Robert Corbishley (@robcorb) header
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White wine and opinions. Member @speechunion

UK
Joined February 2009
Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)Photo by Robert Corbishley (@robcorb)
Robert Corbishley retweeted
This deserves far greater publicity, so please repost.
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 ยฃ1.3bn 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.
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Robert Corbishley retweeted
โ€œLet them eat gherkins.โ€
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Robert Corbishley retweeted
The state is spending more per person than at any time outside the pandemic. Yet a third of us now use private dentists, record numbers have private health insurance, and nearly a third of pupils have had a tutor. Welcome to Top-up Britain. My Spectator cover this week ๐Ÿ‘‡
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Robert Corbishley retweeted
NEW: No 10 clarifying that despite the Chancellor saying he would cut the welfare bill by the next election there is no commitment to do so
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Nobody in the Cabinet has even run a business.
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 ยฃ1.3bn 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.
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Robert Corbishley retweeted
๐Ÿšจ BREAKING: A UK bank chief executive has said of Healey's budget: "Taxing the engines of growth to reduce VAT on gherkins is end-of-Rome level of stupidity" ft.com/content/80acb561-34e2โ€ฆ
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Robert Corbishley retweeted
A good Budget for Badenoch
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Robert Corbishley retweeted
John Healey will cut ยฃ2bn from the defence budget despite boasting about filling a funding black hole. Read more from our defence editors ๐Ÿ‘‡ telegraph.co.uk/politics/202โ€ฆ
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Robert Corbishley retweeted
Who could this refer to? Mr lack of honesty John Healey.
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Robert Corbishley retweeted
Can anyone please explain to me why the Chancellor paying ยฃ100 into my bank account to help me pay my energy bill - which I can easily afford and will be rising by far more than that sum anyway - is going to help the economy or deliver growth in every postcode? This is insane fiddling while the economy burns.
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Robert Corbishley retweeted
The Budget in summary: We're going to Hell in a handcart but the Chancellor has applied a slight brake to our speed for a few months as we continue to hurtle towards the inevitable.
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Robert Corbishley retweeted
Big row potentially brewing on defenceโ€ฆ Tories alleging that Healey - the man of principle who quit over DIP - might actually be *cutting* defence spending In the next two financial years, the budget for the MOD will be ยฃ1bn a year less than Rachel Reeves planned when the DIP was published in June. The total departmental spending can be calculated from the Budget Red Book pages 145-147. When compared to the DIP settlement, the Tories claim it shows that Labour are cutting ยฃ1bn a year from the MOD budget for the next two years. Why? It appears that they are forecast to spend less than expected on pensions. Rather than the MOD being allowed to reuse this Resource Department Expenditure Limit, the Treasury has kept it Cartlidge: โ€œThis is a complete dereliction of duty from the Chancellorโ€
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Robert Corbishley retweeted
Also today... the OBR has calculated that the Employment Rights Act will have a โ€œnegative economic impactโ€ as the cost to businesses will far outstrip any boost to workersโ€™ productivity. cityam.com/labour-workers-riโ€ฆ
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LATEST Net migration to go up again to 230,000 by the mid-2031 under Labour, OBR forecasts show. More on the Budget now on @GBNEWS.
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Robert Corbishley retweeted
Labour manifesto, 2024. Couldn't have been clearer.
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Britain is broke. And to fix it, we need to start growing again. Thatโ€™s why Reformโ€™s Economic Rescue Plan includes these 64 pro-growth measures Iโ€™d take if I were Chancellor: ๐—จ๐—ป๐—น๐—ผ๐—ฐ๐—ธ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—ฆ๐—ฒ๐—ฎ 1. Approve Rosebank 2. Restart oil and gas licensing 3. Legalise onshore exploration 4. Abolish the Energy Profits Levy 5. Restore maximum economic extraction as the North Sea regulator's objective ๐—ฅ๐—ฒ๐—ถ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—•๐—ฟ๐—ถ๐˜๐—ฎ๐—ถ๐—ป 6. Abolish the Emissions Trading Scheme 7. Halt the Carbon Border Adjustment Mechanism 8. Repudiate AR7 contracts for difference and scrap AR8 9. Implement the Fingleton Review on nuclear in full 10. Automatically approve French and South Korean nuclear designs ๐—š๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—›๐—ผ๐—บ๐—ฒ๐˜€ ๐—•๐˜‚๐—ถ๐—น๐˜ ๐—ถ๐—ป ๐—ข๐˜‚๐—ฟ ๐—–๐—ถ๐˜๐—ถ๐—ฒ๐˜€ 11. Cut affordable housing requirements on brownfield sites 12. Permitted Development Right for brownfield housing 13. Repeal Biodiversity Net Gain 14. Exit the Aarhus Convention 15. Repeal and reform the Habitats Regulations, including Nutrient Neutrality 16. End the boiler ban 17. Legalise air conditioning to meet overheating rules 18. Remove mandatory EPC improvements 19. Revoke the Future Homes Standard 20. Repeal the Renters' Rights Act ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—–๐—ฟ๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—ก๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—œ๐—ป๐—ณ๐—ฟ๐—ฎ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐˜‚๐—ฟ๐—ฒ 21. Legislate approval for new runways at Heathrow and Gatwick 22. Auction airport landing slots 23. End 'target-consistent' carbon pricing in project evaluation 24. Ban carbon emissions considerations in planning applications 25. Fast-track all water reservoirs as nationally significant projects 26. Make Development Consent Orders a true one-stop shop 27. Restrict judicial review of ministerial planning decisions 28. Scrap Net Zero construction rules 29. Scrap the social value test in procurement 30. Lift launch limits at SaxaVord Spaceport 31. Open completed sections of East-West Rail ๐—๐—ผ๐—ถ๐—ป๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—”๐—œ ๐—ฅ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป 32. Review regulatory barriers to AI adoption 33. Permit on-site gas generation for data centres and industry ๐—ฅ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—–๐—ผ๐˜€๐˜ ๐—ผ๐—ณ ๐—›๐—ถ๐—ฟ๐—ถ๐—ป๐—ด ๐—•๐—ฟ๐—ถ๐˜๐—ถ๐˜€๐—ต ๐—ช๐—ผ๐—ฟ๐—ธ๐—ฒ๐—ฟ๐˜€ 34. Cut Employer NI back to 13.8% 35. Introduce a migrant worker levy 36. Repeal the Employment Rights Act 37. Clarify that workplace rights don't require mandatory training courses 38. Let experienced tradesmen work on government contracts without CSCS qualifications ๐—จ๐—ป๐—น๐—ฒ๐—ฎ๐˜€๐—ต๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—–๐—ถ๐˜๐˜† ๐˜๐—ผ ๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐˜† 39. Review bank capital requirements to boost lending 40. Rule out Net Zero in financial regulators' remits 41. Repeal climate-related financial disclosure rules ๐—š๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐— ๐—ผ๐˜๐—ผ๐—ฟ๐—ถ๐˜€๐˜๐˜€ ๐— ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด 42. Scrap airport 'surface access strategies' 43. Abolish the electric vehicle mandates 44. Apply domestic GB hours to all UK HGV trips 45. Ban Low-Traffic Neighbourhoods 46. Back the M4 Relief Road 47. Move a new car's first MOT to four years 48. Abolish the Renewable Transport Fuel Obligation ๐—จ๐˜€๐—ถ๐—ป๐—ด ๐—•๐—ฟ๐—ฒ๐˜…๐—ถ๐˜ ๐—™๐—ฟ๐—ฒ๐—ฒ๐—ฑ๐—ผ๐—บ๐˜€ 49. Replace GDPR with a New Zealand-style Privacy Act 50. Fully re-legalise Imperial units 51. Review all unchanged EU law 52. Automatically repeal remaining EU law in 5 years unless retained ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐—น ๐——๐—ฒ๐—ฟ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜† ๐— ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฒ๐˜€ 53. Make quarterly Making Tax Digital reporting voluntary 54. Reduce legal obligations on SME Non-Executive Directors 55. Double permission-free event days from 28 to 56 56. Make pavement dining licences automatic and permanent 57. Let shops open until 10pm, except Sundays 58. Repeal board diversity and inclusion rules 59. Remove the Sustainable Aviation Fuel mandate 60. Abolish the packaging tax 61. Scrap BBC and Channel 4 priority on streaming platforms 62. Remove the Public Sector Equality Duty 63. Five-year sunset on all QUANGOs 64. Five-year sunset clause on all new regulations And there are more to come! Britainโ€™s full potential is waiting to be unleashed ๐Ÿš€
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Robert Corbishley retweeted
Also, the notion that Oxford Street was 'dominated by traffic' is just not true. Lately it's been dominated by vape shops, tatty tourist stalls, pickpockets, fraudsters, so-called American candy shops and other money-laundering outlets, and those hideous rip-off Tuk-Tuk things covered in garish lights playing loud music. If @MayorofLondon wanted to revitalise Oxford Street, he should have made it a bus and black cab-only zone and clamped down on those monstrosities.
The whole of central London is in gridlock thanks to this
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Welcome to the roads and motorways in Britain. Shameful. Itโ€™s time to clean up Britain.
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Robert Corbishley retweeted
But of courseโ€ฆ
Cyclists are continuing to ride along the newly pedestrianised section of Oxford Street, despite being asked to dismount. Around seven security staff have been stationed near Oxford Circus, calling out to cyclists to get off their bikes, with mixed success. More on this story โžก๏ธ bbc.in/3W32bbT #OxfordStreet #London #Cycling #Pedestrianisation
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