Brexit, the economy and house prices (Part 3)

lisyloo

TrickyTree83 wrote: »

I'm 33 and a higher rate taxpayer.

What's my failure/problem in your eyes?

Why aren't you putting it into a pension and not avoiding that higher rate tax?

I earn very little but that's because I ask my employer to put it into my pension rather than pay me.
My husband earns below the personal allowance deliberatly yet we're quite well off (probably better off than many higher rate tax payers).

Can't you arrange not to pay it?

vivatifosi

gfplux wrote: »

Surely you are not jelous of an old mans time at the beach. Well, well.

I think you just want to avoid the fact that too few posters on this thread actually work in an industry that could be effected by Brexit. Perhaps the fact is too few posters work as all jobs are and will be touched by Brexit.
When someone comes on here and has actual work experience of Brexit you and others just ignore them or abuse anyone thanking them for the contribution.

Everyone in this country will be affected by Brexit in one way or another.

Some like yourself will be affected as British ex pats.
Some will work for overseas companies with locations in the UK.
Some will work for UK companies who rely on inputs from the EU.
Some will work in industries whose regulatory framework is linked to the EU.
Some like me will work in local or national government, which relies on a healthy economy to pay our wages.
Some will be on benefits, which the government has to be able to afford.
Some will be thinking about retirement and moving overseas, but can't finalise their plans.
Some will be concerned about the rights of their families currently living in Europe.
Some will be from an EU state living in the UK, wondering what their rights will be.
Some will be at school, wondering if they'll get a place on the Erasmus course they wanted.
And that's before we consume energy or food, or price up holidays in Europe and elsewhere overseas.

There are probably areas I've forgotten, but in short pretty much everyone is affected.

Anyhow, did you get to watch France v Luxembourg at the beach? I thought that the latter did rather well.

TrickyTree83

lisyloo wrote: »

Why aren't you putting it into a pension and not avoiding that higher rate tax?

I earn very little but that's because I ask my employer to put it into my pension rather than pay me.
My husband earns below the personal allowance deliberatly yet we're quite well off (probably better off than many higher rate tax payers).

Can't you arrange not to pay it?

I am paying into a pension and claiming the relief I can. I still end up paying the tax.

Personal circumstances such as moving house, starting families, buying furniture, etc... prevent me from maxing out the contributions at present. Even if I did I would still be paying 40% such is my salary.

always_sunny

Private_Church wrote: »

You seem blind to the damage that can be caused by the EU taking years to reform and thats exactly why many people voted to leave because the EU has shown its incapable of genuine reform purely down to the way its constructed.

If the Bubonic plague broke out in Romania tomorrow I would guarantee the EU would do zip all till at least Christmas by which time the plague would be in France. This is the problem with the EU and you can't deny that it takes years/decades for it to refom in any way. The CAP being a good example and even after the so called reform its still not fit for purpose.If you had a leaky roof and the builder came round every couple of weeks to "repair" it and months later its still leaking what would you do?.. Let him carry on? no don't think you would but we have no power to sack the EU elites.

At least the UK parliament tends to act quickly in times of need. The EU's response times are quite pathetic.How long has the UK,Netherlands and others tried to get the EU to reform and it failed purely down to the political dogma of middle aged men in offices who we cannot vote out.

That's what you may think and that's fine. If you want to go faster, Brexit and go. I see no need for the UK to impose on other nations if they don't want to.

The UK is not better, look at Greenfell and we're still talking about it. Look at the Home Office and the inefficiencies still sending deportations letters to EU nationals. Folks here are blinded by the idea that the UK is the best when in fact it's like any other country really, not better, no worse.

setmefree2

vivatifosi wrote: »

Everyone in this country will be affected by Brexit in one way or another.

Some like yourself will be affected as British ex pats.
Some will work for overseas companies with locations in the UK.
Some will work for UK companies who rely on inputs from the EU.
Some will work in industries whose regulatory framework is linked to the EU.
Some like me will work in local or national government, which relies on a healthy economy to pay our wages.
Some will be on benefits, which the government has to be able to afford.
Some will be thinking about retirement and moving overseas, but can't finalise their plans.
Some will be concerned about the rights of their families currently living in Europe.
Some will be from an EU state living in the UK, wondering what their rights will be.
Some will be at school, wondering if they'll get a place on the Erasmus course they wanted.
And that's before we consume energy or food, or price up holidays in Europe and elsewhere overseas.

There are probably areas I've forgotten, but in short pretty much everyone is affected.

Anyhow, did you get to watch France v Luxembourg at the beach? I thought that the latter did rather well.

Some will be working for uk exporting companies that are benefiting from a weaker sterling

Some will be working for uk companies that are benefiting from being more competitive than foreign companies because of a cheaper pound

Some will be working in the tourist industry that is benefiting from the cheaper pound

Some will be invested in US stocks and will be benefiting from the cheaper pound

Some will be invested in Uk stocks which have benefited massively from a cheaper pound

Some will be getting higher wages already because they don't have to compete with foreign labour pushing down wages

Some will be buying property cheaper than they might have done

Tromking

always_sunny wrote: »

That's what you may think and that's fine. If you want to go faster, Brexit and go. I see no need for the UK to impose on other nations if they don't want to.

The UK is not better, look at Greenfell and we're still talking about it. Look at the Home Office and the inefficiencies still sending deportations letters to EU nationals. Folks here are blinded by the idea that the UK is the best when in fact it's like any other country really, not better, no worse.

I see and hear no comments that the motivation for Brexit was a view that the UK is somehow inherently superior to every other nation and thus cannot remain in the EU. My personal motivation was an aspiration that we could be better and happier outside of an EU that is heading for an ever closer union.
That said, why does it seemingly offend you (and others on here) that the UK might be the best?

Herzlos

:rotfl:

TrickyTree83 wrote: »

Did you read the Deloitte report?

They say prices will rise, but for prices of cars manufactured in the UK or the rest of the world the price rises will be small almost unnoticeable at the higher end of the market, cars manufactured in the EU will see their prices rise much more considerably.

So what with German manufacturers having car plants in the rest of the world, the corporation will not lose out on market share or profit ultimately but EU nations that manufacture for the UK market will lose jobs.

Read it if you don't believe what I write here. They had over a year to analyse the impact of WTO Brexit on the German car industry, they were employed to do the research by the German car industry and their findings corroborate what some posters on MSE have been trying to explain for quite some time.

I read that report a while ago, and UK built cars got quite a bit more expensive too, with only the far east winning out.

Of course it only applies in the UK, which is Germany's 2nd or 3rd largest market?

So it's only good for Brexit if you want a far eastern car. But they've still got quite a stigma.
I still maintain people will still by the aspirational German cars which are already overpriced. So we'lllikely take more of a hit that they will.

A_Medium_Size_Jock

TrickyTree83 wrote: »

I'm 33 and a higher rate taxpayer.

What's my failure/problem in your eyes?

It doesn't matter what we say on here, those determined in their negativity towards Brexit will deny or simply ignore what is said as they very often do.

Changing the subject, the second reading of the repeal bill is on Thursday of this week.
Expect more carp surrounding this and read deep to find whatever there is of real substance following the reading, judging by the current crop of generally doom-mongering media coverage of anything Brexit related.

Tromking

It looks like Ford Europe have made a bit of ricket by choosing not to build cars in a country where it sells a third of its output.
A Honda, Toyota, Nissan, Mini or JLR it is then.

westernpromise

Herzlos wrote: »

So it's only good for Brexit if you want a far eastern car. But they've still got quite a stigma.

Speak for yourself. As far as I'm concerned German cars and indeed a lot of German industrial products have a much greater stigma. VW was set up to develop a car design approved by Hitler, Audi is the name "Horch" translated into Latin, Horch being a manufacturer of Nazi staff cars. Porsche made his money designing tanks for the Nazi armed forces and Zyklon B was still being unrepentantly produced as late as 2000.

BMW stands for "Bought Mainly By W*ankers" and pretty well all of these modern-day Nazi staff cars are bought to be left on the drive by people who never drive at more than 40mph and who imagine their sheeplike bad taste in cars makes them the envy of their row of semis.

They're also not especially reliable.

I'm not sure what comparable "stigma" applies to Japanese cars, unless it's that of working properly and not identifying their drivers as abject to55ers.