16-03-2005, 13:26
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#16
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Re: The Budget
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Originally Posted by Scarlett
Oh and if Im really going to be cynical...
Whatever the budget, I'll be in the single demographic group that worse off rather than better off after he changes.
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Changes into what? A werewolf  
The worst-off demographic? Are you a drinking, smoking, car-driving home-owner with no kids, who may want to move house at some point?
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16-03-2005, 13:29
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#17
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Join Date: Jun 2003
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Re: The Budget
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Originally Posted by Mr_love_monkey
They're never going to change stamp duty, nor inheritence tax, both of which now must be great little earners - considering in a lot of areas you'll be lucky to get a 3 bed house for less than 250,000 - that's a lot of money going to the government
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In South Wales you'd get a HUGE house for that....
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From Jim Cornette:
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16-03-2005, 13:30
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#18
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Inactive
Join Date: Jun 2003
Location: London way
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Re: The Budget
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Originally Posted by Russ D
In South Wales you'd get a HUGE house for that....
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Yeah, but who'd want to live in Wales??  (joke!).
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16-03-2005, 13:32
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#19
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Re: The Budget
My point is the £60,000 starting point for stamp duty doesn't bother most first-time buyers down here. My first house was a brand new comfortable 2 bedroom place and it was £54,000 .
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From Jim Cornette:
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16-03-2005, 13:32
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#20
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Re: The Budget
Thing is, more and more houses all over the place are creeping up to that level, certainly in London and the surrounding areas - and it's just daft that people are being hit with inheritance tax, for nothing more than being left the family 3 bed semi
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16-03-2005, 13:33
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#21
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cf.mega poster
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Re: The Budget
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Originally Posted by Mr_love_monkey
Thing is, more and more houses all over the place are creeping up to that level, certainly in London and the surrounding areas - and it's just daft that people are being hit with inheritance tax, for nothing more than being left the family 3 bed semi
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My further point is people do actually live further afield than London....!
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16-03-2005, 13:35
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#22
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Re: The Budget
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Originally Posted by Russ D
My further point is people do actually live further afield than London....!
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Nah, that's just some rumour.... 
I do appreciate what you are saying, but you are finding that these price increases are spreading out from london, and over time, they will reach other parts of the country as well
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16-03-2005, 13:42
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#23
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Inactive
Join Date: Nov 2004
Posts: 7,737
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Re: The Budget
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Originally Posted by Xaccers
Sorry, I've already been promised that one, along with Kate Moss
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Okay I shall take her during the week then including nights.. Jessica Alba in mine
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16-03-2005, 13:44
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#24
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Inactive
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Location: England
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Re: The Budget
I just hope that if he changes the stamp duty tax level he backdates it to before last December
I just paid £700 tax, for an ex council house. what's that all about!
Whatever he says, take it all with a pinch of salt.
Even if Pensioners get more, they will have to pay more somewhere else
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16-03-2005, 13:46
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#25
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Inactive
Join Date: Nov 2004
Posts: 7,737
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Re: The Budget
Yip but all goverments are same promise you the world then take it back elsewhere, so I say keep Labour in because we are getting used to his lies.
As for tories being in power I would rather rub my balls with glass sandpaper pour petrol all overmyself and ignite it before voting them in.
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16-03-2005, 13:56
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#26
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Inactive
Join Date: Jun 2003
Location: St Neots
Posts: 872
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Re: The Budget
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Originally Posted by Nugget
Changes into what? A werewolf
The worst-off demographic? Are you a drinking, smoking, car-driving home-owner with no kids, who may want to move house at some point? |
Actually anything he changes into is bound to be an improvement (unless he changes into Tony Blair )
Actually if you drop the smoking and add drug crazed transvestite then yep
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Originally Posted by Russ D
My point is the £60,000 starting point for stamp duty doesn't bother most first-time buyers down here. My first house was a brand new comfortable 2 bedroom place and it was £54,000 .
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But did you see the thing on the BBC site about what 60K would get you around the country...
Edit: found it !
houses for 60k around the uk
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16-03-2005, 13:57
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#27
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Inactive
Join Date: Jun 2003
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Re: The Budget
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16-03-2005, 14:10
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#28
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Inactive
Join Date: Sep 2003
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Re: The Budget
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Originally Posted by Scarlett
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Drug crazed transvestite eh? Well, as long as they don't de-criminalise the drugs, you should be alright  . Not too sure about the dressing up in womens clothes, but I'd guess that's covered by VAT
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16-03-2005, 14:17
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#29
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Inactive
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Re: The Budget
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Economic forecasts
* The chancellor stood up to begin his speech at 1230 GMT
* Mr Brown hailed the "longest period of economic growth since records began in 1701" in Britain.
* He promised to strike the right balance between affordable tax cuts, essential investment and stability, which was paramount
* Inflation was now 1.6% and was expected to be 1.75% this year and 2% in 2006 and beyond
* Growth for 2004 was 3.1%, as forecast, and he predicted the economy would grow by 3% to 3.5% this year and 2.5% to 3% next year.
* Inflation was the lowest for 30 years, interest rates the lowest for 35 years and employment the highest ever, said Mr Brown
* Borrowing is forecast at £34bn for 2004/5, £32bn for 2005/6 and £29bn for 2006/7.
Employment
* There will be new rules to encourage incapacity benefit claimants into work and changes to housing benefit to help create jobs.
* From next month, there will be £2,000 return to work bonuses available to single parents
* Mr Brown pledged new centres for people to get vocational training
* He announced £65m to be spent in the coming year on employer training pilots
* Mr Brown said new plans to target young people at risk of causing crime would be unveiled.
Efficiency programmes
* The first 7,800 civil servants to be moved out of London had now moved to other parts of the UK
* Mr Brown said the first £2bn of savings from the Gershon review of government departments had been made.
Euro
* The chancellor said there would be no further assessment of whether the UK should adopt the euro in this Budget.
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Well that's the usual BS out of the way, just got to wait to see how much more badly off we're going to be (apart from those people who don't bother working as churning out kids pays well these days Another thread all together lol0
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Taxation
* Stamp duty thresholds doubled to £120,00 0
* Inheritance tax currently starts being paid on estates worth £260,00 0 - that will rise to £275,00 0 this year, £285,00 0 next year and then to £300,00 0.
* Petrol duty inflation rise postponed until 1 September due to high oil prices
* Mr Brown said he would freeze: corporation tax, capital gains tax, air passenger tax, insurance premium tax, climate change levy, aggregates levy and company car levy
* Duty up 1p on a pint of beer and 4p on a bottle of wine, but frozen on cider, sparkling wine and spirits.
* Tax breaks on ISAs extended until 2010
* Personal income tax allowance to be raised in line with inflation.
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Well that's stamp duty raised then
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Mind you I hope the Beeb is wrong about this
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* Extra £400 promised for defence
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16-03-2005, 14:22
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#30
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Inactive
Join Date: Jun 2003
Location: St Neots
Posts: 872
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Re: The Budget
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Originally Posted by Paul
Well that's stamp duty raised then |
Unfourtunatly, a 3 bed a round here starts around 135,000 and thats for ex-council hosue in serious need of work...
Would have helped me 18 months ago when I bought my current place though...
Whats the betting the in the next year the put it up above 150,000 just after I move? 
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