| The Budget on 18:24 - Oct 28 with 541 views | onehunglow |
Those who’ve worked and saved for their old age will,pay for shits that never will |  |
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| The Budget on 19:15 - Oct 28 with 488 views | AnotherJohn |
| The Budget on 18:24 - Oct 28 by onehunglow |
Those who’ve worked and saved for their old age will,pay for shits that never will |
On the face of things not too much impact on middle income individuals/families. The worst thing is what we knew about already, the fiscal drag arising from frozen income tax thresholds. Continuing with the £20K annual deposit limit for cash ISAs will help some, but if you don't shelter your savings there is another 2% tax to pay. The £100 gift for band A to D council tax payers doesn't affect me, but I suppose I benefit from continuing VAT relief in a couple of areas. Small businesses have had a few crumbs thrown their way, but these only partially offset other negative developments. Landlords, like Contro, take a slight hit. Did I get anything wrong? [Post edited 28 Oct 19:21]
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| The Budget on 19:17 - Oct 28 with 470 views | Whiterockin |
| The Budget on 19:15 - Oct 28 by AnotherJohn |
On the face of things not too much impact on middle income individuals/families. The worst thing is what we knew about already, the fiscal drag arising from frozen income tax thresholds. Continuing with the £20K annual deposit limit for cash ISAs will help some, but if you don't shelter your savings there is another 2% tax to pay. The £100 gift for band A to D council tax payers doesn't affect me, but I suppose I benefit from continuing VAT relief in a couple of areas. Small businesses have had a few crumbs thrown their way, but these only partially offset other negative developments. Landlords, like Contro, take a slight hit. Did I get anything wrong? [Post edited 28 Oct 19:21]
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The 24% tax landlords will have to pay will surely push rents up. |  | | |
| The Budget on 20:13 - Oct 28 with 415 views | JACKMANANDBOY |
Debt scheduled to grow, benefits growing, defence underfunded; something has to give either tax rises or budget cuts net year.....election required? |  |
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| The Budget on 20:51 - Oct 28 with 372 views | union_jack |
| The Budget on 19:17 - Oct 28 by Whiterockin |
The 24% tax landlords will have to pay will surely push rents up. |
It’s ludicrous what they’ve done here. I’m a landlord and rely on that income and investments to live. Not a good budget for me.
Clearly for some reason or another the government want private landlords off the scene. I don’t know why, it’s not as if they feel tenants get a rough deal as regulations and legislation prevent slum landlords from operating these days.
Landlords provide a good service to those who need rental property maybe because they don’t have the means to get a purchase or that they move around continuously and owning property prevents that happening.
I’m livid after today because they only just announce a 2 percentage point increase and now have doubled that increase. Eventually, my tenants are going to have to foot that bill. |  |
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| The Budget on 20:58 - Oct 28 with 361 views | Whiterockin |
| The Budget on 20:51 - Oct 28 by union_jack |
It’s ludicrous what they’ve done here. I’m a landlord and rely on that income and investments to live. Not a good budget for me.
Clearly for some reason or another the government want private landlords off the scene. I don’t know why, it’s not as if they feel tenants get a rough deal as regulations and legislation prevent slum landlords from operating these days.
Landlords provide a good service to those who need rental property maybe because they don’t have the means to get a purchase or that they move around continuously and owning property prevents that happening.
I’m livid after today because they only just announce a 2 percentage point increase and now have doubled that increase. Eventually, my tenants are going to have to foot that bill. |
As I thought, they really don't look at the bigger picture. | | | |
| The Budget on 22:18 - Oct 28 with 293 views | majorraglan |
| The Budget on 20:51 - Oct 28 by union_jack |
It’s ludicrous what they’ve done here. I’m a landlord and rely on that income and investments to live. Not a good budget for me.
Clearly for some reason or another the government want private landlords off the scene. I don’t know why, it’s not as if they feel tenants get a rough deal as regulations and legislation prevent slum landlords from operating these days.
Landlords provide a good service to those who need rental property maybe because they don’t have the means to get a purchase or that they move around continuously and owning property prevents that happening.
I’m livid after today because they only just announce a 2 percentage point increase and now have doubled that increase. Eventually, my tenants are going to have to foot that bill. |
I’m in the same boat as you. I’m an accidental landlord, I rent out a small place to a junior doctor who has been posted to the area as part of their 2 year training contract. It’s a really nice place and I haven’t raised the rent at all since they first moved in and I recently agreed that I’d keep it at the same rate for another 12 months but after that I’m likely to have to put it up. We have a shortage of doctors in my area so renting my place to one is a bit of a public service.
There’s no denying that there are poor landlords out there. I have found myself renting a couple of times after moving house on account of work, nearly all the rentals wifey and I viewed were awful. We eventually got decent places, but only because of contacts in work. It’s important to note there are also good landlords out there too, I consider myself to be one of them and if my tenant had an issue it gets sorted immediately.
I’m appalled with regards to the decision to pay the £100 entry payment to people in Band A to D properties, I think it should have been based on need. I know a pensioner who lives alone in a Band E house, it’s their family home and they’ve lived there many years. The person receives a state pension and a couple of small private pension payments her husband took out which total around £1k per year. Its not a case of the person failing to make provision when they were younger, the pensioner works part time and wasn’t allowed to contribute to a pension scheme.
How is it right that a household earning £60k to £70k per year living in a Band D house get the £100 and the pensioner doesn’t! Mental. | | | |
| The Budget on 01:55 - Oct 29 with 208 views | Robbie |
I will get a hundred notes back as a token gesture , thanks for that but I am sure policies will be in place to claw that freebie back through other taxation written in the small print .
I really do applaud the tax rises on these awful pop up vap shops though , evereywhere .
Taxation on online gaming and the Companies involved , yes again from me .
The big Banks might see it as another nail in their massive gains in their profits and say I am out of the UK soon , Amazon to follow suit too .
Will Russia be happy with another £10 billion from the UK taxpayer into Ukraine .
Stock up on pasta , bog roll and bottled water , the end is fast approaching . | | | |
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| The Budget on 04:19 - Oct 29 with 182 views | Demitrius |
| The Budget on 01:55 - Oct 29 by Robbie |
I will get a hundred notes back as a token gesture , thanks for that but I am sure policies will be in place to claw that freebie back through other taxation written in the small print .
I really do applaud the tax rises on these awful pop up vap shops though , evereywhere .
Taxation on online gaming and the Companies involved , yes again from me .
The big Banks might see it as another nail in their massive gains in their profits and say I am out of the UK soon , Amazon to follow suit too .
Will Russia be happy with another £10 billion from the UK taxpayer into Ukraine .
Stock up on pasta , bog roll and bottled water , the end is fast approaching . |
I always enjoy your posts Robbie - you're the only person alive on here in the middle of the night !
My body clock is like a busted flush from years of working nights and days and also 5 day weeks.
You obviously work nights and forgive me if I'm wrong but you're like most of us on here the other side of 50 right?
Recently I've been contemplating a career change and doing nightshifts again as I don't like Joe Public in general and working while they are all snoring away in bed is a strong pull factor. I used to feel very smug going home to bed to a cuppa and some Custard Creams looking at all the miserable faces on the morning commute going the other way - I enjoyed being a maverick outsider ..
My only reservation is if I could hack it long term now at my age - 57 - but having said that here I am bright as a button at 4am !!
Any advice very much appreciated.  |  |
| “Cunnilingus and Psychiatry brought us to this …” |
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| The Budget on 06:17 - Oct 29 with 146 views | Whiterockin |
| The Budget on 22:18 - Oct 28 by majorraglan |
I’m in the same boat as you. I’m an accidental landlord, I rent out a small place to a junior doctor who has been posted to the area as part of their 2 year training contract. It’s a really nice place and I haven’t raised the rent at all since they first moved in and I recently agreed that I’d keep it at the same rate for another 12 months but after that I’m likely to have to put it up. We have a shortage of doctors in my area so renting my place to one is a bit of a public service.
There’s no denying that there are poor landlords out there. I have found myself renting a couple of times after moving house on account of work, nearly all the rentals wifey and I viewed were awful. We eventually got decent places, but only because of contacts in work. It’s important to note there are also good landlords out there too, I consider myself to be one of them and if my tenant had an issue it gets sorted immediately.
I’m appalled with regards to the decision to pay the £100 entry payment to people in Band A to D properties, I think it should have been based on need. I know a pensioner who lives alone in a Band E house, it’s their family home and they’ve lived there many years. The person receives a state pension and a couple of small private pension payments her husband took out which total around £1k per year. Its not a case of the person failing to make provision when they were younger, the pensioner works part time and wasn’t allowed to contribute to a pension scheme.
How is it right that a household earning £60k to £70k per year living in a Band D house get the £100 and the pensioner doesn’t! Mental. |
Currently the council tax band stays the same if you buy a small house in a low band then extend and develop it. Some locally are in the £600K plus bracket and still band D and stay there until they sell and its rebanded, yes there are plans to change this but currently its the case. Another ill thought out policy. | | | |
| The Budget on 08:42 - Oct 29 with 95 views | onehunglow |
| The Budget on 04:19 - Oct 29 by Demitrius |
I always enjoy your posts Robbie - you're the only person alive on here in the middle of the night !
My body clock is like a busted flush from years of working nights and days and also 5 day weeks.
You obviously work nights and forgive me if I'm wrong but you're like most of us on here the other side of 50 right?
Recently I've been contemplating a career change and doing nightshifts again as I don't like Joe Public in general and working while they are all snoring away in bed is a strong pull factor. I used to feel very smug going home to bed to a cuppa and some Custard Creams looking at all the miserable faces on the morning commute going the other way - I enjoyed being a maverick outsider ..
My only reservation is if I could hack it long term now at my age - 57 - but having said that here I am bright as a button at 4am !!
Any advice very much appreciated. |
57 !
Fifty seven ?
Custard Creams !
At 4 am this morning I was awake too worrying about the upcoming international break and our blocked drain
You could always move and become my Aide de Camp | |
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| The Budget on 12:18 - Oct 29 with 43 views | Wingstandwood |
What scares me is the predicted rise in the U.K's benefits bill to £431 billion. Now people will have to be taxed to pay for that along with paying for 3 Trillion national debt.
That will mean that more will leave the U.K, more will take their foot off the gas peddle, because being ambitious, industrious and hard working will have zero incentive. Thus creating a catastrophic doom loop/vicious circle.
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| The Budget on 12:50 - Oct 29 with 27 views | onehunglow |
| The Budget on 12:18 - Oct 29 by Wingstandwood |
What scares me is the predicted rise in the U.K's benefits bill to £431 billion. Now people will have to be taxed to pay for that along with paying for 3 Trillion national debt.
That will mean that more will leave the U.K, more will take their foot off the gas peddle, because being ambitious, industrious and hard working will have zero incentive. Thus creating a catastrophic doom loop/vicious circle.
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This cynical fookn Burnham truly is smashing ip any clowns that have worked s their lives to self provide
Mugs
Meanwhile ? After paying tax on wages , they know attack the income on savings by increasing it
We have royally screwed up
Those idle feckets will do very well out of Labour
Tories failed for years to protect the thrifty ; those whose offspring don’t smash A and E staff and let their spawn loosen the streets
I’m
On the fence here | |
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