£500 vouchers

[BIGRON]

Gonna have mine on the first favourite on the nags on th day IF i get it

[Disoriented]

Put it in a Nigerian prince’s account as an investment.

[Millennial Snowflake]

Put it in some bottomed out stocks affected by the ‘rona and laugh myself stupid when they inevitably recover

[Long slender neck]

These are supposedly to spend in retail stores.

[HeyO]

Paddy Power retail?

[Rich Tea Wellin]

Look forward to paying this back in my taxes for years to come

[slacker]

So, instead of a 500 quid voucher I can get 50% off a curry, nandos or pub grub on a Tuesday night (max 10 quid “saving”). And VAT’s reduced to 5% on “luxury” foods, a b&b booking or Thorpe Park. Thanks, Rishi.

I’m a bit more interested in the stamp duty holiday - I think it applies to homes over 500k too - as we’re about to put our gaff on the market and move on again. We’ve delayed that since Easter as it was pointless doing it in the lockdown period.

[Dunners]

I thought it only applied for homes up to a value of £500K.

Will you be selling the moat and workers cottages too?

[BoniO]

So, instead of a 500 quid voucher I can get 50% off a curry, nandos or pub grub on a Tuesday night (max 10 quid “saving”). And VAT’s reduced to 5% on “luxury” foods, a b&b booking or Thorpe Park. Thanks, Rishi.

I’m a bit more interested in the stamp duty holiday - I think it applies to homes over 500k too - as we’re about to put our gaff on the market and move on again. We’ve delayed that since Easter as it was pointless doing it in the lockdown period.

So if you're buying a property under the new £500,000 threshold you pay nothing in stamp duty. If you buy a property over this amount, just take £15,000 off what you would have paid before this announcement was made.

[Long slender neck]

Does the VAT reduction apply to holidays?