βI wanna live in a world where all my friends can eat!β
Joined April 2025
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Elliot Page dressed up as Neo from 'THE MATRIX' for Halloween.
We live under a system where youβre taxed on everything every time you touch a penny.
Weβre best of increasing the thresholds so more people can touch the money before HMRC piss it away.
Find it crazy how much energy they have for Africans internationally, when they let Mexicans and Indians run the N word in their own backyard.
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He has sat down. So that must mean
1. Income tax thresholds frozen still
2. Student loan Plan 2 threshold still to be frozen in April
We will check now, but unless you hear, no news here, fiscal drag (and double fiscal drag for plan 2 students) stays.
#Budget2026
Personally I canβt sign off on any more money to Ukraine.
Told them to come to Brum, they said no.
Itβs enough.
More fiscal drag lol
+ Canβt believe Iβm saying it but if minimum wage is so high youβre effectively disincentivising academia
π¨ NEW: John Healey is set to announce the following in his Budget later
- The gas standing charge will be scrapped to save Β£27 a year on a typical bill
- Green levies on energy bills will be scraped "for good"
- NHS prescription charges will be frozen at Β£9.90 for another year
- Poorer households on benefits will receive extra help with energy bills before January's sharp rises
- The VAT cut on electricity bills, which was due to expire in April, will be extended (though it's not clear if this will be announced in the Budget or separately)
- The Government will remove the link between gas and electricity prices, which currently inflates household bills, "in the long term"
- Banks will face higher taxes, with the surcharge on their profits potentially rising from 3% to 8%, making it the Budgetβs biggest revenue raiser
- HMRC will be given powers to seize money from the bank accounts of people who fail to pay their tax
- The freeze on rail fares will reportedly not be extended beyond April
- Online retailers like Amazon, eBay and Temu will be made responsible for collecting unpaid VAT from sellers to fund a cut in business rates for high street shops
- The thresholds for income tax will be frozen again so another half a million people may be dragged into the higher rate
- January's planned increase in fuel duty will be cancelled
- Pensioners relying solely on the state pension will see their tax-free allowance rise to Β£13,036, in line with the pension increase, so they don't pay income tax
- Billions in long-term borrowing to invest in defence firms and raise the share of GDP spent on defence (without breaking fiscal rules, as the investments are expected to generate returns)
- The upcoming "Your First Home" scheme will be made more generous to provide greater support for middle-income earners
- The Budget will also assume the Rosebank oil field is approved, which will generate "significant tax revenues"
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We have a Californian minimum wage for an economy which, outside of London, is roughly at the level of Bulgaria.
