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Autumn Statement predictions

bigfreddiel
bigfreddiel Posts: 4,263 Forumite
edited 21 November 2016 at 4:42PM in Savings & investments
I'll kick this off with three predictions

1 State pension: Anyone who is over 60, the old female state pension age, will be able to claim their state pension if they have 35 or more years of NICs

2 Stamp Duty: The second home 3% extra will be abolished

3 VAT: Will be reduced by 2.5% to 17.5%

And that's my three

fj
«1

Comments


  • Your thread ended up in an anti/pro Carney rant, good while it lasted tho', now back to autumn statement predictions, I'm sure mine are right. Cheers fj
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 21 November 2016 at 2:42PM

    1 State pension: Anyone who is over 60, the old female state pension age, will be able to claim their state pension if they have 35 or more years of NICs
    Why would anyone wind back the clock to 2010, which is when female SPA last was 60?

    Who would be funding the tens of billions this would cost? Costs would be both, the pension payments and also the loss of tax and NI income? How would you plug the new hole this would create in the NHS budget?

    Why would anyone announce a change to SPA when the Cridland review, which looks at changes to the SPA, is not due until next spring?

    Why do you think the Government has said a dozen times or more that they will not change anything in existing pensions legislation (as recently as last week), just to then make themselves look ridiculous and announce tens of billions to be spent when the country already looks at eye-watering levels of debt?
  • eskbanker
    eskbanker Posts: 38,037 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    3 VAT: Will be rude Ed Byrne 2.5% to 17.5%
    I don't think many are predicting a new correlation between VAT and an Irish comedian, rude or otherwise. Now Jimmy Carr on the other hand....


    ed-byrne-2010-october.jpg
  • 'Ed Byrne' and 'comedian' aren't phrases you see coupled together often!
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    I'll kick this off with three predictions

    1 State pension: Anyone who is over 60, the old female state pension age, will be able to claim their state pension if they have 35 or more years of NICs

    2 Stamp Duty: The second home 3% extra will be abolished

    3 VAT: Will be rude Ed Byrne 2.5% to 17.5%

    And that's my three

    fj
    I guess you have too much time on your hands Freddie so are back to posting trolling nonsense on the board again.

    Those three are so unrealistic that if any of them are promised in this year's Autumn Statesmen and delivered in the next couple of years, I'll happily donate £500 to a charity of your choice.
  • ColdIron
    ColdIron Posts: 10,030 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    bowlhead99 wrote: »
    I guess you have too much time on your hands Freddie so are back to posting trolling nonsense on the board again.
    The daylight posts are better than the late night ones :)
  • talexuser
    talexuser Posts: 3,543 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    2 Stamp Duty: The second home 3% extra will be abolished fj

    Coastal Parish councils are already voting to prevent new developments being sold to outsiders because so many houses are snapped up by affluent townies as holiday homes or lets their towns are becoming ghost towns for locals who can no longer afford the houses. I don't think the government is likely to make the situation worse with price cuts as a spending priority.
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    Don't you just love predictive text ed Byrne indeed - well you all got a laugh out of it, in fact so did I. Cheers fj
  • eskbanker
    eskbanker Posts: 38,037 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    bowlhead99 wrote: »
    Those three are so unrealistic that if any of them are promised in this year's Autumn Statesmen and delivered in the next couple of years, I'll happily donate £500 to a charity of your choice.
    Unsurprisingly 0 out of 3, so looks like your £500 stays in your pocket/account then, while Freddie can console himself that all the professional opinion pollsters haven't exactly sparkled this year either....
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