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-   -   The budget in March (https://www.the75andztclub.co.uk/forum/showthread.php?t=303042)

macafee2 21st February 2020 14:38

The budget in March
 
Thinking of the March budget, looking around at the news, stamp duty could be scrapped on homes below £500,000. That is awfully high but a saving of £15,000 in England and Northern Ireland, £17,400 in Wales and £23,350 in Scotland.

I wonder what will be taxed more to cover the loss.

macafee2

Stevie25 21st February 2020 15:48

Seen a couple of suggestions along the lines of the ‘fuel duty escalator’ freeze being scrapped.
This has the advantage (from the Governments point of view) of a couple of things.

1 - Raises more duty (tax) by the increase in price of Petrol/Diesel.
2 - They can claim that it is a ‘Green Tax’ so giving a nod to the environmentalists

Interesting to see if something along those lines materialises.


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