[quote]wonder how this affects the likes of purchases that are made in advance such as season tickets / annual rail tickets etc where a proportion of the purchase relates to goods to be received after the reduction of VAT comes in effect?[/quote]

It won't affect it. VAT is at the point of purchase.

[quote]I have just heard that I will be paying 45% tax soon[/quote]

I wonder if those earning that sort of money will really be affected?

Its like the charge of £400 for road tax on 4x4`s and high CO2 emission vehicles.

Well if you`re driving and can afford to run a Range Rover, Porsche Cayenne, BMW X5 are you really going to be financially affected by that?

I just think the government gets these things totally wrong.

[quote]Well if you`re driving and can afford to run a Range Rover, Porsche Cayenne, BMW X5 are you really going to be financially affected by that?[/quote]

No, and thats part of the reasoning behind taxing them higher. Upping tax by 5% for basic rate tax payers would be disastrous but may yield the same amount of money.

I think they should make the road tax astronomical for people that drive 4x4s unless they are using them for agricultural/farm use etc. Just no need for them in a city centre.

[quote]I wonder if those earning that sort of money will really be affected?

Its like the charge of £400 for road tax on 4x4`s and high CO2 emission vehicles.

Well if you`re driving and can afford to run a Range Rover, Porsche Cayenne, BMW X5 are you really going to be financially affected by that?

I just think the government gets these things totally wrong.[/quote]

What a totally illogical point.

[quote]Only if you earn 150K or more isn't it? Fair play to you if you are!![/quote]


TW I work for National Grid I don't own it.

[quote]No, and thats part of the reasoning behind taxing them higher. Upping tax by 5% for basic rate tax payers would be disastrous but may yield the same amount of money.[/quote]

Yes lets over tax all the top brains and earners so they leave the country and leave us being led by dimwits! Whats that I hear theyve already done it already

This message has been edited. Last edited by: Tommy Two Studs,

[quote][quote]I have just heard that I will be paying 45% tax soon[/quote]

Only if you earn 150K or more isn't it? Fair play to you if you are!![/quote]

[quote]Whats that I hear they we've done it already[/quote]
[quote]Yes lets over tax all the top brains and earners so they leave the country and leave us being led by dimwits! Whats that I hear they we've done it already[/quote]

If they didn't waste all the money on illegal wars and bailing out failing banks, they wouldn't need to but again its a bit late for that. Got to get the money some way, and taxing the poor (like they tried to do before) was certainly not the way forward.

[quote]I think they should make the road tax astronomical for people that drive 4x4s unless they are using them for agricultural/farm use etc. Just no need for them in a city centre.[/quote]

Look if the Government was worried about climate change they would make us all drive 1100cc cars with a max speed limit of 50MPH. It's all about TAX and their directorships, dont you get it?

[quote]Look if the Government was worried about climate change they would make us all drive 1100cc cars with a max speed limit of 50MPH. It's all about TAX and their directorships, dont you get it?[/quote]

Its a bit of both, you can't stop the country at a standstill as well.

Tommy

Had they increased tax today you would have been on this thread moaning, wouldn't you?

[quote]Got to get the money some way[/quote]

Well they could start by filling the 500,000 jobs with 500,000 dole wallers for a start. They might also tell the utility companies to reduce their prices by 25% in line with oil prices which would benifit us all and cost the Country nothing. Even the profits made by the utilities go abroad.

[quote]Tommy

Had they increased tax today you would have been on this thread moaning, wouldn't you?[/quote]

Why would they need to?

[quote]Its a bit of both, you can't stop the country at a standstill as well.[/quote]

Then sort out the transport system, once and for all.

[quote]Well they could start by filling the 500,000 jobs with 500,000 dole wallers for a start[/quote]

Thats one of the ideas of the tax cuts. Which you dismissed in my earlier post.

Companies can't afford to employ people at present. The 30,000 apparently being laid of at Woolworths don't want to be on the dole. The gov't need to try and encourage employers to take people on.