Paying tax on the amount of land you own.
Budget (March 2024)
- Thread starter PR1Berske
- Start date
cupid_stunt
Merry fecking Christmas.
Oi, hang on a minute, why should I pay more tax for having a much larger garden than the neigbour to the left of me, when it adds nothing to the overall value of the property?
Buddy Bradley
Pantheistic solipsist
BBC now reporting the "councils must cut diversity schemes" dogwhistle. 
They have no shame.
They have no shame.
Silas Loom
Man with glasses
How does a larger garden not add to the value of the property?
'While a cut in national insurance would on its own save workers hundreds of pounds a year, the effect of the tax cut would be outweighed by the Treasury’s decision to freeze the salary thresholds for both national insurance and income tax in cash terms.
Calculations by the Resolution Foundation show that only those paid between £27,000 and £59,000 a year will be better off as a result of both the autumn statement and Wednesday’s budget, once the freeze in thresholds are accounted for. Those paid £16,000 will lose almost £500 a year, as will those receiving more than £60,000.'
www.theguardian.com
Calculations by the Resolution Foundation show that only those paid between £27,000 and £59,000 a year will be better off as a result of both the autumn statement and Wednesday’s budget, once the freeze in thresholds are accounted for. Those paid £16,000 will lose almost £500 a year, as will those receiving more than £60,000.'
Jeremy Hunt to cut national insurance by 2p in budget
Pre-election giveaway should save average earner £450 a year but spending cuts may follow
cupid_stunt
Merry fecking Christmas.
Because most people looking to buy this place wouldn't want such a massive garden, and the nightmare of maintaining it, it's a proper pain TBH.
* This is the view of three different local estate agents.
Silas Loom
Man with glasses
Weird. Not like that round here.
Can’t you bribe a few local councillors and get the garden designated as a free port enterprise zone?
cupid_stunt
Merry fecking Christmas.
It would depend on the property, in this close they are basically 'retirement' bungalows, so massive gardens are simply not appalling to potential buyers.
The place to the right has an even bigger garden, they are trying to sell to a developer as they have room for an access road and another bungalow in the garden, if that happens I may be able to off load some of my unwanted garden, so they could build two semis instead of one detached bungalow, in which case I'll have to pay capital gains tax on that, which is fair enough.
But, without that development opportunity it's basically valueless, as mine on its own is not big enough for even a single bungalow, nor an access road.
I wasn’t really thinking of dwellings that workers enjoy.
brogdale
Coming to terms with late onset Anarchism
AnnO'Neemus
Is so vanilla
In lots of countries people pay an annual land tax.
Obvs I think land should be held in common. But a tax on land is more progressive than taxes on vices or pretty much anything that carries VAT.
MickiQ
In My Defence I was left Unsupervised
With the same revelation has babies, kittens and puppies are cute and bears shit in the woods come the realisation that Jeremy Hunt is a twat.'While a cut in national insurance would on its own save workers hundreds of pounds a year, the effect of the tax cut would be outweighed by the Treasury’s decision to freeze the salary thresholds for both national insurance and income tax in cash terms.
Calculations by the Resolution Foundation show that only those paid between £27,000 and £59,000 a year will be better off as a result of both the autumn statement and Wednesday’s budget, once the freeze in thresholds are accounted for. Those paid £16,000 will lose almost £500 a year, as will those receiving more than £60,000.'
Jeremy Hunt to cut national insurance by 2p in budget
Pre-election giveaway should save average earner £450 a year but spending cuts may follow
SpookyFrank
A cheap source of teeth for aquarium gravel
I would count as 46 quid less that you've lost.
And for those of us in the public sector, it will be clawed back from us with interest as our pay continues to be cut and our income tax continues to rise.
MickiQ
In My Defence I was left Unsupervised
Or possibly the tea and coffee had been spiked with something
Silas Loom
Man with glasses
Javid may have been keen on a war memorial for Muslims who fought for Britain in the world wars, as just promised by Hunt, but I suspect he was keener on the commitment for the Tory party to formally investigate internal Islamophobia, for which he secured agreement from all parties in the first leadership election to feature Sunak, but which never materialised.
philosophical
Well-Known Member
He is announcing an anti waste plan for empty cupboards the wanker.
MickiQ
In My Defence I was left Unsupervised
Well yeah whilst the primary objective of this Budget is to get them re-elected, a secondary one is a bit of 'salting the ground' if they don't.
Artaxerxes
Look out, he's got a gnu!
cupid_stunt
Merry fecking Christmas.
I've been trying to think who Hunt reminds me of...
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