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Re: Emergency Budget 2010
Quote:
Originally Posted by katex
Certainly going to hit me Bernard. I know they are going to increase the personal allowance for income tax to £7,475 to soften the blow to the lower income earners. Saves them £170 .. but is overtaken by increase in VAT.
For me, as a pensioner over 65 .. the personal allowance is set at £9,450 anyway; this already covers no income tax being deducted from my state pension, however, now have small income and the 2.5% increase in VAT will certainly hit me and put lots of goods beyond my reach. 
At least no rise on me fags, alcohol and fuel.  |
Wait while Autumn kate it'll come. 
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N.L.T.B.G.Y.D. Do not argue with an idiot, they will drag you down to their level and beat you with experience. 
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