Arbtalk 2015 General Election Poll

[skyhuck]

Thats true, but its the exception, not the rule isn't it.

 

Exactly!!!

[Johny Walker]

best thing is to get an accountant thats clued up on these things, to help you keep hold of yr dosh,i paid mine a few £££, & he saved me thousands in cgt,well worth it ,

[skyhuck]

That's true as well but we are talking about family homes not business( buy to let etc)

 

What??? you can inherit a business or buy to lets.

[Richard 1234]

You are with capital gains.

 

 

 

Look I don't like TAX, not any kind of TAX, but I don't get why inheritance is any different to any other TAX.

 

 

 

The arguments put forward so far just hold no water.

 

 

 

I pay income TAX, but then pay VAT when I spend the money, I pay TAX if I get interest if I save the money.

 

 

 

So the idea that we only pay TAX once is unfortunately a joke

 

 

You're right of course it just p******* me off that's all.

[Richard 1234]

What??? you can inherit a business or buy to lets.

 

 

I know you can but I thought we were just talking about family homes I may be mistaken

[eggsarascal]

best thing is to get an accountant thats clued up on these things, to help you keep hold of yr dosh,i paid mine a few £££, & he saved me thousands in cgt,well worth it ,

 

Mum paid a financial advisor and an accountant to tell her where to put her savings and the money from the sale of the house. Saved me and my brothers our inheritance. Basically if you need full time care the state will clear your bank account even though you have paid in all your life. Like I said before it takes the piss.

Edited April 14, 2015 by eggsarascal

[Richard 1234]

All this boils down to their being too few houses making house prices bonkers. If there were enough homes then most families would not be paying this tax.

[skyhuck]

All this boils down to their being too few houses making house prices bonkers. If there were enough homes then most families would not be paying this tax.

 

Very true.

[Wood wasp]

All this boils down to their being too few houses making house prices bonkers. If there were enough homes then most families would not be paying this tax.

 

 

Or too many people

[Mark Bolam]

Or too many people doing too little.

 

 

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