April Budget (1 Viewer)

[ratmonkey]

I do prefer the French digestifs though, they tend to involve brandy.

 

[Green Goblin]

Only the more expensive rent has fallen, the lower end of the bracket has not and is higher tan it was a couple of years ago. I'm house searching, so I know.

 

[Green Goblin]

So the mumbo jumbo about rent allowance being restructured on budget day actually means that the rent cap is being reduced by 10% and payments will be cut by another €5 p/w (it was cut by the same amount in december).

This is actually enough to put people out of a home, and make it very difficult for me to find a new one.

 

[pete]

Only the more expensive rent has fallen, the lower end of the bracket has not and is higher tan it was a couple of years ago. I'm house searching, so I know.

[ame="http://www.scribd.com/doc/12719254/Daft-Rental-Report-Q4-2008-Year-in-Review"]Daft Rental Report Q4 2008 - Year in Review@@AMEPARAM@@/docinfo/12719254?access_key=key-1h051fonh7pllaxzydp3@@AMEPARAM@@12719254@@AMEPARAM@@key-1h051fonh7pllaxzydp3[/ame]

 

[nooleen]

The name "digestive" derived from the belief that they had [ame="http://en.wikipedia.org/wiki/Antacid"]antacid[/ame] properties due to the use of [ame="http://en.wikipedia.org/wiki/Sodium_bicarbonate"]sodium bicarbonate[/ame] when they were first developed.
The digestive biscuit was invented by McVitie's in [ame="http://en.wikipedia.org/wiki/Edinburgh"]Edinburgh[/ame] in 1892 by Alexander Grant. Although they were advertised as aiding digestion, subsequent scientific research has concluded this is untrue. While rumours exist that consequently it is illegal for them to be sold under that name in the USA, in fact they are widely available in imported food sections of grocery stores and by mail order.

 

[egg_]

I'm down 680 per month

!!!
That can't be due to just the budget, can it? Are you claiming the home carer's tax credit for Mide?

 

[snakybus]

ah no I got my sums all wrong there

How does it work....I think we'll be down 680 per month, once she goes back to work, accounting for the budget and her (part-time) salary offset against additional creche fees, with Lois going in part-time on top of what we're paying for the other two. Don't ask me for the details, because it's all written down at home and I can't remember. It would actually be cheaper for her not to go back to work, but she might go insane if we did that. And nobody wants that.

 

[Diddles]

It would actually be cheaper for her not to go back to work, but she might go insane if we did that. And nobody wants that.

No, you don't. I'm twice as bonkers these days.

 

[broken arm]

ah no I got my sums all wrong there

How does it work....I think we'll be down 680 per month, once she goes back to work, accounting for the budget and her (part-time) salary offset against additional creche fees, with Lois going in part-time on top of what we're paying for the other two. Don't ask me for the details, because it's all written down at home and I can't remember. It would actually be cheaper for her not to go back to work, but she might go insane if we did that. And nobody wants that.

could she use the time to volunteer?

I think that would be a great set-up - having enough money but as a unit contributing more to shosietee

 

[snakybus]

could she use the time to volunteer?

I think that would be a great set-up - having enough money but as a unit contributing more to shosietee

If she were to stay home, she'd be minding three kids so yeah, she might get like 2 minutes a day to volunteer.Or less.

 

[broken arm]

If she were to stay home, she'd be minding three kids so yeah, she might get like 2 minutes a day to volunteer.Or less.

i get ya. the reduced costs will be incurred through childcare and whatnot??


The UK just had it's new budget announced - yippee

 

[snakybus]

i get ya. the reduced costs will be incurred through childcare and whatnot??

The reduced cost would be because of not paying for childcare. When she goes back to work, all three will be in a montessori part-time. If she stayed home, that cost would be eliminated.

 

[Froog]

UK tax for > £150,000 set at 50%.

http://www.guardian.co.uk/uk/2009/apr/22/budget-2009-darling-tax-recession

 

[Squiggle]

UK tax for > £150,000 set at 50%.

http://www.guardian.co.uk/uk/2009/apr/22/budget-2009-darling-tax-recession

That is what should have happened here, or something similar.

 

[egg_]

If she were to stay home, she'd be minding three kids so yeah, she might get like 2 minutes a day to volunteer.Or less.

She could volunteer for a charity that desperately needs pictures coloured. Or bits of paper chewed up

 

[snakybus]

...or houses that need to be messed up in 30 seconds flat.

 

[broken arm]

..

 

[platters]

Is there a viable alternative to the NAMA thing that's being bandied about?

I don't like the sounds of it at all at all

 

[broken arm]

Is there a viable alternative to the NAMA thing that's being bandied about?

I don't like the sounds of it at all at all

move over here with us.

I'm slightly better off with the new budget here.

If i slashed my booze intake and got rid of the car we barely use it would be even better...

 

[Cryptid]

A good news story here: http://www.irishtimes.com/newspaper/property/2009/0423/1224245199958.html
Landlords cry foul at attempts to reduce rents

Landlords cry foul at attempts to reduce rents

MEMBERS OF the Irish Property Owners Association (IPOA) are not happy campers these days. Over 400 assorted landlords attended a meeting in Dublin this week where there was much gnashing of teeth over the reduction in the rate of mortgage interest relief and other assorted woes.

Owners complained bitterly that they now faced a lethal combination of negative equity and reduced rents, having invested in the property market. They are blaming both the Government and bankers for encouraging people “to invest in property to look after their old age”, according to the organisation. “Having paid stamp duty, VAT and tax on their income, they now face financial ruin,” the press release continues.

There is the more bad news, too, says the IPOA in that landlords are being targeted by the HSE and Department of Social and Family Affairs officials in an attempt to reduce rents following budgetary measures on the Rent Allowance Scheme.

CWOs (community welfare officers) are advising tenants to demand reductions in rent of up to 10 per cent from their landlords or face the prospect of tenants leaving, following which tenants will be in breach of their rental agreements.

This, plus the €200 levy being imposed on rental property, the 2-6 per cent income levy, the banks refusing to pass on interest rate cuts and the reduction in tax relief on borrowings is leaving many landlords in serious financial difficulties with the distinct possibility of losing their own homes. Landlords, says the IPOA, “will have to stand up and reject this calculated rip-off”. Still, it is good news for the tenants.