Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Janet
Same ...I don't drink either! Nothing at all here for me .... have worked for 40+ years, on a minimum income and this budget is frankly ROTTEN. Like this Gov.
I got exited because childcare change would have saved me £150 a week unfortunately my son will be 3 by the time it gets implemented... So it does nothing.
Good luck finding childcare in the future! Nurseries are being driven out of business and around a third of childminders have quit since the lockdowns (in my area at least). Another perfect example of the government being completely out of touch with reality!
Please enlighten us as to which countries have lower cost of living. Your heads in the clouds pal. The eu is in meltdown and its member countries are in worse shape than here. Grass is always greener of course
Very many thanks indeed Martin for a great explanation of what this means, especially ´fiscal dragˋ, I think I finally understand it. 😊 So many thanks for everything else too, so very grateful indeed. 😊
As a mid 50’s professional who is potentially facing a voluntary redundancy package in the near future, I can’t help but feel that banning the pension lifetime allowance will do very little to tempt 50 year olds to stay in the work force. Thanks to years of fiscal drag, increasing numbers of workers are going over the higher tax threshold. Anyone, admittedly fortunate enough, to be earning over £50k, once they take income tax, NI & pension contributions into account on their earnings over £50k only end up really seeing about half of anything over £50k. Those same experienced 50’s workers are also likely to be the ones who have built up sizeable pension pots, but many will still be below the life time allowance, but their pension will still bring them close to the £50k higher tax threshold. So if they retire at say 55 and start receiving their pension, if they then go back to work they will almost immediately be taxed 40%, plus Ni. That is the really disincentive to bother going back into the work force, plus, those in their 50’s may already have sadly started losing friends and family around their own age, increasing the thought of not wanting to work and enjoy what life you have left. Average life expectancy is around the age of 80, so we all think we are going to live until 80 (assuming you are a healthy mid 50 year old). But for around 80 to be the average, that kind of means around half have already died before they got to 80. And as the odds of getting to mid 50’s is pretty good, it means nearly half will die between mid 50’s & 80. It’s a sobering thought. In summary, why would an experienced, skilled well paid worker in their mid 50’s, already receiving a pension taking them close (or beyond) £50k, want to go back to work to earn half pay (due to tax & Ni) when they have ~50% chance of dying within the next 20-25 years?
I’ll work till I die probably as a 48 years old divorcee with three children who lucked out on career as a stay at home mum. You’re lucky to have the option
A million is a huge amount in today's money. But as the limit wasn't being updated, it would have still applied 30 years from now when I retire ... and with inflation that million isn't going to go very far.
And the change that “allows” disabled people to work without fearing losing benefits? Translation: all disabled people will be pressured more to work OR ELSE lose benefits.
The problem is disabled people are disadvantaged because quite frankly employers don't want to employ them. But then they are ostracised for not working. Disabled people are treated Terribly in our society.
This was a budget for the rich. Those whose biggest problem was not being able to put more than £40k in their pension every year and not getting more than a £1m lifetime pension allowance.
No, this budget is for the middle class as the rich do not rely on pensions as they have other income streams (do you think David Beckham has a pension?). Teachers, police officers, firemen, nurses and other public sector workers on generous defined benefit pension schemes will all gain from this scrapping of the lifetime allowance. It's a good move for many, not just for wealthy doctors.
So obvious. You both believe in non-sense. Who cares if it’s for x or y or z. You should have realised that government taxes and monopolies are crippling the uk. The richest in society are getting hurt more by the poor who think it’s the richest fault. It’s the government taxes and monopolies in the back of the government pockets like stagecoach, Dyson and many more. Wake up…
As a Childcare provider... please don't say the Childcare is "free" because it isn't. The care is funded and below the actual costs of providing the care. Councils skim off a portion before it reaches settings. Many providers need to add consumerables fees in order to provide the service which parents are asked for. Many Nursery settings will close as they rely on 1-3 year old fees to make up the short fall in the current 3-4 years funding.
Private nurseries the same... it is bewildering. My former just sold hers as it was clear the way forward was being manipulated towards gov run academies.
I don't pay for tv packages , costa / starbucks, I take sandwiches to work , don't smoke , only drive my car to work , don't buy clothes I don't need , don't have a landline phone . For the things I do have a mobile on budget package , basic broadband . Work plenty. And manage to bank a bit . Cloth cut accordingly. ✂️
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
yeah she does , and in my opinion, it's a huge one and chance for you to change your life with trading.. I just bought my dream Mercedes from last week's profit. All thanks to her expertise.
After I got 300K trading with Mrs Naomi. I bought a new House and I'm now able to send my kids to a better school in the states thanks to mrs Naomi's trades. When someone is straight forward with what he or she is doing people will always speak up for them.
it's easier for me to work with a broker. It's more of a partnership, all based on a shared percentage. She does the legwork required to pick stocks and execute trades, provides complete investment management to achieve your specified goals
She has been trading for me, her strategies are wonderful and she made me see binary and forex trade from a different dimension. I keep making profits weekly
It’s sad that you don’t mention the disabled at all; as usual, the forgotten ones. A disabled person on PIP and some form of income support has their savings capped at £6,000, which is worth less and less due to inflation; this makes it harder or impossible to save for any reasonable type of secondhand car or expensive medical equipment. Is there ever any chance of you lobbying for financial assistance for this group, please? You put a lot of focus on childcare here, but the disabled…? Not so much.
Savings are capped at £16,000. The lower capital threshold is £6,000. Any capital between £6,000 - £16,000 has 'tariff income' applied to it so that any block of £250 above £6,000 means that the weekly means tested benefit is reduced by £1. So if you have £10,000 you will have 16 blocks of £250 above £6,000 and your means tested benefit would be reduced by £16 per week.
Wow amazing to see others who trade with Mr John sears I’m currently on my 5th trade with him and my portfolio have grown tremendously. All my financial goals have been achieved since I Met John sears.
If you're rich, you benefit, if you're poor it just means you might be able to survive, it's not good news for poor people nor those with more. Only the rich benefit
How does it help the very poor? Especially those without kids. This was a budget for the rich. Those whose biggest problem was not being able to put more than £40k in their pension every year and not getting more than a £1m lifetime pension allowance.
That’s the problem with this country benefits our to high ,they don’t want too work , I know several people on benefits and the better off than me , I got to pay for everything they get it all for nothing .
@@christopher554 Maybe you should go into further education so that you can learn the difference between to and too and are and our. Also, the UK has some of the lowest benefits in Europe.
@@christopher554 I'm disabled and don't work, do try not to generalise, I worked for many years running a complex for people with mental health illnesses but I literally cannot work anymore. There are a hell of a lot of people like me who have no choice but to claim benefits. If the benefits were any lower I wouldn't be able to survive. People on benefits pay tax too fyi.
So the childcare thing might not be as good as it sounds on the tin, your saying that in their most important development years they will be looked after the state and not a caring adult? I think this might cause attatchment issues as women are forced to go back to work full time "because the state will look after their children." I'm not convinced this is what's best for child or the mother and could backfire spectacularly in the future.
What will they be injecting into the children in these places without the parents knowing, of being fully informed of any type of medical procedure being applied to the children before "enteringthis house"? Will the mp's bairns be exempted from "undertaking any medical procedure before entering this house"????
@@imwithstupid00011 “What will they be injecting into the children in these places without the parents knowing,” Oh, don’t be an absolute paranoid wazzock!
@@imwithstupid00011 Whut? I'm talking about psychological development. Securely attached children experience less mental health and physical health problems later in life than insecurely attached children. I don't know how taking children away from their primary care giver at that age can be good for them as there is no consistency and I seriously doubt that chaildcare facilities are going to be able to give the 1 to 1 care to a small child that they would receive from their actual parent.
Hi Martin. What you do is fantastic. I suppose one problem is that a significant number don't get your emails I don't have a TV and rarely listen to radio (long story). I hope this helps increase your audience, in a digestible way, so that anybody watching or listening doesn't have to deal with a fast scattergun of things they may not have thought of or understand. Sorry to "guess" what your TV & Radio content is like. I hope my ignorant comments may be useful in some way. I think you do a very important job. I hope Citizens Advice are also watching. Thanks so much for making this your mission. 🤗👍
Hi! Good grief why aren’t you broadcast to every home in the UK instead of trying to mentally work out what will or won’t affect me in the budget each time. I’ve just watched you for the first time and I’ve never understood the budget so easily before. TA! Thanks Aah Kid much appreciated!!!
A million pound pension pot will only buy you an annuity of £35k at 55 and £55k at 65. Much less than the £100k+ salary that someone may have enjoyed pre-retirement. Done so that consultants carried on working rather than retiring because of 55% tax!
It makes everyone worse off, but as most poor people pay little or no tax and receive far more in benefits than they pay in tax they are the real winners.
Sad to see no mention of LISA penalty or limit on a not fit for use scheme. Thank you for campaigning. Does that mean we have to wait till next year to see action? Or can they change it before then if decided to
With regards to energy and if the government really wants to help people with the high cost, I would have thought the government could scrap the high standard charge. This would help people more when they try to save on running cost when they reduce the energy used.
Why would the government want to help people out when they don’t like private businesses or people being happy. Most of government is made up of socialists in an elite club called “parliament”. Scrap taxes and privatise everything.
🤦🏻♂️ Our son will be 3 by the time these changes come in.. This would have saved us £150 a week or £75 a week for 15hrs. Why the fk does it take a year to implement. This budget does nothing to help people that work full time. You might aswell go part time and claim benefits be better off.
Exactly. Our boy just turned 2 - this would have meant my wife could have gone back to her regular role rather than working nights. A promise for a new government really.
Nothing really in for the hard working average earners, unless you have kids, it’s about time they addressed the childcare, it’s like a second mortgage, too late for me but will help many. I am happy to pay into the system for people who genuinely need benefits if they can’t work through illness but this system is just abused by the downright lazy folk who think they are owed it by default. Thanks for the video Martin, keep em coming
No additional funding for nurseries so more will close with less spaces available. It will mean in real terms no additional mum's back at work due to the closures with the remaining ones not being able to take up the slack. Increasing ratios has been proved to be unsafe. The Government didn't listen to anything that was discussed in the childcare debate. More money thrown down the drain achieving nothing in real terms. Lots of words with no substance.
WHY AS A UK TAXPAYING PENSIONER AM I HAVING TO SUBSIDISE CHILD CARE FOR PEOPLE WHO CAN EARN UP TO £100000 A YEAR IF YOU CANT FEED AND KEEP THEM DONT HAVE THEM
Can u explain the truths behind transferring pensions into sipps or sass and using them in ltd company inorder to buy commercial properties and not being taxed? Thanks
A mom who might not be able to feed the other children if she doesn’t go back to work…I’m a government that doesn’t pay maternity leave for 2 years like other European countries
too many mothers that make poor choices in life and now scream for child-care to make up for their mistakes. government chooses to pander to them instead of helping out the disabled, working people and carers! the general election can't come soon enough to get rid of these clowns
I've always been on a fixed energy contract and my current 2 year one expires 31st March. Because there aren't any being offered now I'm being put on a SV tariff and I don't want to be 😞😞 Hopefully it will be possible to change back when things improve.
6:30 - "maximum your allowed to PUT in pension over you lifetime" - but think it was the max you can HAVE in your pension - right? So includes growth of investments within pension.
The lifetime pension cap removal will not bring more GPS out if retirement as most have retired because the NHS has been systematically ravaged by the tories.
Spot on, those who can afford it aren't working, those that are sick can't get help so they're not working PLUS how many average ppl can afford even if they're working to have money aside for a bigger pension. All the budget does is benefit the poor. Martin goes on about how he is delighted on energy is poor because it's too expensive now!
My doctor neighbour retired recently (aged 56) on a guaranteed index linked pension of around £48,000 per year after over 30 years of work and she had to pay tax of £31,000 because her theoretical pension pot was over the 1 million lifetime limit. She certainly would have stayed-on working to avoid this tax.
Jesus christ why do you have subtitles in the video?? I can’t watch videos with them on…for gods sake! All these platforms have optional captions! I needed to watch this!
Is there any update on if those on universal credit can get the higher rate of childcare costs get it immediately (this April) or if this will be next year, or the year after…
you think that you said that the pension lifetime allowance the maximum you could pay into a pension (prior to the current government's changes) but I thought this is maximum value that the fund can grow to before a penal tax rate is applied. The fund could be considerably more than what is paid in given some decades of (hopefully) growth
Re the money purchase allowance, I'm currently limited to £3600 a year (NOT the £4k figure frequently quoted). Understand that is because I'm already retired, living on my pension etc. etc. so that different rules are applied? Anyway, does anyone know if that limit is being raised to £10k in the same way?
@@kevinsyd2012 Thanks for coming back. Agree; I get tax relief at source so I pay £2880 a year, and my pension account is credited with £3600., Was any change to that limit made in the budget? I believe not, but looking for confirmation.
Disappointed not to see more reform to benefits for larger families, households on benefits with three or more children are already much more likely to live in poverty, and lack of additional childcare support makes it harder to return to work and increase their income. Feels like a missed opportunity to improve child poverty rates. Increased support with childcare costs for under threes will be welcomed by families, but did it need to be universal? Could this not be means tested like the golden ticket for under twos now but with a more generous threshold? Likelihood is that this will squeeze nurseries and early years settings even more, meaning that they need to raise prices for wrap around care even further and make cuts to stay afloat, possibly reducing the quality of care for children. I think there will be many people praising this budget after seeing the impact to their bank account, but if we're honest it seems to miss the mark on protecting the most vulnerable in our society. Was please to see possible changes coming to the work capability assessment for UC though. We'll see how that develops!
Child care will be free for some children. there is not enough physical capacity or qualified personnel to supply child care. Good luck I securing child care..Like looking foe a needle on a haystack.
Sorry man, i know these clowns constantly keep you on your feet but in a world of nonsense yours is the rare voice worth hearing from. Keep at it. We are becoming informed !
My utility provider is still charging more for prepaid meter customers than they are with direct debit customers. I'm looking to switch to prepaid because I would be able to get cashback with purchasing the energy and save. Is there a way of forcing the company to pay the same price?
Still seriously trying to find out what this budget means to those of us on disability legacy benefits such as ESA and PIP ! Any way we can find out what to expect?
If a national living wage requires a certain wage to live in a certain quality world then why should anyone earn more than another. That is the ultimate call on equality. And economy.
Help & advice appreciated please: I’m currently on maternity leave from a part time job, less then 16 hrs. My partner works full time. I cannot return to work as we have no childcare for our baby. I’m not entitled to anything due to my partners earnings (which aren’t massive) . We are totally stuck, is there any other help/ benefit we can apply for?
