Jump to content

Recommended Posts

  • Replies 359
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Eddy will divide the remaining outstanding budget deficit and divide it by the 33,000 or whatever it is island households to produce a further levy on the ordinary people to keep his scrawny arse in t

Interesting how presentation is everything and if you are moronic about the way you announce it you are sunk. Everyone will pay an extra £160 no matter what they earn, and this seems to have been gree

11 hundred take home, or less if the 15 k is from being self employed, rent or mortgage 700 a month, two kids, food 300 a month and petrol car tax electricity rates phone and so on. 15k is fuck all to

Posted Images

Then everyone above £20,001 pays 160 more, up to tax cap level.

Interesting how presentation is everything and if you are moronic about the way you announce it you are sunk. Everyone will pay an extra £160 no matter what they earn, and this seems to have been greeted by a very muted response bordering on apathy or even acceptance of it as "fair". But this is 3 and a bit times the toilet tax that almost caused a revolution and that was just per household. This is per head. Surely, this is just as harsh on the low paid. Or is £18,500 now adjudged as affluence?

  • Like 6
Link to post
Share on other sites

 

Then everyone above £20,001 pays 160 more, up to tax cap level.

 

Interesting how presentation is everything and if you are moronic about the way you announce it you are sunk. Everyone will pay an extra £160 no matter what they earn, and this seems to have been greeted by a very muted response bordering on apathy or even acceptance of it as "fair". But this is 3 and a bit times the toilet tax that almost caused a revolution and that was just per household. This is per head. Surely, this is just as harsh on the low paid. Or is £18,500 now adjudged as affluence?
The IoM's "nouveau riche"...?

 

Setting the tax benchmark (HNWs excepted) for coming years...

Link to post
Share on other sites

So, from what I heard child benefit has been adjusted relative to earnings, but what about the pensioners T,V. license ? how are they going to administer it, will it be anyone why is not liable to pay income tax will get a free one or will it be those on Social Security will get one ? anyone know.

Link to post
Share on other sites

 

All those tax calculations are meaningless btw. He didn't announce what the new allowance would be, just that it would be around £14k

Good point, it could be £10 after all the usual backtracking and negotiations.

 

Best bring in some consultants to sort it.

Link to post
Share on other sites

I've just read Alf's objections. If there are seven years' worth of reserves left (other than the pension fund), that is a better position than I had previously thought.

 

Why not introduce rent caps so that the costs of this tax rise are borne by those who should bear it?

  • Like 3
Link to post
Share on other sites

Interesting facts published by Energy FM on spend per capita this morning. Looking at the equivalent UK figures it's amazing how we seem to be able to spend almost exactly what UKG spends per head of population to deliver services but our top tax tax rate is half that in the UK and our basic rate of tax is less than the UK.

 

IOM Spend

 

£11,100 per resident

 

http://www.energyfm.net/cms/news_story_361362.html

 

UK spend £11,300 per resident

 

http://www.ukpublicspending.co.uk/breakdown_2015UKdt_14dc5n

Link to post
Share on other sites

Interesting facts published by Energy FM on spend per capita this morning. Looking at the equivalent UK figures it's amazing how we seem to be able to spend almost exactly what UKG spends per head of population to deliver services but our top tax tax rate is half that in the UK and our basic rate of tax is less than the UK.

 

IOM Spend

 

£11,100 per resident

 

http://www.energyfm.net/cms/news_story_361362.html

 

UK spend £11,300 per resident

 

http://www.ukpublicspending.co.uk/breakdown_2015UKdt_14dc5n

That equates to about a billion pound spend, it'd be interesting to see what our income is per annum?

 

When you look at the average income tax take as discussed above, our share of VAT, investment income etc must be huge?

Link to post
Share on other sites

What gets me is the way members of Tynwald debated the budget, often critical of parts of it, but then only three MHKs voted against it. I suppose that's because it's sold as a package deal - like all of it or none of it.....

  • Like 1
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.


×
×
  • Create New...