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Aspro
04 Jul 18 15:03
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Date Joined: 16 Dec 02
| Topic/replies: 31,329 | Blogger: Aspro's blog
Now I may be completely wrong here, which is why I'm opening this up for discussion, but if I'm right then this is going to be felt by many.

I'm reading some reports that are saying that Tax, National Insurance and VAT could rise by 3% to cover the cost. Some reports are saying Tax OR National Insurance OR VAT could rise, but some are clearly stating the former and 3% appears to be the main figure quoted.

Doing some rough calculations this will hit a £30,000 earner by a net £100 per month and that isn't all. VAT will certainly increase the home budget spending and if that wasn't enough, in April 2019 minimum pension contributions are also rising from 2% to 3% or, putting another way, 50%!!!

Now this shouldn't affect Betfairians too much because everyone on here is rolling in it, but for the person on the street this could hit hard!

Am I right or am I way off the mark?

Over to you lot...

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Replies: 70
By:
Reynard
When: 04 Jul 18 15:10
If the government injected our entire foreign aid budget (£15bn pa) into the NHS I'm sure this would ease the financial problems . Let's face it , who in there right mind donates £200m to a country with their own space programme ? Will the UK get the credit when India put a man on the moon ?
By:
Aspro
When: 04 Jul 18 15:17
Couldn't agree more Reynard but the government have already announced that tax increases are likely and the general understanding appears to be what I've already quoted. This is coming in and the public are already buying into the cost, even if they don't yet realise how much that cost will be.
By:
Aspro
When: 04 Jul 18 15:18
Actual figures state an average of £2,000 per household is needed
By:
Reynard
When: 04 Jul 18 15:27
Let's not forget , the additional strain on the NHS has NOTHING to do with mass immigration .
It has everything to do with a massive rise in population over recent years and this , of course , has nothing whatsoever to do with immigration - FACT !
By:
STUDYFORM
When: 04 Jul 18 16:10
Any potential savings to the NHS over the years (smoking cessation, healthy eating, etc) will have delayed the inevitable, so meaning the catch-up has now happened.
Also, and this is the biggest reason for the nation's and NHS's current grief 40 years of year on year cuts to services, closure of most of our hospitals and walk-in centres and centralisation and selling off stuff to private profit will take more than just money to fix.

Mind you they found £50 billion (plus) for HS2!

You're right Reynard, it has nothing to do with immigration (or at least not much), but you'll be told it does.
The rise in population over recent years (about 10% in 20 years, 20% in 50 years) which has had as much to do with not many people being killed in wars than before as anything.

To answer the original point. The Tax burden will generally affect the poorest most, partly because the people setting the new rules don't want it to affect themselves all that much.
Not only is such a regimen tough on the lowest earners, but also on the smallest businesses, while the biggest organisations can always avoid whatever tax problem they might be faced with.
By:
InsiderTrader
When: 04 Jul 18 16:20
The rise in population over recent years (about 10% in 20 years, 20% in 50 years) which has had as much to do with not many people being killed in wars than before as anything.

Er no. At list 5,000,000 net migration has happened in the last 2 years. This accounts for 90% of the population growth in that time.
By:
i_agree_with_nick
When: 04 Jul 18 17:12
You're right Reynard, it has nothing to do with immigration (or at least not much), but you'll be told it does.

I thought Reynard was being ironic.


I have no doubt this will hit hard. A further interest rate rise and an increase in petrol/diesel duty is also on the cards.
By:
Reynard
When: 04 Jul 18 17:18
I agree with i_agree_with_nick Wink
By:
Aspro
When: 04 Jul 18 17:18
...and you can bet your life the energy companies will be looking at 10% again soon!

This could be a painful end to the decade
By:
InsiderTrader
When: 04 Jul 18 17:29
* I should have said last 20 years. Not 2 years!
By:
Reynard
When: 04 Jul 18 17:35
Insider Trader - Lies , Damn Lies and Statistics . Not sure which of the first two categories your '2 years' quote fits in lol
By:
i_agree_with_nick
When: 04 Jul 18 17:47
Re Foreign Aid:

This does, imho, need to be reviewed but fwiw is currently around £13.4bn which is 0.7% of GDP.  (USA (0.17%), France (0.37%), Japan (0.22), Germany (0.52%).

Direct aid from UK to India and China has been phased out.
By:
Reynard
When: 04 Jul 18 17:58
Aah , thanks , I was unaware of the phasing out . I appreciate being corrected on that .
By:
akabula
When: 04 Jul 18 18:38
I'm retired but would happily pay more tax if the extra went directly to the NHS.
By:
Reynard
When: 04 Jul 18 18:41
Unfortunately tax is like charitable donations , in many cases less than 10% actually going to the cause that one is led to believe one is contributing to .
By:
Aspro
When: 04 Jul 18 18:51
Aka, in reality, for someone of a (say) £30k income, over half of the additional contribution is coming from National Insurance, which you no longer pay. A lot easier for retired people on the same income to digest
By:
i_agree_with_nick
When: 04 Jul 18 18:53
Unfortunately tax is like charitable donations , in many cases less than 10% actually going to the cause that one is led to believe one is contributing to .

Like charity, some people view paymnment of tax as optional.
By:
Reynard
When: 04 Jul 18 18:55
I agree with i_agree_with_nick Happy
By:
Aspro
When: 04 Jul 18 18:55
you been drinking nick? Grin
By:
Reynard
When: 04 Jul 18 18:58
Alcohol is up there with petrol and tobacco when it comes to tax , one way of contributing to government coffers I guess Grin
By:
akabula
When: 04 Jul 18 19:02
I was talking purely about a rise on IT Aspro.
Aren't the other 2 rises just speculation?
By:
Aspro
When: 04 Jul 18 19:04
Indeed they are aka, let's hope it does stick to the one
By:
macarony
When: 04 Jul 18 19:39
Why dont we just an insurance policy issued by the tax office that save millions in treatment for those who turn up from else where looking a free deal
By:
Reynard
When: 04 Jul 18 19:41
I think that's called private health care ConfusedConfused
By:
STUDYFORM
When: 04 Jul 18 22:15

Jul 4, 2018 -- 5:12PM, i_agree_with_nick wrote:


You're right Reynard, it has nothing to do with immigration (or at least not much), but you'll be told it does.I thought Reynard was being ironic.I have no doubt this will hit hard. A further interest rate rise and an increase in petrol/diesel duty is also on the cards.


I thought he was too, I_A_W_N
Doesn't stop the statement being correct.

Your correction was a bit like one you might see in the Daily Mail, Insider Trader.

By:
Jack Hacksaw
When: 05 Jul 18 06:40
One reason we have a rising population is that people live longer.

People live longer because we have the NHS.

The NHS is cause and effect.
By:
lfc1971
When: 05 Jul 18 07:01
People are not living longer
By:
lfc1971
When: 05 Jul 18 07:07
If you bring millions of people into a country over a very short time then by definition they will not have paid into the NHS , that takes a lifetime of work
That’s the problem
By:
lfc1971
When: 05 Jul 18 07:32
Our parents paid for our NHS by a lifetimes work
Parents of immigrants have paid nothing into the NHS, the NHS is funded by the previous generation
By:
PorcupineorPineapple
When: 05 Jul 18 08:07
People are not living longer


Sometimes you just have to admire his continued determination to be wrong on every single thing.
By:
Reynard
When: 05 Jul 18 09:12
People ARE living longer , but by the same token the age of retirement has risen in accordance with this so many of them are still working therefore still contributing through income tax .
By:
Jack Hacksaw
When: 05 Jul 18 09:15
Joined: 06 Nov 11 | Topic/replies: 23,983 | Blogger: lfc1971's blog
People are not living longer

Suggest you type 'average life expectancy uk' into google!
By:
PorcupineorPineapple
When: 05 Jul 18 09:25
Retirement age is a bit of a red herring imo. State pension is so meagre that many are essentially continuing to work until their health fails.
By:
wit-ham
When: 05 Jul 18 09:28
We will all be bump off in the next 30 years or so
This Salisbury event is just the first test to see
if the NWO can get away with it as more and more robots do
the essential jobs to keep them.
By:
PorcupineorPineapple
When: 05 Jul 18 09:29
In the interests of learning - being genuine here - can anyone point me in the direction of any official medical body that says immigration has caused a massive strain on the NHS.

I'm not talking the Health Department so much as we know politics and the truth are unlikely bedfellows and they have most to gain by not blaming austerity.


But the Doctors' and Nurses' Unions. The Trusts. etc etc.


Surely they must be in a position to give expert opinion on this. So what's their opinion on immigration and the NHS.




(I know I could google but about to go out and do a day of decorating, with sporadic breaks and if I get sucked into the google vortex I'll get nothing done)


Ta.
By:
lfc1971
When: 05 Jul 18 09:34
I have just told you how immigration is putting an immense strain on the NHS pineapple
Millions of people are using it who have not paid for it

What’s difficult to understand about that ?
By:
lfc1971
When: 05 Jul 18 09:36
And I can assure you there is no point asking anyone employed by the NHS
They won’t tell you the truth
By:
wit-ham
When: 05 Jul 18 09:47
PP i look at it as you see we other businesses ie Carillion the bigger you get
the more you forget the original purpose of why you started or more open to corruption
Take me for instance mid 50's worked all my life have a safety critical job.I was told i had to
go private to get ears syringed as NHS don't do it now. Thousands of people a day may have to
rely on my ears/eyes for saftey,yet others get boob jobs to further a career.
  Me yes i do think immigration has an effect by causing more people to visit a local DR
It is a vicious cirlce the more people the more hospitals,Dr's,nurses ,porters etc are required
and you will be forever playing catchup,all at a time when big companies are destroying jobs via
computorisation/internet.
By:
i_agree_with_nick
When: 05 Jul 18 10:23
Wit - as far as I am aware some GPs offer NHS ear syringing and some don't.

The reason why they don't is because it's potentially injurious and in most cases unneccesary - drops will usually resolve the problem.

If you do have to have them syringed and your GP doesn't offer the service, then a charge of £75+ (I think) at a private clinic does sound excessive. Where drops are ineffective, it should, imo, be provided by the NHS.

Given your circumstances, I think your employer should pay.
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