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[Politics] Hammond's Budget







Titanic

Super Moderator
Helpful Moderator
Jul 5, 2003
39,025
West Sussex
"By getting our debt down, by supporting British families and businesses, by investing in the technologies and the skills of the future and by creating the homes and the infrastructure our country needs.: we are building a country fit for the future."
 


Pavilionaire

Well-known member
Jul 7, 2003
30,521
Good news for first time buyers but another tax take reduction.

When will the penny drop that to pay for decent public services you need to raise a certain amount of tax? The Government is simply not doing that, indeed corporation tax has gone down, income tax and VAT have stayed the same but Personal Allowances and tax bands have gone up.
 


Thunder Bolt

Ordinary Supporter
Health and social care

£2.8bn in extra funding for the NHS in England
£350m immediately to address pressures this winter, £1.6bn for 2018-19 and the remainder in 2019-20
£10bn capital investment fund for hospitals
 








Pavilionaire

Well-known member
Jul 7, 2003
30,521
But that is tiny when house prices go up and rent can be twice as high as mortgage. It is sod all.

You said they should tax second home buyers, I pointed out that they already are and have been for a couple of years.

To be fair, Hammond has abolished stamp duty for first time buyers whilst reducing incentives to purchase buy to lets through abolishing the 10% Wear & Tear Allowance, increasing stamp duty and reducing Higher Rate tax relief on mortgage interest. As a result landlords are selling up and those properties are returning to the general market.
 




nicko31

Well-known member
Jan 7, 2010
17,523
Gods country fortnightly
The public sector deserve a proper pay rise but we've boxed ourselves in

As predicted f..all for those in the public sector. Really wouldn't be surprised if we see a general strike at some point
 








Moshe Gariani

Well-known member
Mar 10, 2005
12,068
"By getting our debt down, by supporting British families and businesses, by investing in the technologies and the skills of the future and by creating the homes and the infrastructure our country needs.: we are building a country fit for the future."
" A record of failure with the promise of more to come".
 


brakespear

Doctor Worm
Feb 24, 2009
12,326
Sleeping on the roof
I didn't actually pass any political comments at all though, did I?

The red mist has come it seems.
You didn't ,that is fair- although you implied that others weren't able to form their own opinions without being spoonfed them.
 












biddles911

New member
May 12, 2014
348
Let's just hope it's a disaster. Hopefully the country will be ruined beyond repair by the end of this parliament and we can laugh at those Tory Brexit wankers

Don’t worry. Whatever happens with Brexit we can rely on JC to finish off the job...... looking forward to a winter (decade?) of discontent (where have I heard that one before? Oh yes, the seventies when we last had a socialist government!).




Sent from my iPhone using Tapatalk
 




Dorset Seagull

Once Dolphin, Now Seagull
shhhhh dont tell everyone because not a lot of remainers know this but the cross party group who campaigned for brexit had no regulatory powers to set government spending on the NHS and the bus logo has yet to be officially designated as an Act of Parliament.......crazy eh?

Not forgetting the bus didn’t actually say all of the £350m should go to the NHS :thumbsup:
 


Berty23

Well-known member
Jun 26, 2012
3,167
You said they should tax second home buyers, I pointed out that they already are and have been for a couple of years.

To be fair, Hammond has abolished stamp duty for first time buyers whilst reducing incentives to purchase buy to lets through abolishing the 10% Wear & Tear Allowance, increasing stamp duty and reducing Higher Rate tax relief on mortgage interest. As a result landlords are selling up and those properties are returning to the general market.

I said it needed a massive one to make a difference didn't i?
 



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