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Inheritance Tax

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Six of the Best

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Questions & Answers
Q. Question? 1...Halt all further immigration until further notice
2...Ban the burkha just like france has
3...Pull out of iraq/Afganistan
4...sack all the bankers and give their jobs to people who will respect them
5...Sack the GP's that dont do anything and put in qualified people who actually want to help
6...adopt Americas policy where we have to pay private medical insurance (whatever its called) and abolish the NHS.
7...Bring back capital and corporal punishment (there is enough DNA now to prove guilt)
8...Stop the smoking ban and make it the pub/cafe/restarant/bar or w.e choice if they want their business to be a smoking or non smoking business (thus everybody is happy)
9...Raise inheritance tax threshold to 1 million, possibly even abolish.
10...Give the elderly care free of charge (its disgusting how they have to sell their houses etc)
11...pull out of europe
12...nomore interfering in other countrys where it has nothing to do with us (e.g afgan/iraq)
13...give police guns
14...abolish human rights and replace with UK rights (Human rights was a gd idea at first but now its a failure with people using it to escape justice)
15...stop foreign call centres (virgin media springs to mind)
16...bring back national service (firefighter,army,navy,air force, medical service, police)
17...strict rules on who the banks lend too (make sure they only lend to people who can pay it back)
18...Bring privatised houseing back under government control
19...bring back right to buy council house
20...make people work physical labour for their dole money
21...hang all the labour party for their wrongdoings, lies and stealing
22...Bring back our industry and make it compulsory that if a foreign company sells goods in the UK that tey must sell one of our products in their country
23...start trading with Aus/New Zealand and canada etc etc again
24...bring back married mans allowance

These are just a few points, and i expect i shall be called racist for this but i just would like to say that i am not racist at all....i dont want to kick out people who were born here (black, mixed, yellow) or any colour or ethnicity, but i do want asylum to stop and immigration cos we simple cannot afford it no longer.

So if your gonna be rude and offensive then F**K OFF
I can assure you that if you took all tese 24 points i have made and put them into action, it would sort the UK out immediately and bring many years of happiness and wealth...and anybody who thinks otherwise is ridiculous and arrogant, not because they dont share my opinion but because these are the only options at the moment
One more point, excuse my bad spelling...i must really stop typing so fast :P
Yes i have had dealings with virgin media...call centres in India, cant understand a bloody word they say, they are rude, arrogant and unhelpful and do not know anything....
Good thinking IVOR but i have already mentioned leaving europe :D lol

A. Best Answer: I am with you crow

I agree with most of what you say but seriously privatising health care is a bad bad move for this country - health insurance is super expensive and it just wouldnt work

Also it doesn't take much to become a police officer these days - and i cringe at the thought of an on the beat plod carrying a gun!!!!!

also even as a smoker i don't think i would abolish the smoking ban as i don't think it is that big a deal to just nip outside for a ciggie

other than that i think you are pretty spot on mate!! lets hope one day we see a GB like your vision!!!

xx

Q. Question? feel about a "Death Tax" of 10% being taken out of your children's inheritance, to help the workshy and benefit cheats enjoy care homes at your expense?
http://www.timesonline.co.uk/tol/news/politics/article7026357.ece
Steph J. It has already been decided that I shall sell the house and move in with my Daughter when the time comes. By the time I go Ga-Ga I am hoping that assisted death will have become legal. I think it is that far away.
Ooops I meant not that far away. Maybe Ga-Ga isn't either. LOL
noeusuperstate, Because that would not raise as much as hitting every dead body.

A. Best Answer: Hi Mariachi
Furious!!!
Another anomaly is that someone who is on Incapacity Benefit accrues the same pension rights as someone who has worked all their lives and made contributions to the Public Purse.
I say to anyone - work hard all your life, make contributions and be fair to everyone and you will be screwed by the system. On the other hand, dodge and dive with the Benefits system and you will be financially rewarded and you will sit alongside me in the same care home. The only difference is that your care will be free of charge!!
Best wishes.

Q. Question? My wife and I have a property worth about £500,000 in Mallorca.Our Spanish Will states that on either of our deaths the property will be solely owned by the surviving spouse,and on that death it will pass to our two children equally.
I would like to know if Inheritance tax is payable on the death of the first spouse and also on the death of the second.Also is this tax payable to the Spanish treasury and also another levy charged by the UK Revenue and Customs as we are resident in the UK.
I was recently told that it may be possible to set up a UK Company and transfer the property into that company and consequently avoid having to pay Spanish inheritance tax.
Any help or advice would be appreciated.

A. Best Answer: Yes, Inheritance Tax will be paid to the Hacienda in both cases. It can also cause problems for the surviving partner because your assets and bank accounts are likely to be frozen until probate is finalised.
You CAN register your property under company ownership and issue shares, just as you would do for a business, but you would need to decide whether you would opt for Spanish SL ownership, UK Company ownership , or an Offshore company.
This can be a complex matter and I would strongly recommend that you spoke to an expert on this who would nee moe details from you in order to give you accurate and valuable advise.
This is a link to the company that I would recommend - http://www.tumbit.com/partners/wincham-consultants-limited-tax.html

Q. Question? "Taxed to death"?

A. Best Answer: When it is all said and done;this is just another tax on the English thrifty to subsidise Scotland's and Wales free residential home system.
Does this proposed £20,000 Social Care deduction equally to everyone in the United Kingdom?Or just England.
Why should the English have to pay through ,the nose' for residential care?After all I have paid into the system long enough.
What ever happened to those famous Labour slogans as they taxed us up to the hilt then; From the cradle to the grave.
Knowing this Labour lot;It is £20,000 now and in 2years time it will be £40,000.
It will be going up faster than the petrol is going up at this very minute.
Another one of Mandelson's taxes of the thrifty English to subsidise the Scottish and Welsh health care systems.

Q. Question? How have they let you down?
What promises did they make and break that would have benefited you?

To me there are so many things but the main things are, "Education, Education, Education" Britain is so under educated, schools bound by Red tape, SATS!!!

I hate how they have destroyed so many small businesses and offer no support to new fledgling businesses, rates so high and crippling a business destroyed before it starts!

The economy, how they have destroyed it so badly!

Broken society, a new generation of slobs, layabouts, immigrants.

The next generation burdened at birth with a 17k debt courtesy of Gordon.

Inheritance Tax, what a scam, Stamp duty!

What really saddens me is that it will only get worse, no future in this country for the next generation as Labour only looks after immigrants, scroungers the ones who can work but are career benefit claimants, live on handouts, a free for all with no intention of ever working. This is a culture that will spread to one geneation to the next.

I could go on all night!!

A. Best Answer: Top up fees are awful! I am being taxed (basically) for trying to get an education that will allow me to get a better job, and therefore benefit the economy more than if I worked in a corner shop or call centre. The economy also means that a lot of my friends who have just left school or uni are unable to get a job, and are basically being shoved on job seekers, with no help to find a job, and no help to find further training.

Thanks to Labour wanting everyone, academically talented or not, to go to university, plenty of people who get good grades can't get in because there isn't enough space, whilst local collages close due to lack of funding, and kids who should be in college are doing university courses in things like IT management or media studies, when it would be much better if this money was spent on having more people in academic subjects that are not just glorified college courses, like physics, maths, history etc. I know the expansion of universities was started by the Tories, but Labour have taken it to extremes.

A severe lack of affordable homes means that I am looking at having to pay over £100 a week just to rent one room in a house, instead of being able to put down a deposit on a flat or small house. I know bankers on £40k a year who are 30 years old and still live with their parents because they're still paying off their student debt, and after tax they can't afford to buy a house in or around London - so how are others who are less well off supposed to find housing?

I went to a school where there was one history book between four, no science text books for months, and a 'temporary' building that had been there for 80 years, yet the government gave them money for flat screen TVs...someone doesn't have their priorities right I feel. Luckily, I went to the local grammar school - things were even worse at the comprahensives, and at least we got decent grades at the end of it.

My grandfather died recently, but before he died we were looking for a residential (not a care home) home for him to move into because he no longer wished to live on his own. Unfortunately, Labour doesn't care about old people, so not only were there no spaces in local homes, but it would have been impossible for us to get any financial help - meaning this man who fought for his country in the navy, paid taxes all his life, and saved for his old age was unable to afford to live well and decently without having to sell his home, and rely on help from his family. He was also shunted from hospital department to hospital department, being denied treatment that could save his life (not even expensive treatment - just antibiotics for pnumonia) despite him being otherwise healthy and having a high chance of recovery with the right treatment, just because has old - we were told as much by a doctor. It is a disgrace that our old people are treated like this.

Oh, and they've ruined my boxing day by banning fox hunting.

Q. Question? How many zeros in a billion?


This is too true to be funny.

The next time you hear a politician use the
Word 'billion' in a casual manner, think about
Whether you want the 'politicians' spending
YOUR tax money.

A billion is a difficult number to comprehend,
But one advertising agency did a good job of
Putting that figure into some perspective in
One of it's releases.

A.
A billion seconds ago it was 1959.

B.
A billion minutes ago Jesus was alive.

C.
A billion hours ago our ancestors were
Living in the Stone Age.

D.
A billion days ago no-one walked on the earth on two feet.

E.
A billion Pounds ago was only
13 hours and 12 minutes,
At the rate our government
Is spending it.



Cigarette Tax
Corporate Income Tax
Income Tax
Fuel Tax
Petrol/Diesel Tax
Inheritance Tax
(tax on top of tax)
Liquor Tax
Marriage License Tax
Property Tax
Real Estate Tax
Social Security Tax
Road Usage Tax
Local Tax
Vehicle License Registration Tax
Vehicle Sales Tax


STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago...
And our nation was one of the most prosperous in the world.

We had absolutely no national debt...
We had the largest middle class in the world...
And Mom stayed home to raise the kids.

What happened?

A. Best Answer: yeah just like saying it a free country...people cant govern ourself untill we get our rights back

Q. Question?

A. Best Answer: Because Tories only care about themselves. The politics of greed and selfishness. As for the fox hunting ban, he didn't say he would repeal it. He said they would have a free vote on repealing it. And that vote would result in the ban staying, because there are some Tory MPs who actually agree with the ban and voted for it.

Some people should be aware, Inheritance Tax has been around for something like 300 years (200 years older than the Labour Party!) and was in fact introduced by a TORY government. When will you fuckwits stop blaming Brown for everything including the fucking rain you morons!

Q. Question? myself and my (romantic) partner have been together for 4 years, we have decided to buy a house together and fix it up and after a year or two sell it on for profit. it is all my partners money put into buying the house as my partner had a big inheritance. we are going to be splitting the work (the search, the legals, project managing) 50/50 so how should we split the profits? I mean clear profits after paying all legal fees, taxes, renovation costs etc. We are splitting the bills 50/50 while we live there. opinions welcome!
ok some more details: we met when we both owned our own flats. because he had so much equity in his flat we sold his to buy the house. initially i was going to be on the mortgage and we could have done that, but it became a bit complicated with me having my name on 2 mortgages so in the end we went with him being the sole person on the mortgage of the new house. we plan to sell my flat in the summer and maybe do a small studio development perhaps. my partner is now saying i should only get 10% of profits from the sale of the house as it was all his money and all his risk, and i still have my flat (which we have conveniently lived in for the last 7 months, since he sold his flat and we are doing work to the house.)

A. Best Answer: hiya, most of every think your guy will get,because it was his money that bought the house.any think else you should get half of.

Q. Question?

A. Best Answer: You will have to sell the place and pay the tax out of that or re-mortgage it. You should be able to offset any expenses for the sale against the tax due.
Read this and speak to good lawyers in Spain and England.
http://www.spanishinheritancetax.eu/

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