Autumn Statement 2015

Author
Discussion

Welshbeef

Original Poster:

49,633 posts

197 months

Wednesday 25th November 2015
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Cannot see a thread yet on this - so what are people thoughts about what will happen?

ukbabz

1,538 posts

125 months

Wednesday 25th November 2015
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The world "fair" will be bandied around social media without thought or understanding..

numtumfutunch

4,704 posts

137 months

Wednesday 25th November 2015
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Still dont see why some people buying houses should be subsidised by the tax payer

Mark Benson

7,498 posts

268 months

Wednesday 25th November 2015
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The phrase 'Savage cuts' will be used on the BBC a lot.

Dave_ST220

10,288 posts

204 months

Wednesday 25th November 2015
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numtumfutunch said:
Still dont see why some people buying houses should be subsidised by the tax payer
The same can be said for many thing, why should the tax payer subsidise people who have children? Look at the bigger picture, people who have children spend lots of money on then boosting the fragile economy. Ergo, people buying houses spend lots of money on the things that make them nice....

Welshbeef

Original Poster:

49,633 posts

197 months

Wednesday 25th November 2015
quotequote all
It would be interesting if he came out with:-

"Well in the summer I offered up the £4.4billion in Welfare cute you have rejected them as such given all departments are stretched to the limit then we are increasing income tax & VAT, sadly this isn't what you want to hear but you have closed down the alternate options. We physically cannot tax the bankers as their whole salaries do not even breach £1billion and we already take 57% away from them".

Or we are removing tax free threshold to £0 to show that we are all in it together.

voyds9

8,488 posts

282 months

Wednesday 25th November 2015
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We have the strongest economy in Europe, we are growing.

There is extra money for the NHS to help the winter crisis

Although we have extra money to splurge on vanity projects etc

said at end of speech
stamp duty banding lowered, threshold for higher rate tax lowered, increase in fuel duty, council tax increases

Rude-boy

22,227 posts

232 months

Wednesday 25th November 2015
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voyds9 said:
increase in fuel duty
I see this coming...


Welshbeef

Original Poster:

49,633 posts

197 months

Wednesday 25th November 2015
quotequote all
Rude-boy said:
I see this coming...
Economically it's not the smartest move - your instantly creating inflation in the economy and also taking spending money away from the poorest. Fuel duty hits the poorest the most the higher earners it's meh really

Strocky

2,629 posts

112 months

Wednesday 25th November 2015
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Osbourne holds hands up and admits to borrowing more money in five years than every Labour chancellor in history combined whilst a flying pig whizzes by with a red cheeked PM in tow tongue out

PorkInsider

5,877 posts

140 months

Wednesday 25th November 2015
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Whatever happens, Labour will come back with inane crap about 'hardworking families'.

Gecko1978

9,603 posts

156 months

Wednesday 25th November 2015
quotequote all
Welshbeef said:
Rude-boy said:
I see this coming...
Economically it's not the smartest move - your instantly creating inflation in the economy and also taking spending money away from the poorest. Fuel duty hits the poorest the most the higher earners it's meh really
fule prices are low but its market forces, votes would see it as a cash grab from the goverment. We are all hoping to see £1 liter etc as its duty on fule so fixed pence per liter the goverments revenue only falls as VAT is % added on at the end but I suspect its marginal to the duty part

BoRED S2upid

19,641 posts

239 months

Wednesday 25th November 2015
quotequote all
Welshbeef said:
Economically it's not the smartest move - your instantly creating inflation in the economy and also taking spending money away from the poorest. Fuel duty hits the poorest the most the higher earners it's meh really
That all depends if increased fuel duty adds much to bus fares. I doubt the poor will be hit that hard because of it.

Welshbeef

Original Poster:

49,633 posts

197 months

Wednesday 25th November 2015
quotequote all
BoRED S2upid said:
Welshbeef said:
Economically it's not the smartest move - your instantly creating inflation in the economy and also taking spending money away from the poorest. Fuel duty hits the poorest the most the higher earners it's meh really
That all depends if increased fuel duty adds much to bus fares. I doubt the poor will be hit that hard because of it.
Um im assuming the poor buy food drink clothes etc? If so distribution costs increase and retail price goes up too. So yep they do take the biggest hit.

Digga

40,206 posts

282 months

Wednesday 25th November 2015
quotequote all
Welshbeef said:
Economically it's not the smartest move - your instantly creating inflation in the economy and also taking spending money away from the poorest. Fuel duty hits the poorest the most the higher earners it's meh really
Given that Carney has egg on his face because his oft warned of rate-hikes cannot be implemented because of effective deflation, and also in part due to EU issues too, that might be less of a concern.

Welshbeef

Original Poster:

49,633 posts

197 months

Wednesday 25th November 2015
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And we're off.

Eric Mc

121,776 posts

264 months

Wednesday 25th November 2015
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Attack on "Disguised Income" - brace yourselves lads smile

Paying Capital Gains Tax within 30 days of the disposal.

We are seeing the beginning of the end of the Self Assessment tax return.

Dave_ST220

10,288 posts

204 months

Wednesday 25th November 2015
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Eric Mc said:
We are seeing the beginning of the end of the Self Assessment tax return.
confused What would take its place?

dandarez

13,245 posts

282 months

Wednesday 25th November 2015
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U-TURN on tax credits!

Welshbeef

Original Poster:

49,633 posts

197 months

Wednesday 25th November 2015
quotequote all
Working tax credits reform scrapped!