Budget Speech 2020

[TheChamp]

Apologies hard for you?

Apologising is a sign of weakness.

 

[Eniigma]

Anything on NHI?

I'm getting mixed messages.

 

[Speedster]

Anything on NHI?

I'm getting mixed messages.

Only another kick of the can further down the road.

 

[ForceFate]

No it will not, we will get a decrease because of the low oil prices.

Oil prices are variable, and can chance depending on a myriad of factors.

 

[ToxicBunny]

Only another kick of the can further down the road.

Its literally all they can do... its a promise they've made to their voting base and now they cannot can it, but they cannot implement it either.

 

[lucifir]

Price at the pump will increase. Public transport fares will increase...

Yes, but the people will blame the taxi owners, as they will add their own markup as well.
I would like for the people to see a clear tax coming from the government, so they know who to blame

 

[daveza]

Yes, but the people will blame the taxi owners, as they will add their own markup as well.

The taxi owners, they are taxed ?

 

[Cius]

Anyone know when the income tax break comes into effect? Are all the changes due on the same day or is for instance the fuel levy increase a different date to the income tax saving?

 

[Nom Chompsky]

Anything on NHI?

I'm getting mixed messages.

Not much. All things point to a much delayed implementation.

 

[AchmatK]

Anyone know when the income tax break comes into effect? Are all the changes due on the same day or is for instance the fuel levy increase a different date to the income tax saving?

Income tax adjustments are always for the tax year 1 March to 28 February so you should see the change with your March payslip.

 

[Heisenborg]

Unions upset = good budget speech

 

[ForceFate]

The taxi owners, they are taxed ?

Fuel

 

[daveza]

Fuel

But not on earnings.

 

[rietrot]

Fuel

That's a business expense.

 

[rietrot]

But not on earnings.

In order to get financing, they should proof some kind of income which would mean they pay tax. But cash business, and who knows how clever their accountants are.

 

[HBee]

VAT is increased in 2 ways. The first is to increase the percentage VAT due on an amount. The second is to increase the cost of business input costs (like fuel, electricity etc..) that directly raises the cost of services and products to attract a larger VAT amount.

Consumers just cant catch a break.

 

[diapason]

Anyone know when the income tax break comes into effect? Are all the changes due on the same day or is for instance the fuel levy increase a different date to the income tax saving?

Income tax changes are ALWAYS from the start of the new tax year ie 1 March. Fuel levy changes are ALWAYS from 1 April.

 

[Matt91]

The Fooled you by not lifting vat and paye, but they hiked feul exponentially.

So you are worst off than before.

Fuel goes up, everything else go up, food, everything.

Maybe I'm doing something wrong but according to my workings looks like I'm going to be paying more tax... According to the new tables... Is that just a normal annual adjustment?

 

[Speedster]

Maybe I'm doing something wrong but according to my workings looks like I'm going to be paying more tax... According to the new tables... Is that just a normal annual adjustment?

You're doing something wrong

 

[Matt91]

You're doing something wrong

I must be.