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Budget live
Comments
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Fare fuel stabiliser confirmed.
Above inflation fuel duty rises will only return if oil below 75$
Increase in VED by inflation“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
37p on a packet of cigs! I'm so glad I quit..GC2012: Nov £130.52/£125
GC2011:Sept:£215Oct:£123.98Nov:£120Dec:£138Feb:£94.72
Quit smoking 10am 17/02/11 - £4315 saved as of Nov'12
Engaged to my best friend 08/2012:heart2:
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Here comes the exciting bit...Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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Personal and property taxation
Closing loopholes -
New general anti-avoidance rule to be introduced“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Stamp duty
Companies
Increasing charge for 2m+ houses bought into company to 15%“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
I'm missing the crux of that due to the heckling.0
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For those already contained in corporate envelopes, cap gains tax for £2m+ properties already in a company.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Graham_Devon wrote: »Surely Alcohol duty is one of the easiest ways to increase income to the treasury, based on a consumption of pure choice!?
Bit bizzare to do nothing.
Sorry that's my fault, I've just cut down recentlyChuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Stamp duty for 7% for 2m+ properties for everyone else.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
lostinrates wrote: »Can you explain, in brief, how it is meant to work?:o
Suggestions that it is based on actual bank/cash receipts i.e turnover of a business not adjusted for debtors as is currently. Possibly a flat rate based on that so no expenses deducted
However a "simplified" balance sheet of sorts is also suggested which will show debtors and creditors, cash at bank etc and owners interest in business. All of those figures really come from working a complete set of accounts, so where will be the saving?
Its a pointless headline grabbing exercise and i hope it gets shelved!
Corp tax down to 24% is a good move for big business though, depending on other allowances etc that may get removed I guess0
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