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Well another budget aimed against business in the UK especially the Small Business sector who are not concerned with Corporation Tax and the 50p Tax Rate !
This morning listening to Radio 2 news the chancellor was opening his budget speech saying this was going to be a budget for business ! I just knew that it would not be structured to assist my business and the majority of the UKs small businesses. With the Planned Fuel increase now coming its going to be £ 1.50 per litre for Diesel, did anyone notice how the fuel companies have been upscaling their prices over the last month before the dreaded chancellors budget news?
With unrest in the middle east, the greed of the oil companies and cartels we could yet see £ 2.00 a litre in the not too distant future. How this latest increase is going to help business is a mystery, its going to increase Food Costs and production, push up all costs to end users who will buy less still than they are buying now, the huge amount of Tax in fuel is obscene and this is helping to stifle recovery in my view. I like many others are going to be increasing my prices to cover these costs, you start to think that the lest you do in this country the more the state will provide you with and by god we have a record number of benefit claimants, immigrants all drawing off this system which the ever growing few are funding.
The Government borrowed another 15 Billion last month figures that I cannot number crunch but by the chancellor reducing the tax liability of large companies many who are already not paying what they should they have to get the money from somewhere and that somewhere is us, the workers, business owners who do pay their fair share into the pot, a captive audience is their choice of revenue generation.
Re: Budget
Yep, pretty much useless IMO. I guess the rise in the basic tax allowance is the only good point, but as you say squadman, the looming £10 gallon is going to make many Businesses no longer viable, it really is worrying and there’s nothing we can do about it unfortunately 🙁
Re: Budget
I read somewhere that the UK government collects 40{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} of all duty raised on alcohol in the whole of the EU.
I am seriously considering going back to making my own.
BTW I gave up the ciggies 30 some years ago when the chancellor of the day saw fit to put my B&H kingsise up to 57p for a pack of 20 which I thought was taking the pi$$. 😈
Steve.
Re: Budget
Trouble is the people making the polices and budgets are people who earn significant sums of money from being in Government, couple that large income and they all still seem to have time to sit on one or two company boards as consultants again in receipt of even more payouts. Therefore fuel at £ 1.50 a litre or even £ 5.00 a litre worries these folks very little. The rest of us are living in the realworld and we all know how bloody difficult it is to get up in the morning and go forth and make a living out of nothing!
As brits we are having the right royal P*** taken out of us and as you can gather it hacks me off, nothing political here as in my book they are ALL the same, fiddling their expenses and getting away with whatever they can !
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