Savings

[city2]

Ok so people on here with savings are you actually worried about if the chancellor comes to tax you on them and what precautions are you taking or is everyone waiting to how the budget goes and then every man, dog, children rush to the banks to releases millions of pounds or even hundreds of pounds to stop getting ripped off.

 

[remember arthur mann]

Far too late for that.

 

[Worsleyweb]

Labour for you - work hard, plan, save, take risks and they will come in and penalise you more for it.

 

[mancityvstoke]

Spend the lot......they'll take it, or a lot of it, from you otherwise plus you'll get fuck all back unlike the druggies and alcys.

 

[117 M34]

Mine are in an ISA.
Not worried at all.

 

[mancityvstoke]

You work hard, save, pay your taxes and NI etc .....do the right thing for your family then they come and take 40% of it or take the lot if you need looking after.


Fuck that.....Claim claim claim, rob rob rob, get pissed , take drugs, arse about on Jeremy Kyle shows and it's freemans all the way.

 

[west didsblue]

Ok so people on here with savings are you actually worried about if the chancellor comes to tax you on them and what precautions are you taking or is everyone waiting to how the budget goes and then every man, dog, children rush to the banks to releases millions of pounds or even hundreds of pounds to stop getting ripped off.

Hate to break it to you but you’re already taxed on interest on savings unless they’re in an ISA. Worst case is there will be a few tweaks to the rules on rates or allowances. They’re not going to come and take a proportion of the contents of your savings account. Most people won’t even notice the difference as most savings interest rates are so low anyway.

 

[kaz7]

I have a few shares from a job i had in the nineties , not much , i am going to sell them on monday before she taxes shares

 

[remember arthur mann]

 

[Dave Ewing's Back 'eader]

Labour for you - work hard, plan, save, take risks and they will come in and penalise you more for it.

Yeah, if yer don't splurge yer hard earned on MCFC STs, car parking, Sky 'n TNT subscriptions, cruises and assorted fripparies but put it aside for yer roof fallin' in, then HMG will be there with pikes 'n muskets to relieve you of it anyway.