Are you a budget winner?

[Bing o]

I'm not.

If you lead a similar lifestyle next year, the indications are that you will be £174.36 worse off.

2008/09 2009/10 Year Difference
Alcohol 543.5 579.43 £-35.93
Tobacco 10647.52 11039.08 £-391.56
Fuel 962.99 1048.16 £-85.18
Income tax 20633.5 19937.5 +£696
National insurance 4156.15 4508.85 £-352.7
Child benefits 0 0 0
Tax credits 0 0 0
Vehicle excise duty 125 130 £-5
State pension 0 0 0

http://news.bbc.co.uk/1/hi/business/8008685.stm

[Stig]

Are you a budget winner?

Are you an MP = YES
Anyone else = NO

[Zod]

Supposedly I am better off this year by £206.96. Next year, I will be worse off by a very large amount, unless we can restructure in such a way as to keep our overseas profits outside the UK. Major UK law firms make between 30 and 60% of their profits overseas. If they can find a way legally to avoid UK tax on those profits, you can be sure they will.

[zcacogp]

For reasons that I don't understand, both Mrs zcacogp and I are budget winners according to that calculator - both because the Income Tax will have dropped a chunk. However, apart from the >£150k=50% announcement, I don't recall any announcement on income tax. Or is it just down to the annual changing of the cut-offs between the 22% and the 40% rates?

Oh, Mrs zcacogp is clobbered by NI. Which I don't understand either. But she is still a net winner.


Oli.

[spitfire-ian]

£20 a year better off for me.

[sato]

zcacogp said:

For reasons that I don't understand, both Mrs zcacogp and I are budget winners according to that calculator - both because the Income Tax will have dropped a chunk. However, apart from the >£150k=50% announcement, I don't recall any announcement on income tax. Or is it just down to the annual changing of the cut-offs between the 22% and the 40% rates?

Oh, Mrs zcacogp is clobbered by NI. Which I don't understand either. But she is still a net winner.


Oli.

I'm not sure the calculator is correct, when you put mega salaries in you still seem to come out better off.

[fido]

We are all losers in the end. I can see Fuel creeping up again, so this will offset any gains (if they exist).

[Zod]

As I predicted, they are of course removing higher rate tax relief on pension contributions, thus attacking private sector pensions yet again while continuing to guarantee massive unfunded pensions (paid for by private sector taxes) to public sector employees.

It's pure vandalism now.

[ewenm]

Allegedly £48 better off a year (but I may have under-estimated beer drinking). However, are any of us really better off with the huge levels of national debt?

[grumbledoak]

The near destruction of Sterling will make it hard for anyone to 'win' now, as food and fuel costs, then interest rates, can only go one way.

What a bunch of c***s.

[Mikeyboy]

£8 worse off but thats because of fuel duty.

Did they change the allowances for some reason?

[Bullett]

wooo better off apparently between the 2 of us.

although that difference is all tax related and still only amounts to less than a £1 a day each.

[Chris Type R]

Better off by approx £500ish a year. Can't say that I believe the figures. Not drinking or smoking does help, but even so...

[Lord Pikey]

If i was back in the uk in my old job it works out at £62.02 better off.

[zcacogp]

sato said:

I'm not sure the calculator is correct, when you put mega salaries in you still seem to come out better off.

An extreme cynic may suggest that the left-leaning BBC is telling the population 'untruths' in order to support the socialist government ....

... but I'm sure it's all an innocent mistake!


Oli.

[AJS-]

I'm a budget winner

2008/09 2009/10 Year Difference
Alcohol 0 0 0
Tobacco 0 0 0
Fuel 0 0 0
Income tax 0 0 0
National insurance 0 0 0
Child benefits 0 0 0
Tax credits 0 0 0
Vehicle excise duty 0 0 0
State pension 0 0 0

From xe.com
1 GBP = 1.11501 EUR compared to 1.12 something before the budget, and 1.50 something a couple of years ago.

My next visit to Britanistan will be cheaper

ETA: And best of all I don't have to live in a crumbling st farm run by a bunch of Trotskyite crooks

Edited by AJS- on Thursday 23 April 13:18

[chris watton]

zcacogp said:

sato said:

I'm not sure the calculator is correct, when you put mega salaries in you still seem to come out better off.

An extreme cynic may suggest that the left-leaning BBC is telling the population 'untruths' in order to support the socialist government ....

... but I'm sure it's all an innocent mistake!


Oli.

Arn't most of the BBC employees related in some way to most of the current Labour lot?

[shirt]

£5.47 worse off apparently. gutted.

[plasticpig]

Bing o said:

Alcohol 543.5 579.43 £-35.93
Tobacco 10647.52 11039.08 £-391.56

I take it you are a chain smoker? 140 cigs a day is one hell of a lot of fags.

[Mikeyboy]

chris watton said:

zcacogp said:

sato said:

I'm not sure the calculator is correct, when you put mega salaries in you still seem to come out better off.

An extreme cynic may suggest that the left-leaning BBC is telling the population 'untruths' in order to support the socialist government ....

... but I'm sure it's all an innocent mistake!


Oli.

Arn't most of the BBC employees related in some way to most of the current Labour lot?

most likely senior management etc all went to the same colleges etc. But that could be said of any corporation as over the last 20 years we have gradually crept back to the not what you know but who you know means of climbing the greasy pole.