this 10p tax issue.....

linden_2

So are some of us still in exactly the same position ?
The new measures won't include everyone who lost out on the 10p abolition ?

I don't belong in any of those categories .

Jenny_S

I am still confused, does anyone know if I will be 'compensated'. I earn £11,000 and my partner (we are not married) earns about £22,000. He is currently gaining from the new tax band, but I am losing. Also, we are both under 25 and don't claim any benefits in any form.

Errata

olly300 wrote: »

Update
According to Working Lunch today the Chancellor is going to:
1. Give an extra winter fuel payment to pensioners over 60 dated from when the tax change came into effect
2. Change the tax credit system for those couples to compensate them for the "average" loss
3. Get the low pay commission to "look at" the pay for workers under 25

This will help those who've been penalised by the new taxes but if it goes to all those between 60 and 64 it's a joke - many of those in this group may be extremely wealthy and in no need of it.
Plaster on a headache !

Jennifer_Jane

Errata wrote: »

This will help those who've been penalised by the new taxes but if it goes to all those between 60 and 64 it's a joke - many of those in this group may be extremely wealthy and in no need of it.
Plaster on a headache !

Yes, this is unfair - and correct - once again patching over things so as not to lose face - and still Gordon Brown cannot understand the scale of the problem. He's now using a shotgun but aiming away from the problem! As you say, some women aged 60 can be quite well off, although I don't think many will be 'extremely wealthy'. I would think some will, most won't be. It's usually the women that are the poorest in society.

And for me, I am still working, although will retire in 1-2 years, but need to work now and this will mean I have to work on longer. I have signed all the 10% petitions (although strangely am having a problem with the Quarmby petition). There is another petition on the No 10 website for a £10000 personal allowance rate as well.

Ah well, roll on the next 4 years, till I'm 65!

Jen
x

linden_2

If it does turn out that they've still left people out , what are we going to do about it ?

I have asked Frank Field if I'm included .

And then ... ?

(If I'm not going to join that commune )

nooksky

I run my own business and earn about £12k a year, and I will with my partner who also works part time.. we are due to get married in May.
At the moment I pay 10p tax rate, will I have to pay 20p from next year??

Errata

Jennifer_Jane wrote: »

Yes, this is unfair - and correct - once again patching over things so as not to lose face - and still Gordon Brown cannot understand the scale of the problem. He's now using a shotgun but aiming away from the problem! As you say, some women aged 60 can be quite well off, although I don't think many will be 'extremely wealthy'. I would think some will, most won't be. It's usually the women that are the poorest in society.

And for me, I am still working, although will retire in 1-2 years, but need to work now and this will mean I have to work on longer. I have signed all the 10% petitions (although strangely am having a problem with the Quarmby petition). There is another petition on the No 10 website for a £10000 personal allowance rate as well.

Ah well, roll on the next 4 years, till I'm 65!

Jen
x

The tax allowance for the over 65's was increased to take into account they'd be paying more tax. If the 60-64's and younger childless are recompensed in some way it seems to me that's just shifting the goalposts for the over 65's.
It's an absolute shambles, just like the Dome, PFI's, privatisation of rail and tube, Olympics financial shenanigans - all done when Brown held the watch for the economic health of the country.
Blair didn't do economics - he left it all to Brown.
I don't think today's U turn will make any difference to a very bad result for Labour on 1 May, I suspect people may be wondering what stunt he'll pull next that will be ill-thought out.

linden_2

I'm watching the news .
The new measures do seem to leave me out .

I'm still left stunned by the stupidity and arrogance of Gordon Brown . He may have won back his MP's , but every voter understands clearly that he was forced into this move , and many will realise that they will not receive any compensation .
Does he really not understand how many of the people who actually do vote , have been alienated and disgusted by his behaviour ?

Since he had his own children he seems to feel that if he gives money to families that is all that is required .

cosyc

nooksky wrote: »

I run my own business and earn about £12k a year, and I will with my partner who also works part time.. we are due to get married in May.
At the moment I pay 10p tax rate, will I have to pay 20p from next year??

No April 2008.

Pitlanepiglet

My DH is self employed and pretty well all his income is in the 10% bracket so he's now much worse off. We have no children, aren't over 60 and I earn enough to take us out of tax credits - net result - we get bog all (although I suppose I am slightly better off under the 20% change but not enough to balance his loss).