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Old 21-03-2012, 10:51   #1
mertle
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Join Date: Feb 2004
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mertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quadsmertle has a fine set of Quads
The Budget, March 2012

May as well start this thread.

Key anouncements will be made

1. We will see7% stamp duty on property worth more than 2m. To be honest dont understand why the threshold way too high. Surely to push it more into the common top earners would be much better so anything above 1m property. Like most policies sting in the tail is there so few 2m mansions. Who says its 2m the estate agents so as these people owning them got few bob they will sell for 1.9m then buy bungs 2m gift to the seller bobs your uncle circumvent the stamp duty.

http://www.bbc.co.uk/news/business-17455711

2 other nuggets is 50% tax to reduce to 45% delayed for one year. To me this disgrace there absolte no Guarantee tax avoidence or tax avation will curtail even worse no guarantee it will be invested to create jobs. Better to collect what you can than rather see if it makes jot. The rich who do this still got the weazil accountants beavering to find the next loophole they wont say hey lets be honest cough up now they hurting us less by 5%. Time will see if this move is another osbourne poor decision.

The other is raising the threshold bottom end to £9,000 before you get taxed. Not sure it will it be enough to ofset loss tax credit so still be worse off but step in right direction. Problem is where the money coming from aint we supposed to be broke why we leasing roads privatisation NHS. You can tell we getting to air they might go for early election by giving out sweaties early. I bet they feel confident to shackle the infested flys called lib/dem.

http://www.bbc.co.uk/news/uk-politics-17450719
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