Arbtalk 2015 General Election Poll

[Capetown]

Get your folks to gift you the property,then as long as they live for another 7 years the gift is tax exempt! :t

[skyhuck]

I'm not sure why people feel the state taking a cut when you die is so much worse than taking it while your alive??

[stewmo]

Get your folks to gift you the property,then as long as they live for another 7 years the gift is tax exempt! :t

 

 

As I understand it you will still have to pay the stamp duty on any transfer of ownership - can be a lot of cash to come up with.

[Mountain man]

I'm not sure why people feel the state taking a cut when you die is so much worse than taking it while your alive??

 

Me neither.

[Mark Bolam]

Because it's f-all to do with them?

 

 

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[geoff]

I'm not sure why people feel the state taking a cut when you die is so much worse than taking it while your alive??

 

As Mark said, also why tax those who have been prudent with their money, rather than squandering it?

[eggsarascal]

Because it's f-all to do with them?

 

 

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Tell it how it is why don't ya?

 

People would think differently if they had £200k in an account that the state were trying to get at.

[Richard 1234]

I'm not sure why people feel the state taking a cut when you die is so much worse than taking it while your alive??

 

 

Because the government have already had their tax on it already

[skyhuck]

Because the government have already had their tax on it already

 

Really???

 

So some one bought a house 60 years ago for £5000, its now worth £500,000, and they die, when did they pay the tax?????

[skyhuck]

Tell it how it is why don't ya?

 

People would think differently if they had £200k in an account that the state were trying to get at.

 

You don't inheritance tax on £200K.