Yes. I'm not sure I agree with fruit juice being exempt. Its unhealthy. You take away the fiber and flesh of a fruit and you take away Most of what makes it healthy in the first place. You still get fat and diabetic drinking too much juice. In fact it often has more sugar and calories per serving than sodas (although thankfully without all the cancer causing additives) Adults should not be consuming any sugar calories via liquid form. (or minimal). Sugars in drinks get fasttracked to the liver which can't handle it. Liver is designed to handle sugars slowly digested... Not mass influx at once.
That MK Dons player accused of throwing his piss at Cheltenham races claimed in his defence that he had thrown Carling. They tested it and proved it was his piss, because it had a higher alcohol level than Carling and a hell of a lot more natural ingredients.
And Gerrez has to put all his savings in this isa. 25% return guys. This is Osborne knowing his cuts will drive inflation but look good so is looking to take heat out by getting money tied up
All that glitters is not always gold... I'd want to see the detail of that before getting excited about it being 'free money' Save £4K per annum and get £5k back - sounds like a great deal right? So save £80k over 20 years and you'd have £100k in the pot. Mmmm, where the compound interest then? If that's as it reads, then in the early years it looks like a winner, but as the years progress your net gain is next to **** all (or less than **** all)
You would still get the normal ISA interest in addition. It can only be used for buying a house, taken out when you are 60, or taken out if you develop a terminal illness. Otherwise any money you take out loses all the interest, the government top up and you have to pay 5% tax. It is being sold instead of a pension for those that do not want their money tied up, but the government save the tax top up they would have to pay if it the money went into a pension
So in essence a 40% tax payer is paying 15% tax on £4K of his 'free' money Typical Tory spin and bollocks
The fine details of this sugar tax shows that they only care about making a profit. In principal it's a good idea but fruit juices (yes, even the fresh stuff that you've been told is good for you for decades) are as loaded with sugar as Coke and other soft drinks. Anyway sugar doesn't necessarily make you fat / cause obesity, it can rot your teeth but obesity is down to your whole diet being imbalanced not just eating tonnes of sugar. Academies, I don't know about, the whole (free) school system in this country is a total mess tbh but it has been for decades, centralisation has its arguments for and against I guess Good they're raising the ISA limit HS3 is a national human-induced environmental disaster waiting to happen
HS3 is a complete waste of money mate. Pure tokenism as well, as its political intention is to deflect away from the increased centralisation of London that HS1 will bring. The Northern powerhouse is pure jarg. Not even those involved in its inception believe in it.
This isn't happening till 2018 either for some reason ..........and you're right mito, this should be across the board, not just pissing around with drinks. Its the power of the food lobby that is keeping the western diet in such an appalling state. Once again under the corporate stranglehold
Quite funny that we've got a thread discussing the legalisation of cannabis whilst there is talk of sugar tax in this one lol
tobes. its free money. Sorry but it is. every young tory will be putting their money way. its 25% on top with you can't get anywhere. Yes there are conditions on it but they are actually reasonably sensible.... though could drive a property bubble in the future As i said put away what you can afford to forget about. this is I put in say 4k this year. government put in 1k.... insterest on my chosen isa is applied and repeat so theres interest applied as you go. if anyone says ok i could save my after tax income for the future and i can afford x, be it 100 or 1000 or 100000 whatever this is better than you'll get anywhere
Sorry mate but you're naïve. It's not 'free money' at all. It's being targeted at younger people with the 'carrot' of supposed free money, but you can't access the cash without losing the 25% benefit, unless you're critically ill, it's used as a house deposit or you're 60 years old... Or in other words it's a pension - dressed up to look like a great 'giveaway' At present you can put up to £40k a year into your pension pot - tax free. So a higher rate tax payer is getting 40% 'free money' using the same premise, as the cash that people will save into this scheme will be taxable income.
It's £4k per annum with the government putting in £1k up to a maximum of £12k making it £15k with the government contribution. However, you only get that additional contribution when putting a deposit on a house. You can't withdraw the cash to that value, you can only withdraw your initial £12k. It's yet another scheme to help first time buyers. It's not that people can't afford mortgages, they can't gather the required deposit. (I've not read this year's budget. this is base don what I'd already read)
Yes. Unless you leave it in there until you're 60 or you're dying.....and you can pay for your care with it, Caring, sharing, Tories.....
Yep. So it is free money as MITO suggests but there are conditions which you must adhere to to get it. It's great if you're planning on buying a house but need to save up first. No good if you already have a house or the deposit* unless you plan only delaying three years to gain the extra 25% *part of the conditions are that you only pay in so much per annum / month. can't recall which it is now
