Budget

[motorbiking]

not true

completely true.

 

[motorbiking]

Millions raised in tax increases.

Record breaking tax take.

 

[blup]

Really. So if you were in your early 60’s what would you do with your savings?

Your comment is nothing but the politics of envy

Savings can be a few quid or millions. Investment income surcharge tax is not a new invention.

 

[blup]

eVED (EV tax) will be self reporting system. With users "estimating" their mileage each year. Until a car is 3 years old there is no way to link the estimates to actuals.

I can see this initiative getting rolled out to all vehicles.

Quite a few new cars - especially ev's - have the software/apps to do this

 

[carmanmemoranda]

Agreed, but business success is linked to economic confidence. When the government destroys economic confidence, markets collapse, unemployment goes up, and consumers stop spending, which creates a vicious cycle, usually called a recession.

Putting up the minimum wage when economic confidence is already low is pouring petrol on a fire.

Are other business' in your sector making profits?

Doesn't matter how tough it gets out there, people still need products.

Cars are 1 of the 1st expenses that people cut down on, less servicing, delaying repairs, DIY, etc. But like any business if you are getting enough money in the door it's not the minimum wage rise that's the problem.

I don't buy all this markets collapsing, sorry

 

[motorbiking]

Quite a few new cars - especially ev's - have the software/apps to do this

the government aren't aware if you read their consultation paper. It will be a self assessment system.

 

[motorbiking]

Agreed, but business success is linked to economic confidence. When the government destroys economic confidence, markets collapse, unemployment goes up, and consumers stop spending, which creates a vicious cycle, usually called a recession.

Putting up the minimum wage when economic confidence is already low is pouring petrol on a fire.

We are definitely in a doom loop.

 

[carmanmemoranda]

eVED (EV tax) will be self reporting system. With users "estimating" their mileage each year. Until a car is 3 years old there is no way to link the estimates to actuals.

I can see this initiative getting rolled out to all vehicles.

There's already been details rolled out to MOT stations who will face even stiffer penalties for false reporting of mileage details

Plus cars that don't qualify for an MOT (under 3 years) then a system (and cost) is being worked on for MOT stations to officially confirm a mileage at certain dates.

Looks like it's been thought about and doesn't mean it will go retrospective to anything else

 

[carmanmemoranda]

the government aren't aware if you read their consultation paper. It will be a self assessment system.

Incorrect , as above

A section from it...

Under the plans, motorists will submit details of miles driven each year at the time their VED is due. A validation check will be then made against the mileage recorded at MOT garages.

 

[motorbiking]

Incorrect , as above

A section from it...

Under the plans, motorists will submit details of miles driven each year at the time their VED is due. A validation check will be then made against the mileage recorded at MOT garages.

OK Einstein, how will that work for cars under 3 years old?

Page 7 Drivers will estimate and pay for their mileage alongside their existing VED payments; compared to alternatives considered, this model minimises reporting requirements for taxpayers, whilst respecting motorists’ privacy. This reform will ensure a fair transition to electric vehicles.


page 16 Alongside paying their VED each year, under eVED motorists will estimate their mileage for the year ahead, pay an upfront charge based on their estimate or spread their payment across the year, and then submit their actual mileage at the end of the year to trigger a reconciliation. Motorists will have their mileage checked annually,

https://assets.publishing.service.gov.uk/media/69260d23aca6213a492dd0a2/Consultation_on_the_Introduction_of_eVED.pdf

and it applies to hybrids too.

All UK-registered EV and PHEV cars will be in scope of eVED from April 2028

Do feel free to read the consultation before commenting.

 

[festive]

22billion 22billion... repeat and fade. BOC's

Scrapping the two-child cap.. so people who work and pay taxes now bankroll every extra child in families who don’t or can’t support themselves. Larger welfare-dependent families or families accustomed to having many children will get significantly more money, and that bill lands on us workers, not them. = More votes for Labour.

That's all i need to say that speaks volumes about how inept this government is. Truly ****ed up.

 

[motorbiking]

When I had kids I asked myself - can I afford to bring them up, can the household survive while only one of is working full time in the early years. Not - more kids = free money

 

[pete01]

But but but the the conservatives had 14 years but but......

Fekinel

Edit...bloody hell that was quick

 

[Notch7]

We are definitely in a doom loop.

no we arent, we are in a government that is dealing with a doom loop of 14 years

2010 to 2019 -an austerity doom loop

2016 to 2020 -a brexit doom loop

2022 -Liz Truss trickle down doom loop


under the Conservatives wages for the lower paid stagnated all through austerity whist the richest people saw their wealth grow by a vast amount

and then it grew even faster when covid started

 

[Andydevon]

Really only a die hard lefty fool would suggest this is our future.

When I had kids I asked myself - can I afford to bring them up, can the household survive while only one of is working full time in the early years. Not - more kids = free money