Emma M. retweeted
JOHN HEALEY, IF YOU'RE LISTENING — WHERE'S MY BREATHING SPACE?"
Paul Bowen, Bowen Pies in Chorley. Family business since 1994. Closing one of his three shops and it takes nearly £100,000 a year.
Six figures, and it still doesn't pay.
Healey promised "breathing space for today, hope for the future". Then kept employer NI where it is, kept VAT at 20%, and let energy and rents keep climbing. The wage bill goes up again in April regardless.
He offered a rates cut. Welcome. But you can't pay the electric with it.
Paul asked for the obvious: cut NI for small firms, cut rates, ease VAT, bring energy down. "Let us grow. Let us take people on. Let us have something left to put back into the business."
Breathing space? A man shutting his own shop doesn't need a shop sign. He needs a tax bill he can pay.
Emma M. retweeted
The hidden tax measure in the Budget is huge for people paying tax under self-assessment - sole traders, partners, landlords, retired investors.
For 6th April 2028-29, you currently pay 50% of your income tax late in the tax year in question (in January 2029), 50% just after the year end (in July 2029) with any make-up payment in January 2030.
Under the new proposals you will pay your tax perhaps monthly or quarterly (TBC) from April 2029 onwards. A rough analysis suggests the impact is to draw about 50% of your tax bill forward, a huge cashflow boost to HMRC and a significant funding issue for the self-employed.
The Treasury recognises this, and expects to raise £1.3bn of additional tax in 29/30 as a result of this change.
The cashflow impact of the accelerated charge will send some businesses to the wall.
Emma M. retweeted
Minimum wage going up to £13.20 sounds great until you realise businesses only have 3 options:
Raise prices.
Employ fewer people.
Cut costs elsewhere.
Workers need better pay. But if everything else gets more expensive, how much better off are we really?
Coming from the Government who has pushed through Making Tax Digital for Income Tax. Scrap that straight away then!
Healey plans to slash pointless paperwork in bid to save businesses £800m msn.com/en-gb/money/economy/…
Emma M. retweeted
If you massively increase the costs and risks of employing people, businesses will employ fewer people.
Who knew?
Job Vacancies Fall to Lowest Level in More Than Five Years order-order.com/2026/10/20/j…
My favourite thing I’ve done in the last couple of years is start parents games night. Every month or 2 we get together with my parents, my husbands parents & his younger sister and play games and have a take away. We always have so much fun and it’s lovely spending time together










