Mini Budget aka Fiscal Statement

[jamesbrown]

Good thread here on effective interest rates:

https://twitter.com/EdConwaySky/stat...75530722627584

[jamesbrown]

OK, well that was unexpected, Chapter 10 ITEPA (aka "new IR35") to be repealed, it sounds like, both the public and private sector reforms.

[ChimpMaster]

2017 / 2021 IR35 changes repealed?!

[mallisarealperson]

wow will that get rid of the blanket ban

[vetran]

Whatever they do about stamp duty won't be replicated in Wales no doubt, which a relief in a way. House prices near me have gone crazy a 3 bed Semi detached house down the road just sold for £210k I know it doesn't sound a lot but I live in a small village and it's not the most sought after area, the property was bought 4 years ago for £120k. Salaries outside of Cardiff are pretty low too, I just can't fathom what is going on.

We bought our first house 30 years ago for £65k in one of the villages in Slough. That was the same cost as my flat in the best end of Guildford was worth. My wages at the time were about £20k so 3.5* wages.


The same house is now £500-600K a similar job to mine then is probably £35-40k so 10-20 * wages.

This is in the Slough postcode.

[SueEllen]

IR35 what did I hear?

According to my ears and twitter he's scrapped it.

[mallisarealperson]

repealed the ir35 amendments from 2017/2021

[SueEllen]

Need to see the statement.

[Bluenose]

Yep, its being repealed.

LOOKS LIKE MEATS BACK ON THE MENU BOYS.

[Peoplesoft bloke]

Flippin crikey