Should billionaires and multinationals pay fair tax?

[motorbiking]

My bad, that was a recent good year (2022?)

Average over the last 20 years is closer to 8%, nationwide (the figures that I could easily source from the gov.)

And, over the course of centuries, a proven stable "investment".

Are you talking about someone’s home or investment property?

 

[noseall]

"Negative arrears" supposes having to borrow to fund it so yes, it can cost more than it adds.

If the kitchen is a knackered dump - fair enough.

If the kitchen is acceptable but Mr & Mrs Flashy - BMW and Audi on the drive - want to waste £30k+ on a Jamie Oliver shiny-shiny brushed steel and grey flooring special, who am I to argue how they waste their cash.

 

[noseall]

Are you talking about someone’s home or investment property?

The cost effect is the same on the wallet.

 

[motorbiking]

So the gain on the investment does matter as it does enable the investment to be … invested in.

Glad we got there

 

[Notch7]

Now imagine a world where house prices remained the same

What like France you mean where houses are homes not investments for wealthy to make loadsa money

 

[motorbiking]

"Negative arrears" supposes having to borrow to fund it so yes, it can cost more than it adds.

Do you mean negative equity? Or an over payment on account ?

 

[Brigadier]

Are you talking about someone’s home or investment property?

To someone who needs to buy a house, what is the difference?
Is one cheaper than the other?

 

[motorbiking]

What like France you mean where houses are homes not investments for wealthy to make loadsa money

Nobody in france rents houses or holiday homes…

Oh wait…

 

[Wayners]

To answer, Will a new kitchen and bathroom add value.
Location location location.
I've seen new kitchens and bathrooms end up in skips or on Facebook marketplace.

Re tax question.
Start taxing the rich then they will leave. The money they stash and spend adds value to country.
It's like Freeports. Millions of pounds of goods stashed that adds value to the country that holds it.
Remember. Health and wealth are not fairly distributed amongst the population.

No easy answers unless the world is one country and one nation with one tax law.
That's how I see it..

 

[noseall]

So the gain on the investment does matter as it does enable the investment to be … invested in.

Did I argue the contrary.

What I said still stands, regardless of your irrelevant waffle.

 

[Notch7]

So the gain on the investment does matter as it does enable the investment to be … invested in.

Glad we got there

It’s not a gain on the investment.

If you have a house and add a £50k extension, you might add £50k to it if you are lucky.


All people want to know when having work done is: “will I get the money some of my money back when I sell”

People who want to put an extension on have to make a decision between extending or moving to a bigger property…that’s why they ask.

 

[noseall]

To answer, Will a new kitchen and bathroom add value.

That depends on the condition of the existing kitchen or bathroom at the point of valuation.

 

[motorbiking]

It’s not a gain on the investment.

If you have a house and add a £50k extension, you might add £50k to it if you are lucky.


All people want to know when having work done is: “will I get the money some of my money back when I sell”

People who want to put an extension on have to make a decision between extending or moving to a bigger property…that’s why they ask.

and if the answer is No - fewer people will go ahead - yes?

 

[noseall]

All people want to know when having work done is: “will I get the money some of my money back when I sell”

"...yes if you add a bedroom or a downstairs loo or a nice big kitchen/diner extension...."

"...no, if you rip out an adequate kitchen and add a flashy kitchen..."

 

[noseall]

and if the answer is No - fewer people will go ahead - yes?

No.