[Politics] Hammond's Budget

[Frutos]

No stamp duty for first time buyers up to £300,000

My partner and I are looking to buy next year, so very happy with that.

 

[Titanic]

**** me! The rabbit in the hat is an additional giveaway to the relatively well off. Brilliant.

80% of first time buyers ?

 

[Titanic]

"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]

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]

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

 

[Titanic]

Crikey Jezza has gone all shouty.

 

[Moshe Gariani]

That Hammond has just had the gall to actually publicise "£28m to address homelessness" tells me all I need to know.

JC agrees with me.

 

[Pavilionaire]

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]

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

 

[Deleted member 22389]

Stop shouting Corbyn.

 

[severnside gull]

Who actually voted for Bozza?

The same people who voted for Theresa May, her cabinet, and her DUP cronies.

 

[Moshe Gariani]

"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]

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.

 

[Deleted member 22389]

It was a good budget.

 

[timbha]

Crikey Jezza has gone all shouty.

Getting rather animated but not really saying anything. Plucking figure out of the air.

Good to have Bumble as deputy speaker

 

[pastafarian]

The same people who voted for Theresa May, her cabinet, and her DUP cronies.

Winners then

 

[Bozza]

You didn't ,that is fair- although you implied that others weren't able to form their own opinions without being spoonfed them.

I think there's a group, on both sides as it happens, who do that, yes.

 

[biddles911]

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!).




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[Dorset 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

 

[Berty23]

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?