So 'working people' won't be subject to increased national insurance, VAT or income tax. Instead they'll just lose their job as their employer can't afford to pay them.
When the company goes insolvent that's it finished ! It happened to a Co I worked for years ago, a brief meeting on Monday morning get into your car and go !
You’ll need to work 80 hours from April I’m afraid and sleep in your break thanks to labour and the ever growing boat invasion living in nice expensive hotels for you to pay for
@@ShyTalks-d8bI suspect from your comment that you’ve never run a business. I have and my margins are small. I can’t now afford to take on new staff and I’ll probably have to pass on the additional costs to my customers. Not all employers take advantage of “the workers”.
That`s not even half of it the charge kicks in at 5000 now instead of 9100 is way more expensive especially for the lower paid staff combined with the new living wage ☠ the cost of a minimum wage worker is increasing by about 20%
So a budget that will lead to: job loses, tax rises, companies shutting down, less investment into the UK. And I'm sure Labour's pals will be getting money funnelled their way.
As a small business owner, employing 8 local people, it looks like I’ll be closing the doors for good. I’m already taking home less than my employees and I’m not prepared to take any more of a hit. I’m out. And I think many more will follow
I really feel for you. People think if you run your own small business that your making loads of money but your often just struggling to pay your costs and pay yourself a decent wage. People will just give up - and that's so sad.
My business, for each item I sell, between VAT and corporation tax I was already making less money off each item than the government was. On average I made £30 an item and the government made £40
That's so sad, fact is they don't want small businesses, you only have to look at the high street. Might be a blessing, If you are taking home less than your employees you are working for them.
Punish the workers . Pay the scroungers .the workers of this country are sick of scroungers and paying for them . Punish business while freeloaders get new cars houses this country is beyond broken
"You'll own nothing and you'll be happy" (WEF, 2016). We are getting there. However, the statement applies only to the plebs, not to the entitled ones.
Simple survival of the fittest I'm afraid. Strong business will cope with this no problem. Poorly managed small ones that are not needed anyway if decide to keep sacking staff will eventually go under anyway. We need strong business not eBay and tick tok shops run from home.
HONESTLY. I feel so demoralized so much. This is a massive tax on working people plain and simple why should I got to work and work hard. Labour now say the HARDER YOU WORK, THE HARDER THEY WILL TAX YOU.
My youngest son and his wife work for her father, in a successful small business. There are 5 people who work there including the owner. They are all paid above the National Living wage but my son and his wife are still struggling to save enough for a deposit for a house of the size they need for themselves and their 2 young daughters. So they are renting. I don't think this budget will help them at all.
Thankfully, as a self employed bloke and a small business owner and not an employer other than myself, this budget won't really hit me as bad as I thought, unlike those small businesses that employ four or more people. I can see, some companies that employ new staff trying to get them all on the minimum wage. As for the general outlook, the budget isn't good because growth is negliable for the next three years or more as I see it.
Lots of Working People wont be paying More TAX..because They will Loos the JOB as Small Businesses will have to Get Rid Of PEOPLE & New small Business Wont even Bother to Starting up
I’m 1:18 in, and so far as a business owner I’m already £100 per month worse off just by you reducing the ni thresholds. Easy - both staff member’s just lost 5 hrs per month. Budget balanced. So far.
"I can today announce, that this government will ensure that the public workforce grows each year of this Parliament, with the ultimate goal of bringing the entire British economy under the wing of the British state, and that personal effort will be discouraged and private gain arising from personal effort will be made illegal. I commend this course of action to this House and to the workers of Britain."
Big business will be hurt too, either no job, or price increase's of the products they sell. Which if you are on min wage. Price raises all round, risk of losing your job.
The previous labor strategy was to startwiththeworst, then gradually relief. With the gift gate scandal, she changed the strategy to raise the tax gradually year over year.
Small businesses already are struggling and this is final nail Job losses on way and she has destroyed the business that made this country great and employed local people
Just wait until Red Ed's net zero policies push up the cost of energy so companies take a massive there. Nobody will be able to afford to build anything in this country!
It means businesses will close down. It means more homelessness. It means more waiting times in hospitals. It means more taxes for hardworking people. It means pensioners are poorer. It means more debt . It means lower living standards in a generation. We are looking at bleak and diyer consequences
Anyone who chooses to use the private sector be that education health care or what ever should get a refund against their taxes as they are not using the state places and saving the government a great deal of money. Very kind of this stupid government to agree to allow carers to work more hours and still claim carers allowance, again they are saving the government thousands of pounds a year. I was a carer for my husband but could not claim carers allowance because I worked too many hours. I managed to do this by getting up at 5am every morning to deliver his personal care needs deal with his medication and organise meals so that he could manage while I was at work. Then I came came home and started all over again.
YES she didn't put fuel duty up. SHE took it from the oil companies instead. Then they will charge us more at the pumps. So she did put fuel duty up. DIDN'T SHE
Some people are so thick they don't seem to understand the difference between taxes and increasing product prices. Oil companies have to decide to pass on any tax increases & customers have to be willing to pay for them. How do you know oil companies won't absorb the extra costs?
If you tax employers, you inevitably end up with that cost being passed on: higher prices, lower wage growth, fewer people getting a job. Reeves must surely know this if she is the economist she claims to be. I'd have more respect if she'd said that we have got a big problem, and we want to spend money on infrastructure and handle this or that, so the public need to put their hands in their wallets. That would be tough, but it would be honest. All this stuff about the black hole, the OBR, etc, is simply flimflam and erodes trust. I agree with those who say that organisations such as the OBR should be closed. It is now just a fig-leaf for politicians who want cover for what they want to do all along.
There's the welfare bill going up then, more jobs gone, Putting min wage up will mean more workers paying tax! Haven't got a clue! Britain will be on the telly soon, please give £5 month to help all those who live there!
Why don't politicians live in the real world an apprentice wages going up from 6 pounds to7 pounds an hour slave labour this is 2024 not 19 64 how can a young lad live on that the cost of living petrol prices house prices are not at 19 64 I think every one should be on the minimum wage no matter what age you are this labour government is not for the Working people
Reeves referred to comments by unelected civil servants regarding the last government. So, as with the bank of england given independence from government by Labour in 1997, Labour are intent on taking power away from the elected government and giving it to unelected beaurocrats. Labour are in overwhelming power because of an exceptionally undemocratic electoral system - people did not need to vote for Labour to get into power. In short, the electoral system has overridden democracy, rendering it impotent. Do you see where we're going? We get a bunch of totalitarian liars, whose election manifesto was a sham, in government and they listen to unelected beaurocrats in order to criticise the last government because they (Labour) lack the intelligence to see through the beaurocracy that they thrive on. Labour only have, at best, support from 33.7% of the electorate that voted (80% of the total electorate DIDN'T vote for labour). Don't we live in a democracy? No, we live in a totalitarian state where Labour, starting with Blair in 1997, are working to end democracy in this country forever and this is evident in Reeves' comments in her budget speech. Labour aren't bothered about the electorate, they're only bothered about creating a wealthy controlling elite who stay in power no matter who is in government. Democracy devolved.......
As a business owner this is just pushing me to utilise AI rather than hire. In a world where particularly entry level jobs in the corporate sector can now be automated this is going to make it incredibly difficult for new graduates and entry level candidates having any opportunities.
"I do not take this decision lightly" Oh go away your speaking so much BS like everyone before you, jobs will be lost small business will shut down or move away. NHS money wasted because every single trust has so much waste its unbelievable too many people the top too many executives non executives.
I look forward to NASA's next astronaut coming from the ranks of the floor cleaners, I'm sure they're just as capable of putting satellites into orbit as someone who's trained for 15 years.
Watching this government....no wonder the country is in such a mess ...they behave like school children...cheering like children....we need some grown up adults to run this country
Stop feedings and houseing migrants
feeding and housing.
Migrants speak better English...😂😂😂
Pathetic.
That’s 3 billion at least saved a year right there but won’t happen under labour
So 'working people' won't be subject to increased national insurance, VAT or income tax. Instead they'll just lose their job as their employer can't afford to pay them.
Working people remaining also lost any bargaining power for a pay rise.
When the company goes insolvent that's it finished !
It happened to a Co I worked for years ago, a brief meeting on Monday morning get into your car and go !
100%
Exactly
Yes, ALL employers affected will sack EVERYONE of their staff.
Where do TalkTV find these morons?
I work 60+ hours a week and yet I am not a working person because I don’t work for the public sector in my pyjamas
You need to drink more coffee and go on DEI courses.
Is this one of those soccer mom jobs where you check your emails a couple of times a day and claim you worn 70 hrs
Well said. It would be a triumph to wake them from their slumbers at home.
60+ hours a week talking c0ck on the internet. Who on earth would pay you to do that?
You’ll need to work 80 hours from April I’m afraid and sleep in your break thanks to labour and the ever growing boat invasion living in nice expensive hotels for you to pay for
Bye bye new businesses
Bye bye existing small business too. Bye bye jobs in mid sized business too!
so you didnt watch it either, did you...
small biz doesnt pay national insurance.
do i need to spell it out to you?
What’s your new business
Wfh astronaut!?
Silly sausage. Small employers won't pay ANY NI.
@ only if they only pay minimum wage and less than 4 staff. Not particularly great is it
Civil servants still working from the beach
You aren't kidding
In their Jim jams while watching sitcoms.
Some don't and have never lived in Britain.
Charging a company 1.5% just means they sack employees or take 1.5% off any pay rise they were going to offering
Or: they use labour more efficiently. Only the shyte employers will sack staff.
I confidently predict I will get a 0% pay rise in March. With inflation raging at 10%.
@@ShyTalks-d8bI suspect from your comment that you’ve never run a business. I have and my margins are small. I can’t now afford to take on new staff and I’ll probably have to pass on the additional costs to my customers. Not all employers take advantage of “the workers”.
That`s not even half of it the charge kicks in at 5000 now instead of 9100 is way more expensive especially for the lower paid staff combined with the new living wage ☠ the cost of a minimum wage worker is increasing by about 20%
@@andrewgrimshaw5180
I suspect from your comment you're a Putin Troll. Jog on.
Starmer looks like his nodding off..😴 well lets face it...this budget aint gonna effect him or his cronies 😡😡😡
So a budget that will lead to: job loses, tax rises, companies shutting down, less investment into the UK. And I'm sure Labour's pals will be getting money funnelled their way.
Most companies will Farm Admin and other departments out to the Far East where its cheaper with the Growing costs in the UK its a No Briner
I’ll get a job in the far East fml
The absolute blind irony of you lot. Staggering.
As a small business owner, employing 8 local people, it looks like I’ll be closing the doors for good. I’m already taking home less than my employees and I’m not prepared to take any more of a hit. I’m out. And I think many more will follow
I really feel for you. People think if you run your own small business that your making loads of money but your often just struggling to pay your costs and pay yourself a decent wage. People will just give up - and that's so sad.
My business, for each item I sell, between VAT and corporation tax I was already making less money off each item than the government was. On average I made £30 an item and the government made £40
Unfortunately this is their goal, to increase the gap between the elite class and the breadline. It's wider by the year, and it's 100% planned.
That's so sad, fact is they don't want small businesses, you only have to look at the high street. Might be a blessing, If you are taking home less than your employees you are working for them.
@@jamie59685you don’t pay vat as a business you was it to the sale when sold to the end customer
Punish the workers . Pay the scroungers .the workers of this country are sick of scroungers and paying for them . Punish business while freeloaders get new cars houses this country is beyond broken
Who gets new cars ?
@@Sodoff-c2b disabilty allowance instead of the basic car you can get I kinow many who have 40K & 50K electric vehicles
No mention of an inflatable dinghy tax to reduce over the channel migrants and why not throw in free puncture repair kits.
No mention about the boats and how much we are cutting spending on their benefits and hotel accommodation
Who the hell voted for these idiots!??
9.7m gullible idiots.
Other idiots !
Knobs
0ver 66% of us didn't! ....talk about tail wagging the dog.
Idiots 😂😂😂
"You'll own nothing and you'll be happy" (WEF, 2016). We are getting there.
However, the statement applies only to the plebs, not to the entitled ones.
You will own nothing and be unhappy.. but we don't care! 😂
I haven’t quite figured out how they think we will be happy though.
You will own nothing but we will tell you that you are happy.. more like. Dare say you are not actually happy and get put inside for 6 months.
@@j76384gluttony and video games keeps the next generation happy..they Don t want to work anyways...
@@j76384 They don't care, because it won't affect them in their bubble.
I hate this government and the one prior ..
Small businesses will start laying people of now watch this space.
100%
Correct, this is a typical Marxist government.
Destroy the fabric of the social structure.
Still, Rachel from accounts knows best
Simple survival of the fittest I'm afraid.
Strong business will cope with this no problem. Poorly managed small ones that are not needed anyway if decide to keep sacking staff will eventually go under anyway. We need strong business not eBay and tick tok shops run from home.
I thought the budget felt more to do with spite against the conservatives, like they have the power over them now.
Exactly right
Blowing her own trumpet and crippling the country
How can we get labour out of power asap ?
We can’t 😢
The cronyista will now create more state jobs to their own people.
Nothing legal, and this bunch of clowns aren't worth a criminal record so we're stuffed.
Guy Fawkes
Wait 5 years ?
She is a disgrace
The growth forcast had me laughing lol she be lucky if the whole of the west isn’t in recession next year the lying 🤥🤡
Inflation numbers have been a joke last 3 years , only got to go to the shops to see the real prices . I can predict again more fast rises
National living wage is a joke it bares no equivalence to the cost of living.
Minimum wage going down as rising less than inflation.
Pensioners need a National Living Wage On Pensions
HONESTLY. I feel so demoralized so much. This is a massive tax on working people plain and simple why should I got to work and work hard. Labour now say the HARDER YOU WORK, THE HARDER THEY WILL TAX YOU.
What the fuck are you talking about?
Welcome to commie uk
She needs to go to jail
so private schools will now be closing. small businesses are finished.
Booo fucking hooo
Yeah those poor families line the Johnson’s how will they make ends meet
@@chrisspencer6502wtf u on about johnson ? Labours in power now or has that escaped you ?
Those who can't afford will send them to state schools & increase the class sizes. Simple maths. Did the govt know how to count?@chrisspencer6502
@chrisspencer6502 politics of envy.
Cheek of suggesting freezing the tax thresholds is doing us a favour 😠
No mention on winter fuel payments for pensioners?
No she robbed it 😢
Precisely. She should have at least confirmed the withdrawal of WFA but presumably she dreaded the resulting uproar.
Because there aren't any 😂
frozen for those who still get it
It’s already been passed.
Why do they have to cheer and jeer like school kids in the play ground, so annoying.
It's sneering !
Inflation will increase! Business will pass any costs onto customers. It makes U.K. businesses even less competitive.
They want the country to be basically owned by a few conglomerates. Can’t have ordinary folk having aspirations now can we.
Councils around the the country will be hiking the council tax to recupe NI... God help us 😡
I wonder if they even thought about this?!
Labour...all of you. Live on the min wage for 12 months then speak to the public
That woman and starmer have over spent claimed they were lift with a black hole when they made it with there choices
My youngest son and his wife work for her father, in a successful small business. There are 5 people who work there including the owner. They are all paid above the National Living wage but my son and his wife are still struggling to save enough for a deposit for a house of the size they need for themselves and their 2 young daughters. So they are renting. I don't think this budget will help them at all.
her father will be better off. increase in Employers Allowance
@frankwood11
its literally the opposite. They literally reduced it
I think that business will reduce the staff levels to save on the increase. Well done labour
Did they mention anything about smashing the gangs?
They are irrelevant to them that's why !
not finished smashing us yet ..
"Let's raise billions more in tax and give a load of it to the MIC and Ukraine" 🤪.
Thankfully, as a self employed bloke and a small business owner and not an employer other than myself, this budget won't really hit me as bad as I thought, unlike those small businesses that employ four or more people. I can see, some companies that employ new staff trying to get them all on the minimum wage. As for the general outlook, the budget isn't good because growth is negliable for the next three years or more as I see it.
This will encourage companies to outsource more employment to overseas offices. No national insurance to pay and Akbah is paid £4.50ph
God I fucking hate this country and how it is being run. Most live to work, the other half live to scrounge.
Lots of Working People wont be paying More TAX..because They will Loos the JOB as Small Businesses will have to Get Rid Of PEOPLE & New small Business Wont even Bother to Starting up
worst book keepers ever - instant dismissal
Sounds like you're projecting, Paula.
Get plenty of food in, come April next year no one go to work stay at home, they are bringing the country to its knees, so we will help them out!
I’m 1:18 in, and so far as a business owner I’m already £100 per month worse off just by you reducing the ni thresholds. Easy - both staff member’s just lost 5 hrs per month. Budget balanced. So far.
It’s very sad but ultimately this is what will happen
"I can today announce, that this government will ensure that the public workforce grows each year of this Parliament, with the ultimate goal of bringing the entire British economy under the wing of the British state, and that personal effort will be discouraged and private gain arising from personal effort will be made illegal. I commend this course of action to this House and to the workers of Britain."
Big business will be hurt too, either no job, or price increase's of the products they sell.
Which if you are on min wage. Price raises all round, risk of losing your job.
It's not bonkers. it's deliberate sabatage of Britain by starmers WEF friends.
Working people will lose their jobs because the small businesses that employ them can't afford them, thanks Liebour.
The previous labor strategy was to startwiththeworst, then gradually relief.
With the gift gate scandal, she changed the strategy to raise the tax gradually year over year.
Small businesses already are struggling and this is final nail
Job losses on way and she has destroyed the business that made this country great and employed local people
Just wait until Red Ed's net zero policies push up the cost of energy so companies take a massive there. Nobody will be able to afford to build anything in this country!
All this will do is push small business on to working and employing staff on the black market.
Or outsourcing to another country for £4.50/hour instead…
It means businesses will close down. It means more homelessness. It means more waiting times in hospitals. It means more taxes for hardworking people. It means pensioners are poorer. It means more debt . It means lower living standards in a generation. We are looking at bleak and diyer consequences
They work for the WEF what would you expect.
Does Labour not realise that "working people" are not "working people" when they loose their jobs because of their bone policies?
lose
@@moomin7461Really?🤨
Guy Fawkes was well ahead of the curve.
Sit on your arse,Claim everything under the sun.They live better than i've ever lived.
Anyone who chooses to use the private sector be that education health care or what ever should get a refund against their taxes as they are not using the state places and saving the government a great deal of money. Very kind of this stupid government to agree to allow carers to work more hours and still claim carers allowance, again they are saving the government thousands of pounds a year. I was a carer for my husband but could not claim carers allowance because I worked too many hours. I managed to do this by getting up at 5am every morning to deliver his personal care needs deal with his medication and organise meals so that he could manage while I was at work. Then I came came home and started all over again.
Get Reeves and starmer OUT they are both a joke 😮😮
What working ppl are you talking about
Disgusting! Punishing the workers even more!
I'm not happy with the personal income tax allowance is still frozen until 2028, they said they'll raise in line of inflation, I very much doubt that.
So much for trying to grow the economy.
Last one turn the lights off
If the 70s are anything to go by we won’t have lights or heating if they continue
YES she didn't put fuel duty up.
SHE took it from the oil companies instead.
Then they will charge us more at the pumps.
So she did put fuel duty up.
DIDN'T SHE
Some people are so thick they don't seem to understand the difference between taxes and increasing product prices. Oil companies have to decide to pass on any tax increases & customers have to be willing to pay for them. How do you know oil companies won't absorb the extra costs?
If you tax employers, you inevitably end up with that cost being passed on: higher prices, lower wage growth, fewer people getting a job. Reeves must surely know this if she is the economist she claims to be.
I'd have more respect if she'd said that we have got a big problem, and we want to spend money on infrastructure and handle this or that, so the public need to put their hands in their wallets. That would be tough, but it would be honest. All this stuff about the black hole, the OBR, etc, is simply flimflam and erodes trust.
I agree with those who say that organisations such as the OBR should be closed. It is now just a fig-leaf for politicians who want cover for what they want to do all along.
It's funny because the tax thresholds are still frozen, meaning every year I earn less than I should.
Yes, until 2028
Big deal on VAT, that is an EU tax that should have ended in 2016.
No mention of spending on the military so Ukraine and Israel can't have another penny
Looks like Richard the 3rd and sounds like a Richard the 3rd....acts like a Richard the 3rd
Looks like Geraldine 😂
How uninspiring this was! More of the same messing on the margins without any mention of reform.
There's the welfare bill going up then, more jobs gone, Putting min wage up will mean more workers paying tax! Haven't got a clue! Britain will be on the telly soon, please give £5 month to help all those who live there!
India to send £5 in aid to Britain !
You made me nearly spit out my tea, brilliant 😂
These MPs jeering, interrupting etc… these are our leaders WTF?
Y does she talk so much. Her job is to inform us of changes to buget then sit down.
Get rid of this party what a disgrace there are
Let's all listen to Stephanie on UA-cam who can't type properly.
Why don't politicians live in the real world an apprentice wages going up from 6 pounds to7 pounds an hour slave labour this is 2024 not 19 64 how can a young lad live on that the cost of living petrol prices house prices are not at 19 64 I think every one should be on the minimum wage no matter what age you are this labour government is not for the Working people
we are f'd
The best way of saving a few millions is to immediately get rid of the new quango,'The Value For Money'.
Reeves referred to comments by unelected civil servants regarding the last government. So, as with the bank of england given independence from government by Labour in 1997, Labour are intent on taking power away from the elected government and giving it to unelected beaurocrats. Labour are in overwhelming power because of an exceptionally undemocratic electoral system - people did not need to vote for Labour to get into power. In short, the electoral system has overridden democracy, rendering it impotent. Do you see where we're going? We get a bunch of totalitarian liars, whose election manifesto was a sham, in government and they listen to unelected beaurocrats in order to criticise the last government because they (Labour) lack the intelligence to see through the beaurocracy that they thrive on. Labour only have, at best, support from 33.7% of the electorate that voted (80% of the total electorate DIDN'T vote for labour). Don't we live in a democracy? No, we live in a totalitarian state where Labour, starting with Blair in 1997, are working to end democracy in this country forever and this is evident in Reeves' comments in her budget speech. Labour aren't bothered about the electorate, they're only bothered about creating a wealthy controlling elite who stay in power no matter who is in government. Democracy devolved.......
Legalise cannabis, that's ~£30 billion a year in taxes love. Stop making life harder for regular people...
The way she speaks through her nose is just grating. Why can:t Labour MPs speak properly.
Have you heard Raynor? 😱🤮
They’ve all got speech impediments
Ah yes, compared to... *checks notes* Boris Johnson.
I wish that the others would behave with dignity - jeering is worse than juvenile.
As a business owner this is just pushing me to utilise AI rather than hire. In a world where particularly entry level jobs in the corporate sector can now be automated this is going to make it incredibly difficult for new graduates and entry level candidates having any opportunities.
NO MORE MONEY TO NHS EDIT EDIT EDIT
"I do not take this decision lightly"
Oh go away your speaking so much BS like everyone before you, jobs will be lost small business will shut down or move away. NHS money wasted because every single trust has so much waste its unbelievable too many people the top too many executives non executives.
How to get the economy going? Close small businesses and take £300 off pensioners. Genius.
Lies lies and more lies.
Just shut down your business 😡😡😡😡 straight away.
“ Working people “ ?
Reeves a chancellor with out portfolio.... Boils on her arse as well... thousands of boils. I will now unemployed because of this.
What is National Insurance?
Are you on PAYE ?
The Economist Reeves who worked in a bank once.
I look forward to NASA's next astronaut coming from the ranks of the floor cleaners, I'm sure they're just as capable of putting satellites into orbit as someone who's trained for 15 years.
Where have you worked? Aside from Tesco.
stupid comment. not chuffed with budget in the slightest but to say she worked just in a bank is stupid
This government is unqualified for the jobs they are doing
How will we not see a difference in our wage slips ! , she literally went back on her word from one sentence to the next
Starmer as no idea why is he still in his Job the shear ridiculous state of UK politics and theses politicians who look after themselves and big money
Crap budget tbh
I have had to put my fishing waders on as the BS is rising so fast. All part of the WEF reset for 2030!
Watching this government....no wonder the country is in such a mess ...they behave like school children...cheering like children....we need some grown up adults to run this country
Grown up adults with a brain 😂.
Cool, I'll have to let at least two staff members go. 🎉
That's thousands of jobs gone. And apprenticeships.
So many small businesses are going to the wall
Spend spend spend, tax tax tax … same old labour. They Serve their masters- the unions.