Reply to: Income Tax

[Churchill]

£170.07 Better off!

Actually the above is a lie as my Council Tax has gone up 5.9%!

[BoredBloke]

"Not on Dividends though"

Not just yet! Give hime time.

[Royston Vasey]

Did you not see that the NI upper band is being moved to 43k as well - i.e. more NI to be paid?

Gives with one hand, takes away with the other

Not on Dividends though

[Euro-commuter]

Won't all contractors be 2 or 3 grand worse off/year (gradually increased corp tax)? Or am I the only one stuck in the "small companies" band of < 300K per year?

There are also sinister mutterings about dividends and national insurance - I expect tomorrow we will find that it is a LOT worse.

284 worse off.

[hugebrain]

bad for us

Won't all contractors be 2 or 3 grand worse off/year (gradually increased corp tax)? Or am I the only one stuck in the "small companies" band of < 300K per year?

There are also sinister mutterings about dividends and national insurance - I expect tomorrow we will find that it is a LOT worse.

[kirk]

£19.05 worse off! Mainly due to Alcohol and Fuel - maybe if I brew my own and start to shi* in my diesel fuel tank I will be laughing

Oh yeah and apparantly "Green Households" are getting tax breaks - I wonder what my neighbours will think if I give my flat a lick of lime paint

[lilelvis2000]

Around £300 better off. Enough for a McDonalds meal and a ice cream each week!

[~Craig~]

£386 per year better off

[Ennui]

£407 a year better off (in theory). I'm sure that and more will be swallowed up by the other increases.

[ZZZZ Snoozer]

according to the BBC budget calculator, I'm going to be £300/yr better off...

http://news.bbc.co.uk/1/shared/bsp/h...calculator.stm

£59.8 better off (a year, not a week) that's 15p a day - big f****** deal

[chef]

£115 better off

Chef in "off to buy some steak for dinner" mode

[chicane]

£93.91 worse off. Yay.
Thanks Gordo, for hitting the middle classes hardest.

[ratewhore]

according to the BBC budget calculator, I'm going to be £300/yr better off...

http://news.bbc.co.uk/1/shared/bsp/h...calculator.stm

[bobhope]

Did you not see that the NI upper band is being moved to 43k as well - i.e. more NI to be paid?

Gives with one hand, takes away with the other

[Weltchy]

Think i'll be increasing my rates to reflect the changes put forward by the budget come my next contract renewal in May....