Debate House Prices


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Autumn statement - November the 23rd

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padington
padington Posts: 3,121 Forumite
in Debate House Prices & the Economy
Any bets on what Hammond might do?

Rent to buy ? Increase tax brackets ? Change buy to let tax rules ? Do nothing and declare all is well ? Minor tinkering ? Revolutionary changes ? Bore us all to death ? Cold pint of Guinness ? Finally Announce end to useless Sunday trading laws ? Tax breaks for Santa? Reduce price of Amercian Visa's ?
Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
«1345

Comments

  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Personally I'm interested in plans to extend IR35.
  • Dandytf
    Dandytf Posts: 5,073 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Not a lot of change expected pre Brexit,

    Unless there's some serious tax increases required ahead of Article 50 trigger 2017.

    Not that I know what's going to happen just my late night opinion.
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Black hole in the budget is expected to be forecast as bigger than expected. Limited scope for fiscal loosening. Austerity remains.

    Expect a move to once a year budgets in March.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 16 November 2016 at 8:21PM
    I think that there is a reasonable chance that stamp duty costs will be reconsidered.
    Chuck 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 stop
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    How about stamp duty remains but paid over 25 years

    Cash when people need it
    Left is never right but I always am.
  • padington
    padington Posts: 3,121 Forumite
    edited 16 November 2016 at 11:02PM
    Halfing stamp duty for a limited time period ( which then always got renewed) would be quite a wise move.

    Decreasing capital gains on properties sold to first time buyers could also be a clever move.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • padington
    padington Posts: 3,121 Forumite
    Looks like it's an increase to 50k tax band and affordability tests for new BTL mortgages.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • chiefie
    chiefie Posts: 406 Forumite
    Eighth Anniversary 100 Posts
    Triple lock will go

    Corporation tax reduced
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    padington wrote: »
    affordability tests for new BTL mortgages.

    That's already in the pipeline. Not a budget matter.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chiefie wrote: »
    Triple lock will go

    Not until the next General Election .
This discussion has been closed.
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