Posted tagged ‘income tax’

Budget takeaways

March 22, 2012

More nutritious than the budget?

People far cleverer than us were making their pronouncements on yesterday’s budget almost as soon as it had left George Osborne’s red box. We were never going to match that so instead have produced our budget takeaways:

False promise of the day:

The Chancellor announced that he wants a ‘simpler tax system where people understand what they need to pay’… Perhaps he was going to announce a bold new proposal for the design of local taxes that links payment locally to service delivery? Nope, he just meant publishing a pie chart similar to the ones in local government council tax bills… At least we’re trailblazers right?

Sort of good news announcement of the day:

From the LGIU:

The Government will provide £30 million to local authorities in England towards the transitional costs to new local support schemes for council tax’

But won’t provide more money to meet, you know, the benefits that are being cut. Helpful for local government; no respite for the people who are about to lose their benefit.

Unfathomable thought of the day

Did we just witness a budget where the individual in my council who benefited the most from it was my Chief Executive? Really? No, really?

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