Quote:
Originally Posted by Damien
My ideas are never bad! Well, apart from that one time......
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dont worry we all brainstorming mine might be just bad too.
any some key budget stuff
UK ECONOMY
Independent Office for Budget Responsibility (OBR) revises up UK growth forecast for 2012 to 0.8% - from 0.7%.
Forecast for 2013 is 2%, for 2014 is 2.7%, and in the two years after that 3%.
BORROWING
Borrowing this year to be £126bn - £1bn less than forecast in the autumn. Forecast to fall to £21bn by 2016-17.
INCOME TAX
Age-related allowances for pensioners to be simplified over time, starting in April 2013, creating a single personal allowance for all but ensuring no pensioner loses in cash terms.
HOUSING
Extra funding to help construction firms building new homes.
HELP FOR BUSINESS
Enhanced capital allowances for businesses setting up in new Scottish enterprise zones in Dundee, Irvine and Nigg. A Welsh enterprise zone to be created in Deeside.
Simplified tax system for small firms with a turnover of up to £77,000.
Government support for £150m of tax increment financing to help councils promote development and an extra £270m for the Growing Places fund.
Tax relief for the video games, animation and high-end television production sectors.
PUBLIC SECTOR
Government evidence to be published on the case for regional public sector pay. Option for government departments to move to regional pay structures for civil servants when current freeze ends.
ENERGY
"Major package of tax changes" to boost oil and gas extraction in North Sea, along with £3bn new field allowance west of Shetland.
JOBS AND SKILLS
OBR forecasts unemployment to peak this year at 8.7% before falling each year to 6.3% by 2016-17.
One million more jobs to be created in the economy over five years, OBR says.
CHILD BENEFIT
FUEL, CIGARETTE AND ALCOHOL DUTIES
PENSIONS
Automatic review of state pension age to ensure it keeps pace with increasing lifespans.
TRANSPORT AND INFRASTRUCTURE
Extend electrification of the Transpennine route between Manchester and Sheffield. Further improvements to the lines between Manchester and Preston, and Manchester and Blackpool.
Funding for superfast broadband and wi-fi in the UK's 10 largest cities.
GREEN MEASURES
OTHER TAXES AND ALLOWANCES
ARMED FORCES
Family welfare grant and council tax relief for armed forces doubled.
Extra £100m to improve military accommodation - funded by £2.4bn savings from ending combat operations in Afghanistan.
So far this it. surely not putting pension age up again not good idea. surely we all age differently those clearly cant work should be allowed pension. those can work decide if they want to carry on.