A more balanced, less partisan analysis of the Spring budget statement. Some relatively good, & some not so great news.

https://www.instituteforgovernment.org.uk/comment/rachel-reeves-spring-statement

#RachelReeves
#OBR
#UKpolitics
#SpringStatement
#springbudget
#obrforecast
#UKpol
#UKeconomy
#fiscalrules

The #springbudget is so god damn depressing. Reducing foreign aid & how far benefits go. How is this any different to the 14 years of Tory rule they’ve been trying to distance themselves from?

I don’t care if it’s just at a local or devolved level, you just aren’t defending a left wing party any more & Neil Findlay leaving #Labour was just the start.

If any Labour member feels that they have even a shred of morality left, they’ll abandon the party that abandoned the working class. #redtories

I see Rachel Reeves thinks she can raise an extra £2bn (which in the scheme of things is not that much) from (enhanced?) tax compliance measures.... the Q. is whether cuts out the civil service (at the HMRC) make an enhancement of tax enforcement feasible, or whether this yet more fantasy economics?

If she cuts back at HMRC it'll just be more long-hanging fruit in the compliance Dept. & no real attention to catch the big (but clever) tax dodgers!

#tax #SpringBudget

"how can #politicians tell voters the truth about what may have to change, if #voters don’t understand the basics of how things work at the moment?"

https://taxpolicy.org.uk/2024/10/26/the-publics-surprising-choice-of-tax-increase-and-why-we-should-ignore-it/

#taxpolicy
#taxes
#economy
#springbudget
#UKpol
#understandingtaxes
#polling
#pollinglimitations
#taxrises

#兩邊走走｜編輯推介｜英財相「手緊」優惠無幾，預算案「少甜」選票難挽

大選前預算案不似預期。

去年的秋季聲明（Autumn Statement）提出，削減國民保險供款（National Insurance Contribution） 兩個百分點，而在今次預算案中，就再減兩個百分點，一般僱員只需要付8%，下個月生效，預計有2千7百萬人受惠。

今次預算案宣布的措施還包括，個人免稅儲蓄戶口ISA，由每年£20000，額外增加£5000，但就有投資英國相關產品的規定﹐另一項值得留意的措施，是侯俊偉取消購買多過一個物業的稅務優惠，但同時將資產增值稅，由目前28%減至24%，希望增加物業交投量和印花稅收入。不少傳媒分析都指，今次預算案向選民拉票意願不大，預計執政保守黨不會在上半年宣布大選。想知預算還有甚麼措施及外界反應，請收看EP85《兩邊走走》的編輯推介。

🎬 到 YouTube / IG Story 按連結收看

#springbudget #autumnstatement #預...
https://www.instagram.com/p/C4aPpKMKrIl/

Today's Tory #SpringBudget continues their 14 year record of austerity for public services, cuts for the Scottish budget, and handouts for their wealthy friends.

The most positive thing about it is that it will surely be their last.
https://greens.scot/news/tory-budget-a-disaster-for-scotland

Spring Budget 2023: What It Means For Small Businesses: https://lttr.ai/AIeOK

#SmallBusiness #SmallBusinessFinance #SpringBudget