Nicktendo86
Member
Doesn't resemble any Euro coins I have...?
I mean the two tone colour, like the £2 coins.
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UK PoliGAF thread of tell me about the rabbits again, Dave.
- Thread starter Chinner
- Start date
I mean the two tone colour, like the £2 coins.
Nicktendo86
Member
So Labour have posted 24 tax rises under the coalition today which I suppose it trying to show they have taken money out of people's pockets, not really sure what they are trying to achieve actually but one thing missing is the bedroom subsidy. Finally admitting that the bedroom 'tax' wasn't actually a tax after all?
anonymous_abc
Member
zomgbbqftw
Banned
Oh my, intracompany transfer pricing clampdown on the cards. The likes of Google and Amazon should be worried.
Nicktendo86
Member
Bombs dropped
Edit: well not bombs, little firecrackers. Tories been begging for £40k personal allowance increase.
Edit: well not bombs, little firecrackers. Tories been begging for £40k personal allowance increase.
Nicktendo86
Member
BBC live updates are terribad, lots of tidbits left out.
Well they are catching up now, let them off. Really was a budget for savers, and I will take 1p off a pint of beer. Better than it going the other way anyway!
Well they are catching up now, let them off. Really was a budget for savers, and I will take 1p off a pint of beer. Better than it going the other way anyway!
Nicktendo86
Member
The pensions changes sound really interesting, need to have more detail.
Is the 24 tax rises really Labour's retort to this budget?
Is the 24 tax rises really Labour's retort to this budget?
Nicktendo86
Member
Milliband has not responded to anything evenly remotely to do with the budget yet.
zomgbbqftw
Banned
No, this is one of the small details that will become very important over the next few years.
The rabbit was £15,000 ISAs.
The problem is there is now less slack in the economy than there was before, this almost certainly brings forward a hike in interest rates and that means trouble for the housing bubble the tories have built. So austerity has to continue. There is no wiggle room.
Also he has fudged about with the wage versus inflation amount...again. The problem is people aren't feeling better off. The economy maybe growing but it's not benefiting everyone, it's only helping a few or at least it feels like that to the everyday working person.
Also he has fudged about with the wage versus inflation amount...again. The problem is people aren't feeling better off. The economy maybe growing but it's not benefiting everyone, it's only helping a few or at least it feels like that to the everyday working person.
Nicktendo86
Member
So what about the left's call of a massive house building drive?
I don't buy that either. The government can't force companies to pay people more, they have upped the personal allowance now to £10500, raised the minimum wage, frozen council tax, frozen fuel duty. Practical measures to put money in peoples pockets. I feel better off and have had below inflation rises for 4 years, if people actually look at the figures I think most people would find something similar.
I don't buy that either. The government can't force companies to pay people more, they have upped the personal allowance now to £10500, raised the minimum wage, frozen council tax, frozen fuel duty. Practical measures to put money in peoples pockets. I feel better off and have had below inflation rises for 4 years, if people actually look at the figures I think most people would find something similar.
zomgbbqftw
Banned
^ There is an answer to that, but I really believe the most important measure in the budget has gone (mostly) unnoticed. This is the full line on transfer prices:
"action to block arrangements involving payments within a group which transfer profits to avoid tax"
As I understand it, that equates to HMRC being given new powers and new enforceable laws to deal with transfer pricing.
This is a really huge change and probably the biggest clampdown on corporate tax avoidance in a generation. Tax compliance offices at Google and Starbucks are going to be burning a lot of midnight oil over the next few weeks as the details are published...
May even be thread worthy as it challenges a lot of the current norms of corporate taxation (tax them too much and they go away) so it will be an interesting experiment if the government are serious (and I have it on very good authority that they are).
"action to block arrangements involving payments within a group which transfer profits to avoid tax"
As I understand it, that equates to HMRC being given new powers and new enforceable laws to deal with transfer pricing.
This is a really huge change and probably the biggest clampdown on corporate tax avoidance in a generation. Tax compliance offices at Google and Starbucks are going to be burning a lot of midnight oil over the next few weeks as the details are published...
May even be thread worthy as it challenges a lot of the current norms of corporate taxation (tax them too much and they go away) so it will be an interesting experiment if the government are serious (and I have it on very good authority that they are).
WayneMorse
Banned
Miliband did pretty good today actually, nowhere near as bad as Balls' response to the autumn statement. Don't really expect there to be any changes in terms of polling after today.
At least Gideon was able to deliver a budget that doesn't make him look like an incompetent idiot.
At least Gideon was able to deliver a budget that doesn't make him look like an incompetent idiot.
zomgbbqftw
Banned
http://www.neogaf.com/forum/showthread.php?t=787397
Made a thread.
^
Didn't watch Miliband's response, but read it was poor. Considering that Osborne just took an axe to the annuities industry any charge that he is looking after his Tory mates is ridiculous.
Made a thread.
^
Didn't watch Miliband's response, but read it was poor. Considering that Osborne just took an axe to the annuities industry any charge that he is looking after his Tory mates is ridiculous.
WayneMorse
Banned
Hahaha plebs, enjoy your meager bread and circuses!
Hahaha plebs, enjoy your meager bread and circuses!
Having scripted the UK government for the last few years, one of the writers of the Thick Of It mentions...
Simon Blackwell said:
anonymous_abc
Member
Hahaha plebs, enjoy your meager bread and circuses!
oh my that is pathetic, it's not real is it? Is it! -.-
Pie and Beans
Look for me on the local news, I'll be the guy arrested for trying to burn down a Nintendo exec's house.
Hahaha plebs, enjoy your meager bread and circuses!
https://www.youtube.com/watch?v=-FnmnuDiVno
"The type of scum that like the game" is pretty bang on again. Iannucci just pegged politics 100% perfectly to the extent politics now follows his lead and what depths to plumb next.
Nicktendo86
Member
I'm a bit surprised that the media have not highlighted this at all, they were all over the tax avoidance stories and Labour used it as a stick to beat the Tories with. Now it LOOKS like they are closing loopholes with some pretty aggressive legislation I would have thought would be big news.
And yes, Milliband was poor. In large part to the government lot letting him have a look at the budget before hand, but his list of one liners is so predictable you KNOW what he will say now before he says it.
WayneMorse
Banned
zomgbbqftw
Banned
Indeed. Prole newspaper sticks up for prole policies. Shock horror.
Still, probably best for Labour to drop it. The whole pastygate thing worked because it was a tax rise that was seen to punish ordinary people. Labour are trumpeting two very popular tax cuts and giving them significantly more publicity that they would otherwise get. The language used is not going to get beyond the chattering classes, most of whom (like Shapps) have probably not set foot in a bingo hall. What will get through is that the coalition are cutting taxes on stuff ordinary people enjoy. If that is achieved then it's job done, if Labour help them do it then it's doubleplusgood.
Nicktendo86
Member
Personally I find it FAR more patronising that Labour don't think people can be trusted to be responsible and spend their own money in retirement. Actually I fund it pretty fucking laughable.
It's not just labour, the pension companies are obviously not fond of it! I could be wrong but I thought this kind of thing was quite common in Europe already?
If people have been sensible enough to have a ddecent private pension, odds are that they're going to be sensible enough not to spend it all. If the occasional hookers and blow pensioner story comes out, who gives a fuck?
zomgbbqftw
Banned
Bookies and annuities specialists got hit yesterday:
Legal & General, Ladbrokes and William Hill. Some ultra-specialist companies like Partnership Assurance are down 60% because their business model was predicated on ripping off pensioners.
The IFS says annuities will become more expensive because there will be fewer companies providing them, but I think they are wrong. The newly open market will force the remaining annuities companies to pay a better return. How can a £450k pension pot pay just £13.5k per year, it's not right that people who have been prudent and put money aside are getting worse returns than a decently managed fund which would yield more than 3% per year in dividend income leaving the capital safe in blue chips allowing it to be passed down to their kids rather than in the hands of an insurance company.
Nicktendo86
Member
Exactly, and to say oh people will just spunk it all away is ridiculous.
All in all I think it was a good budget, really telling that the opposition didn't have anything to say about. Ed's response sounded like it belonged more to the 2012 budget!
All in all I think it was a good budget, really telling that the opposition didn't have anything to say about. Ed's response sounded like it belonged more to the 2012 budget!
WayneMorse
Banned
http://ukpollingreport.co.uk/blog/archives/8680
First polling shows that the budget has had no impact on Labour's lead.
First polling shows that the budget has had no impact on Labour's lead.
fizzelopeguss
Banned
Hahaha plebs, enjoy your meager bread and circuses!
This country makes me sick.
WayneMorse
Banned
http://www.theguardian.com/uk-news/...oves-beer-bingo-like-other-hardworking-people
Don't worry Shapps assures you he like bingo and beer as much as everyone else does.
Nicktendo86
Member
Not suprised, reporting of it has been terrible.
Edit: oh that was a snap poll tight after, it says results should be jusdged on polls done in the following days.
Judgement on the budget is interesting, most people approve. It was a good budget, Labour's complete lack of anything to say about it is testament to that.
And I can't get over the obsession with that bingo tweet. It was a bit silly but was not intended to offend, get over it. Especially when they ignore the actual measures in the budget. I have still seen barely ANY reporting on the tax avoidance measures, but it was all over the news when Jimmy Carr dodged tax and Starbucks were in trouble.
Jezbollah
Member
On the contrary, Sky News just reported two polls to be published tomorrow.
The Mail on Sunday has Labour at 35%, Conservatives at 34%, UKIP at 15% and Lib Dems at 9%
The Sunday Times have the Conservatives and Labour equal, but no Sky didn't show their figures.
EDIT - and indeed, the MoS poll is now up at UKPR http://ukpollingreport.co.uk/blog/archives/8681
Nicktendo86
Member
My god milliband's response to the budget was so bad, his point out of Gove saying he's hiding he's hiding was embarrassing. If he is ever PM we will be a joke.
I think you missed something here, with the Tory cunts in charge we are already a joke.
Nicktendo86
Member
Yeah faster growth and deficit reduction than any western nation, what a joke we are. Did you watch Milliband's response? Seriously was embarrassing. Completely lost the economic depate so resorting to the same tired insults. He just has nothing of any relevance to say, and as a Labour lweder during the biggest spending cuts in a generation I find that shocking.
WayneMorse
Banned
Is "the economy's booming" the new "we're becoming the next Greece?"
Also, this "recovery" is built on nothing more than a London housing bubble and consumer spending in the south.
OminoMichelin
Member
Someone on my fb posted this: http://www.telegraph.co.uk/news/rel...c-law-is-adopted-by-British-legal-chiefs.html
The article is not entirely clear on the situation, can someone help me understand exactly what this means?
The article is not entirely clear on the situation, can someone help me understand exactly what this means?
It's just the papers trying to whip up outrage.
All that has happened is the Law Society has just produced guidelines for drawing up WIlls that comply with Sharia Law. At present, you can basically put whatever the hell you like in your Will, so i'm sure Wills compliant with Sharia law have been in existence for years, it's just that there are now guidelines to help solicitors when drafting (just as there are guidelines for thousands of other things). It's not the scandal that some of the papers are trying to make out.
Yes, some of the provisions of Sharia law relating to inheritance are awful, particularly relating to women, but the basic principle is that you can give what you want, to whomever you want in your WIll.
WayneMorse
Banned
More sensationalist bullshit from the Torygraph trying to stir up anti-Muslim bigotry in order to distract people from the real problems of the UK.
OminoMichelin
Member
Thanks for the explanation folks
Wow, that article does a really good job of implying the new guidelines somehow allow solicitors to break the law and do something like take away what rightfully belongs to the wife/widow.
I'm sure there have been thousands of people throughout English history who have done dickish things in their will such as deny all inheritance to only one son or not give anything to a daughter who married a guy they didn't like.
I'm sure there have been thousands of people throughout English history who have done dickish things in their will such as deny all inheritance to only one son or not give anything to a daughter who married a guy they didn't like.
WayneMorse
Banned
http://www.theguardian.com/money/2014/mar/23/labour-george-osborne-pension
Rachel "Tougher than the Tories" Reeves and Ed Balls are the two biggest threats to a Labour victory in 2015.
Rachel "Tougher than the Tories" Reeves and Ed Balls are the two biggest threats to a Labour victory in 2015.