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  #1  
Old 23-09-2022, 08:03 AM
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Autumn mini-budget that isn't a budget

What are we looking forward to?

Why won't the government publish the OBR forecast?
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  #2  
Old 23-09-2022, 08:11 AM
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National Insurance is a tax on employers and employees, it is a tax on jobs. I don't mind it being scraped.

Put up income tax, put up dividend tax, put up capital gains tax and above all put up corporation tax and impose a windfall tax on those reaping the rewards of Putins war on Ukraine.

Oh and rejoin the customs union for goods and services and allow free movement of people with the EU, that is the single biggest measure the government can take to strengthen the pound and grow the economy
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  #3  
Old 23-09-2022, 08:36 AM
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Originally Posted by adrenalin john View Post
National Insurance is a tax on employers and employees, it is a tax on jobs. I don't mind it being scraped.

Put up income tax, put up dividend tax, put up capital gains tax and above all put up corporation tax and impose a windfall tax on those reaping the rewards of Putins war on Ukraine.

Oh and rejoin the customs union for goods and services and allow free movement of people with the EU, that is the single biggest measure the government can take to strengthen the pound and grow the economy
I think you may have misread the new government…
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  #4  
Old 23-09-2022, 08:54 AM
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Originally Posted by Reps AJ View Post
What are we looking forward to?

Why won't the government publish the OBR forecast?
Has anything been said about honouring the pension triple-lock manifesto pledge?

Us something-for-nothing-merchant boomers want something to look forward to
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  #5  
Old 23-09-2022, 08:59 AM
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Originally Posted by Walter Wort View Post
Has anything been said about honouring the pension triple-lock manifesto pledge?

Us something-for-nothing-merchant boomers want something to look forward to
Re-instating the triple-lock and scrapping income tax for pensioners will boost my economy.
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  #6  
Old 23-09-2022, 09:01 AM
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Originally Posted by dave_who_ru View Post
Re-instating the triple-lock and scrapping income tax for pensioners will boost my economy.
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  #7  
Old 23-09-2022, 09:05 AM
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Originally Posted by Reps AJ View Post
Why won't the government publish the OBR forecast?
I can't possibly imagine.
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  #8  
Old 23-09-2022, 09:16 AM
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I can't possibly imagine.
Maybe it shows things will be too good and they don't want to overexcite us?
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  #9  
Old 23-09-2022, 09:18 AM
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Quote:
Originally Posted by adrenalin john View Post
National Insurance is a tax on employers and employees, it is a tax on jobs. I don't mind it being scraped.

Put up income tax, put up dividend tax, put up capital gains tax and above all put up corporation tax and impose a windfall tax on those reaping the rewards of Putins war on Ukraine.

Oh and rejoin the customs union for goods and services and allow free movement of people with the EU, that is the single biggest measure the government can take to strengthen the pound and grow the economy

In recession - raise taxes all over the place.

Madness.
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  #10  
Old 23-09-2022, 09:18 AM
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Originally Posted by Reps AJ View Post
Maybe it shows things will be too good and they don't want to overexcite us?
That's one possibility.
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  #11  
Old 23-09-2022, 09:20 AM
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The current Chair of the Treasury Select Committee, Mel Stride a Tory MP, disagrees with the Government that the OBR weren't able to provide a forecast in time
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  #12  
Old 23-09-2022, 10:04 AM
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45p higher rate income tax band gone

Good news for those lucky enough to pay it... very few of us.
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  #13  
Old 23-09-2022, 10:05 AM
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Originally Posted by Reps AJ View Post
45p higher rate income tax band gone

Good news for those lucky enough to pay it... very few of us.
629k earned more than £150k
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  #14  
Old 23-09-2022, 10:06 AM
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Stamp duty cut... last time they tried that house prices spiked and made it more expensive to move
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Old 23-09-2022, 10:09 AM
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Quote:
Originally Posted by Reps AJ View Post
Stamp duty cut... last time they tried that house prices spiked and made it more expensive to move
It hasn't been cut, thresholds have been increased which is a bit more balanced and it is also permanent which may prevent the spike especially given rising interest rates and subsequent increasing costs of mortgages.
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Old 23-09-2022, 10:10 AM
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Originally Posted by Reps AJ View Post
45p higher rate income tax band gone

Good news for those lucky enough to pay it... very few of us.
It is good news, will cover the increased energy bills for those on over £150k a year
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  #17  
Old 23-09-2022, 10:14 AM
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Quote:
Originally Posted by Palace Kebab View Post
It hasn't been cut, thresholds have been increased which is a bit more balanced and it is also permanent which may prevent the spike especially given rising interest rates and subsequent increasing costs of mortgages.
You will pay less stamp duty on a house purchase = a cut in stamp duty unless you want to play semantics

Yesterday buying a £350,000 house = £7,500 in stamp duty

Today buying a £350,000 house = £5,000 in stamp duty

Last edited by Reps AJ; 23-09-2022 at 10:16 AM.
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Old 23-09-2022, 10:15 AM
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Originally Posted by swissroll View Post
It is good news, will cover the increased energy bills for those on over £150k a year
I had been worried about them
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Old 23-09-2022, 10:17 AM
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I had been worried about them
I'd been thinking of nothing else.
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Old 23-09-2022, 10:17 AM
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Stamp duty cut... last time they tried that house prices spiked and made it more expensive to move
Possibly trying to stave off, or more likely delay the impending crash.
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