Budget predictions ?

pgk

Member
Plenty of companies already pay next to zero tax on profits generated in this country.....so we may as well have something out of them rather than nothing.

Monaco don't seem to be doing too badly on it.


In fact, taking a list of tax havens...Andorra, the Bahamas, Belize, Bermuda, the British Virgin Islands, the Cayman Islands, the Channel Islands, the Cook Islands, The Island of Jersey, Hong Kong, The Isle of Man, Mauritius, Lichtenstein, Monaco, Panama, St. Kitts, and Nevis. They all sound rather inviting places - may as well add UK to that list.
In my experience of a large number of places you quote they are full of spivvy "professionals" making a fortune selling tax avoidance and evasion schemes and in reality are no more than money launderers dressed in posh suits working for the very wealthy of the world whose moral compass is focussed on "me me me".
 

itsalwaysme

Member
Location
Cheshire
your right , neighbour had inspection regard planning on his mothers old house , conservation bloke wouldnt let them renew front door as it was supposed ancient , chap looked embarrassed when neighbour told him he knocked it up in a woodwork class out of an old table when he was at school,some 40 odd years ago lol
Reminds me of us doing some work on an old Windmill, (long story don't ask :D) it was supervised by English Heritage (I think) with lots of rules and regs, there was a slightly more modern entrance area that needed some repairs to plasterwork, they specified lime plaster, it was unfortunate that the woman from English Heritage turned up the day we were repairing it with "Wickes one coat plaster" luckily it was a lime colour and she never spotted it :D (says a lot about "experts")
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
Hurrah .... Big Macs for under £2 and no limit on how many times you can take advantage of the Chancellor’s “Eat out to Help out” offer Monday to Wednesday

1594293260780.jpeg


Please remind me ... other than BAME what other type of person is more vulnerable to the virus?
 

andybk

Member
Livestock Farmer
Location
Mendips Somerset
Hurrah .... Big Macs for under £2 and no limit on how many times you can take advantage of the Chancellor’s “Eat out to Help out” offer Monday to Wednesday

View attachment 893234

Please remind me ... other than BAME what other type of person is more vulnerable to the virus?
they have always been under £2 (with fries) if you know how to get em! il tell you if you PM
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
I reckon a fair few people have quite a nice bit of cash saved up- no holidays, no takeaways, no pub, no gym, etc etc etc? Besides pornhub premium what is there to spend your money on?

Actually 25 percent of families have next to no savings.

I'm impressed how much whining there has been from industries that didn't get a cash handout. It's as if the theatres etc have learnt from farmers! Personally I'd rather live in a world without Andrew Lloyd Webber shows.
 

Steevo

Member
Location
Gloucestershire
Actually 25 percent of families have next to no savings.

I'm impressed how much whining there has been from industries that didn't get a cash handout. It's as if the theatres etc have learnt from farmers! Personally I'd rather live in a world without Andrew Lloyd Webber shows.

According to the stats 25% of people have less than £100 savings.



Sadly today though anyone who saves is seen as "lucky" rather than prudent - it's almost frowned upon to have savings. The above article headling being a prime example:
Quarter of UK households have less than £100, but the richest have £63k

Does it make you "rich" to have £63k?
It could be you've worked hard and saved and saved and saved for a decade or more rather than spending it down the pub, on clothes, or shelling out each month on an expensive PCP deal.
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
Actually 25 percent of families have next to no savings.

I'm impressed how much whining there has been from industries that didn't get a cash handout. It's as if the theatres etc have learnt from farmers! Personally I'd rather live in a world without Andrew Lloyd Webber shows.

Seeing as my self employed freelance daughter was made redundant overnight from her job as touring stage manager for the National Theatre and hasn’t had a penny since Feb , I for one hopes they pass some of their largesse on to these backstage and jobbing actors
 

pgk

Member
According to the stats 25% of people have less than £100 savings.



Sadly today though anyone who saves is seen as "lucky" rather than prudent - it's almost frowned upon to have savings. The above article headling being a prime example:
Quarter of UK households have less than £100, but the richest have £63k

Does it make you "rich" to have £63k?
It could be you've worked hard and saved and saved and saved for a decade or more rather than spending it down the pub, on clothes, or shelling out each month on an expensive PCP deal.
Large number of retired households out of the traditional final salary pension schemes will have banked their lump sum. For the future, defined benefit schemes more likely lump sum will be smaller and based on cashing in some of the capital for the tax free element. Not sure in future large swathes of the population will have similar ability to put sums away for a rainy day. Also if the attraction of paying for everything monthly continues it will never happen save homeowners downsize.
 

4course

Member
Location
north yorks
what I am having difficulty working out is if we can spend all these billions on rescuing the economy after or along side the last few months of this virus why didnt we spend / invest it before on ensuring we kept our manufacturing/ chemical etc industries instead of importing everything for the last 20 years cos I cant see where we are going to get the money to pay down these borrowings other than me and that if they took the lot wouldnt hardly pay the debt the gov have taken for me and mine
 

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