Discussion
Rumours so far of small hike in tax allowances, and help for first time buyers to get into a lifetime of debt
http://www.cityam.com/news-and-analysis/osborne-hi...
Starts at 12:30
Coverage should be here
http://news.bbc.co.uk/1/hi/programmes/8994773.stm
http://www.cityam.com/news-and-analysis/osborne-hi...
Starts at 12:30
Coverage should be here
http://news.bbc.co.uk/1/hi/programmes/8994773.stm
jmorgan said:
Bend over, assume the position.
I don't think that it will be that bad.Today is a good opportunity for the coaltion gov to actually give a balanced good vibe from the budget.
They have reaped a few quid in tax from the recent fuel rises and i think they will spread this out rather even.
Things will rise as exspected but i don't think it will be a wallet bashing budget.
cal72 said:
jmorgan said:
Bend over, assume the position.
I don't think that it will be that bad.Today is a good opportunity for the coaltion gov to actually give a balanced good vibe from the budget.
They have reaped a few quid in tax from the recent fuel rises and i think they will spread this out rather even.
Things will rise as exspected but i don't think it will be a wallet bashing budget.
Devilstreak said:
petemurphy said:
wow £45 better off in tax how is that supposed to offset my private jet hike?!
I thought exactly the same this morning.Apologies, one realises that one is letting PH down by publicly admitting that the private jet is so small that one boards by climbing a set of steps. Oh the shame.
Back On Topic. Personally I'm expecting:-
- some allowances being eased,
- an awful lot of mileage about the terrible state the last lot left the finances in as this is probably the last Budget that this can sensibly be claimed even though Labour never stopped blaming Thatcher,
- a notification that NI and Income tax will somehow be merged and the knock on effect onto a different way of qualifying for pension. Of course at a stroke this means that a lot of people who only sign on to get the NI credits as they get no JSA will now no longer need to sign on, thus knock on effect on declared unemployment figures as opposed to real life figures.
- and a further bend over and assume the position on green tax theft. Incentives for companies on eg hybrids, car parking spaces, providing charging points, bla bla bla bullsh*t, bla bla bla.
NoelWatson said:
Shaw Tarse said:
Any predictions
I want to see NI and income tax merged - a good start on the road to simplification.So let me get this right...
If you have a joint income of less than £60k
The Government will give you a loan of 20% of the value of the property at 0% interest for 5 years as long as you find 5% of the value of the property in savings.
This has to be spent on a new build.
Then you need to get a bank involved, so now there is 2 lenders on 1 property... never a good idea!!
Then when they "forget" to pay and default the banks get blamed again and not only that but now there are thousands of new homes around unoccupied and millions of £ of taxpayers money that has been lost.
It also hit the sellers of old first time buyer flats that want to move on as the buyers are not allowed to buy these.
fk me... was this implemented by the last government before the Irish ststorm?
Can they not see just how bad this could end up?
If you have a joint income of less than £60k
The Government will give you a loan of 20% of the value of the property at 0% interest for 5 years as long as you find 5% of the value of the property in savings.
This has to be spent on a new build.
Then you need to get a bank involved, so now there is 2 lenders on 1 property... never a good idea!!
Then when they "forget" to pay and default the banks get blamed again and not only that but now there are thousands of new homes around unoccupied and millions of £ of taxpayers money that has been lost.
It also hit the sellers of old first time buyer flats that want to move on as the buyers are not allowed to buy these.
fk me... was this implemented by the last government before the Irish ststorm?
Can they not see just how bad this could end up?
markh1973 said:
NoelWatson said:
Shaw Tarse said:
Any predictions
I want to see NI and income tax merged - a good start on the road to simplification.NoelWatson said:
markh1973 said:
NoelWatson said:
Shaw Tarse said:
Any predictions
I want to see NI and income tax merged - a good start on the road to simplification.I suspect to help motorists there will be fk all except a freeze on duty - Whoopy st.
Amazing how in opposition 'they' can always rant and rave, jump up and down and yet, as soon as power is given...
fk all.
And I dont buy 'we dont know how bad it was'. Yes you do. Public information MUST be out there to show how bad things are.
Amazing how in opposition 'they' can always rant and rave, jump up and down and yet, as soon as power is given...
fk all.
And I dont buy 'we dont know how bad it was'. Yes you do. Public information MUST be out there to show how bad things are.
Du1point8 said:
So let me get this right...
If you have a joint income of less than £60k
The Government will give you a loan of 20% of the value of the property at 0% interest for 5 years as long as you find 5% of the value of the property in savings.
This has to be spent on a new build.
Then you need to get a bank involved, so now there is 2 lenders on 1 property... never a good idea!!
Then when they "forget" to pay and default the banks get blamed again and not only that but now there are thousands of new homes around unoccupied and millions of £ of taxpayers money that has been lost.
It also hit the sellers of old first time buyer flats that want to move on as the buyers are not allowed to buy these.
fk me... was this implemented by the last government before the Irish ststorm?
Can they not see just how bad this could end up?
Indeed, but - they have to do something. It's stupid difficult for first time buyers out there at the moment, which isn't helped by well endowed middle-classers wanting to buy a bit of property on the side with the silly amount of money left in their houses. However, I'm not sure £20,000 over five years (£330/month) on top of a mortage is a good idea.If you have a joint income of less than £60k
The Government will give you a loan of 20% of the value of the property at 0% interest for 5 years as long as you find 5% of the value of the property in savings.
This has to be spent on a new build.
Then you need to get a bank involved, so now there is 2 lenders on 1 property... never a good idea!!
Then when they "forget" to pay and default the banks get blamed again and not only that but now there are thousands of new homes around unoccupied and millions of £ of taxpayers money that has been lost.
It also hit the sellers of old first time buyer flats that want to move on as the buyers are not allowed to buy these.
fk me... was this implemented by the last government before the Irish ststorm?
Can they not see just how bad this could end up?
But hey, they're going to freeze the hike on petrol. that's ok, £1.35 is more than acceptable. fkers.
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