General News
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I believe the budget was leaked early by the OBR-google is your friend
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Compare & contrast with that great lettuce budget - the Liz Truss special
Remember when it causing a plummet in the pound's value, a sharp rise in government borrowing costs (gilt yields), and a significant increase in mortgage rates. The unfunded tax cuts, estimated to be worth around $45 billion, triggered market turbulence and forced the Bank of England to intervene to restore financial stability.I like my budget days to be a bit ‘meh’.
The classic freezing of allowances is a bit of a nasty stealth tax, but no big surprise.Even as an EV owner - the anomaly over income from people like me was always coming home to roost.
Not entirely sure how they will manage it - the obvious way (to me) is to use DVLA records, & introduce a “MOT-lite” thing in years 1 and 2 to catch newer cars, where just the mileage is recorded.
….but they will probably make it more tortuous -
In other countries the owner/operator buys blocks of miles eg 0-10k, 10-20k etc and displays the 'sticker' like an old MOT. It's not exactly difficult. Whether it's fair to tax hybrids in this manner or miles driven outside the UK is an entirely different matter.
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In other countries the owner/operator buys blocks of miles eg 0-10k, 10-20k etc and displays the 'sticker' like an old MOT. It's not exactly difficult. Whether it's fair to tax hybrids in this manner or miles driven outside the UK is an entirely different matter.
@PM3 said in General News:
EV miles ? Ask the Chinese to send the data
Bwahahahaa! They could add the tax onto the rubbish we all buy from them
@Adam-Kay said in General News:
In other countries the owner/operator buys blocks of miles eg 0-10k, 10-20k etc and displays the 'sticker' like an old MOT. It's not exactly difficult. Whether it's fair to tax hybrids in this manner or miles driven outside the UK is an entirely different matter.
Interesting. Not heard of that (but then, I've not looked into it either!)
I doubt they have thought this through, but it is pretty clear something needs to fill the gap in fuel duty that the ICE drivers have paid forever.
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True - the fact that there will need to be some form of taxation of electric cars has been obvious for a while. The question is 'how?'
Initial reports suggested asking owners to propose a likely annual mileage and pay at the point of proposal, and then top up if necessary. This sounds primitive, hugely open to abuse and impractical for people who drive abroad as well as in the UK. A sticker sounds interesting, but will surely be open to all these same concerns?
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I guess any 'self-declared' number will potentially be open to mild abuse....but (perhaps contrary to popular belief!) most people are moderately honest, & won't want to risk being fined for lying.
In my shoes, I would naturally chose to slightly underestimate & let the HMRC payments catch up in the future....but not madly underestimate.I still feel the DVLA has all the base information (cars, owners), but is not obviously linked to HMRC...yet.....
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Compare & contrast with that great lettuce budget - the Liz Truss special
Remember when it causing a plummet in the pound's value, a sharp rise in government borrowing costs (gilt yields), and a significant increase in mortgage rates. The unfunded tax cuts, estimated to be worth around $45 billion, triggered market turbulence and forced the Bank of England to intervene to restore financial stability.I like my budget days to be a bit ‘meh’.
The classic freezing of allowances is a bit of a nasty stealth tax, but no big surprise.Even as an EV owner - the anomaly over income from people like me was always coming home to roost.
Not entirely sure how they will manage it - the obvious way (to me) is to use DVLA records, & introduce a “MOT-lite” thing in years 1 and 2 to catch newer cars, where just the mileage is recorded.
….but they will probably make it more tortuous@mikeiow said in General News:
introduce a “MOT-lite” thing in years 1 and 2 to catch newer cars, where just the mileage is recorded.
That is exactly what is being proposed, from the consultation that I saw last night, Mot centres would need to offer a service to verify the mileage, they already have all the computer kit for entering Mot details, so a simple back end change to that system would make it available for every Mot centre in the country.
Once they Beta tested on EV's I'm sure they'll apply it to ICE cars.
Many cars can easily be clocked, but I do wonder what the implications on on modern cars that report mileages back to the manufacture, will they start flagging up clocking???
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Highly impressive. Rapid progress is being made re robotic(humanoid) locomotion. https://x.com/BenjaminDEKR/status/1996435568004370809?s=20
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Slightly better than the Russians
https://www.youtube.com/watch?v=UuUSR8TyZDE -
You could tell it was built from Lada parts the moment it tried to stand upright. Even gravity looked offended.
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Highly impressive. Rapid progress is being made re robotic(humanoid) locomotion. https://x.com/BenjaminDEKR/status/1996435568004370809?s=20
@Adam-Kay said in General News:
Highly impressive. Rapid progress is being made re robotic(humanoid) locomotion. https://x.com/BenjaminDEKR/status/1996435568004370809?s=20
Way (way, way) back in the mists of time, my PhD was in the field of seeing how to get paraplegic folk “walking” using exoskeleton braces and wearing all
sorts of computers and power packs. They looked more like Neil Armstrong on the moon. Things seem to have come on a bit. -
way, way, way...…when the world was young, and the internet still smelled like dial-up toner, a small band of misfits gathered around a flickering CRT monitor............
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I think back then the internet was, like teleporters, still a Star Trek thing and you bought Encyclopedias in bookshops. Nostalgia eh, it ain’t what it used to be.
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I do remember my Dad was the first person in the universe to get a VHS video player. Late 70s I recall. He still mentions how his pair of kippers cost 12p
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Highly impressive. Rapid progress is being made re robotic(humanoid) locomotion. https://x.com/BenjaminDEKR/status/1996435568004370809?s=20
@Adam-Kay said in General News:
Highly impressive. Rapid progress is being made re robotic(humanoid) locomotion. https://x.com/BenjaminDEKR/status/1996435568004370809?s=20
Way, way, way back, when dinosaurs still used Psion Organisers, someone on here posted a similar video and it turned out to be AI-generated!
(Does the Ban Hammer ever get loaned by the PH mods to the IM mods? Or am I just destined for the naughty step?
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