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Old 08-07-2015, 12:38   #9
Damien
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Re: (Emergency) Budget 2015

Quote:
Originally Posted by Ignitionnet View Post
Removal of higher rate relief on buy-to-let interest payments. That's a bit of a surprise.
It doesn't apply to over 65s (maybe).

They're getting rid of the pension relief on contribution and moving it to receipt? Aghhhh. Depending how they do this would that mean the current generation of pensioners got the relief when they put it in and when they take it out? They'll have to parse this in surely.

---------- Post added at 13:22 ---------- Previous post was at 13:15 ----------

As expected more benefits being cut for under 21s.

---------- Post added at 13:31 ---------- Previous post was at 13:22 ----------

Not bad so far but is there no moving of the 40p rate?

---------- Post added at 13:38 ---------- Previous post was at 13:31 ----------

Holy crap. National Living Wage will be made compulsory.
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