What are your thoughts on today's budget? — Scope | Disability forum
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What are your thoughts on today's budget?

Cher_Inactive
Cher_Inactive Posts: 4,414

Scope community team

edited March 3 in Coffee lounge

This afternoon Chancellor Rishi Sunak has delivered his latest budget to the House of Commons.  Setting out the government's financial plans for the year ahead, his words were widely anticipated as many people continue to struggle through the fallout of the coronavirus pandemic.  

In this thread, @Woodbine shared that the Universal Credit uplift of £20 a week will continue for the next 6 months and those on tax credits will get a one-off payment of £500.  But what other nuggets of importance did you take away from today's budget?

Photo capturing the top of Big Ben


What's the lowdown?

This BBC news article lists key points of interest as including:

  • Government to continue paying 80% of employees' wages for hours they cannot work
  • Employers to be asked to contribute 10% in July and 20% in August and September
  • Support for the self-employed also to be extended until September
  • 600,000 more self-employed people will be eligible for help as access to grants is widened
  • Minimum wage to increase to £8.91 an hour from April
Whilst those wanting to buy their first home might take comfort from the announcement that the government is backing a new 95% mortgage scheme. 

Over to you:

  • What are your thoughts? 
  • Do you think those on legacy benefits should also have received the £20 uplift? 
  • Has the budget gone far enough?
Let us know in the comments below :)
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Comments

  • leeCal
    leeCal Member Posts: 4,257 Disability Gamechanger
    edited March 3
    It sounded fair considering how much has been spent recently.
    there is just one thing, having never done economics I don’t understand who exactly we’ve borrowed billions from which need to be paid back? If it’s the IMF then where do they get their money from?

    ok, I’ve answered my one question and if any one else is interested then the answer can be found here
    https://www.bbc.co.uk/news/business-50504151
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @Cher_Scope can you check that it's 20.00 a week  for uc uplift as if that's the case I am owed money my uc only went up by 20.00 a month thank you 
  • Cher_Inactive
    Cher_Inactive Posts: 4,414

    Scope community team

    edited March 3
    @lisathomas50 Yep it's definitely weekly.  Taken from the Government website:
    • Six-month extension of the £20 per week Universal Credit uplift in Great Britain, with the Northern Ireland Executive receiving additional funding to match the increase. A one-off payment of £500 to eligible Working Tax Credit claimants across the UK.
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  • janer1967
    janer1967 Member Posts: 12,359 Disability Gamechanger
    @lisathomas50 yes it is definitely per week mine went up bu over £80 per month due to it being paid calendar month and not weekly 
    I have professional experience in HR within public,  private, and charity sectors.  If I can't help I will
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    Then I am owed money my support worker has just looked I haven't had any uplift payments at all the 20.00 extra I though was me finishing my loan repayments  
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    Thank you everyone 
  • janer1967
    janer1967 Member Posts: 12,359 Disability Gamechanger
    Sounds like you need to give them a call 

    It should show as extra on your basic allowance if you check your statements 

    Compare statements from last feb against this feb 
    I have professional experience in HR within public,  private, and charity sectors.  If I can't help I will
  • MarkM88
    MarkM88 Member Posts: 1,824 Pioneering
    Meh, I'm on enhanced PIP, will I get the extra 20 quid a week?

    Only UC I’m afraid. 
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @janer1967 checked all my statements uc are going to check now as they can't find any up lift payments 

    Will I get it back dated or will I have lost out and only start from next month please and thank you 😊
  • woodbine
    woodbine Community Co-Production Group Posts: 5,351 Disability Gamechanger
    @lisathomas50 if it has been missed off then it should be back dated, have to say it would be the first time I have heard of it being missed though. The monthly payment would be an additional £87
    I am a person with epilepsy not an epileptic, my illness doesn't define me.
  • MarkM88
    MarkM88 Member Posts: 1,824 Pioneering
    @janer1967 checked all my statements uc are going to check now as they can't find any up lift payments 

    Will I get it back dated or will I have lost out and only start from next month please and thank you 😊
    How much does your standard allowance say on your statement?
  • calcotti
    calcotti Member Posts: 3,068 Disability Gamechanger
    Then I am owed money my support worker has just looked I haven't had any uplift payments at all the 20.00 extra I though was me finishing my loan repayments  
    I don't see how you can have missed out on this. You may be misunderstanding your UC payment statement. The extra £20 doesn't appear as a separate entitlement - it is included within the 'standard allowance' figure which was increased by an extra £86.67/month. I don't think it would be possible for DWP to do a UC calculation which did not include this.
    Information I post is for England unless otherwise stated. Rules may be different in other parts of UK.
  • Cher_Inactive
    Cher_Inactive Posts: 4,414

    Scope community team

    Hi @lisathomas50

    If you're on a single claim and receiving £409.89 a month as your standard allowance then you will have received the uplift. 
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  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @calcotti my money hasn't changed since last April uc have said there is no uplift payments on my claim. Its being looked into  
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @janer1967 409.00 I have gone back as far as April 
  • Adrian_Scope
    Adrian_Scope Posts: 8,102

    Scope community team

    @janer1967 409.00 I have gone back as far as April 
    @lisathomas50, £409.89 is the UC amount including the £20 uplift. Without the uplift your standard allowance would be £323.22 a month.

    It’s also my understanding that it’s handled automatically by their computer system so it’s not possible for someone not to be receiving it.

    As you’ve confirmed your UC standard allowance is £409.89 a month, you’ve already confirmed you’re receiving the uplift. 
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  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @Cher_Scope so has the uplift been going a year already as I have 409.00 since last April 
  • calcotti
    calcotti Member Posts: 3,068 Disability Gamechanger
    edited March 3
    @janer1967 409.00 I have gone back as far as April 
    £409.89 is the single personal allowance that includes the £20 uplift. Compare it to the amount in your February and March 2020 statements and you'll notice the difference.
    You'll also notice the difference when the amounts drop again in October!
    Information I post is for England unless otherwise stated. Rules may be different in other parts of UK.
  • janer1967
    janer1967 Member Posts: 12,359 Disability Gamechanger
    I hot my first uplift in my may payment as I get paid at beginning of month so didnt get it till may 

    As everyone has said the amount you are getting includes the uplift 
    I have professional experience in HR within public,  private, and charity sectors.  If I can't help I will
  • woodbine
    woodbine Community Co-Production Group Posts: 5,351 Disability Gamechanger
    Thats that solved then !  B)
    I am a person with epilepsy not an epileptic, my illness doesn't define me.
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @Adrian_Scope my support worker totally threw me  thats why I needed to check it   thank you 

    If I was still on esa in the support group would I have been better off than uc 
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    Sorry everyone  I don't normaly take any notice I am grateful for any amount of money I get my support worker convinced me and the poor woman on the phone I wasn't getting It 

    Thank you everyone  I can see now looking from before the uplift  

    To be fair as long as I can pay my bills and have my house and food  then all is ok again I apologise 
  • woodbine
    woodbine Community Co-Production Group Posts: 5,351 Disability Gamechanger
    leeCal said:
    It sounded fair considering how much has been spent recently.
    there is just one thing, having never done economics I don’t understand who exactly we’ve borrowed billions from which need to be paid back? If it’s the IMF then where do they get their money from?

    ok, I’ve answered my one question and if any one else is interested then the answer can be found here
    https://www.bbc.co.uk/news/business-50504151
    There is a danger that govt bond prices are having to pay higher interest rates, also if interest rates increase by just 1% it will cost the treasury an extra £25 billion a year in repayments, the only easy way out is if inflation increases to around 4% (quite possible when people start spending money again).

    Overall and all things considered it was a good budget, but I think the one thing that most people who work will not realise the impact of is that tax allowances whilst getting a small increase for 2021/22 will be frozen until 2026/27, and most of the projections seem to rely on astronomical growth this year and next year, which may or may not happen.
    I am a person with epilepsy not an epileptic, my illness doesn't define me.
  • Adrian_Scope
    Adrian_Scope Posts: 8,102

    Scope community team

    @Adrian_Scope my support worker totally threw me  thats why I needed to check it   thank you 

    If I was still on esa in the support group would I have been better off than uc 
    No worries Lisa. 

    Whether you'd have been better off depends on a few different factors. UC standard allowance plus LCWRA actually pays more than ESA Support Group. But those receiving SDP were worse off under UC. 
    Can you remember why you had to change to UC and whether you were receiving SDP before? 
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    Scope

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  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    I was on esa support group  then I got a full time job but still received a small amount of esa  but then had a pay rise and  I was earning to much so esa stopped and I was on working tax credits I had a stroke so I couldn't work  stayed on esa until I was fit for work and when I went to claim working tax they said it had changed  to universal  credit 

    I think from my own calculations I am better off  I not haveing a good day I am in a quandary and its started all this uncertainty  off I cant cry even though I want to I have lost two friends they both died  but one of them was my very close friend and God father to one of my children we lost touch and he found me again in 2019  he was my first gay friend he died of heart attack at 59 years old 
    I didnt get to say bye the day he died I missed a call off him  

    I don't know how to deal with it  I don't know what to do I lost him once  but now he is gone for good 😔
  • Cher_Inactive
    Cher_Inactive Posts: 4,414

    Scope community team

    edited March 3
    @lisathomas50 I'm sorry to hear that.  Grief is a hard process and some days you really do feel that loss.  I'm sure your friends knew how much you loved them so think back to the happy memories and times you shared together.  This Mind webpage has information about coping with bereavement and please let the team know if you feel you would benefit from additional support.  Look after yourself <3
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  • janer1967
    janer1967 Member Posts: 12,359 Disability Gamechanger
    @lisathomas50 sorry  for the loss of your friends must have been a shock 

    Talk things through with friends and family bereavement is a long process and there is always support from bereavement counsellors if you feel the need 

    Take care 
    I have professional experience in HR within public,  private, and charity sectors.  If I can't help I will
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @janer1967 thank you I wish I could cry  I just feel not right 
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    @Cher_Scope it's because I missed that phone call  the day he died thats what we were doing remembering the goid times  I csnt belive it that he is just gone  fit and healthy always winding me up 

    He came to my work one day dressed in dragg lol 😆 he was the life and sole  of any party 
  • mikehughescq
    mikehughescq Member Posts: 7,532 Disability Gamechanger
    No surprises really. Can’t say I’m euphoric as some are about the £20. It’s still about £80pw too low to live on.
  • calcotti
    calcotti Member Posts: 3,068 Disability Gamechanger
    No surprises really. Can’t say I’m euphoric as some are about the £20. It’s still about £80pw too low to live on.
    And it’s only a (grudging) extension for six month six anyway. No opportunity taken to recognise that basic benefit levels are too low. (which is not a surprise but is nonetheless disappointing).
    Information I post is for England unless otherwise stated. Rules may be different in other parts of UK.
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    Hope I find a job soon my situation my change again though if a family matter goes a different way  
  • Audinut70
    Audinut70 Member Posts: 122 Pioneering
    The budget was a typical conservative budget, take from the working/lower class and give it back to the bosses, their mates. Please anyone, dont tell me you're surprised! 
  • woodbine
    woodbine Community Co-Production Group Posts: 5,351 Disability Gamechanger
    I would disagree with the idea that they will "take it all back in six months with tax hikes", that's an over simplification, in fact tax allowances for 2021/22 will increase slightly and capital gains tax won't increase until 2022/3, so there no immediate plans for a tax grab, he was far more subtle than that. Also people who's income is made up of just UC don't get enough to pay tax.
    The good news is that in the main there will be no return to the austerity policies of the Cameron/Osborne or Theresa May days.
    I am a person with epilepsy not an epileptic, my illness doesn't define me.
  • Audinut70
    Audinut70 Member Posts: 122 Pioneering
    I have one problem with the math! Boris personally shouted about £350m a week we will save after Brexit, we're 2 months into total independence, so where has this money gone? Or was he hoping we'd forget about that!
  • lisathomas50
    lisathomas50 Posts: 4,613 Disability Gamechanger
    Probably never existed or has been eaten up by the money that has been paid out on the pandemic 

    I want to know what happens to all that money when people are fined for corona virus rule breakers the government have raked in thousands on fines so far 
  • Audinut70
    Audinut70 Member Posts: 122 Pioneering
    Yeah, there's a thing! Its the nurses and the caring profession that deal with the aftermath, I really feel bad for that profession, one minister basically saying they should be grateful for their jobs. I really hope the people that voted these arrogant clowns back into power are satisfied with their decisions!
    The NHS has NEVER been a priority for these muppets. I suspect they would love to sell it all off just to get it off their backs.
  • [Deleted User]
    [Deleted User] Posts: 0 Pioneering
    Budget was the usual Tory tripe. Take off the the poor to help the rich!

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