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Post by mostlywrong on Oct 30, 2024 8:12:33 GMT
The big question is:
Do I light the fire now, paid for out of my meagre pension, ready for me to watch the Budget?
Or do I wait in the hope that I will be so upset, nay incensed, that my anger keeps me warm, and I won't need to light the fire, hence saving me some pennies?
MW
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Post by mostlywrong on Oct 30, 2024 12:02:01 GMT
I am all set.
I have my beer, popcorn and bingo card all ready.
Good Luck to the Country and all who sail in her!
MW
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Oct 30, 2024 12:09:24 GMT
I am all set.
I have my beer, popcorn and bingo card all ready.
Good Luck to the Country and all who sail in her!
MW
Glug...Glug........Glug.......................Glug 
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Post by bernythedolt on Oct 30, 2024 12:26:09 GMT
Just to make your day even brighter, we learn that Ms Reeves has just taken down the portrait of Nigel Lawson on her office wall and replaced it with a picture of the female co-founder of the Communist Party of GB. She intends all her wall pictures to be of or by women only.
We're about to learn how far these sixth-form politics influence her Budget...
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agent69
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Post by agent69 on Oct 30, 2024 12:30:14 GMT
I see Farage and Tice have managed to drag themselves away from their daytime jobs to attend the chamber for the budget.
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Oct 30, 2024 13:44:52 GMT
Stock market climbing, especially builders and brewers
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michaelc
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Say No To T.D.S.
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Post by michaelc on Oct 30, 2024 13:48:06 GMT
I think this is quite a bit tamer than what I was expecting. Even the CGT doesn't apply to landlords (or any property).
Its certainly no JC budget and she still managed to get 40Gb? Not bad I would say.
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observer
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Post by observer on Oct 30, 2024 13:48:38 GMT
Business Property Relief and Agricultural Property Relief changes are significant. A lot of farmers and their children will be reeling. "From April 2026, the first £1m of combined business and agricultural assets will continue to attract no inheritance tax at all but for assets over £1m, inheritance tax will apply with 50% relief, at an effective rate of 20%."
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Post by mostlywrong on Oct 30, 2024 14:12:33 GMT
I think this is quite a bit tamer than what I was expecting. Even the CGT doesn't apply to landlords (or any property). Its certainly no JC budget and she still managed to get 40Gb? Not bad I would say. But hasn't stamp duty for a second property increased to 5%?
I fell asleep so I might have mis-heard...
MW
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Post by mostlywrong on Oct 30, 2024 14:14:38 GMT
Stock market climbing, especially builders and brewers I note that Astra Zeneca snuck out some bad news during the speech!
Down 5% as I type.
On the plus side, it looks as if builders, banks and gaming companies are the beneficiaries. May be some relief at not being hit?
MW
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Post by mostlywrong on Oct 30, 2024 14:22:31 GMT
Business Property Relief and Agricultural Property Relief changes are significant. A lot of farmers and their children will be reeling. "From April 2026, the first £1m of combined business and agricultural assets will continue to attract no inheritance tax at all but for assets over £1m, inheritance tax will apply with 50% relief, at an effective rate of 20%." Yes, and who would be a farmer? Maybe this government wants farmers to sell all their land for housing, wind-farms and solar-farms?
I did get the feeling that it was small businesses that were the target of this Budget, which I find a little strange.
Having typed that, I might not have listened to all of the statement and, as usual, a lot of detail will only become apparent over the next few days.
MW
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agent69
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Post by agent69 on Oct 30, 2024 14:24:04 GMT
Stock market climbing, especially builders and brewersDid I hear somewhere among the chatter that duty on draught beer has changed to the extent you will now save 1p a pint.
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Post by mostlywrong on Oct 30, 2024 14:27:03 GMT
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jlend
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Post by jlend on Oct 30, 2024 14:53:20 GMT
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michaelc
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Say No To T.D.S.
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Post by michaelc on Oct 30, 2024 15:12:45 GMT
I think this is quite a bit tamer than what I was expecting. Even the CGT doesn't apply to landlords (or any property). Its certainly no JC budget and she still managed to get 40Gb? Not bad I would say. But hasn't stamp duty for a second property increased to 5%?
I fell asleep so I might have mis-heard...
MW
arrgghh good point !
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