The Budget

:bub:

Seven weeks ago I paid just under £1k in stamp duty. As of tomorrow, I would not have done so. I suppose this is a good move, but perhaps too little too late, and the timing is particularly irksome to me. :grrr:

Beer and wine up. :grrr:

"I can afford tax cuts for hard working families". However, hard-working single persons such as myself see nothing but increases.

 

I guess there's only one thing for it, Isaac

 

As crap as usual, he's put off funding the £11bn hole in his figures till next time. Personally, Ive not gained in any area, personal or business, yet I pay alot of tax, employ local people & invest heavily in the local economy. Thanks Gordon.

 

tones - if it were legal, sure.

 

The economy had now grown for 50 consecutive quarters, he said, and was forecast to continue doing so over the next year, with a forecast of 3% to 3.5% in 2005 and 2.5% to 3% in 2006.


Eh? forecast at the moment shows that growth will be 1.5% at best this year and 1% next year, Ive said it before and I'll say it again (this isnt anything personal to others), politicians cant see past the boundaries of London

 

Chaps

Overall it wasn't too bad.

Whisky is staying the same and pensioners are getting a £200 rebate.

The stamp duty will probably encourage a few more buy to let Landlords to buy up cheap houses and convert them into flats. That is complemented by his CGT concessions granted a few years ago, reducing the overall levels on investment property. So overall a good move. Gordon seems to have a soft spot for private landlords.

Income tax allowances have gone up with inflation, as has inheritance tax.

The smokers.........no one cares about them.

Overall, a neutral budget which is what it should be.

Regards

Mick

 

He is trying to look after the moaning middle class, as they have the say in elections.

 

T Bone doesn't think Gordon's growth forecast is reliable, why not? His last one was spot on despite all the doubters at the time.

Bob

 

Bloody beer goes up as usual. Still - a nice find on my work home was that my local offy now stocks Old Speckled Hen! Starting a new job next month - finally in IT & Network support and will be about £1200 better off per year. Not affected by the budget, apart from beer costs, thankfully! :beer:

 

did he sort out the nhs, pension or educational funding crises? somehow i think not. bread and circuses my friends, bread and circuses.
and of course he made it more attractive to buy a house. skyrocketing house prices and the banks willingness to loan ridiculous multiples of joint income are about all that are keeping the economy going. once that stops - as it will have to, people will realise that they don;t own the house they live in, can hardly afford to pay for it and have a huge credit bill secured on their houses. can anyone say 1992?
stock market took a big kicking yesterday so the financial sector aren't too up on gordo's budget.
cheers


julian.

 

To date growth is at 1.5%, we've had he worst jan & feb for seven years, the retail sector is in negative growth, Japan is officially in a recession and the US is hot on their heels, relying heavily on the Chinese banks buying the dollor. As we are only 6 weeks from an election (although an event organiser for the BBC has told me to put money on the 20th May) he's hardly going to turn round and say he's missing his target. Sure enough, come september and the next budget he can change his story.

If you read the budget document and not rely on biased media (one way or the other) theres plenty of small print in there, these 'give-aways' are short-term, the £200 buy-off is a one-off as it stands and he' put a very short time-scale on the reviews. Ive got too give GB his credit, he certainly knows how too buy a headline, all pensioners are getting an extra £200 in their pocket hurray, hmmmm not quite, now if they said we'll set-aside £200 for every pensioner is the country and distribute it via a means test, ie those who really need it get the most would be fair. Well it would except alot less would be paid back through various taxation, and we dont want that.

Dont get me wrong, I think the Chancelor is the hardest position to have in government after being PM and on the whole Gordon hasnt done too bad, I maintain that the country has been riding on a world boom but still we could have had alot worse.

 

I'll vote for anyone who stops paying chavs to have kids My gf works in an estate agents and she gets people in getting self cert mortgages, their sole income is benefits and they take home more per anum than her! Other none workers go in and buy houses cash, bringing bank books with over 100k in them.
How much longer do we have to tolerate the police hiding behind parked cars with speed guns, they only do it during the day when businessmen use the roads not at night when the bespoilered chavmobiles are terrorising our roads.
Petrol stayed as is for now thank god for that, I only get 290miles out of £55

 

rsand,
having been in the situation recently where i've had no income and a child to support i'd never vote for a government that didn't provide some form of safety net for the 'bottom rung'. are the instances of 'chav's' with 100k in the bank that regular? could they not be explained by an inheritance or something else?
cheers


julian

 

100k Rsand come on. Having had health problems, and my wife had to have benefits while i was in hospital. i had paid into the system then when i needed it it was there until my insurance company started paying (note insurance does not pay straight away)

 

rsand - what do you drive to get that little?

 

Strange - I just filled up tonight & it had gone up 4p/litre since Tuesday....

 

Thats what I was thinking.

Ive done 450 over the last 2 days, on about 30 quid.. maybe 35 tops.

 

What do you drive to get that much?!

I get about 300 miles on about £35. But my car doesn't do well on the sort of driving I have now as my commute. My old 45 mile (each way) dual-carriageway commute got it up to 31mpg average over 18k miles.

 

I get about 380 miles from £35 worth of derv, Ive had quite abit more but my right foot has vertigo. My last car was a shogun LWB 3.0 V6 auto and that liked a drink big time! When I sold cars I had certain ones in single figures according to their computers!!

 

I get nearly 500 miles from a tankful about £40 in the Skoda. Most of that is up and down the M60 twice a day