Blimey does noseall live in a council house ??
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Blimey does noseall live in a council house ??
There are a few families like that around here too.
Are they in fact subsidised? I didn't know that.
I'm thinking about it. Two flashy cars and two foreign holidays per year thrown in. Why wouldn't you?
According to billy, they must be.
Yes because they have more than the means required to pay market rates for rent but councils do not have the option to charge high earning social tenants a fair level of rent or kick them out so by remaining there they are in effect being subsidised by the council - by tax payers
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It is quite difficult to get rid of large sums of cash without drawing attention to yourself. I tried it.Avoiding bank charges of course…….
We bought a new car once in 2006 and I paid part cash - just under £10k. They had to get someone down from accounts to count it and they checked every single note with one of those marker pens. Took bloody ages. The last car we bought, I paid the balance of just over £31k on my phone. Blip. Ping. Done!
There was a time when paying by cash right there and then got you a better deal but now days its more of a faff for them as they have to take it to the bank
You can still get a good deal, if you can offer payment in full, by other means - cash, doesn't necessarily mean pound notes..
Yep, our most recent car got a £2k deposit contribution if we took out HP on it. Minimum amount was £4K so I took that, got the £2k deposit contribution, made the first HP payment then paid it all off. Result!
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There are some dole-drawers being given so much cash they don't know what to do with it. Well in excess of the amount they are allowed to have in the bank. A common modern feature in the occupied towns of the north is the safety deposit box shop.
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In 2006 I did that when I bought my first new car in years. The sales girl sat in her managers office counting out the cash and then throwing the pile of £20 notes in the air so it 'rained' down on her. I think that amount of cash in her hands went to her head (and possibly somewhere else...)!
When I bought my Peugeot Boxer back in November, it was only about 12K inc vat and I offered to pay a portion in cash. Dealer turned it down flat and said his bank imposed a limit on the amount of cash he could pay in per month which from memory I think was about £20 K.
Cash is no longer king, for post people it's a PITA.
Apart from that you're happy with "the estimate of the overall 'tax gap' is higher, meanwhile, but only about five times higher".?
While forum landlords piddle and puddle about their earnings; they should note the wealth gap in the UK is severe and rising, with the richest 10% of households holding 57% of total wealth in 2021, while the poorest 50% owned less than 5%. Wealth inequality is higher than income inequality, driven by high property values, pensions, and debt. The top 50 families hold more wealth than half the UK population: do they think rents have to be so high to keep up with the rising wealth of the upper class, or stay one step ahead of people who cannot afford to get on board the gravy train in the first place?
