Budget date set for 24th March - Page 3

**Russ** · 24-03-2010, 15:18

Apparently they're going after tax avoiders too - now unless I've got my terminology mixed up I thought tax avoidance was legal, whereas tax evasion is the crime?

Osem · 24-03-2010, 15:27

Quote:

Originally Posted by LondonRoad

Unless he's found some old Embassy coupons in the back of a drawer I don't think he's got anything to bribe us with.

Correction - "I don't think we've got anything left to bribe us with"

---------- Post added at 14:27 ---------- Previous post was at 14:24 ----------

Quote:

Originally Posted by Russ

Apparently they're going after tax avoiders too - now unless I've got my terminology mixed up I thought tax avoidance was legal, whereas tax evasion is the crime?

Times are tough and it doesn't need to be a crime for them to want to get hold of the money. I doubt they'll be any more effective than they've been in the last 13 years, however.

**Damien** · 24-03-2010, 15:28

How much would It really cost to buy as all Amazon vouchers, a pint, and some ice cream?

LondonRoad · 24-03-2010, 15:34

Quote:

Originally Posted by Osem

Correction - "I don't think we've got anything left to bribe us with"

You mean they've been our embassy coupons all along

That no good *(&^(&**. I could have had that teasmade after all.

Osem · 24-03-2010, 16:52

Quote:

Originally Posted by LondonRoad

You mean they've been our embassy coupons all along

That no good *(&^(&**. I could have had that teasmade after all.

I wouldn't be surprised if Darling and Brown routinely searched down the back of sofa cushions for loose change...

**Hugh** · 24-03-2010, 18:35

Quote:

Originally Posted by Russ

Apparently they're going after tax avoiders too - now unless I've got my terminology mixed up I thought tax avoidance was legal, whereas tax evasion is the crime?

I wonder if they will chase up those who avoided Capital Gains by changing the designation of their homes from second to main when they sold them?

papa smurf · 24-03-2010, 18:47

Quote:

Originally Posted by Chris

What a total and utter pantomime this is. Why are they wasting millions on drawing this up, printing it, even switching the lights on in the commons debating chamber, when it's all going to be torn up in a matter of weeks anyway?

The only useful thing that could possibly have been announced today is the date of the general election.

couldn't agree more

broadbandking · 24-03-2010, 19:00

Well one thing I am happy with is the stamp duty as I am buying a house this year for 175,000, so thats good, just did a calculation on the budget and I am goingg to £77 worse off a month

pop80_uk · 24-03-2010, 19:37

Quote:

Originally Posted by broadbandking

Well one thing I am happy with is the stamp duty as I am buying a house this year for 175,000, so thats good, just did a calculation on the budget and I am goingg to £77 worse off a month

Thats the thing though, whilst im really pleased for the first time buyers (I was there myself only a couple of years ago), two things annoy me....

1) Where is the first time buyer who can afford £250K ? or get a mortgage for that amount!
2) Why just first time buyers? We are stepping up from a sub 100K house to around £135K, that extra £1300 would have been really handy in our pockets
Why could it be no stamp duty for everyone

Oh well

joglynne · 24-03-2010, 19:48

Quote:

Originally Posted by pop80_uk

Thats the thing though, whilst im really pleased for the first time buyers (I was there myself only a couple of years ago), two things annoy me....

1) Where is the first time buyer who can afford £250K ? or get a mortgage for that amount!
2) Why just first time buyers? We are stepping up from a sub 100K house to around £135K, that extra £1300 would have been really handy in our pockets
Why could it be no stamp duty for everyone

Oh well

My son is buying his first house at the moment and will be £1500 better off as a result of this budget which is great but the stamp duty isn't really the stumbling block for most people in his position.

He is one of the lucky ones who has had a Bank of Mum and Dad to help him with the deposit which is, I am sure, what stops most first time buyers getting their first home rather than the stamp duty. I would have liked to see something done in this area as well.

superbiatch · 24-03-2010, 20:40

Quote:

Originally Posted by joglynne

My son is buying his first house at the moment and will be £1500 better off as a result of this budget which is great but the stamp duty isn't really the stumbling block for most people in his position.

He is one of the lucky ones who has had a Bank of Mum and Dad to help him with the deposit which is, I am sure, what stops most first time buyers getting their first home rather than the stamp duty. I would have liked to see something done in this area as well.

Couldn't agree more Jo, not everyone is quite so lucky to have parents who are in a position to help them out with a deposit. My 10% was saved up with bloody hard word and scraping by on a pittance. I'm not saying make it easy, but finding 5-10% is ALOT easier than having to find 20% and would get the market moving again.

iFrankie · 24-03-2010, 22:53

i don't know if this is the right thread but 10% ON CIDER! thats barbaric..

papa smurf · 24-03-2010, 22:58

Quote:

Originally Posted by Frankie07

i don't know if this is the right thread but 10% ON CIDER! thats barbaric..

i thought that meant they where putting 10% more in the bottle

iFrankie · 24-03-2010, 23:07

Quote:

Originally Posted by papa smurf

i thought that meant they where putting 10% more in the bottle

i wouldn't mind paying 10% more if they did that

, in about 15 years its gonna be £10 for a 2ltr bottle!... well i hope not lol.

So how much will it be for a pint of strongbow now?

Osem · 25-03-2010, 09:49

Well so far I've heard a lot from New Labour about the tax increases on the middle-well off but precious little in recognition of the additional taxes the poor will be paying as a result of the frozen allowances. You'd expect that, of course - they'd hardly start wanting to tell the truth just before the election. The bad news, if they ever get to grips with accepting it, is going to come in the budget following the election. Darling keeps saying 'the wealthy will need to pay more' and I have no problem with that. What he refuses to admit, however, is that the less well off will have to pay a lot more too in one way or another but, typically, he's going to keep that as quiet as he can until the election's over. Wouldn't want the electorate we rely on for power to be able to vote on our plans would we??.....