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The Government have to raise a lot of money to pay for increased security, health and safety, brexit, coalition and much more to do with the demise of austerity measures. There is only one place this extra is coming from and that is middle England. I doubt if TM is too bothered how she gets it as she won't be about too long, unless she can make better headway in the brexit negotiations.
I have noticed that some collectors chasing corporation tax have not heard of set off with CIS tax so perhaps more staff are being recruited, but of course, not trained properly.
I believe MTD will go ahead until its destructive conclusion.
Are you sure that there will be a Summer Finance Bill. As Mr Hammond has said that the budget is going to be in September he may well leave the Summer Finance Bill until then.
John is correct that there is not sufficient money in government coffers. Middle England or should I say much of London and the south will be hit by higher taxation.
This is going to be an ongoing battle until the Government stops spending more than its income or the economy picks up substationally. Neither option I believe will occur for years.
"As Mr Hammond has said that the budget is going to be in September"
Paul I cannot find this statement - not in Mansion House speech that I can see - can you advise please ?
Thanks
I too heard Hammond say that the next Budget will be in the autumn. I think it was either on the Andrew Marr Show or on the Today programme.
'To the frustration of many, the Queen’s Speech was light on the specific measures the government intends to implement and the timescale on which they hope to do so'
We are seeing more and more of this, the budget is just a hours or so's rabbit about nothing, whilst financial policies are implemented on the darkest, wettest windiest nights, when everyone merrily doing something else only to wake up and hear all about it on the radio.
I don't see how anyone can expect MTD to start in April 2018 with no details until Autumn
I don't see how anyone can expect MTD to start in April 2018 with no details until Autumn
Logic might dictate that.
Doesn't mean it won't happen, though!
I never thought I would say this, but I think I will write to the DUP about MTD.
I operate in Cumbria. The issues we face which make MTD harder than the national average are:
1. Poor and in some cases no broadband at all.
2. A higher propertion of smaller businesses which are exactly the clients who will see the most adverse impact and the highest fee increases.
My guess is that both of the above features apply to the constituents of the DUP members. If the Tories are just going to roll over on MTD, maybe we can get the DUP to vote it down.
£1 bn was already ear marked for NI development, even so, it is still less than Gordon Brown gave the DUP for supporting him in ONE vote (£1.4 bn)
I thought that the £1 bn was new money and £500K was earmarked for NI. Still cheaper than having the SNP on board.
Anyone who thinks the DUP has gone away and will sit quietly waving through Government legislation for the next 5 years knows nothing at all about the DUP.
You'd almost prefer being in a supply and confidence arrangement with Sinn Fein if they agreed to just turn up for the votes then go back to Ireland again.
If Theresa May gets through 5 months without a significant backtrack in the face of DUP threats to hold a vote of confidence or similar, she can consider that a job well done.
As the DUP has proved in hoovering up all the Proddy votes, when it smells blood in the water it does not mess about. And May is a dead woman walking.
What would the people of Northern Ireland feel if they had to have another election caused by DUP not getting what they want?
I think TM has b(r)ought stability for the next two years, after that it's anybody's guess.
I would have thought that the spectre of a reunification referendum from a Corbyn Government would keep the DUP in line.
Although JC did better than expected he's a long way off becoming PM. The Tories won't rock the boat for the next two years, though sometimes good comes from destruction.
It wouldn't surprise me if there is no trade deal with the EU and they start forming a Federal Europe, which really is what they want all along. Now with Macron on board (he didn't start a new political party for nothing) the way is clear. I see Napcron taking over the EU.