Horrors of their first budget.

[WTFH]

According to the calculator on the Guardian, I will be about a tenner worse off cos of the duty on spirits and the amount of gin I drink.

Are you sure? You know the calculator is in measures of gin, not bottles

[youngguy]

Posted in wrong place

[ladymuck]

Are you sure? You know the calculator is in measures of gin, not bottles

Maybe I should double check

[youngguy]

My Google fu may be white belt as I can't find an answer (and my accountant may consider this financial advice).

Can you have two companies sal sacrificed into your pension up to 60k? My ltd is still open due to doing a tiny bit of work and it has a larger than I'd like (especially at 18%) sum in it.

Unless I take it out now at 45% or close ltd and put the side hustle via brolly (income tax at 45,%) my only other option is to put some into my pension from the ltd. However I already sal sacrifice about half the allowance via PAYE.

so my Q is, can my ltd cover the other amount and pic up any deficit from the last 3 yrs?

[willendure]

so my Q is, can my ltd cover the other amount and pic up any deficit from the last 3 yrs?

I think it can, but not a definitive answer. Best check with your accountant.

[willendure]

I see this budget as a positive for outside contractors. Workers just got more expensive, and the workers rights bill is still to come, which will make them more expensive and risky too. Gotta be some positives in it for people like us.

[oliverson]

That right there, folks, is your lesser spotted conspiracy cretin. Preferred habitat: low IQ slurry. Diurnal habits: generally found whining about leaving the UK, but too thick for a passport.

Nope, he/she is 100% correct.

[vetran]

According to the calculator on the Guardian, I will be about a tenner worse off cos of the duty on spirits and the amount of gin I drink.

over 14 units a week??? you sinner!

[Snooky]

Nope, he/she is 100% correct.

About which part?

[dsc]

According to the calculator on the Guardian, I will be about a tenner worse off cos of the duty on spirits and the amount of gin I drink.

Used it as well and as I don't drink or drive much (or drink and drive) I'm £0 better / worse off. Odd calc though I have to say, asks about earnings / cars / booze and kids.