• Welcome to the new B.I.R.D. Forum. Please be sure to read the "New Member / New Registered ? Please Read" thread in the Coffee Shop. This contains some important information. To become a full member ( £5.90 a year ) simply click on your user name near the top on the right I hope you enjoy the new site ................ Jaws ( John )

Truss... Oh dear !

Duck n Dive

Rebel without a clue ...
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As I recall Boris promised loads of new Hospitals, never happened

The "new" hospitals turned out to also include "newly refurbished" or extended.

Some might say they needed refurbished as they'd not been maintained!
 

derek kelly

The Deli lama
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Many hospitals were refurbed or rebuilt long before bj got in, problem is they were then owned by the builders & rented back to NHS at extortionate costs
 

andyBeaker

Moderator
Staff member
Moderator
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Just found out my rent will probably be going up £50 / month next year, tax cut definitely isn't going to help matters
Even if inflation wasn’t racing away it is inevitable that private rents will increase as legislation increasingly makes it more difficult for landlords. Increased costs will be passed on to tenants and there are no winners.
 

Oldandbald

Been there, and had one
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Even if inflation wasn’t racing away it is inevitable that private rents will increase as legislation increasingly makes it more difficult for landlords. Increased costs will be passed on to tenants and there are no winners.
Absolutely. I haven't increased any rents since covid struck to give my tenants as much help as I can despite me facing ever an increasing tax burden. Now I have to start spending some pretty serious money to meet the new EPC regulations. The alternative is to sell up and get out which, quite honestly, may well be the way to go. If all small landlords chose to go the same way then rental property will become almost impossible to find. You can't alter the basic concept of supply and demand so rents will become out of reach for all but high earners to meet each month. Which will leave a massive gap in the affordable home sector. And yet the press still slag of fat cat landlords.
 

Squag1

Can't remember....
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To quote a famous now dead Irish politician- "you did really believe an election promise"
 
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Squag1

Can't remember....
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Auctioneer said a few days ago that 60% of his properties for sale were landlords getting out of the business
 

Minkey

Ok it was me
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Even if inflation wasn’t racing away it is inevitable that private rents will increase as legislation increasingly makes it more difficult for landlords. Increased costs will be passed on to tenants and there are no winners.
Mine is a Housing Association property and every year my rent goes up in line with the CPI in September
 

Pow-Lo

Make civil the mind, make savage the body.
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I think you are missing the point those on low wages are the ones who need help to buy the basics like food and heating, so a tax cut that only really helps those who are on middle or higher wages is the wrong way to go, and the middle and higher earners wont be paying more tax they will be paying less
No, I'm not missing the point. Apart from the disgustingly wealthy who don't pay tax anyway, the current situation is going to affect the overwhelming majority of people. Regardless of how much they earn, sensible people tend to live within their means; small money = small house, big money = big house, and so forth. A 200% increase in energy bills affects people across the board.

Interesting you say that tax cuts only helps middle and high income earners. No, it helps everyone who pays tax. Clearly those who pay the most tax will be happiest with a cut. But let's go back to middle earners; as an example, say you have a married couple, one a teacher, the other a nurse, and they have a couple of kids. They most likely bringing home about £70k a year between them. Sounds a lot but after the mortgage (or rent), bills, food has been paid they probably aren't left with a huge amount. They'll struggle with the price hikes. Are we saying that they shouldn't benefit from a tax cut because they're middle income earners?

Unfortunately, there is no 'one-size-fits-all' magic fix for this shit show and it's going get much worse before it gets better. As I said above, a point which I think you missed, tax cuts are a start. I guess I should have made it clearer by saying tax cuts are only a start and more needs to be done. Tax cuts are also a good start and, to my simple mind, probably the cheapest way of starting the ball rolling. Cutting tax doesn't mean money flowing out of the Treasury, it just means less going in so there's no outlay.

As a final point, whilst it's all too easy to bash the government for not doing enough, don't forget what happened during covid. There are hundreds of businesses and (probably) millions of people that still have jobs thanks to the furlough scheme. Where did that money come from? Oh yes, that'll be the Treasury, where we pay our taxes into. Any help that this government provides to help those on lower incomes cope over the winter is going come from the public purse i.e. our friend the Treasury again. Once things return to normal, if they ever do, that money is going have to be paid back. How is that going to happen? Oh yes, that'll be raising taxes. Will you object that a 1 or 2% hike in income tax is unfair because it only hits those that pay the most tax the hardest? Somehow, I think not. You can't have it all ways.
 

Jaws

Corporal CockUp
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Interesting you say that tax cuts only helps middle and high income earners. No, it helps everyone who pays tax.
And there you have it !
Many ( certainly 95% ) of OAP's pay no tax because the income is WAY below the tax threshold
The threshold for a married couple is £12,570
At the moment we get way less than that
 
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Jaws

Corporal CockUp
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£12570 is the personal allowance.
So it is even worse than I said as actually the married allowance is £1260 more !!
As an example we get just a SMIDGE over £250 a week in total to live on.. pretty much what our energy bill per month is
Does not leave a lot :)
We are super careful and the family helps with a couple of meals a week ( mainly cos nowadays I have to do the cooking and they feel sorry for Woman !!! )
How a young family on zero contract minimum wage ( pays no tax ) will get on is a real worry

None of this is the govt fault but folk do not seem to comprehend that
It is global circumstances.. Mainly Putin being a total war mongering dick straight after the worst pandemic for 98 years
 

Pow-Lo

Make civil the mind, make savage the body.
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So it is even worse than I said as actually the married allowance is £1260 more !!
As an example we get just a SMIDGE over £250 a week in total to live on.. pretty much what our energy bill per month is
Does not leave a lot :)
We are super careful and the family helps with a couple of meals a week ( mainly cos nowadays I have to do the cooking and they feel sorry for Woman !!! )
How a young family on zero contract minimum wage ( pays no tax ) will get on is a real worry

None of this is the govt fault but folk do not seem to comprehend that
It is global circumstances.. Mainly Putin being a total war mongering dick straight after the worst pandemic for 98 years
Absolutely spot on. Whilst the government should be doing more, it's not their fault. I'm getting sick to tieback teeth of everyone, particularly where I live, blaming the Tories for everything. F'ing dickheads.
 

Minkey

Ok it was me
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No, I'm not missing the point. Apart from the disgustingly wealthy who don't pay tax anyway, the current situation is going to affect the overwhelming majority of people. Regardless of how much they earn, sensible people tend to live within their means; small money = small house, big money = big house, and so forth. A 200% increase in energy bills affects people across the board.

Interesting you say that tax cuts only helps middle and high income earners. No, it helps everyone who pays tax. Clearly those who pay the most tax will be happiest with a cut. But let's go back to middle earners; as an example, say you have a married couple, one a teacher, the other a nurse, and they have a couple of kids. They most likely bringing home about £70k a year between them. Sounds a lot but after the mortgage (or rent), bills, food has been paid they probably aren't left with a huge amount. They'll struggle with the price hikes. Are we saying that they shouldn't benefit from a tax cut because they're middle income earners?

Unfortunately, there is no 'one-size-fits-all' magic fix for this shit show and it's going get much worse before it gets better. As I said above, a point which I think you missed, tax cuts are a start. I guess I should have made it clearer by saying tax cuts are only a start and more needs to be done. Tax cuts are also a good start and, to my simple mind, probably the cheapest way of starting the ball rolling. Cutting tax doesn't mean money flowing out of the Treasury, it just means less going in so there's no outlay.

As a final point, whilst it's all too easy to bash the government for not doing enough, don't forget what happened during covid. There are hundreds of businesses and (probably) millions of people that still have jobs thanks to the furlough scheme. Where did that money come from? Oh yes, that'll be the Treasury, where we pay our taxes into. Any help that this government provides to help those on lower incomes cope over the winter is going come from the public purse i.e. our friend the Treasury again. Once things return to normal, if they ever do, that money is going have to be paid back. How is that going to happen? Oh yes, that'll be raising taxes. Will you object that a 1 or 2% hike in income tax is unfair because it only hits those that pay the most tax the hardest? Somehow, I think not. You can't have it all ways.
As I said the people who are in favour of a tax cut are those on middle to higher earners, people on the minimum wage don't pay much tax and wont benefit much from a tax cut, and will struggle more than those on higher income to make ends meet. to me an income of £70000 is a lot of money and I don't understand why anyone should think someone on £70000 would need more financial help than someone on £20000
 
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sr71caspar

B̶a̶n̶n̶e̶d̶
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£70,000 is a hell of a lot more than the joint income in my house.
I still have a mortgage and kids just starting high school, which I doubt retired people have hanging over them.
 

Pow-Lo

Make civil the mind, make savage the body.
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As I said the people who are in favour of a tax cut are those on middle to higher earners, people on the minimum wage don't pay much tax and wont benefit much from a tax cut, and will struggle more than those on higher income to make ends meet. to me an income of £70000 is a lot of money and I don't understand why anyone should think someone on £70000 would need more financial help than someone on £20000
As last time, my points have gone right over your head.

Once again, tax cuts are a start, that's all. Hopefully, more measures will follow once Truss has got her cloven hooves under the table. Whilst I say 'hopefully', they'll have to come or I would imagine we could be looking at some major civil unrest.

No one has said someone on £70k would need more help than someone on £20k. Why would you think that? Besides, it was just an example of two people on typical salaries for their profession that have been doing the job for a few years. Inexperienced professionals in the same jobs would be earning far less.

Again at risk of repeating myself yet again, most people live within their means and indeed live to their means. A 200% increase of energy bills is going to hit middle and some high earners equally hard as those on lower incomes; 200% increase in your outgoings is a 200% increase, regardless of what you earn. Why should someone be financially penalised for being able to afford to buy, say, a four bedroom house instead of one with two bedrooms? Personally, I'm sick of that mentality; I'm already penalised for buying a car with a list price above a certain price point by being forced to pay an extra £375 road tax a year for five years. Why? I paid the commensurate VAT on the car, so already feeding into the economy yet I'm punished again for daring to go a little further up the range. How is that fair?
 

Squag1

Can't remember....
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In my simple mind.........
People of low income and people of reasonable income living in same housing group.
Say the increase in running cost will be the same for both houses. The lower income people will be in trouble.

I see reports from charities of a substantial % rise in requests for aid. In that number are people who used to give to the charity before price hikes.
 
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