Ralph Allen

[Ralph Allen @ralphyallen]

@samhenry1128 @Manny_S_H_1989 @linmeitalks It is. But how do you get a £330K mortgage (aporox £1500 a month) on a £46k salary? No lender would offer that

[Ralph Allen @ralphyallen]

@robprogressive @Paulkillick8 Currently Banks and financial institutions report all interest to HMRC at the end of each tax year. If you're employed, or you receive a pension, HMRC may change your tax code to collect. This means you pay automatically. This has been the case for years so what’s changing?

[Ralph Allen @ralphyallen]

@chris7t8 @LukyKnightRyda @lecanardnoir @robprogressive It doesn’t. The issue is that most of your council tax goes towards children’s and adults social care. IMO this shouldn’t be funded through CT.

[Ralph Allen @ralphyallen]

@davethequiz @lecanardnoir @robprogressive Those items along with most other products and services are indeed already subject to 20% VAT however an increase in VAT to 22% would be worth considering assuming we carve out food and utilities from the increase.

[Ralph Allen @ralphyallen]

@robprogressive No, it’s rumoured they’re looking at an idea to replace stamp duty (an inhibitor to move for many) with an annual property tax on the value > £500k so a £700k value property would attract an annual charge of circa £1,080 but only for the new buyers not for all.

[Ralph Allen @ralphyallen]

@Free_ByTheSea @Artemisfornow It might help downsizers as the proposal is to scrap stamp duty on purchases and replace with an annual property tax based on a TBA percentage of the value of the property > £500k. So if you’re moving from a house worth £800k to one worth £600k you won’t pay £20k stamp duty.

[Ralph Allen @ralphyallen]

@Sxfian05_ @WestHamViews_ Verbatim, as part of a long interview yesterday on Talksports Sunday Edition show

[Ralph Allen @ralphyallen]

@iamJayaLove @CF_Farrow Come to London, you’ll both love it. I did not recognise her comments.

[Ralph Allen @ralphyallen]

@Ta1kingTurf It’s a 2.5 hrs walk. Come on that’s hardly an insurmountable problem is it. Just crack on and stop moaning

[Ralph Allen @ralphyallen]

@acipio21 @theRealWattwurm Which American made products do you think we would buy more of if there were zero tariffs, and what is the current tariff rate on that product ? BTW VAT is payable by everyone on everything regardless of where a product is made, so it’s an equal playing field, period

[Ralph Allen @ralphyallen]

@HammersHubWHUFC We were dreadful against Wolves, Brighton and Southampton but somehow managed to get 7 points. Only two decent games; Ipswich and Newcastle

[Ralph Allen @ralphyallen]

@realmocktheleft @WinningTP @robprogressive Oil & Gas is 30% of its GDP and its largest single source of income

[Ralph Allen @ralphyallen]

@WestHam I think that was possibly the worst performance I’ve seen in recent years. No threat up front, pedestrian midfield and flat footed defenders. Terrible atmosphere too

[Ralph Allen @ralphyallen]

@peterrhague @grazzar09 You’re spot on and yet this debate rages on X continuously. It all goes into one pot and is spent accordingly https://t.co/cXdZzwSXY1

[Ralph Allen @ralphyallen]

@Tandem_Bank Was happy to help with your survey on your proposed new app improvements for ISA product however you have a fail halfway through that will likely effect others too meaning you won’t get any replies

[Ralph Allen @ralphyallen]

@marcoacarini @LeoMars75 @Justbob111 @Jenny_1884 I do understand pedants

[Ralph Allen @ralphyallen]

@marcoacarini @LeoMars75 @Justbob111 @Jenny_1884 Exactly. In theory but not in practice.

[Ralph Allen @ralphyallen]

@marcoacarini @LeoMars75 @Justbob111 @Jenny_1884 Your argument is moot to the central question as to whether NI is a tax. It’s a tax by another name and doesn’t sit in a separate pot that is specifically allocated to the payment of your future state pension benefits. This is a long but informative read https://t.co/cXdZzwSq8t

[Ralph Allen @ralphyallen]

@marcoacarini @LeoMars75 @Justbob111 @Jenny_1884 Nah😀 Income Tax, NI, Vat, IHT, VED. They all go into the same pot and spent on whatever the government wants. The NHS get approx. 20% so @LeoMars75 is correct

[Ralph Allen @ralphyallen]

@marcoacarini @LeoMars75 @Justbob111 @Jenny_1884 Payment of NICs qualifies individuals to receive certain social security benefits (most notably the state pension). In practice, however, the link between contributions paid and benefits received is vanishingly weak and NICs essentially act as a second income tax.