Budget 2011: Key points..

Lokolo

£8,105 Income Tax Allowance for 12/13

HAMISH_MCTAVISH

accepts hutton report, single tier state pension of around £145 per week. will take time to implement, will not apply to current pensions.

Personal taxes and duties --

- gift aid to be simplified, benefit level increased from £500 to £2500, inheritance tax donations to charity, if you leave 10% to charity govt reduces IHT by 10%

- council tax to be frozen for a year.

- Same announcements as previously on income tax and NI changes.

- Personal tax allowance to increase by further £645 per year from next april.

Graham_Devon

chucky wrote: »

wanting people and families to be thrown out of their homes isn't a very nice thing to want to happen.

Says the person who thinks that piling people with ever more debt to get a house is the answer.

We gave the whole throwing people out of houses thing a rest in your absense by the way.

Graham_Devon

Oh YES. Go georgie.

Can claim 45p instead of 40p per mile now. About time, well done that man!!

chucky

Graham_Devon wrote: »

Says the person who thinks that piling people with ever more debt to get a house is the answer.

We gave the whole throwing people out of houses thing a rest in your absense by the way.

lol and i've said that where !!!!!!??

it's great the way you make stuff up...

i'm not the one that is desperately stuck in shared ownership with a family - i'd worry how you're going to get out of that mess...

Generali

chucky wrote: »

of course it's needed - we have over 2.5 million people unemployed and people working less hours.

wanting people and families to be thrown out of their homes isn't a very nice thing to want to happen.

Without wishing to get into the specifics of whether this benefit should be given for 2 or 3 or 4 or 25 years, at some point people either have to pay their own mortgage or accept that home ownership is no longer for them.

Propping people up in their homes can be a bad thing. I know a bloke in London who can't afford to take jobs at the lower rate his area of banking now pays because he wouldn't be able to make the mortgage payments if he did. While he stays on the dole he stays in his house. As harsh as it may sound, it would be better for him and better for the taxpayer for him to be repossessed and then be in a position to get a job.

He has good skills to offer a potential employer although between you and me he is a bit of an Ars**al.

ILW

chucky wrote: »

of course it's needed - we have over 2.5 million people unemployed and people working less hours.

wanting people and families to be thrown out of their homes isn't a very nice thing to want to happen.

If they cannot sort themselves out in a year or two, they are most likely a lost cause anyway.
Cannot got why it is such a big deal, they will not get thrown onto the streets, just have to move like all the millions of renters do all the time.

1984ReturnsForReal_2

In 40 years time the personal taxable allowance will be £9675.45


Yipeeeeeeeeeeeeeeee

Graham_Devon

Oh god damn. Hamish, keep us up to date old chap. I now got angle grinders, a "pat pat pat" noise and road sweepers going up and down, up and down.

Stupid potholes.

Graham_Devon

chucky wrote: »

i'm not the one that is desperately stuck in shared ownership with a family - i'd worry how you're going to get out of that mess...

And here come the inevitable insults as he gets more frustrated