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Here comes the tax rises
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Old 01-11-2024, 12:01   #526
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Re: Here comes the tax rises

My brother in laws dad who is retired is £1,000+ a year worse off.


So much for NOT raising taxes, well 2029 can't come any quick so we can remove the lying party
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Old 01-11-2024, 12:15   #527
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Re: Here comes the tax rises

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Originally Posted by Hom3r View Post
My brother in laws dad who is retired is £1,000+ a year worse off.


So much for NOT raising taxes, well 2029 can't come any quick so we can remove the lying party
Did he explain how he is losing £1000 per year because of this Budget?
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Old 01-11-2024, 13:54   #528
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Re: Here comes the tax rises

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Originally Posted by Hom3r View Post
My brother in laws dad who is retired is £1,000+ a year worse off.


So much for NOT raising taxes, well 2029 can't come any quick so we can remove the lying party
I’ll take things they haven’t happened for £500 please

Also, they didn’t promise to not raise taxes they made a promise not to raise SPECIFIC taxes ie income tax and national insurance contributions for employees
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Old 01-11-2024, 14:23   #529
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Re: Here comes the tax rises

As announced at Autumn Budget 2024, the government will introduce legislation in Finance Bill 2024-25 to change the Vehicle Excise Duty (VED) first year rates for new cars registered on or after 1 April 2025. These are as follows:

zero emission cars will pay the lowest first year rate at £10 until 2029 to 2030

rates for cars emitting 1g/km to 50g/km of CO2, including hybrid vehicles, will increase to £110

rates for cars emitting 51g/km to 75g/km of CO2, including hybrid vehicles, will increase to £130

all other rates for cars emitting 76g/km of CO2 and above will DOUBLE FROM THEIR CURRENT LEVEL.

These changes will apply from 1 April 2025.

https://www.gov.uk/government/public...se%20to%20£130

Last edited by Taf; 01-11-2024 at 16:13.
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Old 01-11-2024, 14:50   #530
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Re: Here comes the tax rises

Important point - the "bold" highlighting for doubling from current level will be for new cars only…
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Old 01-11-2024, 14:55   #531
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Re: Here comes the tax rises

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Originally Posted by Hugh View Post
Important point - the "bold" highlighting for doubling from current level will be for new cars only…
Did you read the fist part of Taff's post?
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Old 01-11-2024, 15:13   #532
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Re: Here comes the tax rises

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Originally Posted by pip08456 View Post
Did you read the fist part of Taff's post?
Read
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Old 01-11-2024, 15:17   #533
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Re: Here comes the tax rises

Quote:
Originally Posted by Hugh View Post
Important point - the "bold" highlighting for doubling from current level will be for new cars only…
Yes, but it wasn’t emboldened, so I posted my comment to minimise confusion amongst those who only focused on the bit in bold…

---------- Post added at 15:17 ---------- Previous post was at 15:15 ----------

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tbf, in your neck of the woods, they believe the old duodecimal system was to match up with the locals’ number of toes…
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Old 01-11-2024, 15:33   #534
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Re: Here comes the tax rises

Quote:
Originally Posted by Hugh View Post
Did he explain how he is losing £1000 per year because of this Budget?

Yes he did
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Old 01-11-2024, 16:15   #535
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Re: Here comes the tax rises

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Originally Posted by Hugh View Post
Yes, but it wasn’t emboldened, so I posted my comment to minimise confusion amongst those who only focused on the bit in bold…)
Corrected.

My 2019 car is ULEZ compliant (Euro category Euro 6d-temp CO2 emissions rating D - 121g / km), but if it was new it would get hammered by this doubling of VED.
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Old 01-11-2024, 17:11   #536
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Re: Here comes the tax rises

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Originally Posted by Taf View Post
Corrected.

My 2019 car is ULEZ compliant (Euro category Euro 6d-temp CO2 emissions rating D - 121g / km), but if it was new it would get hammered by this doubling of VED.
If you can afford a brand new car, the VED is diddly squat.

I'd double the VED for every extra car in the household. The amount of houses with several cars and fronts paved over to make space for more is getting silly.
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Old 01-11-2024, 17:48   #537
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Re: Here comes the tax rises

I wasnt aware of this until today

Quote:
The NHS and rest of the public sector are exempt from the [National Insurance] tax rise.

---------- Post added at 17:45 ---------- Previous post was at 17:45 ----------

Quote:
Originally Posted by Hom3r View Post
My brother in laws dad who is retired is £1,000+ a year worse off.
How ?

---------- Post added at 17:48 ---------- Previous post was at 17:45 ----------

Quote:
Originally Posted by mrmistoffelees View Post
Also, they didn’t promise to not raise taxes they made a promise not to raise SPECIFIC taxes ie income tax and national insurance contributions for employees
I thought the promise was not to raise them for working people ?
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Old 01-11-2024, 17:52   #538
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Re: Here comes the tax rises

So how do they distinguish between those employed by the public sector and outsourcing where they're still working for the public sector?
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Old 01-11-2024, 17:55   #539
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Re: Here comes the tax rises

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Originally Posted by nomadking View Post
So how do they distinguish between those employed by the public sector and outsourcing where they're still working for the public sector?
They dont, apparently.

https://www.bbc.com/news/articles/cgl409gww1go
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Old 01-11-2024, 18:00   #540
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Re: Here comes the tax rises

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GPS have always been separate from the NHS.
I was thinking more along the lines of outsourced council services such as rubbish collection.
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