Showing posts with label bonkers. Show all posts
Showing posts with label bonkers. Show all posts

Monday, 13 April 2015

Bedroom Tax Loophole

this is it - what a simple way to get around the bedroom Tax.

Knock your bedroom walls down!!

Turn your 3 bed in to a 2 bed - SIMPLES.

Problem solved and bigger rooms.

We did it when I was a student. I remember sharing a bedroom. We put the wardrobes down the middle so effectively partitioning off the room.

What stupid sanction by HMG?

Fair enough - only pay so much "Rent" benefit depending on your needs but don't penalise people for having lived in a "X" bedroom [proerty if they have no choice.

This is unfair to expect the poorest to bail out the rest, for Government's mismanagement of the economy while they still et individual Bankers get their obscene large bonuses subsidised by you and me!

Wednesday, 26 March 2014

It IS A fiasco

Thank you Chancellor for raising the Limit on ISAs to £15k and amalgamating Cash and Stocks & Shares Isas into the allowance, Wonder why he's raised the allowance? Well currying favour with the Grey Vote - too little too late. Savings are the lowest for along time. Why save when your money is losing value all the time, interest rates are pathetic. Tax on very lkittle is very little so he's not losing much at all.

If you wonder why people don't take up ISA's then its because

  1. Interest rates are pathetic Interest on £5k or interest on £15 ? well 3 x 0 = 0
  2. Banks con you - attractive rate for first year then plummets to nothing - do they tell you - well in the small print but hope by next year you've forgaotten
  3. Banks con you - various restirictions - can't move from one ISA to another, no transfers in, penalties for withrawals etc.
  4. Ordinary Peopl e are poor - they need their money to live. 
  5. If you've more than£15k put it somewhere else 
Bet sCameron and co don't bother!

I could mention similar things about pensions - another day. 

This country has been hurt by low interest rates. Saving is the life blood - spend only when you can afford it, borrowing is what got us in this mess. If Osborne upped the savings rates in say National Savings then he'd rake in money which he could use to start the economy moving. That's the way it used to be. If everybody's borroing then where does the money actuyally come from?