DnAuK Posted July 8, 2015 Share Posted July 8, 2015 In my ideal Utopia I would licence people to have kids. Put something in the water to keep em infertile until they have passed a suitability test and then give em the antidote... But moving back to reality for a moment - this seems like a good start, yes. Link to comment Share on other sites More sharing options...
Anna B Posted July 8, 2015 Share Posted July 8, 2015 Tax credits and Universal Credit to be restricted to two children, affecting those born after April 2017. Why not 9 months from now...........Why do these changes come into place from 2017? There will be a huge baby boom from now till then with scroungers trying to knock 3 kids before the deadline. Yes, I wondered if there'd be a baby boom. It could have been brought forward to a year from now. Link to comment Share on other sites More sharing options...
convert Posted July 8, 2015 Share Posted July 8, 2015 That's pretty much exactly what it means. There are a lot of low emission cars on the road that fall within lower, or even zero tax bracket at the moment, and that is forecast to be as high as 35% in the next few years. So Gideon has changed it to make only zero emission cars pay zero tax. Everyone else will pay either a standard tax rate of £140 per year, or a higher rate, which he didn't disclose. I'm guessing the latter will only apply to serious gas guzzlers. Vehicle Excise Duty changes: Changes for cars registered after 1st April 2017. Only cars with zero CO2 emissions will have zero VED. First year rates vary according to VED. Cars emitting over 255g/km will pay £2,000 first year tax. All cars irrespective of CO2 will pay £140 per year. Premium cars (list price over £40k) will have to pay a supplementary VED of £310 per year for the first 5 years (i.e. £450 per year). Link to comment Share on other sites More sharing options...
The Joker Posted July 8, 2015 Share Posted July 8, 2015 was there anything in the budget about closing tax loophole so that companies who earn profits in the UK have to pay them here too? Or was it just a bunch of tory buffoons picking on the little guy again? Link to comment Share on other sites More sharing options...
truman Posted July 8, 2015 Share Posted July 8, 2015 Vehicle Excise Duty changes: Changes for cars registered after 1st April 2017. Only cars with zero CO2 emissions will have zero VED. First year rates vary according to VED. Cars emitting over 255g/km will pay £2,000 first year tax. All cars irrespective of CO2 will pay £140 per year. Premium cars (list price over £40k) will have to pay a supplementary VED of £310 per year for the first 5 years (i.e. £450 per year). You can see the prices of 1 year old cars going up... Link to comment Share on other sites More sharing options...
panzer1 Posted July 8, 2015 Share Posted July 8, 2015 I do not own a company so did not pay attention. The fact that people can breed and have a good life on benefits is something I see everyday so I did pay attention. A limit is good for lots of reasons including over population Link to comment Share on other sites More sharing options...
Timeh Posted July 8, 2015 Share Posted July 8, 2015 was there anything in the budget about closing tax loophole so that companies who earn profits in the uk have to pay them here too? hahahahahaha! Link to comment Share on other sites More sharing options...
panzer1 Posted July 8, 2015 Share Posted July 8, 2015 Plus the little guy as you describe him is increasing in number because the more little guys you have the more benefits you got. Link to comment Share on other sites More sharing options...
Timeh Posted July 8, 2015 Share Posted July 8, 2015 In my ideal Utopia I would licence people to have kids. Put something in the water to keep em infertile until they have passed a suitability test and then give em the antidote... But moving back to reality for a moment - this seems like a good start, yes. Your Utopia sounds like hell! Link to comment Share on other sites More sharing options...
DnAuK Posted July 8, 2015 Share Posted July 8, 2015 Your Utopia sounds like hell! Haven't you heard the famous Sartre quote 'Hell is other people'? The less of them the better. ;c) Link to comment Share on other sites More sharing options...
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