The NHS is nothing but a blackhole, where money can be poured in and it will disappear without trace, it all needs redesigning a lot of managers need to be got rid of, same can be said for the left wing Drs, it (the NHS) Is unfit for purpose.
@@Wearenotreallyhere I haven't watched it yet. I'm not saying you're wrong before watching, but I have a feeling you might be exaggerating based on what I've already heard from him on this. You seem to have an agenda to push.
More National debt, more personal poverty, more taxes on jobs, more taxes on personal freedoms. Liebour revert to type. As for the NHS, until it is reformed and the money is spent on actual health care and not things such as diversity managers, nothing will get better.
national debt has ALWAYS increased in Leaps and bounds during tory govts, more so than labour and taking into account real times changes in money value. Yeah yeah go on about diversity managers like the daily mail tells you to, they prob don't even exist just the Tories excuse for cutting NHS spending etc and do you really think a decision about spending billions should be made based on the odd HR appointment? Nothing will get better until you stop absorbing these ridiculous tropes of tory media.
The NHS needs unprecedented reform. Far too much being wasted and we're loosing some fantastically talented people because we can't pay them competitively
She is a fully paid up member of Labour .. I had forgotten what this station / show was about and why have abandoned it! Well done Martin for showing how it should be done but remaining neutral!
My partner and I have been saving for a deposit for 8 years. We finally have nearly enough to purchase a house in the area we live. There isn’t a single house around here that goes for less than £300k and I will now have to pay stamp duty as a first time buyer. It’s already hard enough to get on the ladder at the current prices. This just feels like a kick in the teeth
Perhaps this will push prices down. Put in offers less than you might have done. The last 10% of house prices was caused by Sunnak cutting stamp duty 3 years ago.
There isn't much you can do about that. If people are legally keeping their funds offshore then you can only get the money once it comes back into your jurisdiction. What has been done at international level is to put massive pressure on offshore hubs at OECD level to end the secrecy - they are all now obliged to keep data and automatically share it with the beneficiary owner's country of tax registration. Non-compliance isn't really an option or they are blacklisted, which makes them pretty useless as an offshore venue anyway. Those trying to operate illegally are finding far more barriers under these rules than they used to, and are pretty much on borrowed time before a leak exposes them (Panama, Pandora, plus many more).
Well stay where you are then, if you want to move then pay the stamp duty if not then stay where you are, that may send a message to the government. You have a choice.
The Queen started paying tax. No working out .I think she gave 1 or 2 million. Not sure of the other Royals. They hold property all round the world. We never hear the total money made every year.
All that will happen now so far as the NHS is concerned is this; directors, managers and other 'so-called senior people' will get a healthy (no pun intended) payrise, suppliers will charge more as they'll be aware there's more cash in the kitty and said 'important people' will be happy to sign off on these new supply-chain agreements because they've likely taken a back-hander to do so, and, before we know it....they'd have chewed through all the extra cash and soon be asking for more!! There needs to be an honest, independent and thorough investigation into where tax payers money iis actually going.
The issue with the public sector is the need for fiscal transparency. This leads to a humongous burden of paperwork, beurocracy, timesheets, micromanagement. This is costly, destroying moral at all levels in all departments. I'm not saying transparency is bad but the cost of it is huge too. Private sector has no public accountability and they take the people of this country for a ride. Go figure
As a single someone who earned 60k and my wife earned zero, not only do we pay more tax than our friends who both earn 50k each, they also get full child benifit and we get zero, yet they have over double the take home pay, when you account for income tax thresholds. Bokners. Unfair and bonkers
Yes child benefit should be based on household income. However it does make sense for individual earnings to be taxed individually - anything else gets very complicated and reduces people’s ownership over their own individual finances. Ultimately your earnings have allowed your wife to stay home - in effect your wife has been able to give the full value of her labour to the household, and if you account for that her contributions have probably been far higher than is immediately obvious. Which is to say, replacing her labour might well have cost far more than she would’ve earned with a paycheck. Your household wealth has been 60k + a full time worker. Your friends’ household wealth has been 100k, no full time workers, minus the cost of labour for housework, childcare, meals, health, and so on and so forth. I agree that the childcare benefit is counted unfairly, and completely believe you when you say finances have been difficult, though. Just wanted to add another perspective (as someone living in a very similar household setup to yours!)
@user-ed7et3pb4o i don't question the individual income btw. I think that's fine and fair. My wife stayed at home because childcare would have wiped out her income, so what's the point.
You should be ashamed of yourself even claiming when you are so wealthy and in lower income families children cant even get enough to eat. Your class probably even complain about benefit scroungers.
@@brownowl70 I could tell from the sidelines Farage hadn't got a scooby about how to actually run anything, he's always been known as a grifter that uses divisive rhetoric to garner voters and especially today where the government have caused more division than ever he's caught onto it - the people eat it up because they need a scapegoat
The government is making future generations poor, not this one. This is yet another scheme to borrow huge amounts of money on handouts and spending and leave a financial mess for future generations to bear
@@iamlegend68 except their public sector cronies of course! And even they’ll be feeling the after effects once the private sector pass on all the costs!
It needs both. Needs the money to reform. Savings will come when we can switch to a primarily disease prevention model as opposed to disease treatment. But that will take investment.
@@GlitchNectarexactly you can’t reform without investment. If you go to a home and say cut costs by 10% and don’t reduce the temperature inside. It’s impossible to do that with getting insulation, more efficient heating then it’s cheaper to run it long term. Like the nhs if you invest it new computers and software so you you need less adims long term
Just throwing more money at the NHS won't make any difference, there needs to be significant reform, something that the NHS, especially the management side, has resisted. Streeting said no more money without reform. Will it happen or has Starmer over ruled him
Having worked in the NHS it's like a leaking bucket . The more you fill it up the more you'll simply loose through the holes. Anyone in their right mind would fix the problem first .
Thats an over simplification, the price for a NHS grade socket is about £25. Then you have out of hour work due to the nature of healthcare, then you have RAM statements, testing and commissioning to be done which are mandatory, the update of facilities maintenance records, its not a simple as swapping over a socket. There will be an uplift applied by the facilities maintenance company who employs the electrician on behalf of the nhs trust.
I work for a local government. When we outsourced IT to a private provider, they were charging £1000+ flat fee for installing any software package on your system. For example, we need to install some analytic software... We pay the licence cost... Then IT services charge us £1000+ to install it for us. We can install it ourselves. Like anyone can. But they are the contracted gatekeepers. Waste like this is absolutely everywhere on the public sector. It's not teachers and staff salaries, or pensions... it's the private profit off the public contracts.
The sting on NI contributions for employers will really hurt the small business sector - once again it's favouring big multi nationals over small businesses.
There will be a knock-on effect. If employers have to pay more in NI contributions they'll have less in their wage budget, so will struggle to offer their employees a pay rise in keeping with the rising cost of living. Contrary to Labour assurances, working people will be affected.
Didn't they expand the exemptions for small businesses? If you're small, you're exempt from 5k's worth - that will be raised to just over 10k next year
They added a sellers stamp duty here in NSW, Australia and the whole property market ground to a halt. Then the government realised that they were actually getting less stamp duty than before the change so they reversed it.
I have Labour values (pre 1997) and after Blair, will never vote Labour again. This current lot are a disgrace and have shown their hand early - Labour are dead in the water...and will not recover from this.
I want to know if it’s legal that the Labour Communists have the right to go into your bank accounts to see what you’ve saved and what your spending your money on. Surely the DWP cannot be allowed to do that or the Tax department. If you’ve worked , paid tax and put a bit aside and then they’ll tax you again , totally shocking
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I have worked out that on the average wage of £30,000 this represents an extra £800 in tax to pay. By the time you get to a £45,000 salary it matches the £2,500 pay cut that the conservatives warned about before the election. Of course businesses will not pay. They will simply take it out of next year's pay rise or shed staff.
The nhs would be in a better place if all the people entering the country had something to offer rather than just taking out what hard working people have put in
Except over the last 14 yrs we've created an astonishingly unattractive country to migrate to if you 1. have skills 2. expect a decent standard of living and 3. expect a half decent wage. Particularly if you learnt English in school, grew up a 1 hour flight away in a way better functioning country, but have 27 other countries to move to without an expensive time-consuming visa process...... who in the right mind with anything to offer would migrate HERE?
Yes especially those born here go to live in the USA and Australia have plastic surgery abroad and then come back to the uk and expect us tax payers to pay for it.
Aging population has lead to far more demand for the NHS. Perversely people living longer causes the same thing - you need a lot more help from the NHS as you pass 60, 70, 80 and so on.
if you voted RED then here you are, a lovely spending spree, that we all will be paying for way into the future. benefiting all those who have just arrived here or dont work and contibute... well done
i voted labour to get the tories out, i lost my winter fuel allowance, the talk is the loss of single occupier discount on council tax and the loss of pensioner bus passes. will never vote again.
YOU need to find a way to remove your local mp. Proceedings are initiated only if an MP is found guilty of wrongdoing fulfilling certain criteria. A petition is successful if at least one in ten voters in the constituency sign. Successful petitions result in the MP vacating the seat, triggering a by-election
Surely the local election votes next year is where we can vote out labour MPs and they will lose the seats in parliament? I don't know any other way there could be to down size the labour party or trigger another general election. Reform UK is who should be in No.10
Tax upon tax upon tax. I dont understand how people are not waking up to how much you are taxed over-all.....even your food is taxed through the fuel duty used to bring it!
Tax on fuel has not been raised for ages and is not being raised now. Thank your luck you don't rely on public transport. Have a beer. Tax is going down on that. The minimum wage is rising. Allowances for carers are rising. Really only those with more discretionary money available to spend on additional assets will be taxed more e.g. on profits on those assets when sold or inheritance tax after death. Employers will be taxed more but smaller employers with have exemptions.
I'm no expert but don't the other major European economies tax their citizens much higher than in the UK? If we want a similar standard of living, then surely we have to pay for that?
I just hope I survive the next few years until I retire. My partner owns a family home in Spain. We are packing up bags and retiring there. My UK house, I'll rent, probably to some immigrant family I presume. I'm taking all my money with me. I'm not paying an unnecessary penny back into the UK. The country is longer British.
Tax in Spain is higher and you will pay it on every penny you earn from the UK. Also you won't get the continued uplift in UK state pension as a new emmigrant from the UK to Spain.
Earning £60,000 a year, regardless of being a single parent is a ridiculous figure to be able to still claim Child Benefit. That figure needs reducing and would generate plenty of income.
The main point of child benefit is to incentivise parenthood. This is not a bad thing, since fewer young people than ever are choosing to have kids, but society still needs the population at large to make that sacrifice (a population collapse is not an insignificant thing). Children are expensive at most levels of salary. For reference, ordinary early years childcare can often cost as much as £2500 per month per child (especially in areas with few options and large waiting lists) - between two kids, an absurdly high amount of that £60k pa salary will be gone, especially post tax. However, the child benefit isn’t large enough to actually work as an incentive, especially because families with 3 or more children receive much less per child. It also doesn’t necessarily work in favour of children, since the money goes straight to parents and isn’t guaranteed to benefit their kids. Much better to establish some universal minimum standards for childhood and seem to ensure that every British child is provided with them. Food - we should have free nutritious lunch in all primary schools, alongside provision that covers school holidays, because it is in our national interest to have healthy kids that grow into healthy adults. Malnutrition in the U.K. is so bad at the moment that our kids are actually growing up stunted - they are now getting shorter relative to previous generations and our Northern European counterparts. That’s just one aspect. Another important thing, which can’t be done overnight but absolutely needs to happen, is provision of free or heavily subsidised quality early years childcare across the board. Look at what the likes of Sweden, Denmark, the Netherlands, Germany, etc do and copy it. We know that lifelong inequalities in education, job opportunities, skills and earnings can largely be traced back to the first five years of a person’s life. By failing to invest in that stage of childhood and providing equal opportunities at the start, we give ourselves the biggest uphill battle for later, ending up with major social problems that cost far more money to treat at that point than would have been spent intervening early on. So yeah, the child benefit exists for a reason, but it doesn’t actually serve that purpose. However, we should still be providing real services for children across the board, including for the kids of richer parents - it’s not a bad thing for them to have the same experiences as everyone else. Some things could perhaps be mean tested but overall the cost of NOT funding these things is far larger than the cost of doing them. Save a penny, spend a pound. Spend a penny, save a pound.
No, no it really doesn't... it needs to be run like a public service, by professionals in their field who know what they are doing. Not handed to another asset sweating spiv.
Our local corner shops are at it again. They have put cigs up to £15 on day of budget. Alcohol has taken a hike in price. Loads of foodstuffs like sugar and milk are both 1-99 each many more items also
Unless it comes out of profits rather than prices. Competition should keep prices down. Wages are going up in any case and that hasn't caused an increase in inflation,. so far, despite all the grisly warnings in the Tory press.
Taking what exactly away from you? Care to specify? I guess it won't be your brain, on account of you not displaying much evidence on here of having much of one left.
Don’t forget that it’s young underpaid workers who are paying your state pension in the first place, and who will never get a state pension of their own in return!
@@AA-yc8yr what a spiteful, ignorant comment to make! When you have worked 57 years of your life (yes still working at 75), perhaps we can have an adult discussion.
@@user-ed7et3pb4o and what do you think I have been paying for all my working life - 57 years and still working. Don't you think I contributed to the pension fund of the generations before me? Please think before you speak and do not judge others until you have walked a mile in their shoes.
The freeze on the tax thresholds is a crime, lower earners reap all the benefits and those on UC etc. Middle earners diddled as per, you cant even better yourself through investments anymore with the CGT increased costs. You take the risk and if it pays off they're in your pocket for some of it. Bonkers.
Glad you agree that the government needs to open safe, legal routes for those seeking asylum, get processed quickly then they can start their new lives in this welcoming, tolerant country, obtain gainful employment that all of desperately need, and pay into the tax system which benefits both you and me. Brilliant idea. Chapeau.
Most people expect to pay tax so the various services we all rely on can run. I am sick to death of the waste and incompetence of this and previous governments who have no idea how to get value for our hard earned money.
What about the generational, just ticking over, farms, as opposed to the JClarksons tax hideaway scores ? Where, maybe, the house would be worth a packet on its own, similarly the land that makes the spread, then again, separately the equipment, if hived off and flogged off at any farmers market, but that's not how farms operate and all those things make up several generational hand downs of a working singular. These tax plans would mean any essential 1/3 would have to be disposed off thus the death knell for any medium sized family owned farm. Reminds of the way Labour got their grabbers into many of the houses and estates after the WWar years.
what a coincidence. Remove winter fuel allowance for millions of pensioners whilst raising inheritance tax at the same time. This is a very dangerous cynical government.
@@Zeberdee-t1c those pensioners include people like Richard Branson and Paul McCartney just incase you don’t realise Also a chunk of those now excluded will be included once they apply for pension credit (which some actively don’t do out of pride) And inheritance tax only effects 4% of people so 96% won’t ever be touched by it
When you earn it they tax it, when you spend it they tax it, when you save it they tax it, when you own it they tax it, when you invest it they tax it, you transfer ownership they tax it.
Doesn’t matter how much is given to NH S will never be enough what it needs is people to run and be responsible for the money and be strong enough to say how much waste there is It is so big and so many different managers running the NHS
The only way you get workers to treat tax payers money as carefully as their own is to make it worth their while. Bonuses Anybody? Paying a bonus to keep departmental costs down, without harming the health of the patient is the way forward. Forget whittling down the number of `suits` - sadly, that is `dreamland`.
Child benefit should be replaced by an equivalent increase on your tax allowance. The rich wouldn't notice the benefit and the poor would get a salary increase
@@jamesridley3596 You mean to tell me you can buy your own farmer these days? How much does one farmer cost and do you get a discount if you buy more than one?
@@sonyasmith1991 Non Dom status, Employer NI, Private School VAT, Tax Avoidance Schemes, 2nd Property Stamp Duty, Energy Company levy, Inheritance Tax on Pensions. Played into my hands a little there.
The Sunday Times Rich List 2023 states the UK currently has 171 billionaires with a combined wealth of £683.9 billion. From 2020 - 2023 it rose by £180 billion! London has 72 billionaires more than any other city in the world, and they're in no hurry to leave the UK I wonder why that is🤔
Am I the only one who thinks we should lower taxes for all businesses and high-income earners to create a tax haven, encouraging more people to set up in the uk, this allows money to flow into the country and boosting the economy and local spending ?
So it's a tory austerity budget that penalise small to medium enterprises,workers,families,especially the poorest and in true tory style,the disabled and most vulnerable are in the crosshairs of cuts
@nathijomac every excruciating word and i understand the knock on effect of every bit of that budget. The richest will get richer,and the poorest,workers and small to mediums businesses will be made poorer with n.i increases and the lowering of the threshold of esrnings that require national insurance to be paid. Also the lowering of the threshold for stamp duty on a house will mean anyone who buys a house worth £120,000 will now pay stamp duty which drags the lowest earners, who were exempt up to a house valued at £250,000 ,and £450,000 for first time buyers buying a home worth £650,000 or less.
@@ainerush8942 No, I'm pretty solid on it, my profession requires me to be. I just don't cherry pick a few sentences from a 1hr statement. Small businesses are unaffected by the Employer's National Insurance changes (estimated at 90% of businesses) - she says as much in the speech The change in stamp duty is a Tory policy, not Labour. Please tell me how you came to the conclusion that workers, families, the poor and the disabled are affected by this budget.
Are you saying that you're so bad at your job that a fresh immigrant with little to no English and no experience can replace you? Wow, that's a damning self-assessment.
So many small to medium sized businesses will be going under with the resultant loss of lower paid jobs. So much for Labour being on the side of the working class. 😢
The problem with the child benefit cut off is that couples are no longer automatically linked, it would cost a fortune to start independently means testing those in the disadvantageous single earner homes, and nigh impossible to investigate dual income couples. It’s simply a practical problem. Every system has unfairness baked in one way or another, you just have to either accept them or not. Child benefit is archaic in today’s modern benefit culture where millions of workers still get benefits, largely because they have children. Scrap it and readjust benefits.
If people had to provide the information it wouldn't. You can check against NI numbers/ask for the p60 for each person in a marriage. It's really not that hard to check up on.
Imagine if people took responsibility for their health and didn't live off processed food.. You might even then be able to get an appointment with your Doctor..
My GP surgery is full of old people not fat people. The population is aging as the baby boomers get older. The eldest people put the most demand on the NHS.
Imagine thinking health isn’t a societal issue. Imagine if people who smugly say things like this were actually the ones responsible for doing the food shopping, meal planning, cooking, clean up, lunch making, and budgeting 100% of the time for all of their meals, while working full time and earning the money to pay for it. Surprisingly, they almost never are! At the end of the day you can blame individuals for their health all you want, the fact remains that those shaming tactics don’t actually work and simply telling people to be healthier won’t actually make them healthier. It’s also an extremely naive position to take when we know that large scale social issues like stress, overworking, poor quality housing, car dependency, cost of living, lack of confident healthy food, unsafe communities, lack of access to gyms and leisure, abuse, unemployment, poverty, etc etc are all massive root causes and risk factors of societal poor health. Most obesity starts in childhood. Is an obese seven year old, living with his four siblings and alcoholic chain smoking single mother in an HMO, to blame for being unhealthy?
George, apart from the need to restore public services and fill in potholes, at the end of 2023 the UK had an annual deficit of £40bn and a national debt of £2.7tn (trillion) which cost £102bn in interest. Can we at least agree that this is a less than ideal situation whose direction of travel needs to be reversed? How would you go about sorting it?
Actually who are the schools being built for,and why are huge waiting list in hospitals, oh the people who we cant mention, who dont even pay in oh and building new homes for them also ,do we think we are f,,,ing stupd,
Hi Martin. I’m a pensioner living on a small private pension, my wife works. I currently get carers allowance for looking after my mother in law who is registered blind. I qualify for my state pension in December and have received a letter telling me that my carers allowance will cease. Surely this can’t be right, I can’t stop caring for my mother in law.
The government gets Far more than they deserve. Sack at least 75 % civil service that ignore orders anyway. Don’t let them take on weird departments eg gender/dei.
I may have misunderstood Martin but the total sdlt is the sdlt due on the purchase price plus an additional sdlt on second homes which has gone from 3% to 5% (not 3+5=8%).
What evidence do you have that these are overpaid since any wage rises have been below inflation for years while workloads have been growing and and consequently he services have found it difficult to fill vacancies and staff opt to go abroad where health service pay rates are higher?
It is a mixed bag even amongst executives. But NHS porters and cleaners have always been relatively low paid jobs and rarely if ever debated in the media.
@@user3838-c7fthey don’t mean not to spend the money on the nhs but to stop wasting and mismanaging the money, so it will actually make a huge difference.
I agree that the NHS has been badly run for 14 years, (32 billion of the NHS budget was spaffed up the wall on track and trace, How much of NHS budget was wasted on PPE contracts, and nightingale hospitals, with no staff. Now after working through covid, some of this money has been used to pay the staff a little more as they tackle the highest waiting lists ever seen, and get people back in work. Simples
Obviously nothing. To bring National Debt down, you have cut spending not increase it. These tax increases are nothing like big enough big enough to stop debt rising even faster, let alone bring debt down.
Labour - more obfuscation and weaselly lawyer words that mask the real increases to working people - Starmer & Co just couldn't be honest or truthful - I suppose its consistent even down to the feeding frenzy at the trough of freebies, gratuity and backhanders i.e. Office Furniture. Office Decoration declared but really entire personal wardrobes and designer glasses, luxury holiday mansions declared at B&B trip advisor prices !!! Then changed, months later, when caught out with rightious protestation of "admin error corrected as soon as recognised" come on they knowingly filled out the forms BOTH times. So much for Labours claims of "Fully Costed", "Special Tougher Fiscal Rules" - that last one the ink didn't have time to dry!! Black Holes - No Labour lies and more will surface.
How many times can they tax the same pound? Apparently,the answer is ‘infinitely’!
Go back 500 years. Same complaints.
This is literally how any hierarchical society with big systems of any kind works. Grow up.
@SplatterInker aaah, that makes it ok, then.....
Rather than keep pumping more money into the NHS shouldn't they start to reorganise and look at the layers of management and money being wasted😮
YES!
Labour wants more jobsworths than less, it is the party of "I'm alright jack" @113msaunders
The NHS is nothing but a blackhole, where money can be poured in and it will disappear without trace, it all needs redesigning a lot of managers need to be got rid of, same can be said for the left wing Drs, it (the NHS) Is unfit for purpose.
You’d think 🤔
Absolutely
Martin Lewis is one of the only people worth analysing the budget. You can't trust most to at least try to be impartial and apolitical.
And James Shack, Damien Talks Money,Meaningful Academy
@@franklingoodwin yep and his show tonight was pretty damning!
@@Wearenotreallyhere I haven't watched it yet. I'm not saying you're wrong before watching, but I have a feeling you might be exaggerating based on what I've already heard from him on this. You seem to have an agenda to push.
@ watch it before judging!
I wish they'd let him speak for longer
More National debt, more personal poverty, more taxes on jobs, more taxes on personal freedoms. Liebour revert to type. As for the NHS, until it is reformed and the money is spent on actual health care and not things such as diversity managers, nothing will get better.
national debt has ALWAYS increased in Leaps and bounds during tory govts, more so than labour and taking into account real times changes in money value. Yeah yeah go on about diversity managers like the daily mail tells you to, they prob don't even exist just the Tories excuse for cutting NHS spending etc and do you really think a decision about spending billions should be made based on the odd HR appointment? Nothing will get better until you stop absorbing these ridiculous tropes of tory media.
Your talking 💩
Computer says it's the truth she talks
The NHS needs unprecedented reform. Far too much being wasted and we're loosing some fantastically talented people because we can't pay them competitively
Blah blah blah.
The look of disappointment on Fogarty's face with Martin Lewis exposing all the bad news.
That's a lot of face to show a lot of disappointment.
@@johnbrereton5229 The wobble of the Harold Bishop pork scarf.
She is a fully paid up member of Labour .. I had forgotten what this station / show was about and why have abandoned it!
Well done Martin for showing how it should be done but remaining neutral!
cant stand her
My partner and I have been saving for a deposit for 8 years. We finally have nearly enough to purchase a house in the area we live. There isn’t a single house around here that goes for less than £300k and I will now have to pay stamp duty as a first time buyer. It’s already hard enough to get on the ladder at the current prices. This just feels like a kick in the teeth
@@CSMerc31 so sorry 🥺
Perhaps this will push prices down. Put in offers less than you might have done. The last 10% of house prices was caused by Sunnak cutting stamp duty 3 years ago.
It is a kick in the teeth. Labour dont want you to get ahead in life. They are jealous of you. For which you get punished. So sorry for your plight.
@@stephanguitar9778nope , the idea is for corporations like blk rock and ser co to buy them up and you rent them...check the current trend please
You have until April to avoid it, get shopping.
Why is Labour not going after tax dodging offshore corporates and individuals?😢
The same reason the tories didn't!
because that's londons only source of income
probably because, they’ve been enjoying their hospitality and gifts
There isn't much you can do about that. If people are legally keeping their funds offshore then you can only get the money once it comes back into your jurisdiction. What has been done at international level is to put massive pressure on offshore hubs at OECD level to end the secrecy - they are all now obliged to keep data and automatically share it with the beneficiary owner's country of tax registration. Non-compliance isn't really an option or they are blacklisted, which makes them pretty useless as an offshore venue anyway. Those trying to operate illegally are finding far more barriers under these rules than they used to, and are pretty much on borrowed time before a leak exposes them (Panama, Pandora, plus many more).
do you realy need an answer to that
Stamp duty on your only property is pure theft and ridiculous
If you are Muslim you don't pay at all.
@@hughtempleton5434 Utterly disgraceful!!
Well stay where you are then, if you want to move then pay the stamp duty if not then stay where you are, that may send a message to the government. You have a choice.
'Do what the government are forcing you to do basically.. that'll teach em!!' Is what you sound like.@@BlazingSaddles129
@@BlazingSaddles129What a dumb take.
The Royal Family doesn't pay inheretance tax. How rotten is that?
The Queen started paying tax.
No working out .I think she gave 1 or 2 million.
Not sure of the other Royals.
They hold property all round the world.
We never hear the total money made every year.
On their £800 billion but we pay after £320,000
@@tooyoungtobeold8756 I bet you collect the chestnuts in Royal parks.
All property is owed by state.
Crown estates.
They have there own properties.
Tax is for the poor, and the poor only. Always has been, always will.
@@PrayingMantisMantis 🔔 end
All that will happen now so far as the NHS is concerned is this; directors, managers and other 'so-called senior people' will get a healthy (no pun intended) payrise, suppliers will charge more as they'll be aware there's more cash in the kitty and said 'important people' will be happy to sign off on these new supply-chain agreements because they've likely taken a back-hander to do so, and, before we know it....they'd have chewed through all the extra cash and soon be asking for more!!
There needs to be an honest, independent and thorough investigation into where tax payers money iis actually going.
Exactly. NHS needed restructuring more than anything
Including the ongoing debt repayments.
You're missing one key thing they're planning an Mpox outbreak next year
@@clive55 Absolutely agree Clive
The issue with the public sector is the need for fiscal transparency. This leads to a humongous burden of paperwork, beurocracy, timesheets, micromanagement. This is costly, destroying moral at all levels in all departments. I'm not saying transparency is bad but the cost of it is huge too. Private sector has no public accountability and they take the people of this country for a ride. Go figure
As a single someone who earned 60k and my wife earned zero, not only do we pay more tax than our friends who both earn 50k each, they also get full child benifit and we get zero, yet they have over double the take home pay, when you account for income tax thresholds. Bokners. Unfair and bonkers
Yes child benefit should be based on household income.
However it does make sense for individual earnings to be taxed individually - anything else gets very complicated and reduces people’s ownership over their own individual finances.
Ultimately your earnings have allowed your wife to stay home - in effect your wife has been able to give the full value of her labour to the household, and if you account for that her contributions have probably been far higher than is immediately obvious. Which is to say, replacing her labour might well have cost far more than she would’ve earned with a paycheck.
Your household wealth has been 60k + a full time worker. Your friends’ household wealth has been 100k, no full time workers, minus the cost of labour for housework, childcare, meals, health, and so on and so forth.
I agree that the childcare benefit is counted unfairly, and completely believe you when you say finances have been difficult, though. Just wanted to add another perspective (as someone living in a very similar household setup to yours!)
@user-ed7et3pb4o i don't question the individual income btw. I think that's fine and fair. My wife stayed at home because childcare would have wiped out her income, so what's the point.
So wrong isn’t it
You should be ashamed of yourself even claiming when you are so wealthy and in lower income families children cant even get enough to eat. Your class probably even complain about benefit scroungers.
@@redf7209Read the post. He didn't get any benefits!
The point he was making was the ridiculous discrepancy.
Martin lewis should be chancellor😊
Definitely not
@@brownowl70 I could tell from the sidelines Farage hadn't got a scooby about how to actually run anything, he's always been known as a grifter that uses divisive rhetoric to garner voters and especially today where the government have caused more division than ever he's caught onto it - the people eat it up because they need a scapegoat
And make us pay even more tax for his various hair brained spending and handout schemes.
He's a fraud, like many other TV personalities who pray on the naivety of the people who choose to watch their nonsense
@@CEO786Please enlighten me? Can't be any worse than the last 15yrs.
Thanks Martin.
No worries mate, thanks.
The government motto should be “keeping the UK public poor every step of the way”
The government is making future generations poor, not this one. This is yet another scheme to borrow huge amounts of money on handouts and spending and leave a financial mess for future generations to bear
How has this budget made poorer people poor?
Have nothing and be happy
@@iamlegend68 except their public sector cronies of course! And even they’ll be feeling the after effects once the private sector pass on all the costs!
What would you have done differently?
NHS needs to tighten belt and sort waste
It never will. If every penny of tax revenue went on the NHS .....they would still say they didn't have enough
And internal theft and fraud. And have an enquiry into Pharma profits.
You can't have an open NHS and open borders at the same time.
@@RogerS1978Each "asylum seeker" is costing us £41,000 each, per year at the moment. And that’s growing. This is wholly unsustainable.
@RussellTurner can I get a source for this im unable to find anything that states we spend that per illegal coming in?
The NHS does not need more money. It is a poorly managed bottomless pit of a failure. It needs a complete reset
It needs both. Needs the money to reform. Savings will come when we can switch to a primarily disease prevention model as opposed to disease treatment. But that will take investment.
The NHS is virtually privatised, so the privatised outsourced businesses which have creamed the money from the NHS have totally failed, as expected.
Needs more spent on DIE training 😂😂
@@GlitchNectarexactly you can’t reform without investment. If you go to a home and say cut costs by 10% and don’t reduce the temperature inside. It’s impossible to do that with getting insulation, more efficient heating then it’s cheaper to run it long term. Like the nhs if you invest it new computers and software so you you need less adims long term
Pay shareholders and Big Pharma instead of doctors and nurses right?
Thank you. I learnt a lot, which means you both did an excellent job!
Just throwing more money at the NHS won't make any difference, there needs to be significant reform, something that the NHS, especially the management side, has resisted. Streeting said no more money without reform. Will it happen or has Starmer over ruled him
I mean, it still needs *some* money to keep going...
From my experience NHS needs more and schools need very little
Having worked in the NHS it's like a leaking bucket . The more you fill it up the more you'll simply loose through the holes. Anyone in their right mind would fix the problem first .
Fortunately, that money will be used to employ more managers to analyse how much more money the NHS will need in the next budget.
The NHS is not fit for purpose , it doesn’t matter how much money you throw at it
2:05 "What was planned will be planned but most people don't know it was planned so won't know it's happening".
Sir Humphrey, is that you?
Is he Kamala's speech writer? 🤔
Classic 😆
A friend of is an electrician.
The company he works for charges the NHS £250 to change a plug socket....yes that's £250!!!! For a £3 plug socket
Fair play to him. I'd do the same.
Thats an over simplification, the price for a NHS grade socket is about £25. Then you have out of hour work due to the nature of healthcare, then you have RAM statements, testing and commissioning to be done which are mandatory, the update of facilities maintenance records, its not a simple as swapping over a socket. There will be an uplift applied by the facilities maintenance company who employs the electrician on behalf of the nhs trust.
I work for a local government. When we outsourced IT to a private provider, they were charging £1000+ flat fee for installing any software package on your system.
For example, we need to install some analytic software... We pay the licence cost... Then IT services charge us £1000+ to install it for us.
We can install it ourselves. Like anyone can. But they are the contracted gatekeepers.
Waste like this is absolutely everywhere on the public sector.
It's not teachers and staff salaries, or pensions... it's the private profit off the public contracts.
@@JackChurchill101
Yeah and they get no tax paid for those too
Liar
How to solve the Crises in the N.H.S. in 12 Months. "All sitting M.P.s across all Parties MUST use the NHS as their Medical Care Provider"
The sting on NI contributions for employers will really hurt the small business sector - once again it's favouring big multi nationals over small businesses.
Crippling.
how is it?
There will be a knock-on effect. If employers have to pay more in NI contributions they'll have less in their wage budget, so will struggle to offer their employees a pay rise in keeping with the rising cost of living. Contrary to Labour assurances, working people will be affected.
@yetidodger6650 it's not
Didn't they expand the exemptions for small businesses?
If you're small, you're exempt from 5k's worth - that will be raised to just over 10k next year
Ms Fogarty is a Labour supporter and it shows.
Tax after saying no more tax
Reeves like Starmer is a compulsive liar
They added a sellers stamp duty here in NSW, Australia and the whole property market ground to a halt. Then the government realised that they were actually getting less stamp duty than before the change so they reversed it.
I have Labour values (pre 1997) and after Blair, will never vote Labour again.
This current lot are a disgrace and have shown their hand early - Labour are dead in the water...and will not recover from this.
Thought that after the bogus wmd and invasion of iraq but thanks to the scorn and contempt the tories held the eectorate in,they,re back.
I want to know if it’s legal that the Labour Communists have the right to go into your bank accounts to see what you’ve saved and what your spending your money on. Surely the DWP cannot be allowed to do that or the Tax department. If you’ve worked , paid tax and put a bit aside and then they’ll tax you again , totally shocking
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
Can i come with u lol
@@LuuzbelitoPirogovsky
We know you are doing spam advertising, soon there will be more here saying that woman is a magician.
Which country? 😢
I have worked out that on the average wage of £30,000 this represents an extra £800 in tax to pay. By the time you get to a £45,000 salary it matches the £2,500 pay cut that the conservatives warned about before the election. Of course businesses will not pay. They will simply take it out of next year's pay rise or shed staff.
The nhs would be in a better place if all the people entering the country had something to offer rather than just taking out what hard working people have put in
Keep eating those burgers 😂
Except over the last 14 yrs we've created an astonishingly unattractive country to migrate to if you 1. have skills 2. expect a decent standard of living and 3. expect a half decent wage. Particularly if you learnt English in school, grew up a 1 hour flight away in a way better functioning country, but have 27 other countries to move to without an expensive time-consuming visa process...... who in the right mind with anything to offer would migrate HERE?
Well said
Yes especially those born here go to live in the USA and Australia have plastic surgery abroad and then come back to the uk and expect us tax payers to pay for it.
Aging population has lead to far more demand for the NHS. Perversely people living longer causes the same thing - you need a lot more help from the NHS as you pass 60, 70, 80 and so on.
Thank goodness we have Martin to explain the detail!
What's that then? Illegal immigrants cost NOT MENTIONED?????
if you voted RED then here you are, a lovely spending spree, that we all will be paying for way into the future. benefiting all those who have just arrived here or dont work and contibute... well done
What better reason to Vote for Reform UK ?
What is their promise on taxation in detail please.
Because we're not regarded
Have they forgot we are in a cost of living crisis.
i voted labour to get the tories out, i lost my winter fuel allowance, the talk is the loss of single occupier discount on council tax and the loss of pensioner bus passes. will never vote again.
You are clearly old enough to have known better.
But you voted for exactly that
What did you expect? Do you not remember what they did last time?
And it's only the begining - anther 5 years of this crazy lot.
You should of voted UK reform
YOU need to find a way to remove your local mp.
Proceedings are initiated only if an MP is found guilty of wrongdoing fulfilling certain criteria. A petition is successful if at least one in ten voters in the constituency sign. Successful petitions result in the MP vacating the seat, triggering a by-election
Surely the local election votes next year is where we can vote out labour MPs and they will lose the seats in parliament?
I don't know any other way there could be to down size the labour party or trigger another general election.
Reform UK is who should be in No.10
Tax upon tax upon tax. I dont understand how people are not waking up to how much you are taxed over-all.....even your food is taxed through the fuel duty used to bring it!
Any solutions?
Tax on fuel has not been raised for ages and is not being raised now. Thank your luck you don't rely on public transport. Have a beer. Tax is going down on that. The minimum wage is rising. Allowances for carers are rising. Really only those with more discretionary money available to spend on additional assets will be taxed more e.g. on profits on those assets when sold or inheritance tax after death. Employers will be taxed more but smaller employers with have exemptions.
I'm no expert but don't the other major European economies tax their citizens much higher than in the UK?
If we want a similar standard of living, then surely we have to pay for that?
Tax is a reality of life in western countries. Is there a point to your comment?
@@TomUK7 UK & Sweden are the top two countries that charge more taxes in Europe
I just hope I survive the next few years until I retire.
My partner owns a family home in Spain.
We are packing up bags and retiring there.
My UK house, I'll rent, probably to some immigrant family I presume.
I'm taking all my money with me.
I'm not paying an unnecessary penny back into the UK.
The country is longer British.
Tax in Spain is higher and you will pay it on every penny you earn from the UK. Also you won't get the continued uplift in UK state pension as a new emmigrant from the UK to Spain.
@stephanguitar9778 I won't have housing costs. And I won't be living in the UK.
Sounds like a fair price to pay 👍
Again working hard is reworded by higher taxes and big cats and offshore companies are not even touched
They are by 5bn HMRC uk Gov can’t touch offshore firms as its international
@@Toodyslexicforyou offshore firms get handouts and special access
Earning £60,000 a year, regardless of being a single parent is a ridiculous figure to be able to still claim Child Benefit. That figure needs reducing and would generate plenty of income.
The main point of child benefit is to incentivise parenthood. This is not a bad thing, since fewer young people than ever are choosing to have kids, but society still needs the population at large to make that sacrifice (a population collapse is not an insignificant thing). Children are expensive at most levels of salary. For reference, ordinary early years childcare can often cost as much as £2500 per month per child (especially in areas with few options and large waiting lists) - between two kids, an absurdly high amount of that £60k pa salary will be gone, especially post tax.
However, the child benefit isn’t large enough to actually work as an incentive, especially because families with 3 or more children receive much less per child. It also doesn’t necessarily work in favour of children, since the money goes straight to parents and isn’t guaranteed to benefit their kids.
Much better to establish some universal minimum standards for childhood and seem to ensure that every British child is provided with them. Food - we should have free nutritious lunch in all primary schools, alongside provision that covers school holidays, because it is in our national interest to have healthy kids that grow into healthy adults. Malnutrition in the U.K. is so bad at the moment that our kids are actually growing up stunted - they are now getting shorter relative to previous generations and our Northern European counterparts.
That’s just one aspect. Another important thing, which can’t be done overnight but absolutely needs to happen, is provision of free or heavily subsidised quality early years childcare across the board. Look at what the likes of Sweden, Denmark, the Netherlands, Germany, etc do and copy it. We know that lifelong inequalities in education, job opportunities, skills and earnings can largely be traced back to the first five years of a person’s life. By failing to invest in that stage of childhood and providing equal opportunities at the start, we give ourselves the biggest uphill battle for later, ending up with major social problems that cost far more money to treat at that point than would have been spent intervening early on.
So yeah, the child benefit exists for a reason, but it doesn’t actually serve that purpose. However, we should still be providing real services for children across the board, including for the kids of richer parents - it’s not a bad thing for them to have the same experiences as everyone else. Some things could perhaps be mean tested but overall the cost of NOT funding these things is far larger than the cost of doing them.
Save a penny, spend a pound. Spend a penny, save a pound.
True, but alsoway to half housing costs which are the biggest drain on wages for most younger people.
So you personally want lots for nothing for you
@ this does not make sense. I personally, get what I am entitled to, without whingeing about it.
Stop the boats lots of saving there
Labour broadcasting company cut Martin Lewis off because he wasn’t saying nice things about labour.
It will push up rents, any additional costs will be passed on to tenants
All the money thrown at NHS will be wasted as usual...it needs a successful entrepreneur to manage the NHS properly.
No, no it really doesn't... it needs to be run like a public service, by professionals in their field who know what they are doing.
Not handed to another asset sweating spiv.
@@gecila1 this governments not going to do that though are they?
A whole show for Martin!
When the Bond Market looked like this last time it was "Truss collapsed the economy", what is happening now is worse.
The NHS is incredibly wasteful and not fit for purpose. We were totally let down during by the Co vid marlarkey.
Paid stamp duty all my life and never benefitted from no stamp duty . I agree with it to save taxpayers funding it
Our local corner shops are at it again. They have put cigs up to £15 on day of budget. Alcohol has taken a hike in price. Loads of foodstuffs like sugar and milk are both 1-99 each many more items also
Spend, spend, spend. It’s not clever. I’m paying too much tax currently. Madness.
You're paying too little tax.
Spending is very ok
The nation is groaning under the strain of inflation... more tax is literally insane.
£615 extra on national insurance per employee. Inflation here we come!
and plenty of job losses.
On average pay of £34,800 it is £910.
Tax rises are deflationary measures
and the NHS employs about 1,5 million people !!!
Unless it comes out of profits rather than prices. Competition should keep prices down. Wages are going up in any case and that hasn't caused an increase in inflation,. so far, despite all the grisly warnings in the Tory press.
Martin and Gary stephenson, know and cares about uk people and their finances ❤
So with pensioners they are increasing our pension money with one hand - then promptly taking it away with the other hand!? Great.
Taking what exactly away from you? Care to specify? I guess it won't be your brain, on account of you not displaying much evidence on here of having much of one left.
Don’t forget that it’s young underpaid workers who are paying your state pension in the first place, and who will never get a state pension of their own in return!
@AA-yc8yr how rude r u
@@AA-yc8yr what a spiteful, ignorant comment to make! When you have worked 57 years of your life (yes still working at 75), perhaps we can have an adult discussion.
@@user-ed7et3pb4o and what do you think I have been paying for all my working life - 57 years and still working. Don't you think I contributed to the pension fund of the generations before me? Please think before you speak and do not judge others until you have walked a mile in their shoes.
Am I missing something, which 'working people' does this budget actually benefit?
The freeze on the tax thresholds is a crime, lower earners reap all the benefits and those on UC etc. Middle earners diddled as per, you cant even better yourself through investments anymore with the CGT increased costs. You take the risk and if it pays off they're in your pocket for some of it. Bonkers.
They are ending the tax threshold freeze.
Paying someone £12.21 an hour minimum wage to pull a pint is ridiculous
Why shouldn't lower earners reap something for there hard work well off people aren't the only people who work hard
Thieves. Same old song.
Can't keep their fingers out.
I agree it should be increased. Though it was set up by the Tory's. Labour have just retained it.
Stop the boats, save money.
Rebuild the asylum system the tories decimated = fewer boats.
But that's not what you mean, is it Shaun?
Glad you agree that the government needs to open safe, legal routes for those seeking asylum, get processed quickly then they can start their new lives in this welcoming, tolerant country, obtain gainful employment that all of desperately need, and pay into the tax system which benefits both you and me.
Brilliant idea. Chapeau.
0.03% of the budget is spent on asylum seekers. That's obviously not where the big savings are.
You lost, get over it.
Lbc happy their Labour Party have conned the public once again 🤷🏽♂️🤦🏾♂️
How conned?
The conservatives were not any better.
@@heliotropezzz333 Watch the budget in full and understand it before asking people to explain..
You're both the problem neither of you get it. 🤷
@@lowfatmofat2152 thanks we needed your great wisdom on this one. you set them straight and made youtube better informed with your contribution.
Most people expect to pay tax so the various services we all rely on can run. I am sick to death of the waste and incompetence of this and previous governments who have no idea how to get value for our hard earned money.
Yes the miners got some of their money back
union
What about the generational, just ticking over, farms, as opposed to the JClarksons tax hideaway scores ? Where, maybe, the house would be worth a packet on its own, similarly the land that makes the spread, then again, separately the equipment, if hived off and flogged off at any farmers market, but that's not how farms operate and all those things make up several generational hand downs of a working singular. These tax plans would mean any essential 1/3 would have to be disposed off thus the death knell for any medium sized family owned farm. Reminds of the way Labour got their grabbers into many of the houses and estates after the WWar years.
No stamp duty if your a member of a certain religion based in the East.
Which is a lie 😂
@@jameshansing5396 has been said, plus that it is run through off shore company to avoid it ?
Not looked into it 🤔
Oooohhh watch for the inflation level in a few years. I can’t smell the 1970s around the corner!
what a coincidence. Remove winter fuel allowance for millions of pensioners whilst raising inheritance tax at the same time. This is a very dangerous cynical government.
@@Zeberdee-t1c those pensioners include people like Richard Branson and Paul McCartney just incase you don’t realise
Also a chunk of those now excluded will be included once they apply for pension credit (which some actively don’t do out of pride)
And inheritance tax only effects 4% of people so 96% won’t ever be touched by it
Do you really think those pensioners who can't afford to heat themselves have anything significant left to pass on to anyone?
@@allowit328 potentially, if they own the house they say they cant afford to heat.
pensioners are just a net loss to the economy, I just don't care
@@christiansimmons630then means test it. Or is that too much to ask this gang of hypocrites and sheisters.
When you earn it they tax it, when you spend it they tax it, when you save it they tax it, when you own it they tax it, when you invest it they tax it, you transfer ownership they tax it.
Doesn’t matter how much is given to NH S will never be enough what it needs is people to run and be responsible for the money and be strong enough to say how much waste there is It is so big and so many different managers running the NHS
That's why Reeves isn't just giving the NHS money, she's also going to look at how the funds are used
@@jaymurphs11 That part was at least encouraging.
Totally agree 👍 ..the amount of waste in terms of money is ridiculous ...too many generals and not enough people on the front line.
stopping the boats coming would help all our resources, the population can’t keep growing it’s that simple!!
The only way you get workers to treat tax payers money as carefully as their own is to make it worth their while. Bonuses Anybody? Paying a bonus to keep departmental costs down, without harming the health of the patient is the way forward. Forget whittling down the number of `suits` - sadly, that is `dreamland`.
I wish Martin was our PM
These stamp duty changes will crash the housing market.
Personally I’d move stamp duty to the seller not the buyer
@@nathanorchard201 Stop people from being able to afford to move? Fantastic. . . .
No it won’t.
@@nathanorchard201 Don't let Reeves see this, she will probably make both buyer and seller pay, doubling the tax take.
@@jivebunny3765 Really? Stop them from being able to afford to move after selling their property? You don't say.
Child benefit should be replaced by an equivalent increase on your tax allowance. The rich wouldn't notice the benefit and the poor would get a salary increase
The farming industry is going to be hit hard, and more farms will be up for sale
@@jamesridley3596 farmers or farms 😂😂😂
@@jamesridley3596 You mean to tell me you can buy your own farmer these days? How much does one farmer cost and do you get a discount if you buy more than one?
Why?
There already paying farmers not to farm.their land
@@Michelle-oj2yqand subsequently importing more and more and more food from overseas, all those air miles ☹️
The stamp duty for more than 2 houses has to be 40%, at least!
Its a tax on the working class nothing mentioned on taxing the rich no wealth tax.
inheritance tax is purely wealthy people.
Private plane duty, capital gains, inheritance tax...
@@nathijomac Not enough.
@@sonyasmith1991 Non Dom status, Employer NI, Private School VAT, Tax Avoidance Schemes, 2nd Property Stamp Duty, Energy Company levy, Inheritance Tax on Pensions.
Played into my hands a little there.
The Sunday Times Rich List 2023 states the UK currently has 171 billionaires with a combined wealth of £683.9 billion. From 2020 - 2023 it rose by £180 billion! London has 72 billionaires more than any other city in the world, and they're in no hurry to leave the UK I wonder why that is🤔
Am I the only one who thinks we should lower taxes for all businesses and high-income earners to create a tax haven, encouraging more people to set up in the uk, this allows money to flow into the country and boosting the economy and local spending ?
So it's a tory austerity budget that penalise small to medium enterprises,workers,families,especially the poorest and in true tory style,the disabled and most vulnerable are in the crosshairs of cuts
Did you listen to the budget at all?
@nathijomac every excruciating word and i understand the knock on effect of every bit of that budget. The richest will get richer,and the poorest,workers and small to mediums businesses will be made poorer with n.i increases and the lowering of the threshold of esrnings that require national insurance to be paid. Also the lowering of the threshold for stamp duty on a house will mean anyone who buys a house worth £120,000 will now pay stamp duty which drags the lowest earners, who were exempt up to a house valued at £250,000 ,and £450,000 for first time buyers buying a home worth £650,000 or less.
@@ainerush8942 if that's your takeaway, then no, you didn't listen.
@nathijomac do you just not understand economics then?
@@ainerush8942 No, I'm pretty solid on it, my profession requires me to be. I just don't cherry pick a few sentences from a 1hr statement.
Small businesses are unaffected by the Employer's National Insurance changes (estimated at 90% of businesses) - she says as much in the speech
The change in stamp duty is a Tory policy, not Labour.
Please tell me how you came to the conclusion that workers, families, the poor and the disabled are affected by this budget.
There are 2 routes to a headstone: increasing entropy or victim of taxation.🤪
Not worth working, everyone down tools....let the new arrivals get the jobs, their tax can pay for us for a change.
Go for it, you’ll soon find out it’s not all free cars and posh houses that the right wing media wants you to believe.
Dear me, You'll be chasing them off !
Are you saying that you're so bad at your job that a fresh immigrant with little to no English and no experience can replace you? Wow, that's a damning self-assessment.
@@garypatterson2857They'll be working as security guards at the supermarket.😊
So many small to medium sized businesses will be going under with the resultant loss of lower paid jobs. So much for Labour being on the side of the working class. 😢
Privatise the NHS !! It is totally out of control !!
Doubling VED on ICEs is nasty, so is the increase in Stamp Duty & tractor tax. Labour is a party of envy and poverty.
Bottom line is, this country or our leaders no longer believe in having aspirations. That will be a downfall for certain.
Our aspirations Leaders and people alike it’s for growth
The big one impacting me is the lack of change to LISA withdrawal penalties.
What leaps out? Lies.
The problem with the child benefit cut off is that couples are no longer automatically linked, it would cost a fortune to start independently means testing those in the disadvantageous single earner homes, and nigh impossible to investigate dual income couples. It’s simply a practical problem. Every system has unfairness baked in one way or another, you just have to either accept them or not. Child benefit is archaic in today’s modern benefit culture where millions of workers still get benefits, largely because they have children. Scrap it and readjust benefits.
If people had to provide the information it wouldn't. You can check against NI numbers/ask for the p60 for each person in a marriage. It's really not that hard to check up on.
Imagine if people took responsibility for their health and didn't live off processed food.. You might even then be able to get an appointment with your Doctor..
My GP surgery is full of old people not fat people. The population is aging as the baby boomers get older. The eldest people put the most demand on the NHS.
Imagine thinking health isn’t a societal issue. Imagine if people who smugly say things like this were actually the ones responsible for doing the food shopping, meal planning, cooking, clean up, lunch making, and budgeting 100% of the time for all of their meals, while working full time and earning the money to pay for it. Surprisingly, they almost never are!
At the end of the day you can blame individuals for their health all you want, the fact remains that those shaming tactics don’t actually work and simply telling people to be healthier won’t actually make them healthier. It’s also an extremely naive position to take when we know that large scale social issues like stress, overworking, poor quality housing, car dependency, cost of living, lack of confident healthy food, unsafe communities, lack of access to gyms and leisure, abuse, unemployment, poverty, etc etc are all massive root causes and risk factors of societal poor health.
Most obesity starts in childhood. Is an obese seven year old, living with his four siblings and alcoholic chain smoking single mother in an HMO, to blame for being unhealthy?
@@cad4246 Don't have to be fat to destroy your body from processed food.
Child benefit is pointless if you need financial help then its worked out in that and if you dont need help why do you need child benefits?
Why should you get it at all
In other words, the Taylor Swift fan club has shafted us
They always do!
15 years of tory rule you mean
@@dancoy09same age as you 😂
Nope..brexit voters did that
George, apart from the need to restore public services and fill in potholes, at the end of 2023 the UK had an annual deficit of £40bn and a national debt of £2.7tn (trillion) which cost £102bn in interest. Can we at least agree that this is a less than ideal situation whose direction of travel needs to be reversed? How would you go about sorting it?
Actually who are the schools being built for,and why are huge waiting list in hospitals, oh the people who we cant mention, who dont even pay in oh and building new homes for them also ,do we think we are f,,,ing stupd,
Hi Martin. I’m a pensioner living on a small private pension, my wife works. I currently get carers allowance for looking after my mother in law who is registered blind. I qualify for my state pension in December and have received a letter telling me that my carers allowance will cease. Surely this can’t be right, I can’t stop caring for my mother in law.
@@golfwobbly1958 Don't think pensioners can claim it, seem to remember a friend lost it when became a pensioner ?
@ Sounds about right Susan 😔
@@golfwobbly1958 I'll hope I'm wrong for you ..
Why does the main stream media not expose all these item not mentioned in the budget?
Being a carer for a parent with dementia I can’t go to work it’s a 24/7 how much do we get
Nothing
@@An-Alien-On-Earth oh well it’s worth asking thank you
Caring for elderly/infirm parents is so unrecognised. I've chosen to do it too. Best wishes.
Communist Britain 😡
The government gets Far more than they deserve. Sack at least 75 % civil service that ignore orders anyway. Don’t let them take on weird departments eg gender/dei.
Well that's 1% of the budget saved.
I may have misunderstood Martin but the total sdlt is the sdlt due on the purchase price plus an additional sdlt on second homes which has gone from 3% to 5% (not 3+5=8%).
Well overpaid nhs and school needs total reorganisation
What evidence do you have that these are overpaid since any wage rises have been below inflation for years while workloads have been growing and and consequently he services have found it difficult to fill vacancies and staff opt to go abroad where health service pay rates are higher?
It is a mixed bag even amongst executives. But NHS porters and cleaners have always been relatively low paid jobs and rarely if ever debated in the media.
Well she would wouldn't she
Stop wasting money in the NHS.
this.
how ? its the price we pay for public health ? switch to private healthcare system?
@@user3838-c7fthey don’t mean not to spend the money on the nhs but to stop wasting and mismanaging the money, so it will actually make a huge difference.
I agree that the NHS has been badly run for 14 years, (32 billion of the NHS budget was spaffed up the wall on track and trace, How much of NHS budget was wasted on PPE contracts, and nightingale hospitals, with no staff. Now after working through covid, some of this money has been used to pay the staff a little more as they tackle the highest waiting lists ever seen, and get people back in work. Simples
time to move from uk
this sinking ship getting worse
most small business owners i have talked too said they will close
not worth it now
Name some small business owners that you’ve talked to that are planning on leaving the uk please.
@@Swamped117 me for one why would you like to convince me to stay??
What are the doing about bringing national debt down? Genuine question
Obviously nothing. To bring National Debt down, you have cut spending not increase it. These tax increases are nothing like big enough big enough to stop debt rising even faster, let alone bring debt down.
Letting it rip
Labour - more obfuscation and weaselly lawyer words that mask the real increases to working people - Starmer & Co just couldn't be honest or truthful - I suppose its consistent even down to the feeding frenzy at the trough of freebies, gratuity and backhanders i.e. Office Furniture. Office Decoration declared but really entire personal wardrobes and designer glasses, luxury holiday mansions declared at B&B trip advisor prices !!! Then changed, months later, when caught out with rightious protestation of "admin error corrected as soon as recognised" come on they knowingly filled out the forms BOTH times. So much for Labours claims of "Fully Costed", "Special Tougher Fiscal Rules" - that last one the ink didn't have time to dry!! Black Holes - No Labour lies and more will surface.
What person buying a first home is concerned that stamp duty will apply *over* 300k? Those are the first world problems I'd love to have 😂
Lots of people!
Wealth transfer and depopulation. Agends 2030. A WEF policy.