Todays Budget

Mr Bump

Mr Bump

From under the bridge
Suspended / Banned
Messages
10,944
Name
Sophia aka Paul
Edit My Images
Yes
Bet its dead boring but for me.

way more tax on fags
like to say much higher VED on Diesels
lower corporation tax
higher pension contributions relief
 
Tax on fags I sort of agree with, although it is an afflication that many cant give up, so a bit unfair really.
VED on diesels - having been persuaded to buy a diesel by the Govt a few years back it seems a bit rich I'm getting caned now when I cant and dont want to afford to buy a new car and in green terms it's probably better for me to keep my car rather than scrap it and buy a new(er) one, especially as we'll all be driving electric in a few years and a second hand IC engine car wont be worth a carrot.
Lower corporation tax doesnt help either, the money that is left in the Company gets taxed when it's paid as a dividend, especially if it drops to £2k as expected, or taxed if it is paid as salary. There went my plans to leave money in the company and pay myself through retirement.
Pension contribution relief, great just as I'm about to retire and dont have any spare cash to invest. I also feel sorry for all the people that will fall for that one without realising they'll pay tax on their private pension when they retire. My private pension eats up nearly all my personal allowance (as will this generations private pensions in the future) meaning my state pension is actually taxed, so in effect, I wont get the full state pension despite paying in for close on 48 years.

Bstds all of them. Govts that is.

Lets hope there's a relief for the youngsters in terms of being able to get a house, could do with a price spike as all the ones that cant get a house come to market and put the prices up. :-)

Matt
 
Last edited:
to good things on my list so far.

more tax on fags and diesel cars.
 
Current diesels are as clean as petrol engines, why tax them more? And as for all driving electrics in a few years time...mm, I'll believe that when I see it. For a start where's the tax going to come from that we lose from fuel? Tax electric charging of cars? How do you distinguish between power going to your car and power going to your kettle or toaster? Will we all be paying £2 to toast a slice of bread?
 
Lensman Mark said:
Current diesels are as clean as petrol engines, why tax them more? And as for all driving electrics in a few years time...mm, I'll believe that when I see it. For a start where's the tax going to come from that we lose from fuel? Tax electric charging of cars? How do you distinguish between power going to your car and power going to your kettle or toaster? Will we all be paying £2 to toast a slice of bread?
Click to expand...

the tax on diesels will affect older models that don't meet the latest spec.
we have to start moving these vehicles off the road its a good start.
 
Stamp duty to be abolished for all first-time buyers up to £300,000.

that's a good boost
 
Mr Bump said:
the tax on diesels will affect older models that don't meet the latest spec.
we have to start moving these vehicles off the road its a good start.
Click to expand...


Having encouraged people to buy them for years some sort of scrape scheme would be good too
 
It's easy to have differential pricing for EVs. They're all on a separate 16 or 32 amp circuit so you can just monitor how much energy that uses.

The diesel thing is a bit odd. It only applies to NEW diesels bought after 2018 and I don't think under EU regulations they can be anything other then EU6 anyway so it makes no sense.
 
boyfalldown said:
Having encouraged people to buy them for years some sort of scrape scheme would be good too
Click to expand...

old news mate, diesel has been poor form for donkeys years.
this encouraging myth is older than some of my underpants.
 
srichards said:
It's easy to have differential pricing for EVs. They're all on a separate 16 or 32 amp circuit so you can just monitor how much energy that uses.
Click to expand...

Isn't that only for fast charging? Overnight charging can still be done via a 13 amp socket...I think. Might get a bit hot but hey ho, saves on the heating bill.
 
Mr Bump said:
old news mate, diesel has been poor form for donkeys years.
this encouraging myth is older than some of my underpants.
Click to expand...

Thanks for that image. You've no idea how much happier I was not thinking about your pants

Poor form but encouraged by lower taxes and successive governments until atleast 2015
 
Lensman Mark said:
Isn't that only for fast charging? Overnight charging can still be done via a 13 amp socket...I think. Might get a bit hot but hey ho, saves on the heating bill.
Click to expand...

That's only if the car comes with such a charger in the first place. The car software could easily be changed so that when charging on a 13 amp all the benefits like timed charging and timed defrosting wouldn't work. That would put most off from bypassing it that way.
 
boyfalldown said:
Thanks for that image. You've no idea how much happier I was not thinking about your pants

Poor form but encouraged by lower taxes and successive governments until atleast 2015
Click to expand...

yeah and it looks like the proposed tax changes will only affect older diesel cars that do not conform to the latest spec which @nilagin will come along soon and probably say Euro6 so if you have a car older than that next April your tax VED will go up one band, not exactly a massive hike.
 
Mr Bump said:
if you have a car older than that next April your tax VED will go up one band, not exactly a massive hike.
Click to expand...

True - less then the costs of replacing the gun safe in mine (stands back to watch Paul froth)
 
MatBin said:
My private pension eats up nearly all my personal allowance (as will this generations private pensions in the future) meaning my state pension is actually taxed, so in effect, I wont get the full state pension despite paying in for close on 48 years
Click to expand...

They always get you one way or the other, retired early and still paying tax with none of the pensioner benefits like free travel or prescriptions
Beats working though and no NI contributions, personal allowance only went up 350 quid from next April, tight bleeders
 
Last edited:
boyfalldown said:
True - less then the costs of replacing the gun safe in mine (stands back to watch Paul froth)
Click to expand...

haha no frothing from me.
Its a positive trend that will take 10 years to get diesel cars off the roads and hybrids and leccy going

I wanted a reduction on my motorbike VED for my 750....fat chance of that
 
MatBin said:
Tax on fags I sort of agree with, although it is an afflication that many cant give up, so a bit unfair really.
Click to expand...

Can't? I think you mean choose not to. No one is forced to smoke.
 
Craigus said:
Can't? I think you mean choose not to. No one is forced to smoke.
Click to expand...

Bloody hard to give up though, if they told you just how awful it is nobody would do it,
If everyone packed up that duty would have to be found elsewhere.

Don't suppose everyone has to drive everywhere, but still whinge like mad when they put fuel duty up
(especially that lazy fat b*****d who walks his dog by car over my local nature reserve :mad: if I see him not getting out to clear up that dog s*** is going through his open window)

Sorry for the rant, but makes me so cross when I see him, more chins than a Chinese phone book
 
Last edited:
I'm glad they've cut stamp duty for first time buyers, but I wish they'd done it 6 months ago when I as a first time buyer! :(

Can't complain, that's life I guess. It'll balance out sooner or later and I'll be the winner another time lol
 
Carl Hall said:
I'm glad they've cut stamp duty for first time buyers, but I wish they'd done it 6 months ago when I as a first time buyer! :(

Can't complain, that's life I guess. It'll balance out sooner or later and I'll be the winner another time lol
Click to expand...

wiedly enough the news is though that house prices will go up to fill in the gap.
 
boyfalldown said:
Having encouraged people to buy them for years some sort of scrape scheme would be good too
Click to expand...
Lots of car manufacturers are already running their own.
But were people realy encouraged to buy diesel? There were petrol cars available with low VED as well.
The dirtier diesels which I assume is anything prior to Euro6 are only going up one tax band so it's unlikely to be a big increase. Any that fell into the £0 VED band will only be paying £20
 
Newly purchased ones from April 2018 will have to pass emissions under the real world driving emissions test so that's virtually all of them failing as none of the claimed EU6 diesels are anything other than filthy anyway. So basically any new diesel bought from 2018 on will get a one band hike in VED.
 
srichards said:
Newly purchased ones from April 2018 will have to pass emissions under the real world driving emissions test so that's virtually all of them failing as none of the claimed EU6 diesels are anything other than filthy anyway. So basically any new diesel bought from 2018 on will get a one band hike in VED.
Click to expand...

I am not sure about that, my reading on it is that the next generation will not be because they will fall much higher up the VED scale to start with.
for example an engine tested under the old scheme 129g/km in real world will be 250g/km and hence attract a much higher opening band of VED.
 
srichards said:
Newly purchased ones from April 2018 will have to pass emissions under the real world driving emissions test so that's virtually all of them failing as none of the claimed EU6 diesels are anything other than filthy anyway. So basically any new diesel bought from 2018 on will get a one band hike in VED.
Click to expand...
New cars aren't allowed to fail. They will all have to meet Euro 6. If they don't meet it, they can't sell it simple as that.
 
I wonder how much they'll put up the VED on my 2.0 litre Turbo diesel, I'm finding it hard to pay the current £30 ...
 
mrgubby said:
I wonder how much they'll put up the VED on my 2.0 litre Turbo diesel, I'm finding it hard to pay the current £30 ...
Click to expand...
You may need a part time job. About an hour a month should more than cover it. ;)
 
nilagin said:
Lots of car manufacturers are already running their own.
But were people realy encouraged to buy diesel? There were petrol cars available with low VED as well.
The dirtier diesels which I assume is anything prior to Euro6 are only going up one tax band so it's unlikely to be a big increase. Any that fell into the £0 VED band will only be paying £20
Click to expand...


True, some manufacturers do offer their own scrappage schemes. But all come with strings.

Yes, they were encouraged to
 
mrgubby said:
I wonder how much they'll put up the VED on my 2.0 litre Turbo diesel, I'm finding it hard to pay the current £30 ...
Click to expand...

im paying £10 on my hybrid at the moment. You wonder why they even bother!
 
boyfalldown said:
True, some manufacturers do offer their own scrappage schemes. But all come with strings.

Yes, they were encouraged to
Click to expand...
The only conditions I have seen are you have to owned the vehicle for a certain amount of time. Some will take in old petrol cars as well as diesel. Some will only accept the trade in on a new diesel others on petrol as well.

I was disappointed to find out my son couldn't have the scrappage scheme and my employee discount on a new Focus. As far as Ford scheme is concerned the only cars they won't allow the trade in on are the KA+, Focus ST, Focus RS and the Mustang
 
nilagin said:
The only conditions I have seen are you have to owned the vehicle for a certain amount of time. Some will take in old petrol cars as well as diesel. Some will only accept the trade in on a new diesel others on petrol as well.

I was disappointed to find out my son couldn't have the scrappage scheme and my employee discount on a new Focus. As far as Ford scheme is concerned the only cars they won't allow the trade in on are the KA+, Focus ST, Focus RS and the Mustang
Click to expand...

Some of the scrappage schemes also will only take anything older than a Euro 5 diesel car, not sure how old that is 2012-13 maybe?
 
AshleyC said:
im paying £10 on my hybrid at the moment. You wonder why they even bother!
Click to expand...

So that they can increase it, rather than introduce it, later. ;)

Let's face it, when we're all driving shiny eco vehicles, they're just going to tax them differently. More, just differently. :-)
 
chrism_scotland said:
Some of the scrappage schemes also will only take anything older than a Euro 5 diesel car, not sure how old that is 2012-13 maybe?
Click to expand...
Bit later than that I think. But obviously it depends on how much the car is worth anyway. If you have an older car it can mean a good saving as the car could have only been worth 2 or 300 quid, maybe even less.
 
The scrapage scheme from most manufacturers are nonsense. You have to buy a new car to get it and value of your car is lost.

Nissan are doing "switch" scheme on second hand electric Leaf 24kWh. You trade-in your old car, getting money on it, plus they give you £2000 contribution towards their 0% HP or 3.89% PCP and 2 yr free servicing and additional 1 yr manufacturer's warranty. I took advantage of this by trading in our 11 year old Mercedes C-coupe diesel for a 2.5 years old Leaf (with 2.5 battery warranty left), £2000 scheme and £1000 trade-in price. I ended up with £115 per month PCP payments on a top-spec Leaf and option to hand the car back if technology has moved on too much after 3 years. The 11 year old diesel costs £240 to tax, £1000+ to fuel, £200+ on servicing and possible stuff to fix. The Leaf costs 0 to tax and £300 in electricity. Overall I'm only spending £200 extra per year for a newer, nicer, bigger car with warranty.



We also have a Euro 5 larger family car. If this VED is to change, it'd be changing from £30 to £110. As the money is going back into EV/road infrastructure, I don't really mind paying more. Assume expensive £50k per rapid EV charger, that £400million on charging infrastructure would mean 8000 additional rapid chargers around the country! Even 2000 more rapids would be a major improvement.
 
You must log in or register to reply here.
Back
Top