Official budget thread

[PerfectStorm]

Threshold is from 250k profits upwards though so only NLUK affected here.

Not sure how quickly you get to 250 on 250/day inside 5 days in office roles...

[lucyclarityumbrella]

£60k annual limit on pensions updated - so £5k per month, upped from £3,333 with no tax implications.

[genius]

Isn't it 19% on 50k then 26.5% on the rest, then 25% on nluk wage

[SueEllen]

So to summarise so far:
- Get old people back in work
- Get parents back in full-time work (steal Labour's idea)

[AtW]

PDF with nasty details he “forgot” to mention -

https://assets.publishing.service.go...udget_2023.pdf

[Protagoras]

MPAA going up to £10k. Will that encourage people in receipt of taxable income from DC pensions to return to work though ...?

[David71]

As I'm now classed a disabled can I claim "Funding for up to 50,000 places on new voluntary employment scheme for disabled people"?

I'll give anything a go while I'm still capable of working as once I'm not, I'm stuffed.....

[AtW]

Pension Taper still in but increased to 10k, ridiculous really, could not even bring to allow all taxpayers save 60k per year on same conditions, why put 10k (less really since thats inc tax) into pension that can be changed later when 20k can be put into ISAs???

[sadkingbilly]

• Prison sentences for those convicted of marketing tax avoidance schemes

[David71]

"An extra £10m over next two years for charities helping to prevent suicide". Think he' sfeeling a bit guilty?

https://www.contractoruk.com/news/00...s_suicide.html

Nope, not a chance.