Quote:
Originally Posted by andrewb
Are you better or worse off?
You can find a budget calculator here: BBC News - Budget calculator 2010 although it is not comprehensive.
My housemate is not too happy with the 10% increase in the price of cider. 
My biggest peeve is the hidden stealth tax on working people. It's not within the BBC's budget calculator as it's sneakily done. They're going to freeze the personal tax allowance, where as normally it increases in line with inflation. This means that you'll be taxed an extra £50 on your income. I'm absolutely against this. I think the personal allowance should be raised to £10,000 so the lowest income workers are taken out of tax altogether. |
Just used the the budget calculator. I am 53 pounds worse off, didnt realise just how the taxes were hidden.