that there is to be a 2% drop in funding for many government funded departments.
Not NHS, nor schools?
But prisons, police etc etc

Casdon

Hooray on the personal tax thresholds!

Yes.

There is a lot of good news in this budget. I will need to take it all in, as it was a lot of information in a short time, but having checked the précis online I can't see any of the things Rishi Sunak was on about. Tax on savings, tax on mortgages, what else did he say was going up? I can't find any reference to any of that.

I was pleased to see that carers can earn more before losing their allowance, and that people affected by the infected blood and the PO Horizon scandals will be compensated.

It is also good to see that there will be crackdowns on those who don't pay their taxes, but I would like more detail on the access to bank accounts. RR did say that HMRC can access accounts 'to recover unpaid taxes', but after Therese Coffey's attempts to grant them access to pensioners' accounts I hope that is the limit to their permissions.

The IHT changes are very limited, so the media scaremongering was wrong there, too. As far as I can tell, it's only plugging the loophole whereby people could shelter money in a pension pot for purposes of inheritance that has changed. I missed the detail about agricultural IHT, but she did say that family farms would be unaffected.

Tax on private jets will affect very few of us, but is nevertheless good for the environment. Scrapping non dom status is again not something that will make a difference to many, but seems to be a sensible move.

The NHS, schools, social care and homelessness are all going to get more money, but again, I missed the detail.

As people have said, we will need to listen to the analyses and read the detail more carefully, but at first glance I think RR did well.

Wyllow3

After a few weeks of people knocking/mocking the term "working people" - what term did Sunak use? Yup, that's right - "working people".

Of course he did. It’s the in phrase now thanks to KS.

paddyann54

growstuff bus travel is free for all hildren and young adults up to age 22 here It saves parents money and time and keeps old bangers and boy racers off the roads .We do pay a bit more in tax but isn,t that what a progressive government is? My friend who is a nurse says she pays just £4 a month more tax than her equivalent nurse in England but she gets far more back in free uni free personal care for her mother and free travel for her school age son.
If Scotland is doing this on a FIXED BUDGET why with Englands ability to print money ( used in strange ways and given to friends) aren’t,t they helping the people at the bottom of the tree instead of spending it on stupid stuff

There are plenty of old bangers and boy racers on Scotland's pot holes roads. It's odd that with all these supposed "free" benefits that the SNP were decimated at the last general election, now rule as a minority government in Holyrood, can't attract members and suffering a massive drop in support and hence funding. Take the rose tinted specs off.

Pantglas2

I understood the thresholds would remain frozen until 2028-9 tax year MaizieD and then be raised by inflation.

So not so much jam tomorrow but in three and a half years time! And don’t celebrate too soon folks as it’ll mean less than a pound a week…

I was cheering the principle of uplifting it in line with inflation, because there were strong rumours coming from the analysts that it wouldn’t happen during this parliament.

Mollygo

Wyllow3

After a few weeks of people knocking/mocking the term "working people" - what term did Sunak use? Yup, that's right - "working people".

Of course he did. It’s the in phrase now thanks to KS.

If Sunak had thought it was in anyway inappropriate he certainly wouldn't have "copied" it.

He would have used/termed his own phrase to emphasis the difference.

Extra NHS beds and more appointments will not be possible without more trained staff.
Where are the staff to come from?

If IHT is to be paid on family farms how will this affect food prices?
There are few governments which ever seem to understand farming.

fancythat

Am I right in thinking I heard that there is to be a 2% drop in funding for many government funded departments.
Not NHS, nor schools?
But prisons, police etc etc

Thank you Doodle for that summary above.

Yes it will be good to have details on where the 2% cuts are but I didn't catch all the budget re police, prisons.

Casdon

Pantglas2

I understood the thresholds would remain frozen until 2028-9 tax year MaizieD and then be raised by inflation.

So not so much jam tomorrow but in three and a half years time! And don’t celebrate too soon folks as it’ll mean less than a pound a week…

I was cheering the principle of uplifting it in line with inflation, because there were strong rumours coming from the analysts that it wouldn’t happen during this parliament.

I'd have given it a bigger 'hooray' if she'd started raising them from next April.

After all, all this new money for investment, NHS etc will inevitably raise the tax take. She could have been a bit more generous on the thresholds.

Whitewavemark2

winterwhite re- paying for services.

That is the nub isn’t it?

That is the choice.

1. A society where tax is at a minimum but you are expected to support yourself in every area of your life except, perhaps, primary education, defence and security etc.

Or

2. A society where tax is paid at a level that gives security to every citizen regardless of ability. So health, care, education, public services, safety nets etc, are there. Investment in wider society like local amenities, good access to parks etc,

I prefer the latter - personal choice.

Well said, I think it sums things up.

I've only had a quick look as I'm busy baking to take on holiday tomorrow.

I'm pleased the NHS is being given priority, especially diagnostic centres to speed things up. I just hope they can find enough staff to fill the vacancies.
I'm a bit miffed that she said most things can’t be put in place until next year or even later, yet she can immediately clobber parents with the 20% VAT on school fees from the start of next term. That's mean. Hey ho. I'll put up and maybe shut up now!

Allira

Extra NHS beds and more appointments will not be possible without more trained staff.
Where are the staff to come from?

If IHT is to be paid on family farms how will this affect food prices?
There are few governments which ever seem to understand farming.

We'll need to see the 10 year plan tba on NHS staffing.

the current rules on farms are

" Once you have farmed for more than two years, most working farms are able to pass from one generation to the next with no or reduced inheritance tax being payable"

I dont recall a new tax on farms being mentioned in the budget at all?

Why have they cut one penny off a pint of draught beer?
Is it an old fashioned idea that a working man drinks pints and will be grateful for saving a penny off it?
All the younger ones drink bottled lagers these days.
Would draught lager count as beer?

Cross Post Allira re staffing. I didn't read yours, busy with a piping bag (looks like worms!).