Dracoro

Well he would be lying as there are more taxi's. At least round here

Luminous

iTrader: (3)

I did some tax a while ago, don't remember that much of it, thank God

IIRC, you can only offset loses of a similar type. So your CGT loss cannot be offset against your income tax. You would be able to offset it against other capital gains that you have realised in that financial year.

They really do want to charge CGT on your residence, they looked into it already. The problem they are faced with is a way of taking the money without bankrupting people. Many people HAVE to move, simply due to employment. If paying the tax means that they cannot afford accomodation where they are moving too, it may end up costing the goverment more in the end.

You can bet there is a tax charge coming soon. It is just a question of where. Personally I can see fuel duty, vehicle excise duty (tax disc) going up. They may also start to apply the fuel rate of VAT onto your insurance premium as opposed to the current (IIRC) 5% rate. There will be many other small changes like that to get extra revenue.

Unless of course he just changes his mind and puts up NI......

Vegescoob

How about VAT on processed food. Not fresh, the rationale/excuse being that this is to encourage healthy eating.
Of course many would carry on buying thus ensuring a steady tax income.

kingofturds

iTrader: (1)

vat on the air that we breath should rake in a few quid for bliar and his cronies

Luminous

iTrader: (3)

Nice, did not think of that one. I think it would really upset pensioners. They tend not to be able to shop that regularly when they get old, hence have to have quite a bit of tinned stuff. But hey, do they care about them??

Vegescoob

Careful, processed these days also means cookchill dishes and frozen prepared dishes.
That's why the tax take would be good.
Vat on food in France.
So apples, flour, sugar, butter no VAT.
Frozen apple pie VAT.

Luminous

iTrader: (3)

I wonder if they will increase benefit payments to compensate ??!! Something tells me they will, no doubt *sigh*

jods

If the Joker gets back in I think it'll be a forced "Contribution" from whatever source of income you have into a "Pension Adjustment Fund" which will be centrally administered. IE Wasted. Again.

Diesel

I heard they are going to clobber pensioners even harder with the 'grown up child tax'. This will rake in extra money to help pay for people with costly non grown up children. Well...what else do pensionersneed to spend on other than HUUUUGE council tax and themselves - selfish burgers!

Leslie

I think they will make a killing on road pricing for a start. Any way to zap the motorist is fair game.

Les

Jap2Scrap

Do you reckon they'll slash tax on Saxos then?

I might just have bought the right car

Luminous

iTrader: (3)

No, no and no. Don't care what the topic is, they will not be slashing taxes

Scoobydick

He really is introducing a slashing tax - rate expected to be 2p on the pee

Brendan Hughes

I'd have thought if he introduces the euro that would make it one pee on the pound?



...taxi!

jods

Hmmm

How about 1p in the pound to pay for the police to drive from Heathrow to London and Back for the benefit of a prvate citizen. (At our cost of course)

PSLEWIS - Care to comment on this leaching ???