Official Contractor UK Budget Thread 2017

[bobspud]

2.21?
https://www.gov.uk/government/upload...t_2017_web.pdf
I don't see it here. Am I going stupid?

Sorry I was referring to the links posted by JamesBrown further up the thread. It discusses the Taylor report.

[jonbon]

who is going to lead the consultation? One of the big 4 consulting firms?

[Pip in a Poke]

who is going to lead the consultation? One of the big 4 consulting firms?

Yes, sir.

Welcome, sir.

[mattfx]

Good job well done to everyone that wrote to their MP's, pushed stuff on social media and what-not! Seems like we've managed to narrowly escape for now.

[Platypus]

Nice headline tax break, but in reality does a £5k tax cut really address the problem of first time buyers not being able to afford property (down south anyway)?

Yes. It takes a long time to save £5k and then not be able to use it for your deposit. Will help my daughter in the S.E.

[Waldorf]

I believe that a consultation is the norm these days as a means to reduce or eliminate the effect of any legal challenge. I imagine the Treasury know what they are aiming for and expect changes to be announced in the 2018 Budget, taking effect from April 2019.

The Red Book also mentions some simplification of employee claimed expenses but I would suspect that this will be closed off to one man band contractors.

[Platypus]

Is that correct?
What if you owned a house in the past. sold it and was in rented?
What would stop someone selling their house and then renting for 6months. So to save paying stamp duty
What is the correct definition of a first time buyer.

It's not correct. First time means first time ever.

[LondonManc]

It's still an uphill fight, but the first hurdle has been crossed. Good stuff - definitely much more toned down than was threatened.

This. It feels like the door has been shut on him but we don't know whether he'll walk away from it or knock again. The more bad news about its impact on the Public Sector side, the better.

[AtW]

Nice headline tax break, but in reality does a £5k tax cut really address the problem of first time buyers not being able to afford property (down south anyway)?

Nope.

[WTFH]

£5k won't even pay the VED on a diesel car...