So
there you have it……the Autumn Statement gave us pretty much what we were
expecting – something for all voters to be happy with!
For
homeowners……(and 80% of voters are)
A
new approach to stamp duty that will make 98% of all property sales cheaper.
For
the over 55’s……(a huge voting block – 75% will vote)
ISA
limits to increase again in April and as well re-confirmation of revolutionary
changes to pensions.
For
Bank Bashers……(apparently 95% of voters distrust them)
Closure
of a tax loop hole that will hit corporate profits.
For
Middle England……
An
increase to the 40% tax limit meaning higher rate tax payers will be £224.00 per
year better off.
For
Families……
Flight
duty scrapped for young children (under 12).
For
Students……
Loans
will be made available for post-graduates.
All
in all, it was a crowd pleasing election sweetener where everyone got a little
bit. What is more impressive, is that this was a neutral give away in that it
didn’t cost a penny as it was funded from savings / taxes elsewhere.
Just
don’t mention Government borrowings or the deficit……it was quickly thrown away.
Just
another 6 months of this political strutting to go……thankfully!
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