2007 Budget.

[Dirk Gently]

What will the Budget do for you?
Was there anything in it to help/hinder you?
Are you better off or worse?

Tell all & have a good moan about it here.

[Pip Madeley]

As long as they don't tax DVDs, I'm happy.

[Si Hunt]

I don't have kids.

I'm not retired.

I'm not married.

I just go to work every day and pay lots of taxes.

Therefore I will get absolutely nothing out of the budget, although I will probably get heavily taxed for daring to drive to work every day.

Si.

[Si Hunt]

Actually that last post makes me seem a bit bitter and sour. I'm not really bothered - I don't really WANT anything off the State, I'm happy going about my business. It would be nice if they left me alone as far as taxing the things I spend my money on however.

Si.

[Si Hunt]

This is about it:

2p off basic rate of income tax
10p starter rate abolished
2p cut in corporation tax
Gas guzzling car duty up to 300 this year and 400 next
Beer and cider up 1p, wine 5p, spirits duty frozen
11p on cigarettes
2p petrol increase frozen for six months
More cash for schools and hospitals

[Paul Monk]

Was just trying to work out if my car came under the gas-guzzling heading but the pricing on the DVLA website is really complicated.

[Andrew Curnow]

It'll depend on your income, but I suspect a lot of people will be worse off income tax wise - the 22% band will now be only 20%, but at the same time there's no 10% band, so the 20% applies as soon as you hit your tax-free limit. At a rough stab, I reckon if you're paying tax on 13,000 or less per annum then you'll be worse off.

Still, I'm glad I never bought that 4 x 4 now!!!

[Larry]

It'll depend on your income, but I suspect a lot of people will be worse off income tax wise - the 22% band will now be only 20%, but at the same time there's no 10% band, so the 20% applies as soon as you hit your tax-free limit. At a rough stab, I reckon if you're paying tax on 13,000 or less per annum then you'll be worse off.

Still, I'm glad I never bought that 4 x 4 now!!!

your probably right but Budgets in truth have always been about the Chancellor giving you some thing with one hand at the the same time taking it back with the other. As a singal person I don't ever get any thing of benefit from the budget..

[Captain Tancredi]

Well, the BBCi calculator makes me out to be 60.22 a year better off, but then I don't drive, don't smoke and drink very sparingly. If I get a life, the whole lot'll be wiped out at a stroke.

[Larry]

Well, the BBCi calculator makes me out to be 60.22 a year better off, .

which is what about 1.50 a week not a lot is it..