Asset originally paid for out of taxed income is now subject to a 28% - lets waste it on the great unwashed- tax
6 figure sum ffs we should be like Belgium
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Asset originally paid for out of taxed income is now subject to a 28% - lets waste it on the great unwashed- tax
6 figure sum ffs we should be like Belgium
How fortunate for governments that the people they administer don't think -
Another one dumping their BTL portfolio then?Originally posted by Troll View Post
Asset originally paid for out of taxed income is now subject to a 28% - lets waste it on the great unwashed- tax
6 figure sum ffs we should be like Belgium
And when you spend the taxed gain paid for out of taxed income, you will be paying 20% VAT each time. -
You made a profit on a transaction? How dare you, you filthy capitalist scum. Next time you'll be in the gulag with the bankers...Originally posted by Troll View Post
Asset originally paid for out of taxed income is now subject to a 28% - lets waste it on the great unwashed- tax
6 figure sum ffs we should be like Belgium
His heart is in the right place - shame we can't say the same about his brain...Comment
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Still got the BTL's - good London locations & a steady steam of migrants wishing to rent , one had a Romanian couple who wished to leave not realising the concept of giving notice so part of deposit forfeited in lieu, quick spruce up and it was re-let in under 2 weeks to a PoleOriginally posted by DimPrawn View Post
I'm currently disposing of the Northern family home(s) it's actually one building split into 2 so will sell one gift one half of each to missus & then sell one on 5th April and then the other on 7th April so get 4 x CGT allowances .. still 28% is too much!How fortunate for governments that the people they administer don't thinkComment
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PovoOriginally posted by BR14 View PostHow fortunate for governments that the people they administer don't thinkComment
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A poor person, envious of those with wealth, predominately left leaning, Labour voting, with "fairness" as their rallying cryOriginally posted by BR14 View Post
HTHHow fortunate for governments that the people they administer don't thinkComment
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i'm not exactly poor.Originally posted by Troll View Post
but i do dislike arseholes who exploit them for their own gain.
and get smug about it.
so feck you, and the horse you rode in on.
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You are paying tax on the gain, not the total value. So it is not double taxation.Originally posted by Troll View Post
Asset originally paid for out of taxed income is now subject to a 28% - lets waste it on the great unwashed- tax
6 figure sum ffs we should be like Belgium
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