Lord BJ Posted March 3 Share Posted March 3 Sunak delivering the budget as we speak. Quote Link to post Share on other sites
Lord BJ Posted March 3 Author Share Posted March 3 Income tax thresholds to increase this year then be frozen til 26. Fuel and Booze Duty frozen. Corporation tax to increase by 6% Spending big on infrastructure to try and stimulate. Quote Link to post Share on other sites
Mikey1874 Posted March 3 Share Posted March 3 (edited) First big taxes increase announced. After 2021/22 tax allowances frozen until 2026. Corporation tax from April 2023. Just profits over £250,000. Edited March 3 by Mikey1874 Quote Link to post Share on other sites
Lord BJ Posted March 3 Author Share Posted March 3 U.K. to introduce Freeport’s. They’re trying to attract investment. Quote Link to post Share on other sites
Lord BJ Posted March 3 Author Share Posted March 3 Unemployment expected to hit 6.5% Quote Link to post Share on other sites
Lord BJ Posted March 3 Author Share Posted March 3 Kier Starner is surprisingly poor. Quote Link to post Share on other sites
ri Alban Posted March 3 Share Posted March 3 Just gimme my grant. Then I can at last have the break(a week) everyone else has had over this last year on near full pay. Quote Link to post Share on other sites
Ribble Posted March 3 Share Posted March 3 95% mortgages will hopefully help the housing market too (at least help me sell my flat) Quote Link to post Share on other sites
ri Alban Posted March 3 Share Posted March 3 (edited) No grants til April for the people who haven't been able to get one. 3 months too late. Edited March 3 by ri Alban Quote Link to post Share on other sites
Nucky Thompson Posted March 3 Share Posted March 3 Rishi Sunak is impressive. You can't help but like the guy Quote Link to post Share on other sites
Awbdy Oot Posted March 3 Share Posted March 3 11 minutes ago, Nucky Thompson said: Rishi Sunak is impressive. You can't help but like the guy I've always felt that what him and folk like him are doing is reading out information, the information is decided and written by others. He does read it well though. Quote Link to post Share on other sites
Victorian Posted March 3 Share Posted March 3 (edited) Frozen allowances and bands is a reasonable way to effectively raise personal taxation. It raises the yield without increasing the burden for those who wont see a pay rise, etc. The corporation tax increase is slightly dangerous ground in terms of raising the yield but hopefully it proves effective. Edited March 3 by Victorian Quote Link to post Share on other sites
Marvin Posted March 3 Share Posted March 3 https://www.gov.uk/government/news/budget-2021-what-you-need-to-know Here's a link to Gov.uk website for more information. Quote Link to post Share on other sites
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