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THE TALK TO YOURSELF THREAD. (NOWT)     

goldfinger - 09 Jun 2005 12:25

Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

cynic - 28 Jan 2014 09:42 - 35951 of 81564

fossy the *anker and pedagogue drivels and slithers again
pretence to leftist idealism, but totally lacking the credibility for his phoney convictions
that's why his posts are well worth a detour

Fred1new - 28 Jan 2014 10:00 - 35952 of 81564

Manuel,

You have promised to bypass my postings.

Pleased, if you do so.

But, as usual, your definition of my political leanings are far from correct and out of touch as many of you frequent pronouncements are.

But, to me, you appear to be becoming more and more a fitting member the far right fascist wing of the torrid party having swallowed the party propaganda.

Have a better day than yesterday.

Fred1new - 28 Jan 2014 10:06 - 35953 of 81564

Manuel,

For you a fitting picture of a mate from the old school.

cynic - 28 Jan 2014 10:12 - 35954 of 81564

fossy is indeed a most fitting sobriquet
added to that, you're just a charlatan with no courage of supposed convictions

Haystack - 28 Jan 2014 10:26 - 35955 of 81564

Pete Seeger has died. He wrote "If I Had a Hammer," ''Where Have All the Flowers Gone" and "Kisses Sweeter Than Wine" and many others.

Fred1new - 28 Jan 2014 11:00 - 35956 of 81564

And ""We Shall Overcome."!

Haystack - 28 Jan 2014 11:06 - 35957 of 81564

He only popularised "we shall overcome". His contribution was just to swap "will" to "shall" because it opened up the mouth more.

Fred1new - 28 Jan 2014 11:08 - 35958 of 81564

Manuel,

Never had much respect for ”personal conviction” as a method of substantiating arguments, or opinions.

But it is obvious why some individuals and old reactionaries such as yourself, rely on them, in false hope, to bolster up their opinion and themselves.

Go back to the playground and learn another mantra.

Fred1new - 28 Jan 2014 11:20 - 35959 of 81564

Haze,

You are probably correct.
(For once!)

I heard Joan Baez singing this alive, some some years ago.

Brings back memories.

Haystack - 28 Jan 2014 11:27 - 35960 of 81564

It is originally an old gospel song.

Fred1new - 28 Jan 2014 11:53 - 35961 of 81564

That is what the Wicked Book suggests!

8-)

Haystack - 28 Jan 2014 12:59 - 35962 of 81564

This last year is the first with continuous growth in all 4 quarters since 2007.

ahoj - 28 Jan 2014 13:17 - 35963 of 81564

Can someone help me please?
If I bought £10000 a share in 2009 and sold in 2013 for profit of £1000.

Is my profit £1000 or less due to inflation? If less, how to calculate?

cynic - 28 Jan 2014 13:23 - 35964 of 81564

i'm not an accountant, but i'm sure that the profit is now the profit - i.e. there is no indexing - but of course you can make something like £6,500 (or is it now more?) before CGT at 28% (i think) cuts in

Haystack - 28 Jan 2014 13:24 - 35965 of 81564

I think the profit is £1,000. There was taper relief on capital gains, but that stopped, I think, in 2008 (another nail from Labour).

ahoj - 28 Jan 2014 13:26 - 35966 of 81564

OK,
Thank you guys. Straight forward, then.

Haystack - 28 Jan 2014 13:41 - 35967 of 81564

Do you remember this from Labour

Gordon Brown's ruthless raid on pension schemes has cost the country's savers at least £100bn, a report claimed yesterday.

For the first time, the devastating impact of the Chancellor's controversial tax grab in 1997 has been revealed.

He scrapped the tax relief on dividends paid into pension funds just a few weeks after Labour came to power. Shadow Home Secretary David Davis has described the move as one of the 'great scandals of the last decade'.

The report, from Terry Arthur, a fellow of the Institute of Actuaries, warns the decision has cost Britain's pension savers at least £100bn. This is equal to the entire annual economic output of Ireland, or 50 years of Tesco's annual profits at £2bn a year.

For every one of Britain's 20m people currently saving into a pension scheme, it means they will retire on less money.

To make matters worse, Mr Arthur warns his calculation is on the cautious side. Even £ 150bn may be a 'conservative estimate', he says.

A former pensions adviser to Number 10 said yesterday that the abolition of the tax relief had dealt a body blow to many pension schemes.

Dr Ros Altmann said: 'Gordon Brown saw pension funds as an easy target - so he raided them. 'He either doesn't understand private pensions or he doesn't care about them, which is hardly prudent.'

Before 1997, a pension fund could, for example, be paid £80 in dividends and get £20 in cash back from the Treasury in tax relief. On Budget Day, 3 July 1997, Mr Brown axed the tax relief.

The change took effect immediately. At the time, most people ignored the move, considering it a tedious technicality.

Until recently, it had been thought that the tax grab had cost about £6bn a year, but Mr Arthur fears the figure is much higher.

Even at this level, it would cost every worker who pays into a pension about £300 a year, or £6 a week, according to accountants Grant Thornton. If the £100bn figure is accurate, this is equal to £5,000 for every person who is currently saving into a pension scheme in this country.

Shadow Chancellor George Osborne said: 'His pension raid was one of his first and worst acts as Chancellor. Pensioners will be paying a heavy price for many, many years to come.'

The sudden cut in pension fund income has played a key role in the closure of final- salary pension schemes. By 2012, it is estimated that the majority of Britain's big businesses-will have axed these gold plated pensions for existing workers, according to the pension consultants Lane Clark & Peacock.

Mr Arthur said: 'What happened in 1997 represented an enormous and ongoing raid on the assets of UK company pension schemes.'

cynic - 28 Jan 2014 13:47 - 35968 of 81564

but the obvious question then is why did not GO retract that move?
it's the same question as would be reasonably asked if the boot had been on the other foot

Fred1new - 28 Jan 2014 14:45 - 35969 of 81564

AHOJ.

Try this http://www.hmrc.gov.uk/cgt/shares/basics.htm#1

ahoj - 28 Jan 2014 15:16 - 35970 of 81564

Thank you very much fred.
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