Budget 2021

[memoii11]

I'm glad to hear the contactless card payment threshold is increasing. I have cognitive issues and often forget or mix up my PIN so this will save me a lot of fuss when it comes to shopping, paying for meals etc.

What is it increasing to?

 

[Tots]

I’m self employed and so relieved about the seiss grants being extended until September, I nearly cried. I have taken such a loss this last year as a lot of my work comes from the wedding industry. In jan and feb I took a third of my usual earnings.

 

[Moolo]

Maybe should of said that then. As I read it as you were doing brilliantly before COVID struck. As with your huge generalisation that everyone else has done great out of Fu

Ooohhhh I’m so sorry I also am fully aware that turnover is not the same as profit. But the way it was written was such that they were doing amazing before COVID hit. And now with the budget on top of it they wouldn’t be doing as amazingly?

Anyways I’m off back to work now my happy carefree days of Furlough are over
Edit to say I’m joking obviously!!

I didnt mean my post rudely btw - it's a really common misconception that so many people have - I was only agreeing with that part of it.

I dont begrudge anyone anything least of all furlough - and I know a hell of a lot of people have been affected very badly by covid (regardless of employee/employer/unemployed etc) so sorry if that gave you the wrong impression

 

[Renata]

I haven’t looked into it enough yet.

mid anyone has a useful summary please provide!

 

[lozzapaloozza]

Why didn’t you claim furlough as a limited company. We have a construction company and I claimed furlough for me and hubby and one employee for one month last April when we shut.
I agree though is always people like us that gets Shafted!

“People like us”?

Maybe should of said that then. As I read it as you were doing brilliantly before COVID struck. As with your huge generalisation that everyone else has done great out of Fu

Ooohhhh I’m so sorry I also am fully aware that turnover is not the same as profit. But the way it was written was such that they were doing amazing before COVID hit. And now with the budget on top of it they wouldn’t be doing as amazingly?

Anyways I’m off back to work now my happy carefree days of Furlough are over
Edit to say I’m joking obviously!!

Ugh us disgusting furloughed people

 

[Happy Lady]

Thank you for this thread xoxo.

I was wondering how the budget will affect us, as all our circumstances are different.

I think it's good that people can earn more before having to pay tax.

I also like Rishi's thoughts for to help people with mortgages only needing 5% deposit.