Sunak Spends 15 Billion On Helping Cost Of Living Crisis

[Bobbisox1]

https://news.sky.com/story/cost-of-living-grant-for-eight-million-households-and-windfall-tax-on-oil-and-gas-companies-announced-by-chancellor-12621672

Whilst it’s a huge help , how will ‘they establish ’ who’s poor and who’s not for the extra £650 as well as the £400 per household?
Would that be for those on benefits?

[Redhelen72]

Its not clear from the link who is this targeting?
England
England and Wales
Britain
Or
Uk

[naomi24]

The headline says 'Britons'.

[Ken4155]

From the link, "We will provide significant support to the British people." Guess that means Britain, Redhelen.

[Redhelen72]

Hmm so not Northern Ireland Ken?
Maybe I am picking this up wrong.

[Ken4155]

Ah, i see why you're confused. Me too, now:-/

[youngmafbog]

Well I can guarantee I will only be paying for this.

[youngmafbog]

according to this it is every UK household.

https://www.dailymail.co.uk/news/article-10857025/Rishi-Sunak-FINALLY-announces-cost-living-package.html

[Ken4155]

^
Then may i thank you in advance:-)

[youngmafbog]

You may.

[Ken4155]

^
I may be wrong, but i think the OP was asking about the extra £650.

[Bobbisox1]

Yes Ken, I was

[youngmafbog]

My mistake. Well as usual we'll have to wait on the small print I guess.

[mushroom25]

does anyone know if any of the amounts announced today will be taxable?

[Bobbisox1]

Good question mushroom

[ichkeria]

We should probably thank Sue Gray for this :-)

[davebro]

Seems daft if it's going to a lot of folks who don't need it. If the fuel companies had guessed that windfall taxes would be in the pipeline (!) they could have just kept their prices lower in the first place.

[ToraToraTora]

the 5C will probably find something to moan about.

[youngmafbog]

//Seems daft if it's going to a lot of folks who don't need it.//

Not necessarily, its such a piffling amount it would cost more to sort out who has and who hasnt.

Most seems to be going to those on benefits anyway.

[Bobbisox1]

It beggars belief how much profit companies like BP make and the lame excuse from them is they need it to invest

[ToraToraTora]

any idea how they are going to dish out the dosh?