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This ones for you Drew
https://uk.news.yahoo.com/arrest-ordered-woman-fled-son-over-circumcision-182927805.html#tw5P8zd
You said that back in November 2013...are you going prematurely senile?
Oh I see, it is an impolite reference to HMRC.
Ahh, I see HMRC....oh yeah
I think the gvnment have just looked at it and said that seeing as its not your money, you should be grateful for what you get, so what they charge is irrelevant given that they dont think you are entitled to it anyway. And of course the deceased dont mind, cos they arent around to complain...
Vintage v400mh mahogany topped dreadnought acoustic FS - £100
But you think it is just, given that MP's councillors, judges and the like all put their stash, far, far more than this, in Trust Finds or offshore company holdings and that is completely legal?
Basically she is being jailed for two years on the basis on a technicality.
http://www.thefretboard.co.uk/discussion/57632/
Thing is it's win, win for the treasury and the government and the financial sector it so dearly loves. Property booms, you pay for the valuation, whilst renting your own place, estate agent values property at a ludicrous sum, you can no way afford 40% so are forced to sell a tiny house that may have been in the family for three generations. Tax man gets his. Government get theirs Investors get theirs. Banks get theirs. You are left with fuck all as houses keep rising and no way will 60% buy you anything and when you die that 60% is taxed AGAIN.
It's another Enclosure Act. A thatcherite scam to disempower the masses and enslave the pleb. that is all there is too it. The rich who they sell the legislation as getting at get off tax free.
Maybe, just maybe of you are lucky, you use the 60% to get a mortgage on another over priced brick box that is taxed when you die at 40%.
Remember, it's easier to criticise than create!
Remember, it's easier to criticise than create!
I don't know, the homeless would appreciate a place to live.
https://soundcertified.com/speaker-ohms-calculator/
In a recent case a son who had lived with his mother for 30 years was forced to sell the family home to pay the Inheritance Tax bill thus making him homeless as he couldn't afford to buy a house in the area in which he lived with what was left. Daft.
Remember, it's easier to criticise than create!
Wikipedia tells me that inheritances have been taxed in the UK since 1796. Estate Duty was introduced in 1914 and that was replaced by capital transfer tax in 1975. There has also been 13 years of Labour government since Thatcher. So laying it all at Thatcher's door seems a little unbalanced.
Remember, it's easier to criticise than create!
Same with capilta gains on gifts. I think its' 11k threshold, the amount you can receive as a gift without it being taxed at 18% (or 28). THing is, if I have that sum to give to someone, and I've paid the tax on it, job done. I can understand why the mechanism exist, but again, don't think it's right.
Funny, my wife and I are doing a will at the moment, so all this is relevant. Its quite grim, but strangely assuring.