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Budget live
Comments
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He was talking about bond rates.0
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Thanks Hamish, sterling work.
Can't the stamp duty be avoided by getting the lawyers to split the property up prior to sale?
Age-related allowances being phased out and the nice increase in personal allowance is welcome. However, everything else about this budget is pretty horrible - very political with no real change in Britain's awful fiscal outlook."The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0 -
ruggedtoast wrote: »I predict this budget will have no effect on house prices.
I predict its going to have an effect on the top end of the London Market. Pretty much removed residential property as an investment class for everyone including johnny foreigner.
Anyone p*ss themselves at the wallace dig at Ed "nasal" miliband?
http://www.lbc.co.uk/why-is-ed-miliband-known-as-wallace-305460 -
Thanks Hamish, sterling work.
Can't the stamp duty be avoided by getting the lawyers to split the property up prior to sale?
Age-related allowances being phased out and the nice increase in personal allowance is welcome. However, everything else about this budget is pretty horrible - very political with no real change in Britain's awful fiscal outlook.
If you split the property up, you might avoid the stamp duty, but would not the seller incurr capital gains tax?0 -
Thanks Hamish, sterling work.
Can't the stamp duty be avoided by getting the lawyers to split the property up prior to sale?
Age-related allowances being phased out and the nice increase in personal allowance is welcome. However, everything else about this budget is pretty horrible - very political with no real change in Britain's awful fiscal outlook.
Pretty good for small and medium enterprise, not to mention industry research (aerospace industry in particular).
Ed miliband has very little to counter. Pretty pathetic actually. Anyone else think similarly?0 -
lostinrates wrote: »If you split the property up, you might avoid the stamp duty, but would not the seller incur capital gains tax?
He gypsied warningsed those trying to avoid. talked about bringing in retrospective changes for those trying to avoid stamp duty on resi property. Even used the phrase "You have been warned!"0 -
Anyone else think that the Deputy Speaker has done a really good job? I prefer him to Bercow.
Incidentally, I see that Milliband just got back at the Wallace and Grommet dig with one about Downton Abbey.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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If I understand it correct, higher rate tax payers pay less tax and some of them receive more benefits, is that right?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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sunshinetours wrote: »Depends on how 40% level gets realigned I guess. It got reduced this year by £2400 when pa went up £1k.
Would you start 40% tax even lower then?
Of course but it doesn't appear to be happening.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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