Author Topic: Budget  (Read 2194 times)

Budget
on: March 12, 2008, 14:22:27 PM
got raped again by the goverment

  • Offline SteveF

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Re:Budget
Reply #1 on: March 12, 2008, 14:30:43 PM
Yup - no good news in the budget at all really.  Oh well, none of its hugely unreasonable and were clearly all going into a recession so meh.

  • Offline Mardoni

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Budget
Reply #2 on: March 12, 2008, 14:31:20 PM
yeap in general its another "reap from the poorman" budget.

but on a personal note it does mean that when (and if) I sell / fold my company, Ill not be hit as hard with Capital Gains as I wouldve been.

  • Offline SteveF

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Budget
Reply #3 on: March 12, 2008, 14:36:45 PM
Its a reap from the rich budget if anything.  Its a normal labour budget.  Weve not had a real labour government for a long long time and without Tony and a "new" labour approach were going to get taxed through the nose to pay for the old and people of the country.

I was almost expecting them to go true labour and simple say were taxing all international flights, all big cars, all alcohol and pensions.  But never fear, were increasing minimum wage, benefits and cutting council tax for the old people who spent their life unemployed or didnt bother to put money in a pension.

In terms of a labour budget I think this was fairly moderate.


edit: for anyone who didnt listen to it:
http://news.bbc.co.uk/1/hi/uk_politics/7291841.stm

  • Offline Mardoni

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Budget
Reply #4 on: March 12, 2008, 15:52:39 PM
^ Ive just been through the rest of it and youre quite right, there are some pretty harsh taxes being placed on the more well off too.

Still, all in all, I think it means that everyone will basically be slightly worse off. I cannot see anything that gives me back the additional tax Ill be paying on fuel, booze and fags :/

  • Offline Kunal

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Re:Budget
Reply #5 on: March 12, 2008, 16:02:44 PM
Im begining to seriously think about moving back to Toronto next year...


  • Offline Quixoticish

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Re:Budget
Reply #6 on: March 12, 2008, 16:36:29 PM
Quote
• There will be a capital fund of £12.5m to encourage more women entrepreneurs.


Huh? This may seem like quite a dense question but is this fund just accessible by women/soley to encourage women to become entrepreneurs (I assume through things like advertising and marketing). If so is that even legal?

Re:Budget
Reply #7 on: March 12, 2008, 16:41:38 PM
usual crap.

  • Offline Sam

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Re:Budget
Reply #8 on: March 12, 2008, 17:34:20 PM
Quote from: Kunal
Im begining to seriously think about moving back to Toronto next year...



Because of 4pence on a pint of beer ?
well thats like less than inflation.

Bye bye then.

  • Offline Kunal

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Re:Budget
Reply #9 on: March 12, 2008, 17:55:26 PM
No not that.

I shouldve spelt out my sentiments more, its not really related to this budget just the general shift in everything becoming too expensive in this country.

A flat in london costing 4-500k on top of which theres mountains to pay for all the other bills. Then the cost of food and drink sky rocketing.



In Toronto I could move today, get a job which pays near enough what Im getting in London but in CA$, and buy a nice downtown apartment or 3 bedroom house for half the price of a flat in London. I could set myself up property and job wise and have enough left over to have some liquid funds left over for a rainy day, buy a new car and easily be able to afford my monthly bills... becuase virtually everything is much cheaper. While the standard of living is the same if not higher.

Oh and the friggin weather is better. At least its snows in the winter and you can rely on months of sun in the summer.

  • Offline Sam

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Re:Budget
Reply #10 on: March 12, 2008, 18:03:45 PM
Quote from: Kunal
No not that.

I shouldve spelt out my sentiments more, its not really related to this budget just the general shift in everything becoming too expensive in this country.

A flat in london costing 4-500k on top of which theres mountains to pay for all the other bills. Then the cost of food and drink sky rocketing.



In Toronto I could move today, get a job which pays near enough what Im getting in London but in CA$, and buy a nice downtown apartment or 3 bedroom house for half the price of a flat in London. I could set myself up property and job wise and have enough left over to have some liquid funds left over for a rainy day, buy a new car and easily be able to afford my monthly bills... becuase virtually everything is much cheaper. While the standard of living is the same if not higher.

Oh and the friggin weather is better. At least its snows in the winter and you can rely on months of sun in the summer.


Its not always greener on the other side.
London is expensive granted. But there are very few places like that, say NYC, Moscow?
Move to Edinburgh, get a cheaper house.

Here I can buy a house at half the price of England, but Id be living in the middle of nowhere, rural PA, with no chance of a high paying job. Swings and roundabouts.

If you really think youd be massively better off, then stop talking and start moving, you can always come back.

Re:Budget
Reply #11 on: March 12, 2008, 18:05:03 PM
Id love to live in canada.

f**k me, the 100k you pay for 3bed terraced house here, will buy you a 4 bedroom, 3 bathroom, twin garage detached out there.

+ the best health care system in the world in canada & in the right place, you dont have to learn a new language

Re:Budget
Reply #12 on: March 12, 2008, 18:06:40 PM
Quote from: Sam
Quote from: Kunal
No not that.

I shouldve spelt out my sentiments more, its not really related to this budget just the general shift in everything becoming too expensive in this country.

A flat in london costing 4-500k on top of which theres mountains to pay for all the other bills. Then the cost of food and drink sky rocketing.



In Toronto I could move today, get a job which pays near enough what Im getting in London but in CA$, and buy a nice downtown apartment or 3 bedroom house for half the price of a flat in London. I could set myself up property and job wise and have enough left over to have some liquid funds left over for a rainy day, buy a new car and easily be able to afford my monthly bills... becuase virtually everything is much cheaper. While the standard of living is the same if not higher.

Oh and the friggin weather is better. At least its snows in the winter and you can rely on months of sun in the summer.


Its not always greener on the other side.
London is expensive granted. But there are very few places like that, say NYC, Moscow?
Move to Edinburgh, get a cheaper house.

Here I can buy a house at half the price of England, but Id be living in the middle of nowhere, rural PA, with no chance of a high paying job. Swings and roundabouts.

If you really think youd be massively better off, then stop talking and start moving, you can always come back.


then move to San Francisco/Oakland where the money pays well & houses are still cheap.

  • Offline SteveF

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Budget
Reply #13 on: March 12, 2008, 18:19:20 PM
Trust me, houses in San Francisco arent cheap.

My flatmate and I pay £1000 a month to rent a small 2 bed flat in London.  Im having to save up for the inevitable move to San Francisco (more expensive than here).

  • Offline Kunal

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Re:Budget
Reply #14 on: March 12, 2008, 19:18:42 PM
Quote from: Sam


Its not always greener on the other side.
London is expensive granted. But there are very few places like that, say NYC, Moscow?
Move to Edinburgh, get a cheaper house.

Here I can buy a house at half the price of England, but Id be living in the middle of nowhere, rural PA, with no chance of a high paying job. Swings and roundabouts.

If you really think youd be massively better off, then stop talking and start moving, you can always come back.



I realise the grass isnt always greener, but I have a fairly good grasp of the current situation in Canada in terms of job prospects, local culture, property markets, the economy, etc. I tend to go over once every 2-3 years for a month or so and Im lucky enough to also hold a Canadian passport (born in Toronto, family moved back to UK when I was a toddler), so its starting to become a no-brainer.

I cant do rural (yet, Ive finally got out the country side!), so I think Toronto will be ideal. I can get a decent new media job and live in one of the worlds top urban areas.

Planning on heading out there towards the end of summer to talk to some people/companies about getting work.

If all goes to plan Im aiming to probably move out there a year from now (bunch of projects Im working on I cant ditch so cant rush out there). Ill probably rent for the first 3-6 months, see if Im actually settling in then think about buying a place.

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