Bugger me interest rates are still on hold.

[devonwoody]

Sod, sod,sod. ?><)^%

 

[RogerS]

You need to 'do an Ashcroft'. Become a non-dom and stop paying tax.

 

[devonwoody]

its legalised robbery,
sod , sod sod.

 

[Dibs-h]

Can't complain - mortgage is base + 0.55% for life - so happy days!

 

[thomvic]

You need to 'do an Ashcroft'. Become a non-dom and stop paying tax.

I think you'll find that he does pay UK tax on his UK income. The whinge is that he doesn't pay UK tax on his income from overseas though he may pay tax in the country where his income is derived,

Richard

 

[StevieB]

I think you'll find that he does pay UK tax on his UK income. The whinge is that he doesn't pay UK tax on his income from overseas though he may pay tax in the country where his income is derived

Which seems a little strange to me. Do we expect UK companies to pay UK taxes on sites in foreign countries? Anyone heard any fuss about Jensen Button, Lewis Hamilton or other mega sports stars residing in Monaco or other similar Tax Havens? Politicians and councils holding money in Icelandic bank accounts because of the decent interest rates returned?

Why should the UK demand tax on income derived from foreign enterprise? Why should donating to a political party change that? The rule was to prevent foreign individuals not registered to vote here purchasing favour or preferential breaks for investing here. Seems to be a bit of a grey area from what I understand of it, nothing illegal has taken place, all parties admit to non-dom funding, its just that those with lower levels of it don't like the fact that other parties get higher levels of it! Somke and mirror arguments and politicking aside, it would be nice if in the run up to this election all parties could concentrate on substantive issues they stand for rather than trying to run down other parties - that applies to all of them, as they are all as bad as each other in this respect :evil:

Steve

 

[Jake]

Those people don't have a seat in our Houses of Parliament.

 

[big soft moose]

Those people don't have a seat in our Houses of Parliament.

neither does Richard Ashcroft

 

[Jake]

Those people don't have a seat in our Houses of Parliament.

neither does Richard Ashcroft

Michael Ashcroft does, though.

 

[Dibs-h]

Those people don't have a seat in our Houses of Parliament.

neither does Richard Ashcroft

Wasn't there some talk of him becoming part of DuffGuv so would have to be given a seat in the Lords - assuming he doesn't already.

 

[devonwoody]

Bugger ashcroft, this is a thread about legalized robbery, inflation fictionalised at 3% and less than 3% mostly available for savings.

My savings never caused the credit crunch, it was those b..........s with mortgages they shouldn't have been given. Now they are getting them even cheaper.

 

[Tom K]

So buy a couple of BTL's and rent them to the DSS then you can sell when the market recovers :lol:
Or set up a gold refining scam Dale can do your ad

 

[big soft moose]

diddums - some of us cant afford to save , or get on the housing ladder so my heart isnt going to bleed for someone whos only getting 3% on their savings.

come to that a lot of people are still worse off and have real problems

 

[devonwoody]

BSM but we are losing savings we cannot replace if retired.

If they can do quantative easing for workers benefits they can do quantative interest rates for pensioners. :wink:

The Bank of England that is, not pollies.

 

[StevieB]

How long do you want to replace them for DW - are you immortal? :wink:

Tis us tax payers who are making contributions for your NHS treatment, free bus pass, heating allowance, free prescriptions and so on. Now we can stop all that so you can get a 3% return on your savings, but you will have to spend that 3% on the things you currently get for free. You have equity in your property, a state pension and as you indicate savings. Tell you what - we can build you a pyramid and bury you with all your posessions for the afterlife. Worked for the Pharaoes until the country went bankrupt, but I guess thats pyramid selling schemes for you!

steve

 

[RogerS]

How long do you want to replace them for DW - are you immortal? :wink:

Tis us tax payers who are making contributions for your NHS treatment, free bus pass, heating allowance, free prescriptions and so on. Now we can stop all that so you can get a 3% return on your savings, but you will have to spend that 3% on the things you currently get for free. You have equity in your property, a state pension and as you indicate savings. Tell you what - we can build you a pyramid and bury you with all your posessions for the afterlife. Worked for the Pharaoes until the country went bankrupt, but I guess thats pyramid selling schemes for you!

steve

Is that tongue-in-cheek, Steve? I hope so as you've ignored the fact that dw and others like him (including myself) have worked for the best part of 40+ years and paid our NI and tax. Lots of it. Now for many of us getting close to retirement, we see a pension fund which (whose?) value has been decimated. With having to purchase an annuity in the next couple of years, the simple answer is that income will be diddly squat. We don't have the luxury of another 30 years employment for everything to rebalance and gain in value.

 

[StevieB]

Is that tongue-in-cheek, Steve?

Yes, as evidenced by the smilie! didn't mean to offend, apologies if it did.

Although on a more serious note, what people pay in taxes now tends to fund services now - what your contributions paid for was the provision for your parents generation, mine pay for my parents genaration and so on. The biggest provision has and will always be on the older generation since they need more care than the younger generation. If the population is not expanding then this works as a scenario provided employment levels are stable. With an expanding population however each generation claims more than it paid (even excluding the effects of inflation). Balancing this equation is a major headache for any government, as evidenced by the recession in Japan of the 90's and now, the debates over healthcare for the elderly now in the UK and so on. Totally agree this is magnified by non-final salary pensions which are at the vagaries of the market conditions at hte time you require an annuity, and so far there is no solution to that other than to decrease services or increase the retirement age. Tis why there is so much anger at both the Goodwins of the world with their millions of pounds of pension pots, and politicians and their profligate waste of public finances.

Steve

 

[RogerS]

diddums - some of us cant afford to save , or get on the housing ladder so my heart isnt going to bleed for someone whos only getting 3% on their savings.

come to that a lot of people are still worse off and have real problems

This is such a crass comment, it beggars belief. It's about as bigoted a viewpoint as some of mine.

 

[RogerS]

..... or increase the retirement age. Tis why there is so much anger at both the Goodwins of the world with their millions of pounds of pension pots, and politicians and their profligate waste of public finances.

Steve

Agree with all above. The drawback of raising the retirement age is that our society is (a) ageist and (b) there aren't the jobs to go round for everyone..

 

[dicktimber]

Well, I considered a *** change on the NHS, so BSM could help fund it...........
Then get myself pregnant, claim for a house, housing benifit,child allowance, taxcredits, council tax paid etc......move to London cos I'd get a mansion
Then make £200,000 by selling my story to News of the World,...go on a Gillian Mckeith show..( cos I need a face lift and that tube stuck up my ar....)
Write a book about IVF, for *** change males....
and live happy ever after..

But the wife said I was talking a load of crap!