@bobby_driv2429@lowe117022@techtoby__ ISAs replaced PEPs (personal equity plans) which were introduced in 1986, so that 65 year-old could have been saving since they were 25.
@TomWright165389@RepealTCPA1947@sp6runderrated Increased development in an area is a response to the gentrification that's already happened, and brings prices down lower than they otherwise would be.
@Connor_James94@cjsnowdon@TomLongdin Leagues where ticket prices are cheaper and players cost less than Β£100m already exist, it's just most people don't want to watch them.
@AlexTurlais@MWStory A bank's assessement of the value of your house is some information they use to offer a different price to you (the cost of the mortgage). It's not a market price for the house itself.
@xela19721@Goodbob888@RobNoLastName No, as your personal allowance is withdrawn, your marginal earnings cause previously-untaxed earnings to be subject to taxation, while also being taxed themselves. This doesn't happen anywhere else.
@xela19721@Goodbob888@RobNoLastName Yes, but as your personal allowance is withdrawn you're paying two of those rates simultaneously, which is why your actual rate is higher than any of the individual rates.
@xela19721@Goodbob888@RobNoLastName Pounds are fungible, so the scenarios where one was taxed at 20% and one 40%, or another where one was taxed at 0% and one 60% are indistinguishable. You really do pay a marginal rate of 60% while your personal allowance is withdrawn.
@xela19721@Goodbob888@RobNoLastName Someone earning Β£100k pays Β£27.5k in income tax. Someone earning Β£110k pays Β£33.5k in income tax, which is a 60% rate on the marginal Β£10k in earnings.
@VenningGeorge@Sam_Dumitriu Yes you do need to build in relatively high numbers to achieve modest price reductions and I can understand why some people don't think it's worth the costs in some areas.