for now let’s focus on the actual facts ie that taxes are about to go up to their highest level for 70
years
your regular reminder that the corporation tax (CT) rate will go up from 19 to 25% with effect from 1 April 2023
and that employees, employers and the self-employed will all pay 1.25p more in the pound for National Insurance (NI) from April 2022
and that income tax thresholds have been frozen until 2026, which means a higher tax haul as incomes rises with inflation
from the mighty @JohnRentoul

“unabashed, Sunak has launched another assault on the intelligence of the electorate today”

independent.co.uk/voices/rishi-s…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Jim Pickard

Jim Pickard Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @PickardJE

27 Nov
Breaking:

Boris Johnson has announced mandatory mask-wearing *in shops and on all public transport*
with a review in three weeks
to be more precise he said the rules around face coverings in shops and public transport would be “tightened”, let’s see what that means in practice
Read 7 tweets
26 Nov
- the official report into Boris Johnson’s plan for a bridge or tunnel between Northern Ireland and Scotland has just been published

- tunnel would cost up to £208bn

- bridge would be up to £335bn Image
"planning, design, parliamentary and legal processes,
and construction would take nearly 30 years before the crossing could become operational, even given a smooth passage of funding and authority to proceed"
respect to Peter Hendy for at least pretending to take the whole thing seriously, with actual charts and visual designs etc ImageImageImage
Read 5 tweets
11 Nov
-Johnson took the moral high ground with Tory MPs yesterday, saying:

“you must put your job as an MP 1st and you must devote yourself primarily and above all to your constituents”

-we calculate the PM himself has made over £4.3m from outside interests

ft.com/content/a256fc…
- Johnson also juggled job of being MP with editing Spectator mag from 2001 to 2005

- the @FT calculation of £4.3m doesn’t even include his first stint in Westminster from 2001-2008 because the register didn’t demand disclosure of precise payments then

by me with @kadhim
it’s on the @FT front page tonight Image
Read 4 tweets
7 Nov
- this government likes changing the rules to its own benefit

- thus changing recruitment process for Ofcom chair after Paul Dacre rejection

- now it has hired a lobbyist to advise the selection process

- his firm advises Sky, Facebook and Apple

ft.com/content/36d958…
Dr Damian Tambini, a fellow at the London School of Economics, said the dispute about appointments was endangering Ofcom’s “gold standard” reputation.

Tambini said that if Prescott had significant links to companies regulated by Ofcom, “this should disqualify him”.
here’s a reminder of how the Ofcom selection process has been changed to help Dacre, via @jimwaterson last week

google.co.uk/amp/s/amp.theg…
Read 8 tweets
4 Nov
meanwhile at @COP26 we are seeing a major unravelling of some of the biggest multi-country agreements:

1) Indonesia says the deforestation agreement it signed two days ago was “inappropriate and unfair”

ft.com/content/f01342…
2) today’s big announcement is loads of countries have signed agreement to phase out coal power stations #cop26

- but original targets have been watered down from 2030 (developed countries) and 2040 (developing)

- instead it’s now 2030s/2040s “or as soon as possible thereafter”
I’ve been helpfully leaked the document signed by the various countries, you can see the much looser wording here
Read 4 tweets
3 Nov
Angela Rayner at #pmqs: “In no other profession in our country could someone be found guilty by an independent process and just have their mates vote them back into the job. Surely the prime minister and this government are not going to do that today?”
Boris Johnson points out that the Paterson case involved a serious family tragedy and asks whether the existing procedures allow for proper appeal: “It should be approached properly in the spirit of moderation and compassion
Rayner replies that if it was a police officer, a teacher or a doctor the public would expect the usual disciplinary processes to be pursued: "They can change the rules to allow cash for access....why is the prime minister making it up as it goes along."
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(