Nick
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Today's budget.On now, live, online. And here's a blow by blow summary.
http://news.bbc.co.uk/2/hi/uk_news/politics/8011882.stm
Currently outlining incentives to drill for more oil in the North Sea...
...and £1bn to help combat climate change.
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Penny
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Are you listening to David Cameron? I have no time for the Eton educated tory git bag, but he's being quite funny
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Cathryn
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Yeek, I hope the Chrysler is less than 10 years old (he's just signed a cheque for a year old new car this morning ).
It is, I'm sure it is...
(They drop by that much the second they leave the showroom don't they?)
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Nick
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| Penny wrote: | Are you listening to David Cameron? I have no time for the Eton educated tory git bag, but he's being quite funny  |
Help for loss-making companies extended - they will be able to reclaim more taxes paid in the last three years until November 2010
Any use, Penny/other businessesesssess?
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jema
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| Quote: |
Businesses' main capital allowance rate doubled to 40% to encourage firms to bring forward investment
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Is that wot i fink it is? Buy now and pay the same amount of tax in the end, but less of it next year?
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Penny
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| Nick wrote: | | Penny wrote: | Are you listening to David Cameron? I have no time for the Eton educated tory git bag, but he's being quite funny  |
Help for loss-making companies extended - they will be able to reclaim more taxes paid in the last three years until November 2010
Any use, Penny/other businessesesssess? |
That bit will help us, as we're likely to make a loss this year and will be able to carry it back to cover the last two years' corporation tax.
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yummersetter
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here's the info http://www.hmrc.gov.uk/budget2009/bn13.pdf
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lily
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Projected public sector borrowing next year would be £173 billion divided by the population of the uk is an eye watering figure.
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Treacodactyl
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It's going to be £175bn this year, then £173bn, £140bn, £118bn and £97bn in the following years. So we're talking way over a trillion pound, £1,000bn, deficit in a year or two and rising.
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Cathryn
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Remember I asked about economics a few days ago? Well in that time I have learnt a little about it, from you and others, darn, I wish I hadn't done.
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