Phil_S
 Offline
Posts: 1534
Who changed my Avatar ?!
|
 |
« Reply #15 on: Thursday, April 23, 2009, 12:31:51 » |
|
No real surprises although the meanderings from the City folk that other countries may not see Britain being good for the Government’s massive debt’s is a bit of a concern.
The 150k - 50% rate is great news for us offshore jurisdictions off the back of a difficult few months. These are the just the folks that are being targeted and the Government’s increase only helps drive them over even quicker.
Where's that ? CI, IoM, Gib ? |
|
|
|
|
Logged
|
From the Dark Side
|
|
|
Colin Todd
Offline
Posts: 3318
|
|
« Reply #16 on: Thursday, April 23, 2009, 13:19:18 » |
|
The 50% on high earners is a headline grabbing red herring anyway. The government will make significantly more from putting 2p on petrol.
I cant help but think its all going to end in tears. I dont think anyone wanted to see savage cuts to public services, but labour seem intent on spending and borrowing more and more to try and get out of the hole they dug by........... spending and borrowing too much.
If there are no signs of economic growth by early 2010 at the latest, we are going to be fucked because (guess what?) Labour will have to borrow even more to fill the gap in revenues.
Even if they are right with their forecasts I'm not looking forward to the next few years from a personal finacial perspective. virtually everyone who works is going to get caned by taxation to pay for all this. good times ahead.
|
|
|
|
|
Logged
|
|
|
|
RobertT
Offline
Posts: 12323
|
|
« Reply #17 on: Thursday, April 23, 2009, 13:26:45 » |
|
The £2k car scheme is similar to ones used abroad in recent months and they helped Germany record it's best ever month of new car sales, so I guess it works.
|
|
|
|
|
Logged
|
|
|
|
Colin Todd
Offline
Posts: 3318
|
|
« Reply #18 on: Thursday, April 23, 2009, 13:40:42 » |
|
The £2k car scheme is similar to ones used abroad in recent months and they helped Germany record it's best ever month of new car sales, so I guess it works.
Thats fair its a decent idea in principle, except the Gearman one offers €2.5k from the govermnet, i.e. around twice as much |
|
|
|
|
Logged
|
|
|
|
|
flammableBen
|
|
« Reply #19 on: Thursday, April 23, 2009, 13:42:21 » |
|
Am I missing something? 2.5k Euros is about £2.2k. That's nowhere near twice as much.
|
|
|
|
|
Logged
|
|
|
|
Samdy Gray
Dirty sneaky traitor weasel
Offline
Posts: 27180
|
|
« Reply #20 on: Thursday, April 23, 2009, 13:43:10 » |
|
But ours is funded 50/50 between the motor industry (i.e. the dealer) and the government.
|
|
|
|
|
Logged
|
|
|
|
Colin Todd
Offline
Posts: 3318
|
|
« Reply #21 on: Thursday, April 23, 2009, 13:45:08 » |
|
But ours is funded 50/50 between the motor industry (i.e. the dealer) and the government.
Exactly. And you know there will be some dodgy sums being done to make sure the dealer isnt actually matching the goverments discount |
|
|
|
|
Logged
|
|
|
|
RobertT
Offline
Posts: 12323
|
|
« Reply #22 on: Thursday, April 23, 2009, 13:45:15 » |
|
which based on reports so far suggests they will do, in fact the man from Nissan I think it was, suggested they'd add the £1k from the government onto a marketing scheme they were already doing that offered around £2k. They are desperate for sales, not profit, they need cash and to free up dead stock.
|
|
|
|
|
Logged
|
|
|
|
ghanimah
Offline
Posts: 3639
|
|
« Reply #23 on: Thursday, April 23, 2009, 17:07:14 » |
|
The 50% on high earners is a headline grabbing red herring anyway.
Agreed, it's a poltical gesture nothing more....but...wait... is that the sound of screeching tyres I can hear? http://business.timesonline.co.uk/tol/business/economics/article6155378.ece |
|
|
|
|
Logged
|
"We perform the duties of freemen; we must have the privileges of freemen ..."
|
|
|
Dazzza
Offline
Posts: 8265
|
|
« Reply #24 on: Thursday, April 23, 2009, 17:42:48 » |
|
Where's that ? CI, IoM, Gib ?
IoM |
|
|
|
|
Logged
|
|
|
|
|
Doore
|
|
« Reply #25 on: Thursday, April 23, 2009, 23:02:27 » |
|
On the scrappage scheme - my car (a 306) is just over ten years old - I've been looking into buying a car for a while. I need to look in to the details, but this could actually help me. Say I went for a Panda, going for list price at about 7K. With the deposit I have got together I couldn't afford to pay the loan to cover the rest of it. Knock 2K off and I probably can.
I'm not saying this may work for a lot of people, but have to say it's got me thinking.
My lady bought a brand new Micra a few months back for 6.5K as well - but it's a ridiculous looking thing.
|
|
|
|
|
Logged
|
|
|
|
Colin Todd
Offline
Posts: 3318
|
|
« Reply #26 on: Friday, April 24, 2009, 08:20:32 » |
|
On the scrappage scheme - my car (a 306) is just over ten years old - I've been looking into buying a car for a while. I need to look in to the details, but this could actually help me. Say I went for a Panda, going for list price at about 7K. With the deposit I have got together I couldn't afford to pay the loan to cover the rest of it. Knock 2K off and I probably can.
I'm not saying this may work for a lot of people, but have to say it's got me thinking.
My lady bought a brand new Micra a few months back for 6.5K as well - but it's a ridiculous looking thing.
Dont expect a car to be £2k cheaper next month than it was last month, £1k maybe. but fuck it if tou were going to do it anyway then a grand off is a grand off |
|
|
|
|
Logged
|
|
|
|
Colin Todd
Offline
Posts: 3318
|
|
« Reply #27 on: Friday, April 24, 2009, 08:22:31 » |
|
Mandy says: We are not a high tax party.  |
|
|
|
|
Logged
|
|
|
|
Ardiles
Offline
Posts: 11588
Stirlingshire Reds
|
|
« Reply #28 on: Friday, April 24, 2009, 08:37:06 » |
|
Most probably, it's going to be the Tories who are tasked with raising taxes in 2010...so maybe he has a point. Darling's budget was all gesture politics.
The 50% tax band is a gimmick affecting those with annual incomes in excess of £150k. Whoever is in power next summer will have to raise taxes and slash public spending. That definitely won't be a gimmick, and it will affect everyone. I can see the 20% tax band becoming a 24% band or 25% band quite quickly.
|
|
|
|
|
Logged
|
|
|
|
Phil_S
Offline
Posts: 1534
Who changed my Avatar ?!
|
|
« Reply #29 on: Friday, April 24, 2009, 11:29:15 » |
|
IoM
It's just that my Aunt works for an offshore bank in Guernsey |
|
|
|
|
Logged
|
From the Dark Side
|
|
|
|
