Britain’s budget deficit has dropped to the lowest level since before the financial crisis, laying the ground for Philip Hammond to raise government spending on public services later this year.
The Office for National Statistics said public sector net borrowing, excluding the state-owned banks, dropped by £3.5bn to £42.6bn in the last financial year, cutting the budget deficit to the lowest level since the year ending March 2007.
The OBR forecasts the deficit will fall to £37.1bn this year, around a quarter of what the government borrowed between March 2009 and April 2010 at the peak of the financial crisis.
- tremendous news back in April. Set to get even better by Christmas.
https://www.theguardian.com/business/2018/apr/24/boost-for-hammond-as-budget-deficit-hits-lowest-level-since-2007Britain’s budget deficit has dropped to the lowest level since before the financial crisis, laying the ground for Philip Hammond to rai
only £40 billion borrowing this year....strong and stable....add that to national debt theresa...
government in a mess on brexit...
add up the 5 years extra money and spin it to gullible newspapers
dont count what youve cut over past 8 years.
dont include extra school funding, social care or welfare caused by job losses.
hey everything is rosey on the magic money tree(s)
only £40 billion borrowing this year....strong and stable....add that to national debt theresa...government in a mess on brexit...add up the 5 years extra money and spin it to gullible newspapersdont count what youve cut over past 8 years.dont inclu
It's remarkable how these left-wingers can change tack at the drop of a hat.
One minute they're calling for more cash for the NHS screaming about underfunding. Then the next minute if the cash has been forthcoming, they're screaming about inefficiency and prudence. Or spending the money on more important issues, yet what's more important than the nation's health?
Strange lot these left-wingers, scatterbrains or what?
It's remarkable how these left-wingers can change tack at the drop of a hat.One minute they're calling for more cash for the NHS screaming about underfunding.Then the next minute if the cash has been forthcoming, they're screaming about inefficiency
Brexit will leave the Uk in debt. There will be no ' surplus' . Professional finance people all agree on this. So May, once again , lies. Even hapless and clueless Hunt blurted out on news report this morning that any ' contribution ' from Brext would be " No where near enough "
It is obvious that what is being proposed is an increase in tax, either income tax or increase in NHi contributions.
Brexit will leave the Uk in debt. There will be no ' surplus' . Professional finance people all agree on this.So May, once again , lies. Even hapless and clueless Hunt blurted out on news report this morning that any ' contribution ' from Brext woul
If the government are genuinely interested in a long term plan, surely as much focus as possible should be on the demand rather than the supply. ie, lets address the general healthiness of the nation. School meals, PE, provision for facilities for exercise, food industry, smoking and boozing, handing out pills like fckg smarties and so on.
Majority of people shouldn't need any sort of healthcare until they are sixty or over, if they've lived vaguely sensibly and not ragged themselves to pieces through their poor lifestyle choices. Too many clogging up the NHS with preventable maladies, that stop those who really need it getting immediate and full access.
If the government are genuinely interested in a long term plan, surely as much focus as possible should be on the demand rather than the supply.ie, lets address the general healthiness of the nation. School meals, PE, provision for facilities for e
How does the reported extra 389 million per week relate to as a per year extra spend? I read that 1p on income tax, raises ca. 5 billion for the exchequer.
How does the reported extra 389 million per week relate to as a per year extra spend? I read that 1p on income tax, raises ca. 5 billion for the exchequer.
Income tax is only a tiny proportion of tax revenue for the government. Not that you'd think it.
Taxes are snidely increased and invokes all the time. We only really notice when we can't afford things.
This money is not money back from the EU and is a projection based on all manner of income sources.
But as always on this poncey waste of time of a forum since all that ever happens is you get is BS about 'leftie' or 'remoaner' in place of looking at plain fact. Which is about the only reason some of you use this forum.
Amazing isn't it? The government/Trump can do no wrong with you. Even when they do and say loads wrong.
Income tax is only a tiny proportion of tax revenue for the government.Not that you'd think it.Taxes are snidely increased and invokes all the time. We only really notice when we can't afford things.This money is not money back from the EU and is a p
Yes, but 75% is a lot more than 25%. New forms of taxation and differing rates for taxes than income tax happen at every budget. Also, would suspect than income tax suffers the least Avoision.
Yes, but 75% is a lot more than 25%. New forms of taxation and differing rates for taxes than income tax happen at every budget.Also, would suspect than income tax suffers the least Avoision.
Yes, it's probably difficult for employees to avoid income tax.
I would suggest there is capacity within the economy to raise more tax. Total tax revenue is currently around 37% of GDP.
Yes, it's probably difficult for employees to avoid income tax.I would suggest there is capacity within the economy to raise more tax. Total tax revenue is currently around 37% of GDP.
IS 25% A MINORITY OR A MAJORITY OF 100%? What is 'Leftie' about stating matters of fact?
After the crap you pontificated the other evening, because you're a pr1ck, you are now just exposing yourself as a stalker.
Anyway I've stated a fact.
A minority of tax revenue in income tax. Is this true or not?
You ought to try thinking (even though it's difficult for you) before typing.
Still on the attack, I.S?so tell me...IS 25% A MINORITY OR A MAJORITY OF 100%?What is 'Leftie' about stating matters of fact?After the crap you pontificated the other evening, because you're a pr1ck, you are now just exposing yourself as a stalker.An
After all the posturing on this area and demands for tax rises from Labour, last election they stood on a manifesto of tax rises, May announces a large increase in NHS funding with hints there will be tax rises to fund it and ..
....Labour complain and suddenly are the party of no tax rises!
After all the posturing on this area and demands for tax rises from Labour, last election they stood on a manifesto of tax rises, May announces a large increase in NHS funding with hints there will be tax rises to fund it and ......Labour complain an
Imagine the outcry though if it was Labour in power and announcing.
"Where's the money coming from?" "Brexit Dividend" "But your own figures say that doesn't exist" "Well y'know. Ok then. Erm, efficiencies. Some tax rises. The important thing is we are doing this." "But can I ask some more about how you're paying for this?" "No. You've had my answer, now be gone"
Just imagine the press being so meek and accepting if it was Diane Abbott announcing this. Me neither.
Imagine the outcry though if it was Labour in power and announcing. "Where's the money coming from?" "Brexit Dividend""But your own figures say that doesn't exist" "Well y'know. Ok then. Erm, efficiencies. Some tax rises. The important thing is we ar
No, May didn't announce hints of tax rises. She said it woud be a "Brexit dividend". Also, why hint? Why not just say?
No-one is objecting to increased funding through tax.
As I always say. People see what they want to see.
No, May didn't announce hints of tax rises. She said it woud be a "Brexit dividend". Also, why hint? Why not just say?No-one is objecting to increased funding through tax.As I always say. People see what they want to see.
She said Brexit would partly fund it then said taxes will rise. If you are going to play the provider of facts and giver of insight into other people's bias, at least attempt to get your facts right: https://news.sky.com/story/theresa-may-confirms-tax-rises-to-fund-nhs-cash-boost-but-delays-detail-until-autumn-11408759 "Tax rise need to help pay for £20bn NHS boost, says PM" https://www.bbc.co.uk/news/health-44516123
Etc. I'm sure you can you google to find extensive proof of how wrong you are...
She said Brexit would partly fund it then said taxes will rise. If you are going to play the provider of facts and giver of insight into other people's bias, at least attempt to get your facts right:https://news.sky.com/story/theresa-may-confirms-tax
Any mention of a "Brexit Dividend" is disingenuous. Everything else she said was waffle and evasion.
The rest is semantics and I'm not playing word games for an hour just so you can prove to yourself that the Tories are great and everyone else is a leftie.
As P&P said; Imagine if this had been a Corbyn announcement!
Any mention of a "Brexit Dividend" is disingenuous. Everything else she said was waffle and evasion.The rest is semantics and I'm not playing word games for an hour just so you can prove to yourself that the Tories are great and everyone else is a le
The initial report from her initial statement. The stuff about tax rises came later after loads of pressure.
https://news.sky.com/story/theresa-may-under-pressure-to-explain-20bn-nhs-funding-plan-11408253The initial report from her initial statement.The stuff about tax rises came later after loads of pressure.
Just Checking 18 Jun 18 18:19 After all the posturing on this area and demands for tax rises from Labour, last election they stood on a manifesto of tax rises, May announces a large increase in NHS funding with hints there will be tax rises to fund it and ..
....Labour complain and suddenly are the party of no tax rises!
Labour want tax rises for the most wealthy. Same as wanting big businesses and fat cats to pay the tax they are evading paying.
Just Checking 18 Jun 18 18:19 After all the posturing on this area and demands for tax rises from Labour, last election they stood on a manifesto of tax rises, May announces a large increase in NHS funding with hints there will be tax rises to fu
and then you get the grant for the cot and the pram.and the grants go on on on until you reach pension age.and then you get the old age grant to go with your free house grant.
and then you get the grant for the cot and the pram.and the grants go on on on until you reach pension age.and then you get the old age grant to go with your free house grant.
brassneck is forgetting that it is Britain that pays for everything in Britain, and a lot in the rest of the EU also he might be irish, theyre like that
brassneck is forgetting that it is Britain that pays for everything in Britain, and a lot in the rest of the EU alsohe might be irish, theyre like that
So by your stupid libtard maths you want people taxed at 100% ?
Isnt it about time you had another meltdown where you complained about a forum being infiltrated by people that dont agree with your views but still continues to posts on it
I'm very willing to meet you for a coffee ?
So by your stupid libtard maths you want people taxed at 100% ?Isnt it about time you had another meltdown where you complained about a forum being infiltrated by people that dont agree with your views but still continues to posts on it I'm very will
That's why it is a 100% tax, every penny you earn, even first 10,000 or so that isn't taxed is taxed unlike other taxes, they are not 100% taxes like income tax
That's why it is a 100% tax, every penny you earn, even first 10,000 or so that isn't taxed is taxedunlike other taxes, they are not 100% taxes like income tax
So far STUDYFROM has called me a pr1ck, a bellend & a focking idiot.
Who is disheveled ?
I am making valid arguments, you seem to be very, very angry. Maybe you need help with that from the nhs.
So far STUDYFROM has called me a pr1ck, a bellend & a focking idiot.Who is disheveled ?I am making valid arguments, you seem to be very, very angry. Maybe you need help with that from the nhs.
well its theft in a way , especially in the modern world in the modern world no government has the right to impose income tax other forms of tax yes possibly
well its theft in a way , especially in the modern worldin the modern world no government has the right to impose income taxother forms of tax yes possibly
So by your stupid libtard maths you want people taxed at 100% ?
Where the F did I say, intimate or suggest that?
Coffee? Trust me, you are one of the last people I want to take me on a date. I can't get away from you on here, having a real life stalker is even worse.
LAST TRY: THE ENTIRE TAX REVENUE - OR MONEY RAISED BY THE GOVERNMENT COMES FROM MANY SOURCES OR FORMS OF TAX. INCOME TAX JUST MAKES UP 25% OF THE TOTAL AMOUNT. WE ALL PAY LOADS MORE TAX THAN JUST INCOME TAX.
That's it. There is NOTHING incorrect about that nor any other statement I've made.
The hurling of "libtard" and "leftie" as an insult, gets you some insults back. It's just that mine are more accurate.
Anything else you write about it is projection, is argumentative, or is trolldom. It's a statement of fact nothing more, nothing less.
As always, sonko, you are ONLY posting on the thread to argue with me (oh, except for one argumentative dig at facts) About something which was entirely not worth arguing about. You were out of order on Saturday, though you choose to ignore that.
As for me needing help - merely more projection, your obsession is more of an issue. Existing on here just to start arguing about nothing, is the bigger problem.
So by your stupid libtard maths you want people taxed at 100% ?Where the F did I say, intimate or suggest that?Coffee? Trust me, you are one of the last people I want to take me on a date. I can't get away from you on here, having a real life stalker
I am starting to think i am stupid, you clearly said 25% income tax was a minority which it isnt. Prove to me their is a higher tax ???
Clearly their are other taxes you stupid libtard retard. (i got the name calling from you)
Nice to see you notice the facts reply, how evident is that.
I have never been out of order, you show me the threads and i will apologise.
I think you are a vile libtard leftie who does not accept posts from others, your mind is already made up and you post that way.
Coffee ?
Im pretty sure you attacked me on the this fred.I am starting to think i am stupid, you clearly said 25% income tax was a minority which it isnt. Prove to me their is a higher tax ???Clearly their are other taxes you stupid libtard retard. (i got the
we all know that, but if you are of the left then any tax is wrong if it is by a government other than the left.
The whole world know that he is wrong, but he a twisted libtard that cannot see.
we all know that, but if you are of the left then any tax is wrong if it is by a government other than the left.The whole world know that he is wrong, but he a twisted libtard that cannot see.
the grants for northern ireland are funded by the 28 states because they are peace keeping grants(as far as i know,i could be wrong)WHEN the UK leave the waters round the UK will have to be patrolled ,if there is a hard border the UK Will need serious security on their side.And the biggest problem of all will be boat people trying to get into Northern Ireland and claim british status .The EU are likely to turn a blind eye to this as the boat people will be leaving their jurisdiction .now at the leave date the UK will not have their law sorted out and will still work under EU Law'this is my opinion and i reckon that there may be trouble ahead with an influx of boat people trying to reach britain before british law becomes rule,and its not going to worry the EU if these boat people head for northern ireland via the atlantic ocean. the republic of ireland have only a few small boats to protect the whole island of ireland. this will cost serious money.imvho
the grants for northern ireland are funded by the 28 states because they are peace keeping grants(as far as i know,i could be wrong)WHEN the UK leave the waters round the UK will have to be patrolled ,if there is a hard border the UK Will need seriou
The other thread on saturday, which you are definitely aware of, was removed. I wouldn't have minded if it had stayed -with the opening post not removed- as it showed you for the type of person you are.
As for attacking.... YOU addressed me: Ibrahima Sonko • June 18, 2018 2:17 PM BST Income tax accounts for 25% of revenues for the government, the highest of all incomes. stop talking leftie crap.
I didn't say there wasn't a higher tax - which you are definitely aware of. I just said it's a minority of the government's tax revenue, which it is. As long as it's less than 50% of the total it is a minority of the total. Nothing I said was incorrect.
I'll try simplifying for you. If you have a salad on your plate, which is made of 25% tomato, 20% lettuce, 15% coleslaw, 15% cucumber, 15% pasta, 10% horsesh|t. And you leave the tomato but eat the rest, then you've eaten 75% (a majority) of the salad. The Tomato, which might have been the single biggest constituent was only 25% of the salad. it was a minority of what was on the plate.
lfc... you are just doing what you always do. You could easily substitute 'more' with 'other'. What I CLEARLY meant was that we pay many forms of taxation. Income tax is just one of MANY taxes. Some people - I don't know, maybe you're one of them, don't pay any income tax. But you pay VAT, Council tax, insurance tax, travel tax (if you go travelling), and others.
NONE of this is of any consequence, as it was a mention (a statement of fact) in passing
The overkill of semantics on here must make you people wet yourselves with glee.
The other thread on saturday, which you are definitely aware of, was removed. I wouldn't have minded if it had stayed -with the opening post not removed- as it showed you for the type of person you are.As for attacking.... YOU addressed me:Ibrahima S
No you’ve got it back to front study , I have always paid income tax because I had no option And also of course I agree it’s necessary perhaps That i have paid since leaving school at 16 every year of my life Now there are other taxes , but I try not to pay them unless I want to
No you’ve got it back to front study , I have always paid income tax because I had no option And also of course I agree it’s necessary perhaps That i have paid since leaving school at 16 every year of my life Now there are other taxes , but I try
You should not be so single minded to make decision on what a person is or not on a forum, post what i did wrong ?
It cannot be a minority tax when it has the highest income.
You are are waste of time and space. & do want to meet for a coffee ?
& a big massive libtard.
Is that really your reply ?You should not be so single minded to make decision on what a person is or not on a forum, post what i did wrong ?It cannot be a minority tax when it has the highest income.You are are waste of time and space. & do want to
another problem i imagine is that France and Spain and Portugal are not going to stop these migrants heading to britain ,all they will do is permit them to cross their land and move them on.No country wants millions of migrants (if the truth be told)and no country are going to hold the masses back,so in effect the leaving of the EU by UK to control migrants may in fact have the reverse effect,and its not going to bother the EU. Remember 90% of boat people want to start a new life in the UK.But this is only an opinion of mine so sleep easy folks,but the EU states dont care where these people go once they dont stay in their country.
another problem i imagine is that France and Spain and Portugal are not going to stop these migrants heading to britain ,all they will do is permit them to cross their land and move them on.No country wants millions of migrants (if the truth be told)
its the danger of a no deal on brexit that can kick this very situation off,so no deal is not a good idea for the UK to suggest,as it could(and i stress the word could) end up being a "come into the web said the spider to the fly statement by the EU"in this very high stakes poker game called brexit.imvho.
its the danger of a no deal on brexit that can kick this very situation off,so no deal is not a good idea for the UK to suggest,as it could(and i stress the word could) end up being a "come into the web said the spider to the fly statement by the EU
theres never been so many people not on paye,absolutely millions now classed as self employed, ltd company , paying accountants to lower their tax bill, as showed by Charlie muggins crying in his bently outside the high court it suits big business to get millions off paye, paying 20p paye is now considered a mugs by millions of ordinary average, low paid workers
theres never been so many people not on paye,absolutely millions now classed as self employed, ltd company , paying accountants to lower their tax bill, as showed by Charlie muggins crying in his bently outside the high court it suits big business to
Sarah Wollaston MP @sarahwollaston The Brexit dividend tosh was expected but treats the public as fools. Sad to see Govt slide to populist arguments rather than evidence on such an important issue. This will make it harder to have a rational debate about the ‘who & how’ of funding & sharing this fairly. 10:41 am · 17 Jun 2018 2.6K Retweets 4.3K Likes Rich Alderton Rich Alderton @utsire · 17 Jun Replying to @sarahwollaston The 'Brexit Dividend' bullshit is a trick. It's so that any future attempts to rethink or tone down Brexit (or to apply for re-entry in five years) can be presented as "look at these people: they want to take money off the NHS and give it to Brussels". 10 82 274 Johnna #FBPE Johnna #FBPE @johnnaaaaaaaa · 17 Jun Just when you think Theresa May can't get any more mendacious, she goes along with this trick.
I'm no longer buying the "she's a good person doing a difficult balancing act" excuse.
She's playing vicious political games which will damage our country for generations.
Sarah Wollaston MP@sarahwollastonThe Brexit dividend tosh was expected but treats the public as fools. Sad to see Govt slide to populist arguments rather than evidence on such an important issue. This will make it harder to have a rational debate abo
May is telling the truth, the billions we will not be giving to the EU will be spent on the health service
the usual suspects don't want to be happy about that
May is telling the truth, the billions we will not be giving to the EU will be spent on the health servicethe usual suspects don't want to be happy about that
pension auto enrolment is another reason big business and bosses like Charlie muggins don't want to class people as workers, believe me i work with them, theres a generation of people been brought up to think paying 20p paye is for mugs and these individuals setting themselves up as ltd company and getting 5 million quids worth of so called liability insurance for a few quid a month is another scandal waiting to happen
pension auto enrolment is another reason big business and bosses like Charlie muggins don't want to class people as workers,believe me i work with them, theres a generation of people been brought up to think paying 20p paye is for mugs and these indi
Basic rate of tax on dividend income ie drawings from a Limited Company is 7.5%. Higher rate is 32.5%
You also receive a £2,000 allowance before you pay tax (on top of your income tax personal allowance). The dividend allowance was £5,000 until the current tax year.
I guess there's an incentive for both parties.Basic rate of tax on dividend income ie drawings from a Limited Company is 7.5%. Higher rate is 32.5%You also receive a £2,000 allowance before you pay tax (on top of your income tax personal allowance).