Budget 2012 explained: Live webchat with Mark Dampier, Head of Research at Hargreaves Lansdown, Wednesday 21 March 12.30-2pm

[AntoniaMumsnet]

It's Budget day on Wednesday. What will happen to the 50p tax rate? Will we see a mansion tax? What about child benefit?

It could be a red letter day for your family finances. We are delighted to welcome Mark Dampier to Mumsnet for a live budget webchat. Mark is head of research at Hargreaves Lansdown, the independent financial adviser, and an all-round financial guru. He will be translating the Chancellor's statements as he makes them, and finding time to answer your comments.

Mark will be busy keeping an eye on Osborne, so please don't post questions about your own family finances here (we've got plans for a special Q&A about this later, see below). Do join us here at 12.30, when the fun begins.

Coming up: We've set up a Q&A with a panel of experts to take questions on your family finances after the Chancellor sits down.

Next week, Mumsnet favourite Alvin Hall will be in on Thursday 29 March for a live webchat on savings and investments.

It's all about the Money at Mumsnet HQ.....

flat rate pension of £140

DID HE JUST CUT CORPORATION TAX????

no change in alcohol duty

Ooh this is a good thread as I just had to turn over the budget for CBeebies. Humph.

@QueenOfAllBiscuitsandMuffins

DID HE JUST CUT CORPORATION TAX????

He did, QueenofALBiscuitsandMuffins. by 1% immediately and down to 22% by 2014, with some indication he wants it to fall further....

@QueenOfAllBiscuitsandMuffins

DID HE JUST CUT CORPORATION TAX????

yes

There's a result for mums - no change to the tax.

Have they mentioned fuel tax yet?? And why they gov take such a huge chunk of it??

I can't believe he's cutting corporation tax!

Ha at trying to emulate the private sector involvement in the water industry. Not so much the private sector involvement in the railways?

fuel duty changes, but seemingly no plan to scrap rise in August

How are small shops going to implement higher tobacco taxes by 6pm?

The vice taxes...
37p a pack on cigarettes from 6pm tonight
0p on alcohol.

What was thE plan for fuel duty?

come on just need child benefits

X-post mark. That's rubbish!

tax evasion points coming up

Not looking forward to child benefit

LOL at bank levy to ensure banks don't benefit from cut in corp tax.

stamp duty avoidance, increasing tax on corporates doing this

• "Agressive tax avoidance is morally repugnant" says Osborne; more staff allocated to tackle tack avoidance and evasion
• Confirmation of crack down on evasion of stamp duty. Increasing stamp duty on property over £2million bought by corporates to 15 per cent. Capital Gains tax on properties held by overseas companies.

new stamp duty on property worth £2m of 7%

Ok.

So I'm turning on the T.V.

I don't understand the difference between the 15% stamp duty thing and 7% duty thing for properties over £2m, but I don't think it's something that I will ever encounter anyway. *goes to check lottery numbers.

capping tax reliefs but dont as yet understand it?