Budget Day in the UK

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 10:21

What 'presents' would you like from Mr. Darling?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 10:23

I think with the probable election just six weeks away Darling will 'walk a fine line' and won't be giving too much away.

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
24/03/2010 10:23

Hi Bill i wonder what sweetners he can give today to entice the voters on the last budget before the elections.Or what he will take away from the rich x

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 16:00

Darling said "We aim to get all Tax Payers money back from the Banks"



Surely he shouldn't be making jokes at a time like this?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 16:02

He said "Everyone in the UK is to be guaranteed access to a bank account"



That's good, I'll ask for access to his bank account. )

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 16:08

He's still cracking jokes - he said "this will be a budget to secure the recovery, tackle borrowing and invest in Britains Industrial future"



These jokes are better than Coopers. )

ROBnJO


Joined: 30/06/2008
Posts: 1289

Message Posted:
24/03/2010 16:17

Phew!!!







At least he didn't target us multi-millionaire non-doms in N Cyprus!

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 16:18

His latest comment is an absolute cracker...



"Net borrowing for the financial year will total £167billion, down from the previously forecast £178billion"



isn't that great news, we only need to borrow £167,000,000,000. I guess that's ok then!

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
24/03/2010 16:20

Rob. We've escaped the net - this time! )

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
24/03/2010 16:31

£250 fuel payment this year, come on all you pensioners vote labour!! Extra tax credit for parents of 1 & 2 year olds!! No stamp duty for first time buyers up to £250.000 5% rise if your property is over £1 million. 10% tax on Cider 2% on other drinks. 1% on cigs.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
24/03/2010 17:57

First time buyers stamp duty threshold level increased not such a bonus as initially seems. Divorced/separated couples giving away the property to the other does not qualify nor anyone who owns property anywhere in the World and many other restrictions in the small print. How would HM Government consider property ownership in the TRNC? Is it or not owned or recognised as such?!



Richard

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
24/03/2010 20:56

If you have owned a property previously sold it and then rented and then decide to buy again you don't qualify.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
24/03/2010 21:04

Also, having lived with your partner (house in the others name) but financially contributing to the 'running' of the property and then separate, you still do not qualify! Living in a caravan before first time purchase also exempts you from the tax break!



Work that one out!



Richard

jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
24/03/2010 21:10

Stamp duty increase...................... another Labour initiative that doesn't apply to anyone

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
24/03/2010 21:55

I t will apply to 9 out of 10 first time buyers Gordon says!!!

barnaclebill


Joined: 12/12/2008
Posts: 303

Message Posted:
24/03/2010 21:59

Msg 13

Brinsley where do you get your information from with regard to the bit about living in a caravan exempts you from this stamp duty allowance. As far as my council is concerned if you live in a caravan,static home and not a park home you are considered as not having a official residence.You could if you wish apply for a council residence and be favourably looked on due to your circumstances.Obviously if you own a park home you pay council tax and you can stay on these sites for 365 days a year ,if you live in a mobile home you dont pay council tax and you have to be off site for a minimum of 6 weeks in the year depending where you live.My point is if a couple were to get together and move into a static home this is not considered as a permanent residence and therefore they would be eligble for the discount as first time buyers if of course they had not owned any thing prior to this.

BB

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
24/03/2010 22:07

Msg 16

You should have listened to the 'money program' BBC Radio 4 this afternoon!



Richard

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
24/03/2010 23:12

so how has he hit the main families, the workers not the rich, petrol booze fags, child care etc, any increase on pensions yet x

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
24/03/2010 23:24

No increase in pensions and a freeze on tax allowances, so nothing for pensioners except £250 fuel allowance. Increase in tax credits for families with children age 1 & 2.

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
24/03/2010 23:29

thanks woodspeckie x

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
25/03/2010 06:24

Fuel payment ha when i applied was told no way you were absent from the uk at the crucial time to get it. Thanks for telling me i said now its too late.

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
25/03/2010 06:32

There'll be no recovery. Not this time.

What will happen will be a double dip recession and deflation with accompanying mass bankruptcies, soaring unemployment, a busted currency and burning cities.

Won't matter who gets elected in the coming election. LibLabCon are all one and the same party anyway - all pro Europe and pro fractional reserve debt based banking scam slavery.

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
25/03/2010 06:56

Corbo,



Given your prognosis, do you think the Tories want to win this poisoned chalice? You bet they don't, that's why they've got 'smarmy-Dave' up front to tack the flak.



If they win and the worst happens the public will turn on their failure to deliver on the promises and Cameron will have to go... if they lose, 'oh well Dave it's your fault, you are too posh.. you must fall on your sword'.



The only thing he has going for him, his missus is a top bit of Euro-crumpet even up there with Carla Gilberta Bruni down to her discreet tattoo... Photogenic qualities are everything in politics these days.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
25/03/2010 09:05

.... 'oh well Dave it's your fault, you are too posh..



) ) )

bachelibelly


Joined: 04/09/2008
Posts: 275

Message Posted:
25/03/2010 09:56

Re " Help for small businesses" business rate reduction another masterstroke by the Grey destroyer , come on Longjohns and Coachie explain this to me . Just had my business rates ( Start in April not October so whats that all about) up 40% ,yes 40% in one of the hardest times for small shops to survive your caring mr Daring has hiked the business rates now so he can maybe throw you a lifeline in October , of course by then Labour will be a byword and Darling with be head of monetry affairs for the EU on £2000,0000,00 a year plus pension scheme,God help it .Quality !!!!!!!!!!!

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
25/03/2010 10:04

I think you are correct Groucho..the mess is too big to clear up without real pain.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
25/03/2010 11:00

I guess we'll have to wait a few weeks to see what Budget the Tories propose if they win the election. I bet that'll be much better. I wonder if they'll get rid of the 5% stamp duty for the purchase of properties over £1m.

stellasstar1



Joined: 02/07/2008
Posts: 1519

Message Posted:
25/03/2010 12:06

Do you think this will affect the exchange rate of pound and lira/

jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
25/03/2010 12:50

Until house prices return to affordable levels again the UK will continue stagnate & the Government has done everything in it's power to keep them artificially high. We have the "lowest" interest rates on record yet the banks don't want to lend cos too many are already "maxed out". Debt is viewed as wealth by many especially the Government.





There is no lack of housing in the UK just a lack of affordable housing & FTB's don't buy houses @£250k where I come from.





The last 10 years (which many class as a boom period) was created on the back of borrowed money that is looking like will never be paid back. Normally inflation is the way they reduce the debt but they cant do this as the system will just collapse but unfortunately that is what is needed with this ponzi system we have.

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
25/03/2010 15:19

There was an interview with a young girl on TV yesterday about first time buying, even if she could get a flat for £100,000 she would need £15,000 as a deposit as mortgages are hard to come by, she was working but said no way could she afford to save that amount. I feel sorry for the young ones today who try there best to have a good standard of living, they don't get help but the non workers do.