Overdriven
Dumpster Fire of The South
- Joined
- Jan 23, 2004
- Messages
- 12,637
Whats yr address dude? Just for. ... erm reasons.Upgraded my 3 month stash of food to 6 months just before lockdown. Extending to a year when I sort out my barn* next week.
*not a proper barn, 10ft by 8ft stone shed, essentially. Need to sort the roof out, been there 400 years but the roof is fucked.
Upgraded my 3 month stash of food to 6 months just before lockdown. Extending to a year when I sort out my barn* next week.
*not a proper barn, 10ft by 8ft stone shed, essentially. Need to sort the roof out, been there 400 years but the roof is fucked.
That was your choice no? You could have a pension instead of two modest properties.Sound like the tories are thinking of aligning CGT with income tax to pay for covid:
Check out this property for sale on Rightmove!
2 bedroom semi-detached house for sale in Britannia Avenue, Nottingham £140,000. Marketed by Yopa, East Midlandswww.rightmove.co.uk
What's the bet they have a ceiling (to protect the rich from paying too much) rather than a floor (which would protect lower-earners and the like).
I'll probably get crucified tbh. Zero pension but all my wealth tied up in two modest properties.
That's on top of them more than doubling my yearly tax bill this year
Man I was fucked last night - don't know why or how I posted that rightmove link.That was your choice no? You could have a pension instead of two modest properties.
Especially not when fraudulent assholes have been gaming the system.Well saving all those old people doesnt come cheap.
Eh what?Especially rankles @Deebs when this is where spend is going:
Governments put 'green recovery' on the backburner
G20 countries aim their pandemic bailout spending at fossil fuel industries, leaving Paris climate change targets in doubtwww.theguardian.com
Man I was fucked last night - don't know why or how I posted that rightmove link.
This is the one:
Rishi Sunak's capital gains tax review may usher in higher taxes on wealthy
Chancellor’s directive to focus on how people escape CGT ‘feels like starting pistol for a tax grab’, says analystwww.theguardian.com
But to answer your question @Deebs - yes it seemed a more sensible choice to not sell my home when I moved in with Tam. Coupled with uncertain and unfixed income. Same when we moved here - saved for a deposit, intend to rent out Tam's place.
Property prices in nottingham are some of the lowest in the country (Tam's 3-bed wouldn't go for the same as the one above) - so hardly astronomical.
I'm not rich by any stretch of the imagination so double whammy of massive tax hike (yet still uncertain employment) followed by a tax grab on stuff I've paid tax on to purchase rankles - especially as I've never been covered by any of the covid safety nets.
Watch out for your pensions though, people who've got them - the talk is that the tories want to abolish the "triple lock" and scrape a fuckton out of there too...
Yes. At 10 or 18% - with a ten grand yearly tax free allowance.Capital Gains Tax was always there for 2nd homes though
Our taxes going to prop up fossil fuel companies rather than on a sustainable green recovery.Eh what?
That's on top of them more than doubling my yearly tax bill this year