Budget 2016

Bluebirdman_of_Alcathays

Here we go!

Bluebirdman_of_Alcathays

Starts off with a reference to record employment - and apparently we're on track to deliver surplus in 2020.

michaels

Sugar tax - sweet

michaels

CGT roller coaster for the BTLrs - rate cut to 20%...except for resi property....

westv

No rabbits out of the hat so far.

michaels

Fascinating 'pension' ISA - will be interesting to do the math compared to a traditional pension.

Bluebirdman_of_Alcathays

Fuel duty parked, CGT and NI cuts - where is he getting all the money from?!

Thrugelmir

michaels wrote: »

Fascinating 'pension' ISA - will be interesting to do the math compared to a traditional pension.

Self employed and lower paid appear to benefit. £4k annual contribution limit.

Thrugelmir

Be interesting to see the detail of tackling tax avoidance by the use of personal service companies.

Also redundancy payments (above £30K) being liable to employers NIC is a significant change.

Bluebirdman_of_Alcathays

Thrugelmir wrote: »

Self employed and lower paid appear to benefit. £4k annual contribution limit.

20% top up at source - what is the difference to a normal pension?

Thrugelmir

Change in petroleum tax is a snub to the SNP.