Gavros 3:21 Wed Dec 3
the Autumn statement
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Nice one Gideon. Much more graduated stamp duty rules and closing the multinational corporate tax loophole.
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Replies - In Chronological Order ( Show Newest Messages First)
Joe C
3:25 Wed Dec 3
Re: the Autumn statement
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While the stamp duty changes are welcome, they don't help anyone that was looking at buying on the borders of the old boundries - you still pay 2.5k for a 250k place, 15K for a 500k one etc
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Gavros
3:31 Wed Dec 3
Re: the Autumn statement
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not true joe, theyve also changed it so you only pay the marginal amount.
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Joe C
3:33 Wed Dec 3
Re: the Autumn statement
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I don't see how it has changed in the instances I'm talking about. Take a 250k property, under the old rate you paid 1% of the whole value - so 2.5k. Under the new band, you pay nothing on the first 125k, but 2% on the bit up to 250k - so still 2.5k.
What am I missing?
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CamHam
3:35 Wed Dec 3
Re: the Autumn statement
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I've saved £5K today! Exchanged but not completed.
I'll enjoy it while it lasts, in case Labour get in next year and start taking all my money, the thieving bastards.
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thegodson
3:35 Wed Dec 3
Re: the Autumn statement
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it only benefits 98% of people...
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SurfaceAgentX2Zero
3:38 Wed Dec 3
Re: the Autumn statement
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It's aimed at the AVERAGE property, which is at something like 275,000.
Before you paid 6,875, now you will pay 3750
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thegodson
3:40 Wed Dec 3
Re: the Autumn statement
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Turan will be furious
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DukeofDevo
3:50 Wed Dec 3
Re: the Autumn statement
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Ed BBBBBalls did well though, what a joke the Labour Party are no wonder Gordon's standing down he must be too embarrassed to be associated with his fledglings!
Anybody who votes for that lot must have given up on any aspiration!
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SurfaceAgentX2Zero
3:54 Wed Dec 3
Re: the Autumn statement
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Maso-sadism, wasn't it? Twice. Cock.
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bobbymoore
3:57 Wed Dec 3
Re: the Autumn statement
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I'm looking to buy next year.... going to save over £4,000 - £5,000
That's my Torie vote
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SecondOpinion
4:01 Wed Dec 3
Re: the Autumn statement
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How much stamp duty will I pay on a £300,000 house?
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Joe C
4:04 Wed Dec 3
Re: the Autumn statement
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5k
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SecondOpinion
4:07 Wed Dec 3
Re: the Autumn statement
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Thanks. What would it have been before today?
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onsideman
4:08 Wed Dec 3
Re: the Autumn statement
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as Joe says...
as opposed to £9k previously
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bobbymoore
4:09 Wed Dec 3
Re: the Autumn statement
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It would have still been a Tory vote, but I wouldn't have gone out and actually voted as my MP (Lt Col Mark Lancaster) has a vast majority anyway.
I will now get off my arse and actually vote just to make sure he stays in.
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bobbymoore
4:10 Wed Dec 3
Re: the Autumn statement
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SecondOpinion 4:07 Wed Dec 3
ha, thought you was talking to me
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SecondOpinion
4:11 Wed Dec 3
Re: the Autumn statement
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Thanks Joe. C and Oneside.
Bobbymoore. I'll talk to you anytime!
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Gavros
4:12 Wed Dec 3
Re: the Autumn statement
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Good chart here shows the effective tax rate per house price. Note that only on properties over £1 mil are you going to be worse off under these rules. I cant see any way for anyone on the left to criticise this, but then Im not a lefty mong.
http://www.telegraph.co.uk/finance/autumn-statement/11268807/Autumn-Statement-Stamp-duty-how-will-it-affect-me.html
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Dapablo
4:17 Wed Dec 3
Re: the Autumn statement
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Natalie Bennett - "Osborne’s suggestion that 'disastrous decisions on spending and borrowing and welfare that got us into this mess' are demonstrably false. What got us into 'this mess' is the fraud, errors and mismanagement of the financial sector. Urgent action is needed is to tackle the still out-of-control sector, the still too-big-to-fail banks and their hulking dominance of our imbalanced economy.
"What the coalition government needs to do is stop making the poor, the disadvantaged and the young pay for those bankers' errors, and rebalance the economy so that it starts to provide jobs that workers can build a life on, while paying decent benefits to everyone who needs them.”
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Gavros
4:18 Wed Dec 3
Re: the Autumn statement
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i wondered how long it would take for someone to shout BANKERS. now i know.
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