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Budget 2009

13567…10

Comments

  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Jonbvn wrote: »
    Any rise in ISA allowances will be small and likely divisible by 12, similar to the previous rise. Maybe £7,800 or max of £8,400 limit.

    £10,200. IMO thats a decent allowance raise.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    lostinrates wrote: »
    £10,200. IMO thats a decent allowance raise.

    Never going to happen in this budget though.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Jonbvn wrote: »
    Never going to happen in this budget though.

    I think it just did, didn't it?
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    lostinrates wrote: »
    I think it just did, didn't it?

    Sorry I am in work, so no access to TV.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    lostinrates wrote: »
    I think it just did, didn't it?

    Yep.

    I only recently took all mine out. Was paying just 0.75%!

    I'd rather have seen savings tax looked at, instead of making people jump through hoops at a time when most ISA's pay less than a standard account.

    But, every little helps I guess :)
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    lostinrates wrote: »
    I think it just did, didn't it?

    I stand corrected (and surprised)

    http://www.telegraph.co.uk/finance/financetopics/budget/5199907/Budget-2009-the-key-points-at-a-glance.html


    Annual limit for tax-free ISAs increased to £10,200, of which £5,100 can be saved in cash. New limit introduced this year for over-50s, next year for others.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    According to BBC "at a glance";

    "Annual limit for tax-free ISAs to rise to more than £10,000 for over-50s this year and for everyone else next year"
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    May I also add, as this is a budget thread, how much it annoys me that Brown now claims the credit for low interest rates by saying "we have lowered".

    No doubt when they go up the BOE will be independant again.

    Dunno why the BOE allow it to be honest.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Graham_Devon wrote: »
    Yep.

    I only recently took all mine out. Was paying just 0.75%!

    I'd rather have seen savings tax looked at, instead of making people jump through hoops at a time when most ISA's pay less than a standard account.

    But, every little helps I guess :)

    I'm getting an excellent rate on a monthly saving ISA. But its such a small amount paid in monthly.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Jonbvn wrote: »
    I stand corrected (and surprised)
    .
    Its ok, I'm one of the few here who won't make a jibe or say I told you so. FWIW I wouldn't have guessed at that either. :)
This discussion has been closed.
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