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The Official DOOM: Autumn Statement (heavy tax increases)

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    #51
    Originally posted by _V_ View Post
    Ahem...

    https://www.forbes.com/sites/carlton...umn-statement/

    23% Fuel Duty Hike Starts March 2023 But Not Mentioned In U.K. Chancellor’s Autumn Statement
    The reason it wasn't mentioned is that the decision hasn't been taken. That's merely an accounting formality, indicating what would happen were the default position to be adopted (narrator: it won't be).

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      #52
      Originally posted by jamesbrown View Post

      The reason it wasn't mentioned is that the decision hasn't been taken. That's merely an accounting formality, indicating what would happen were the default position to be adopted (narrator: it won't be).
      https://www.telegraph.co.uk/politics...ssure-critics/

      Well the (default) decision is the rise, so the fact that Hunt didn't mention it being frozen, means to many (even other Tories) that a 12p a litre increase is expected and baked into the tax rises.

      First Law of Contracting: Only the strong survive

      Comment


        #53
        Originally posted by _V_ View Post

        https://www.telegraph.co.uk/politics...ssure-critics/

        Well the (default) decision is the rise, so the fact that Hunt didn't mention it being frozen, means to many (even other Tories) that a 12p a litre increase is expected and baked into the tax rises.
        That's spin. It's the usual dance, whereby the cut is due to expire and then it's magically extended:

        https://twitter.com/EdConwaySky/stat...Cywf_i0pwsAAAA

        Again, this will not happen and it's not policy, it's an OBR assumption.

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