I don't think it's coincidence that the NHS money is £350m. He's obviously trolling
That's what I thought, too.
I do love the fact that government policy is now a sort of petty, yah-boo parlour game amongst a load of public schoolboys. The next logical step is, I suppose, to decide it with a game involving biscuits
Home many 1st time buyers are buying properties upto £300K, Scottish threshold was £145K.
no it wasnt . we didnt pay stamp on our gaff and it was more than 145- and less than 300k mind - alot less....
Good to see minimum wage going up.
now £7.83 an hour,
Band 1/2 NHS at the first pay point in band are now only 5p above minimum wage at £7.88
😥
a load of public schoolboys.
Philip Hammond went to a comp
Home many 1st time buyers are buying properties upto £300K, Scottish threshold was £145K.
We bought our house as first time buyers ten years ago and it was £245K
And that's in the North East of England where house prices are relatively low.
Does Mr Hammond really think that the market won't adjust to account for his Stamp Duty giveaway?
Surely prices will just rise to take up the slack, homeowners (of FTBish places) will get slightly richer, FTBers will be pretty much unaffected and the taxpayer will foot the bill?
Surely prices will just rise to take up the slack, homeowners (of FTBish places) will get slightly richer, FTBers will be pretty much unaffected and the taxpayer will foot the bill?
That's what the OBR says.
.
Grenfell Tower
£28m for mental health services and local regeneration for Kensington and Chelsea council.
Really??
[url= https://www.theguardian.com/uk-news/2017/jun/19/kensington-chelsea-council-has-274m-in-reserves-grenfell-tower-budget-surplus ]To a council that had stockpiled £274m and offered rebates?? [/url]
🙄
First thing I thought too Teetoo, WTF does K&C need more money for. Just needs to share out what it's already got a bit more equitably.
nickhit3 - MemberCanning stamp duty is a nice incentive for first time buyers. I was one 12 months ago. Wish I could get those thousands back..
You wouldn't have benefitted unless you were lucky on timing, the market will "correct" in no time. It's a bribe for houseowners not a help for buyers.
Philip Hammond went to a comp
And he's the only one out of the bloody lot of them who's not acting like this whole thing isn't just jolly japes, and a whizzo wheeze!
Who's going to get to be head boy?
The whole budget has been viewed through the prism of this nonsense
And that includes the previous shower, still sniping from the sidelines, totally indifferent to the complete shitstorm they've left the rest of us in, while they pocket their millions
****s, the lot of 'em!!
Yep binners, that's just about right.
Tariffs are paid by the consumer.
@mike Not always. Switzerland has a broad free trade deal with the EU however for 50% of their exports despite being on items which qualify for zero tariff they coose to pay a small WTO traiff as its cheaper than completing the free trade paperwork. A perfect example pf where an exporter chooses to pay a tariff.
Also no one likes a tax dodge like Ireland or Luxembourg
From an SME business point of view the budget contains nothing to promote or support the SME. The cutting of the £5k dividend to £2k tax free benefit is a real backwards step as it reduces the potential benefit from risking your capital in starting an SME.
We need some radical thoughts on creating business and opportunity, this is a dull as dish water budget.
£8.42 a month better off come April - the full £17 for our household. Honesty though, we’re far from wealthy, but we can live just fine without the £17, I know some people are really struggling but I reckon that’s £245m a month lost to HMRC, nearly £3bn a year that could go to he NHS, a quarter of the Bus Promise, but a decent chunk.
Won't this just up the house prices like help to buy?
It would be quite silly if it did, I would assume FTB's are a small portion of all home buys?
Yep, it only benefits house owners selling, who now get an extra £5k sale price. The OBR report on the help to buy scheme found this is what happened with the last sop to FTBs. Good PR for your thick as mince Sun/Mail/Express readers, but no actual help to FTBs.
I wonder if there are conditions to prevent the FTB bullshit being abused the same way CGT gets swerved, nice butty if you can take advantage of one and swerve the other. Early retirements for property investors are always nice.
My daughter’s FTB flat was £180k in Brighton 3 years, up from there but still well under £300k. Any stamp duty saving is welcome and it will help other family members as the first 300k is excempt if you spend more as a FTB
dirtyrider - Member
Good to see minimum wage going up.
now £7.83 an hour,Band 1/2 NHS at the first pay point in band are now only 5p above minimum wage at £7.88
That is ****ing disgusting.....
Spent more time in NHS hospitals this summer than I did outside and was truly humbled seeing the work that everyone from the professors through to the cleaning staff put in...
Those people deserve more, imo.
Switzerland has a broad free trade deal with the EU however for 50% of their exports despite being on items which qualify for zero tariff they coose to pay a small WTO traiff as its cheaper than completing the free trade paperwork. A perfect example pf where an exporter chooses to pay a tariff.Also no one likes a tax dodge like Ireland or Luxembourg
The Swiss are a bunch of conniving ********s. The slimiest and dodgiest group of people ever.
How many FTB's can afford this nowadays? Surely the smallest giveaway ever.
We recently sold our house for £330k to first time buyers.
When does the new minimum wage take effect? I'm 3p/hr below that!
A lot of people saying prices will just go up by 5K, I would hope this isn't the case but even if it does, it will still help FTB'ers as that can be put on the mortgage but stamp duty needs to be paid in cash - on top of all the other fees and a deposit.
