| All this Budget Speculation 23:28 - Oct 18 with 3387 views | JACKMANANDBOY |
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more.
There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now. |  |
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| All this Budget Speculation on 09:16 - Oct 31 with 345 views | onehunglow |
| All this Budget Speculation on 09:08 - Oct 31 by Boundy |
I think any increase in Employers National Insurance contributions , Insurance etc will be , eventually passed onto the consumer, small businesses will have to reduce costs by either reducing the amount they employ or raising what they charge , increasing inflation . That's a socialist government for you. |
Who exactly are Tory people .
This is. Case of Labour being able to announce anything at all and it will be welcomed no matter what .
Class war .
Hate it |  |
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| All this Budget Speculation on 09:31 - Oct 31 with 326 views | Boundy |
| All this Budget Speculation on 09:16 - Oct 31 by onehunglow |
Who exactly are Tory people .
This is. Case of Labour being able to announce anything at all and it will be welcomed no matter what .
Class war .
Hate it |
I see Labour have put another round in the rifle aimed at farmers where farms worth more than a million will be exempt from the increase in inheritance tax making it financially unrealistic "a policy specifically designed to protect family-run farms by reducing the tax burden on them so they do not have to sell their main income source to pay the bill" . Farmers are the mainstay of our well being and yet along with planting trees in Uganda of making farmers turn over 20% of arable land to growing more trees seems to me a concerted effort to rid the country of the farming industry. | |
| "In a free society, the State is the servant of the people—not the master." |
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| All this Budget Speculation on 09:44 - Oct 31 with 306 views | Joesus_Of_Narbereth |
| All this Budget Speculation on 08:58 - Oct 31 by felixstowe_jack |
I see Reeves has done a U turn. She has admitted her £30 billion tax hike on business will result in job losses and lower pay rises for working people. |
Not to mention the hundreds of thousands of unskilled people being ferried into the country daily. |  |
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| All this Budget Speculation on 17:00 - Oct 31 with 199 views | felixstowe_jack |
| All this Budget Speculation on 09:16 - Oct 31 by onehunglow |
Who exactly are Tory people .
This is. Case of Labour being able to announce anything at all and it will be welcomed no matter what .
Class war .
Hate it |
Correct Starmer would like to say working class but he can't so he defines them as Working people which means all 35 million people who pay income tax and NI. | |
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| All this Budget Speculation on 17:09 - Oct 31 with 198 views | AnotherJohn |
Bond yields creeping up this afternoon. Let us hope this doesn't get too serious. | | | |
| All this Budget Speculation on 17:27 - Oct 31 with 194 views | JACKMANANDBOY |
| All this Budget Speculation on 17:09 - Oct 31 by AnotherJohn |
Bond yields creeping up this afternoon. Let us hope this doesn't get too serious. |
The more you borrow relative to your income, the more you get charged. So some increase expected, hopefully built into the plans. The problem is if the anticipated benefits do not materialise, the the markets will continue to creep up over the next couple of years | |
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| All this Budget Speculation on 17:53 - Oct 31 with 174 views | majorraglan |
| All this Budget Speculation on 09:31 - Oct 31 by Boundy |
I see Labour have put another round in the rifle aimed at farmers where farms worth more than a million will be exempt from the increase in inheritance tax making it financially unrealistic "a policy specifically designed to protect family-run farms by reducing the tax burden on them so they do not have to sell their main income source to pay the bill" . Farmers are the mainstay of our well being and yet along with planting trees in Uganda of making farmers turn over 20% of arable land to growing more trees seems to me a concerted effort to rid the country of the farming industry. |
It’s not quite that straight forward, over and above the farmers who are by and large genuine people trying to make a living the very wealthy have been buying up huge amounts of land as part of a tax avoidance strategies to offset tax liabilities. The change has been introduced to close a loophole, the consort is good but maybe it should be refined to prevent genuine farmers getting caught up. | | | |
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| All this Budget Speculation on 19:02 - Oct 31 with 112 views | JACKMANANDBOY |
| All this Budget Speculation on 17:53 - Oct 31 by majorraglan |
It’s not quite that straight forward, over and above the farmers who are by and large genuine people trying to make a living the very wealthy have been buying up huge amounts of land as part of a tax avoidance strategies to offset tax liabilities. The change has been introduced to close a loophole, the consort is good but maybe it should be refined to prevent genuine farmers getting caught up. |
The law was written as it was to allow for continuation of food production. If people are abusing that then they need to be taken to task not the whole population of farmers.
Same with private schools some are faith schools or have a send speciality and charge fees as low as £5,000 a year | |
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| All this Budget Speculation on 20:49 - Oct 31 with 73 views | onehunglow |
Nice dissection of the budget by Martin Lewis
Basically ,if you are thrifty all your life,plan for retirement then you are fair game
Save for your future
Yeah | |
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| All this Budget Speculation on 01:47 - Nov 1 with 17 views | Robbie |
Seems another mini budget due in the Spring next year .
Got out of this one it seems without much of a hit gladly others have not I know .
But the question on Rachels speech will be , we promised not to increase income tax on our original manifesto pledge and got voted in on that statement .
However this not new rise in taxation was a sleight of hand trick played by Rach to do another U turn albiet through this second budget .
Come next Spring concerns will surface agian regarding her planning .
Liz Truss and Kwasai Kwarteng are a hard act to beat though .
Politicians , got to love them . | | | |
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