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MSE News: Budget 2017: Chancellor to unveil Government spending plans

edited 22 November 2017 at 2:49PM in Budgeting & Bank Accounts
21 replies 12.8K views
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  • Kim_13Kim_13 Forumite
    1.9K posts
    Intrepid Forum Explorer Newshound!
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    How are they defining most polluting diesel cars I wonder? Found that those impacted will be moved up one tax band, but nothing about what's getting moved.
    Sealed Pot 11 #520 ~ /£100
    VSP 2018 #9 ~ £19.55/£180.00
    CCCC 2018 #1 ~ £20.75/£180.00
  • :( - Could you keep me updated on your situation i can then advise the same to my solicitors.

    Technically this is my first time buy but only first time for a house i intend to live in!
  • Mersey_2Mersey_2 Forumite
    1.7K posts
    Hardly. An income tax cut for 70% and a stamp duty abolition for 95%.


    The only place that doesn't affect "the vast majority" must be where George Osborne lives!
    Please be polite to OPs and remember this is a site for Claimants and Appellants to seek redress against their bank, ex-boss or retailer. If they wanted morality or the view of the IoD or Bank they'd ask them.
  • AirlieBirdAirlieBird Forumite
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    mersey wrote: »
    Hardly. An income tax cut for 70%
    No income tax cut for anybody. It's an increase in line with inflation so in real terms, no change
    mersey wrote: »
    and a stamp duty abolition for 95%.
    !
    Which will be entirely replaced by the higher house prices it creates.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
  • stevec59stevec59 Forumite
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    Part of the Furniture 100 Posts Name Dropper Combo Breaker
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    I've always paid stamp duty including my first house over 30 years ago, why shouldn't everyone else, unless I can get a refund 🤑
  • TT2018 wrote: »
    :( - Could you keep me updated on your situation i can then advise the same to my solicitors.

    Technically this is my first time buy but only first time for a house i intend to live in!

    Technically it is your second house purchase, your first house purchase was the one you made with your parents.

    I am afraid this will not apply to you.
  • mersey wrote: »
    Hardly. An income tax cut for 70% and a stamp duty abolition for 95%.


    The only place that doesn't affect "the vast majority" must be where George Osborne lives!

    95% of people in the country are FTBs?
  • Shakin_SteveShakin_Steve Forumite
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    I was just so relieved that the threat of cutting income tax relief on pension contributions for 40%ers didn’t come to fruition. That could have been very costly. Phew.........
    I came into this world with nothing and I've got most of it left.
  • northwalesdnorthwalesd Forumite
    505 posts
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    ViolaLass wrote: »
    95% of people in the country are FTBs?

    No, the 95% figure means that 95% of first time buyers will be 'helped' by the changes to stamp duty.
  • No, the 95% figure means that 95% of first time buyers will be 'helped' by the changes to stamp duty.

    Which undermines Mersey's claim that 'the majority of people' will be helped by this.
This discussion has been closed.

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