What will you spend your extra �120 on?

[jake-the-peg]

http://news.bbc.co.uk/1/hi/uk_politics/7397705 .stm

I imagine though that many of the Tory supporters on here will be so disgusted with the cynicism that they'll be donating theirs to charity!

Tell us which charity you'll be donating yours to!

[naomi24]

I wonder why they don't simply reverse their decision?

[DrFilth]

i will still never vote for labour. brown is a ba$tard full stop.so he is giving me my money back. give it back now not in september. once a ba$tard always a ba$tard.
and jake i don't vote tory. i have always voted for labour but never again...

[jake-the-peg]

Come on Tony you won't get the EU presidency by calling Brown names!

[DrFilth]

who is tony ?????????????

[naomi24]

Another one bites the dust.

[Tichfield]

There are still people with low incomes who will lose out.

This government is "not fit for purpose".

[Kathyan]

Funny how they announce this just before the by-election. Then, come September, they will announce that they cannot afford it after all! Why can't they give the money now?

[tiggerblue10]

I bet thee will be a further 4 increases in fuel bills and petrol by September so the �120 is already down the swanny!

[123everton]

I have to agree with Naomi, why did'nt they just ditch the policy. Far easier, far cheaper and far more effective.

[shaneystar2]

I will be donating mine to the Mr and Mrs S fund whose pension he is raiding with his 10p nonsense.
We will then be able to afford better bread to go with our water .
As early retirees over 60 and not yet 65 our pension is hammered . We worked hard to provide ourselves with said pension .I sometimes wonder why we bothered ....Perhaps we should have sat on our bums for the last forty years ....we would be quids in .

[novalis]

Agree with shaneystar2.

[DrFilth]

well said shaneystar2 i am in the same boat

[DrFilth]

on the news now this tax refund is for ONE year only. still happy ????????????????????

[abstibus]

I suppose they'll tax it?

[stokemaveric]

the problem is that the govt actually think that they are GIVING people something....thae rate of inflation is spiralling.they are immune from the real world with their inflation busting pay rises and ''expenses'' they dont live in the real world....................

[vehelpfulguy]

Note that you are not actually going to get �120 back in your pocket in a single lump.

All they have done is increase the tax band by �120 so that you dont pay tax on another �120 you earn over a year.

Which means, in effect, you will have an "extra" �10 a month take home pay, so in fact back where you were BEFORE the new tax year started on april 6th when you lost the �10.

status quo.

[pastafreak]

Oh how nice of them!!..and it is just that little bit less than what I was due to loose this year.Well-that is one year sorted...does it give us enough time to plan a peasants revolt?????

[stokemaveric]

the term ''LET THEM EAT CAKE'' springs to mind.................

[shaneystar2]

I live month to month and bank with HSBC not Mr Darling ..he's had more tax out of our pension already and will continue to get it until September when this new malarkey starts .In the meantime we are out of pocket .
For people on low and fixed incomes already this whole fiasco is a pain in the wallet .
By the time people actually see this money it will be eaten up by price rises anyway.If they don't get it out of you one way it's for sure they'll find some other devious way of getting it .