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How’s Rachael from accounts getting on…..

...says a pro- Brexit voter. WTF.

Go figure.
WTF has that got to do with anything? The reason she's put it up this year and again next year is because due to Labours attack on businesses, she's expecting many, many small businesses that own their business property to chuck in the towel and cash in when they sell their premises. She wants to grab a large slice of that. I’m not paying those ****s a penny more than I have to. Labour, the party for business? That’s a f'cking joke!
 
It’s rumoured that Labour are looking to scrap the 7 year rule on inheritance in favour of a lifetime transfer allowance.

How the hell will they find transfers older than say 10 years. There won’t be bank records.

I helped my kids out with Uni fees does that mean they are subject to inheritance tax if I die in 25 years time.

My only thought is that you have to report such transfers at the time going forward.
 
It’s rumoured that Labour are looking to scrap the 7 year rule on inheritance in favour of a lifetime transfer allowance.

How the hell will they find transfers older than say 10 years. There won’t be bank records.

I helped my kids out with Uni fees does that mean they are subject to inheritance tax if I die in 25 years time.

My only thought is that you have to report such transfers at the time going forward.
They may be targeting transfer of ownership of the family home.
Needs thought....


A little bit of growth announced today. yay!
 
Growth reports seem to be better than predicted.


And .......

James Smith, an economist at ING Bank, told the BBC's Today programme that the figure for the April-to-June period was "not bad".

In the first three months of the year, economic growth was "boosted by firms trying to get ahead of Donald Trump's tariffs", he said, as well as homebuyers rushing to complete before a change in stamp duty thresholds in April.

"Those factors were always going to be a drag, so the fact that we've ended up with 0.3% growth in an environment of global uncertainty isn't really a bad result," he said.
 
They may be targeting transfer of ownership of the family home.
Needs thought....
Yep. There will be records of that.

Bonus for the equity withdrawal scammers.

“Pay your kids inheritance today and give us your house tomorrow”
 
Inflation on the rise again. Apparently it rose more than 'they' expected. They? Who are they? It wasn’t unexpected by me.


"Highest inflation since Jan 2004”. It was on the way down in 2004 - which party was in charge then? :unsure:
 
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Inflation on the rise again. Apparently it rose more than 'they' expected. They? Who are they? It wasn’t unexpected by me.


"Highest inflation since Jan 2004”. It was on the way down in 2004 - which party was in charge then? :unsure:
The 3.8% rise in inflation over the 12 months to July this year is the largest increase in inflation since January 2024.

you tell me.
 
Inflation on the rise again. Apparently it rose more than 'they' expected. They? Who are they? It wasn’t unexpected by me.


"Highest inflation since Jan 2004”. It was on the way down in 2004 - which party was in charge then? :unsure:
Inflation rising, interest rates falling. Not good.
 
It’s rumoured that Labour are looking to scrap the 7 year rule on inheritance in favour of a lifetime transfer allowance.

How the hell will they find transfers older than say 10 years. There won’t be bank records.

I helped my kids out with Uni fees does that mean they are subject to inheritance tax if I die in 25 years time.

My only thought is that you have to report such transfers at the time going forward.
Inheritance tax disgusts me. As does CGT.

I get fed up with the 'you've done nothing to earn it' argument. e.g. a talking head on a tv prog yesterday said 'If someone buys a house for x and sells it for y years later and it's appreciated a lot in value, they've done absolutely nothing to gain that wealth. Therefore it's quite right it should be taxed.'

The same argument about people that hold S&S.

It makes me sick. And no, I'm not wealthy.
 
Inheritance tax disgusts me. As does CGT.

I get fed up with the 'you've done nothing to earn it' argument. e.g. a talking head on a tv prog yesterday said 'If someone buys a house for x and sells it for y years later and it's appreciated a lot in value, they've done absolutely nothing to gain that wealth. Therefore it's quite right it should be taxed.'

The same argument about people that hold S&S.

It makes me sick. And no, I'm not wealthy.
Would you prefer to live in a country where there is no tax and you pay for all of your municipal services?
People that use NHS, fire, police services etc and then moan about paying tax, make me sick.
 
Would you prefer to live in a country where there is no tax and you pay for all of your municipal services?
Which would you choose:

A) 100K tax per year
B) 50K "Service use charge" per year

Your contribution is around 8-15k per year based on the income you've made public and your ability to optimise tax as a self employed person. The avg. cost per citizen in the UK is 12-15k
People that use NHS, fire, police services etc and then moan about paying tax, make me sick.
It makes sense for people like you to prefer others pay more for the services they benefit from, but don't fully pay for.
 
Inflation rising, interest rates falling. Not good.
The idiot starmer the other day when talking labour up - listing things that have improved - he listed interest rates reducing as a good thing - firstly the Gov is not in control of interest rates and he totally ignores the reason the bank has had to act!!
 
Your contribution is around 8-15k per year based on the income you've made public and your ability to optimise tax as a self employed person. The avg. cost per citizen in the UK is 12-15k

Does that include all taxes.
 
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