Wine going up!!!!

[Gwenick]

OMG - amongst the good things (stamp duty increased, inhertiance tax threshold increased, cigarettes tax increased - not 'good' for me persay but might make me quit sooner).

4p a bottle more tax on wine - how will I cope

link with key points

stamp duty increased ???? SHIT ! What to ?

they've double the amount to start at £120,000

sorry meant increased the threshold not increased stamp duty

That's reasonable, afterall you can't buy anything for £60k anymore.

that's a lot!! looks like we'll have to drink cider, sparkling wine and spirits

From next month, there will be £2,000 return to work bonuses available to single parents

Its not increased. The threshold has been increased from 60k to 120k. Should help first time buyers.

oops to late!!

fimbo - see my 1.25 post - was in too much of a rush to be first to post on it

Hmmm - £2000 eh? I might have to give up work, just so that I can go back again and get £2000! (Don't suppose it works like that though!)

and of course the £2000 starting next month isn't trying to win votes or anything

NomDePlume - No it's not reasonable, you can't buy anything for £120K anymore either!!

"Child benefit to rise to a maximum of £63 for the first child and £111 for two children"

a week? (joke)

How much is it now?

You can here, Mrs D Nothing big but quite a few little ones.

janh, I was confused about the child benefit figures too.
1st child currently gets £16.50/week, going up to £17.00/week in April (have just had a letter)
haven't got another child, so don't know about other children CB

is that child benefit figure right?I get 16.50 now so seems a huge leap

They haven't moved the 3% stamp duty threshold up from £250,000 though have they. Whilst I have every sympathy with first time buyers, house prices have rocketed for everyone.

Many families are having to take on massive mortgages and pay over £250,000 for their second home if they want it to be big enough for a family of two kids and near decent schools. (That's in the South East) We're not talking mansions.

And the inheritance tax threshold is being increased by a snippet. It won't make a difference to many people at all. I wish they wouldn't bother rather than giving us these token gestures.

Agree with you beatie - you make good points very relevant to our own situation on both the stamp duty and inheritance front

awful about the wine though. We'll just have to drink meths instead Gwenick!

Oh, the wine is most definately the worst bit of news!

They should move the 3% S.D. threshold up, I agree. Of course that has nothing to do with the fact that the 3% SD is capping the value/saleability of my house at the mo, a house which we hope to be putting on the market on 12 weeks time....

so does the child benefit rise cancel out the wine rise I wonder???

that's a good point ali - might just equal things out

do u really get 2 grand for going back to work