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Guest eFestivals

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Gre Newbie

Gre

Posted
Posted

While I'd guess the numbers are relatively small for people exploiting CGT, I'd also guess that your clients aren't average clients. I know a fair few people who lessen the tax they pay using CGT, and most probably don't hit the £100k level.

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Uncle Liam Newbie

Uncle Liam

Posted
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Has anyone mentioned defence spending so far?

This is where people need to grasp reality and where the axe should fall the quickest and the hardest.

The UK maintains a standing army of 142000 troops with 33000 in reserve, This is compared to France with 123000 and Germany with 91000. The UK has approximately 10000 troops in Afghanistan in a war that cannot be won by conventional means. The UK has so many troops that we cant actually fit them all on UK territory, which is one of the reasons we still maintain a military presence in Germany. We still have troops stationed in warzones such as Brunei and Cyprus (where there is no chance of military conflict due to Turkeys EU aspirations). The UK's security is guranteed by European collective security, its and the US nuclear deterrent.

Also, contemporary security threats are faceless, threats you cannot defeat via conventional military means, as we have seen time and time again in the last twenty years.

The UK is not a global power any more and it wont be again. The UK has an oversized and out of date military. The government should get real and make serious cuts here, Trident should go, troop numbers heavily reduced to being us more in line with our European partners.

And another thing that needs to be looked at is army pensions. My mate gets a pension of £400 per month. He was never involved in combat operations and spent the best part of a year sunning himself and clubbing in Cyprus. Something wrong there.

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5co77ie Enthusiast

5co77ie

Posted
Posted (edited)

The Department of Energy and Climate Change are rather concerned the cancelling of the Severn tidal energy scheme is the tip of the iceberg.

The "greenest government ever" are rumoured in the Department of Energy and Climate Change (DECC) to cut staff by between 25 and 40 per cent, tomorrow and declare that renewable energy is no longer deemed a priority, speculation mounts the department will have to protect spending on nuclear decommissioning and power stations leaving little funding left for green projects. With the long-held perception that the Treasury scepticism of the low carbon agenda possibly forcing the DECC to office share.

Looks like the coalition cuts will be dominated by the old Thatcherite ideologues, and will use the deficit as the perfect excuse to engineer an irreversible retreat of the state.

Key investment programmes and services are expected to also be slashed by nearer 40 than 20% by a government that regards neo-liberal economics as a quasi-religion and will gamble on the private and charity sectors to effectively replace the state in four years.

Economists fear the Public Sector's strikes in response to cuts as they attempt to show the country what it will be like without these services could take the country back into recession.

Reductions are expected to be concentrated in areas of public spending such as the police, prisons and social housing.

Despite being questioned over the last 48 hours, Mr Osborne declined opportunities to deny that police numbers could fall by thousands and Child Benefit be withdrawn from 16 to 19-year-olds.

Reports suggested that the Ministry of Justice could lose one-third of its £9 billion budget, forcing Justice Secretary Kenneth Clarke to close prisons and slash more than £2 billion from legal aid.

http://www.businessgreen.com/business-green/comment/2271728/judgement-day-looms-coalition

Edited by 5co77ie
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RABun Newbie

RABun

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Its so depressing

Child Benefit cuts for 17 - 19 year olds probably because children are so much cheaper to look after when they are 16 and older?

50% social housing budget cut

Removing the right to live in your council house for life moving people on when their circumstances improve. Does this include help with finding deposits etc? I doubt it.

It seems to me that most of the cuts are designed to make poor people's lives harder.

And on top of that

Under the new scheme every welfare offence - no matter how minor - would mean an immediate fine of £50.

The government is promising to share more data with credit reference agencies to find patterns of offending.

It is also recruiting 200 new inspectors, creating a mobile task force to go into areas with high rates of fraud and check every claim individually.

The strategy, to be unveiled on Monday, will use hi-tech data tracking techniques between government offices and credit reference agencies.

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eFestivals Mentor

eFestivals

Posted
Posted

So employing 200 people at a wage bill alone cost of £5m estimated plus administration costs etc. To try and prevent £900m worth of fraud, which it will not do,

So have announced that they're employing 10,000 new tax inspectors, so that they're chasing down the estimated £50Bn worth of tax fraud that there is each year to the same extent?

Not a bleeding chance. But we're all in this together. :lol::lol:

==================

llcoolphil - do you still say nothing about these cuts is ideologically driven? :lol:

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eFestivals Mentor

eFestivals

Posted
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If I don't make the mortgage payments, by and large, that is what will happen...

Life is hard...

Yet you're saying that something entirely different should apply for council-owned homes. :rolleyes:

People would be paying their rent, but get kicked out anyway.

Would you think it fair if you were paying your mortgage properly, but the mortgage company took posession of 'your' house, on the basis that it's not really 'your' house but theirs cos it's them that actually owns it? ;)

You have no f**king idea what a hard life is matey, and your response to anyone who tries telling you is that it's all their own fault. :rolleyes:

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sifi Newbie

sifi

Posted
Posted

Well explain to me how you'd have done that if you'd grown up in a small community then? Where I grew up in Mablethorpe, a good 50% of people were unemployed for half the year as the whole town exists purely for the holiday trade. There's no work for those who need it to pay their bills, let alone extra jobs whilst at college.

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