mattk
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Registered: 27th Feb 06
Location: St. Helens
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quote:
Originally posted by emicen
No change on booze levy, wrong decision imho, especially on the back of all this chat about making Britain a more responsible society. Introducing minimum alcohol unit pricing is sensible. Again, talking to anyone in Norway they laugh at our situation with so much alcohol fuelled violence and attribute it entirely to our cheap booze. This shouldn’t be an attack on someone who likes to have the odd pint after work, or a bottle of wine with a meal, it’s about 50p vodka mixes all night or £1.27 litre bottles of cider out ASDA.
stfu tbh
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Ben G
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Registered: 12th Jan 07
Location: Essex
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glad they taxed the fags again. it's a disgusting habit as a lot of smokers i know say so maybe this'll encourage them to kick the habit finally.
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John
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Registered: 30th Jun 03
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More expensive booze would just mean poorer drunks, don't know how anyone can think otherwise.
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Ben G
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Registered: 12th Jan 07
Location: Essex
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also, the 250m ftb deposit thing seems a bit strange to me.
youngsters are going to borrow the money and then have a mortage AND a huge loan to pay back.
i wonder how long these interest free loans are over? would have to be very long to be effective.
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Cavey
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Registered: 11th Nov 02
Location: Derby
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iirc The minimum pricing wouldn't of affected the price of MOST drinks anyway would it?
I struggle to find cans of Carling for near 50p a can, obviously the idea was to bump up the price of White Lightning etc... which I can't argue with really, 99p for 1.5l of 7.5% isn't really a good idea
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Ben G
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Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by jacko198
quote:
Originally posted by corsa-sxi
income tax threshold?
So you dont get taxed if you earn less than £1k?
are you shitting me? 
gone up to 8k or something now hasn't it?
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John
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Registered: 30th Jun 03
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These home buying schemes have left a load of people in the shit by trying to keep house prices up, which then failed massively when the people go to sell and it's suddenly only worth half what they paid for it.
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emicen
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Registered: 26th Jul 10
Location: Glasgow
User status: Offline
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quote:
Originally posted by Ben G
quote:
Originally posted by jacko198
quote:
Originally posted by corsa-sxi
income tax threshold?
So you dont get taxed if you earn less than £1k?
are you shitting me?
gone up to 8k or something now hasn't it?
Exactly what I was thinking 
Goes up to £7475 this tax year and then £8k odds in 2012 iirc.
quote:
Originally posted by Cavey
iirc The minimum pricing wouldn't of affected the price of MOST drinks anyway would it?
I struggle to find cans of Carling for near 50p a can, obviously the idea was to bump up the price of White Lightning etc... which I can't argue with really, 99p for 1.5l of 7.5% isn't really a good idea
Indeed, the social reform Britain badly needs will only be achieved when the lower rungs who tend to cause the alcohol problems are moved closer to the choice of eat or drink (and we have the stones to turn around and go, pissed the giro up against the wall, how sad, jog on, no more assistance from me)
quote:
Originally posted by John
These home buying schemes have left a load of people in the shit by trying to keep house prices up, which then failed massively when the people go to sell and it's suddenly only worth half what they paid for it.
That's more gifted deposit, not shared equity really. It is very clearly illustrated that home values can go down as well as up, just people decided to ignore that when the £ signs were in their eyes and cry about it when it bit them on the hoop.
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jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
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quote:
Originally posted by corsa-sxi
are you winding me up jacko
Im not
Am i supposed to know this stuff, because i really dont! Hah.
I get taxed, the end.
Thats all i know of it 
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Bart
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Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
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anyone know for a summary of the budget, whats happened etc?
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jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
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quote:
Originally posted by Bart
anyone know for a summary of the budget, whats happened etc?
Check here
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John
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Registered: 30th Jun 03
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Or any of the news sites reporting on it, including the bbc.
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emicen
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Registered: 26th Jul 10
Location: Glasgow
User status: Offline
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quote:
Originally posted by jacko198
quote:
Originally posted by corsa-sxi
are you winding me up jacko
Im not
Am i supposed to know this stuff, because i really dont! Hah.
I get taxed, the end.
Thats all i know of it
So if your employer was skinning you for extra tax you wouldn't know. Or if the revenue cocked up again and royally under taxed you, you wouldn't know until they send you the letter going, "£1500 please, 3 months to pay"
I don't thinkk everyone should be an accountant but surely people should know the basics.
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jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
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I would notice if it was different, and i know my tax code is right etc.
Tbh, no one has ever explained tax to me before, the woman in work does it for me
When i eventually get a job where ill have to do my own, then im sure im in for a shock!
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jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
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quote:
Originally posted by Ben G
quote:
Originally posted by jacko198
quote:
Originally posted by corsa-sxi
income tax threshold?
So you dont get taxed if you earn less than £1k?
are you shitting me?
gone up to 8k or something now hasn't it?
Does that even matter though, who the hell gets paid less than 8k a year anyway? Students with part time jobs, but they dont pay tax because they are in full time education right?
So that only helps people who work part time?
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mattk
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Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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quote:
Originally posted by Cavey
99p for 1.5l of 7.5% isn't really a good idea
its perfect, if you want to get pissed, which I do after a week of work
the problem is not what is getting drank, or how much is being paid for it, its the people that drink it
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corsa-sxi
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Registered: 11th Jul 03
Location: Kingston upon Hull
User status: Offline
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quote:
Originally posted by jacko198
quote:
Originally posted by Ben G
quote:
Originally posted by jacko198
quote:
Originally posted by corsa-sxi
income tax threshold?
So you dont get taxed if you earn less than £1k?
are you shitting me?
gone up to 8k or something now hasn't it?
Does that even matter though, who the hell gets paid less than 8k a year anyway? Students with part time jobs, but they dont pay tax because they are in full time education right?
So that only helps people who work part time?
LOL mate....
Tax code is currently 647 i believe, meaning anything above £6475 is taxed, say you earn £30k then £23,525 is taxed. if the tax threshold raised to £8,015 then only £21,985 is taxable income, does that make sense? or do you earn too much to care about tax....so you get taxed less per year, giving you more to spend on whatever you want...
[Edited on 23-03-2011 by corsa-sxi]
[Edited on 23-03-2011 by corsa-sxi]
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jacko198
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Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
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Makes sense now. I new there was a level at which point you start to get taxed over but to be honest i didnt know what it was!
Ffs i am dozy!
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noshua
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Registered: 19th Nov 08
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daymoon
Premium Member
Registered: 1st Aug 08
Location: Selby, North Yorkshire
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Students in full time education do get taxed if they earn over the personal allowance treshhold...
I get this at work so many times... You dont pay tax do, you?
I wish i wasnt.... Would have been 2k better off...
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AndyKent
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Registered: 3rd Sep 05
User status: Offline
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Overall it seemed pretty good to me.
No council tax increases, less corporation tax and a bigger personal tax allowance. Extra £180 a year in my pocket, awesome.
The help for homebuyers is flawed though. If you can't or wont save for a house deposit you're fucked in the first place. Someone else funding the deposit just puts you in the shit faster no?
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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Not sure I like the idea of borrowing more money to buy my first house, I want to be finacally stable when I do it
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mwg
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Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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Start trading in things instead of money. I do 2 hours work for you in exchange for a tank of petrol, trade a horse for a car etc.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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quote:
Originally posted by mwg
Start trading in things instead of money. I do 2 hours work for you in exchange for a tank of petrol, trade a horse for a car etc.
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emicen
Member
Registered: 26th Jul 10
Location: Glasgow
User status: Offline
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The main plus point I see of it will be those that jump in without thinking will then need protected from their own stupidity.
So the more that take it up, the better chance of interest rates staying low to avoid repos and their associated bad press. (Anyone that honestly believes the MPC is impartial and acts solely on their remit of trying to manipulate inflation should go back to writing their letter to Santa :lol
Thinking things through a little further, the fuel duty games are going to mean bugger all very soon. Arses getting twitchy over Libya and the tsunami in Japan will see oil and raw prices ping north soon enough. When barrel prices go up they'll get their windfall anyway and can blame OPEC et al and claim they tried to protect us.
Time to get a motor that'll run RME derv.
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