she was adamantly opposed to capital values .. I do think reval on sale is still a v sensible idea

Thatcher said (reportedly) that it was the worst idea she had ever heard

I suggested this in a paper we put to Thatcher when she opted for the poll tax. would have been property tax based on capital values revalued (into bands) on sale -- so would cope with relative movement..... better with more bands (and a fairer ratio between them)

Great to have you staying here... eine echte Vertrauungsstimme nicht wahr?

She could still ditch it any time

Usually it can be postponed in next Budget .. RR (at the moment) claims only one fiscal event in which case it would start rising in Sept before the next one

No different .. its before the next Budget (assuming usual schedule) -- so may even happen

fuel duty starts rising next September...

Cash ISA limit cut to £12,000 as expected - though only for under 65s! A new bias in the tax system towards pensioners is introduced....