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The Budget

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Siralex View Drop Down
Jack Charlton
Jack Charlton

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    Posted: 06 Dec 2011 at 8:58am
Anyone following well...with interest?

Thought it might be a good idea to set up a thread for forum members to let us know what's going on...cos I'm for one sh*t at following this stuff.

Just the highlights of the budget would be great with a little detail...

Could spark off a couple of good discussions......


If I keep writing enough hagiographic articles on Man Utd, they might give me a job
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The Saint View Drop Down
Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:05am
mortgage relief up to 30% for 1st time buyers if you bought between certain period didn't hear but presume 2004-2008
FAIlure

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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:09am
Originally posted by Siralex Siralex wrote:

Anyone following well...with interest?

Thought it might be a good idea to set up a thread for forum members to let us know what's going on...cos I'm for one sh*t at following this stuff.

Just the highlights of the budget would be great with a little detail...

Could spark off a couple of good discussions......




The Devil is always in the detail. 
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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:11am
Trying to get people to buy in 2012 as they scrap mortgage interest relief after 2012. 

25 per cent for buyers in 2012

30 per cent for 2004 to 2008

and 15 per cent for anybody before that.

Scrapped for any purchases after 2012. 


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The Saint View Drop Down
Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:13am
also no CGT if you buy a house before end of 2013 and hold on to it for 7 years
FAIlure

Good shot, lovely ............ oh good jaysus
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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:13am
:) the chances of it going up in that time is nil anyway :)  
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MayoMark View Drop Down
Moderator Group
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MayoMark Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:15am
Kenny looks like he's f**ked and can't stay awake Must have been watching Monday night football last night
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The Saint View Drop Down
Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:18am
no USC up to €10,036 from €4,004
FAIlure

Good shot, lovely ............ oh good jaysus
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9fingers View Drop Down
Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:18am
So if your saving for a house. You've now got 12 months to get it sorted. Good idea but puts pressure on people to save more and save quicker.

No changes to income taxes.

Universal social charge to drop but only if your part time, seasonal or a farmer
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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:18am
No change to income tax either in bands or credits.

Exemption to USC is being raised  from 4000 t0 10000.  This is aimed at the hospitality sector and part time work in that. 
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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:19am
the idea is to get people to buy houses in 2012. The idea is that there is people out there who are ready to buy but, are holding off to see a bottom in the market.  Not sure  how much this will work but thats the idea behind it.  
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The Saint View Drop Down
Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:20am
vat up to 23% as expected
FAIlure

Good shot, lovely ............ oh good jaysus
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Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:21am
Jaysus enda looks like he enjoys the whiskey a bit too much, big red face on him
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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:24am
Carbon tax on heating  fuels held back until may. 

no increase in tax on the bag of blocks, or the sod of turf or the bail of brickets.
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The Saint View Drop Down
Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:29am

smokes up 25 cent

FAIlure

Good shot, lovely ............ oh good jaysus
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9fingers View Drop Down
Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:30am
25c on 20 smokes so now €8
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Baldrick View Drop Down
Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:33am
Gay Pride will be going mad with the a tax increase on fags.  
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Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:38am
1.4c on petrol per litre, 1.6c on diesel
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