budget !! how was it for you !! work out your gains?losses

E@J'S_DAD

Hi
I,m not sure if this information is on the site already but i thought it might be of use to somebody.It is a site that will work out your gains/losses from todays budget.
It only takes 5 mins to complete.
https://www.digita.com/budget

It also has a lot of information on tax in general

please feel free to move this if you think it is i the wrong place.

Debt_Free_Chick

And all the official documents are on the Treasury website, for those with a thirst for the detail!

paintygirl

apparently I am going to be ª.58 better off over the next year. Hoorah!

paintygirl

that should have read £9.58

littlemissfrugal

wow £110.34 better off i dont beleeeive it!!!

mind u i did guestimate some stuff so i do it again later to be sure

pault123

I'm £21,000 a year worse off

Gordon's budget has just cost me my job.

By scrapping HCI (Home Computing Initiative - https://www.dti.gov.uk/hci) without warning or consultation, he has just wrecked the businesses and jobs of hundreds of those working in this area. The hundreds of thousands of those who took advantage of HCI to obtain low cost computer equipment - which was targeted at the low paid and until today was tax free - have now been betrayed and will have to pay the tax they previously did not.

Is it any wonder people don't trust politicians?

Apart from staff saving National insurance, tax and VAT through buying a pc through their gross salary; companies saved up to £192 over 3 years in National Insurance through a reduced gross salary bill.

Gordon in his many ways of making ends meet has decided £64 a year companies would have saved by offering their staff a fantastic benefit, improving IT skills, staff morale, motivation etc. is outweighed by the fact he could have...

up to £64 per year x number of PAYE staff in UK that take part in a HCI scheme in his back pocket...

...doesn't really seem like a surefire way to increase his budget kitty does it?

Education and schools is so important in this budget Brown has decided pc's play no part in education, homework and a computer literate nation. No £64 is too much for a company to be saving in National Insurance.

Over 30 Staff at my company lost their jobs today

EthelBloggs

You will be £33.92 worse off in the next year as a result of the Budget.

:mad: :shocked:

linniestorm

You will be £54.20 better off in the next year as a result of the Budget.

apparently! I'll believe it when I see it, they always find another way to screw you out of what you're saving! :rotfl:

booklover

£100 per year better off :laugh

what's that a week???? About £2 :rolleeyes2

Fiona

booklover

Thanks Alleycat for that link.
They give it to you on one hand and take it away on another

Fiona

booklover

Pault123 so sorry to hear about your job. I really hope something else turns up soon!

Fiona :A