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BS: CGT trap for separating couples!

Nigel Parsons 07 Jan 21 - 12:24 PM
Raggytash 07 Jan 21 - 11:05 AM
Bonzo3legs 07 Jan 21 - 11:02 AM
Bonzo3legs 07 Jan 21 - 10:55 AM
Nigel Parsons 05 Jan 21 - 11:35 AM
Bonzo3legs 04 Jan 21 - 11:17 AM
Bonzo3legs 23 Dec 20 - 03:23 PM
Mr Red 23 Dec 20 - 08:27 AM
McGrath of Harlow 22 Dec 20 - 05:04 AM
Bonzo3legs 21 Dec 20 - 12:16 PM
The Sandman 20 Dec 20 - 03:28 PM
punkfolkrocker 20 Dec 20 - 01:10 PM
Bonzo3legs 20 Dec 20 - 12:50 PM
Backwoodsman 20 Dec 20 - 12:49 PM
punkfolkrocker 20 Dec 20 - 12:30 PM
The Sandman 20 Dec 20 - 12:07 PM
Backwoodsman 20 Dec 20 - 11:45 AM
punkfolkrocker 20 Dec 20 - 11:05 AM
Bonzo3legs 20 Dec 20 - 10:05 AM
The Sandman 20 Dec 20 - 09:28 AM
Steve Shaw 20 Dec 20 - 08:58 AM
The Sandman 20 Dec 20 - 08:06 AM
Bonzo3legs 20 Dec 20 - 07:17 AM
Steve Shaw 20 Dec 20 - 06:50 AM
The Sandman 20 Dec 20 - 06:28 AM
The Sandman 20 Dec 20 - 06:20 AM
Bonzo3legs 20 Dec 20 - 05:29 AM
Backwoodsman 20 Dec 20 - 05:06 AM
Bonzo3legs 20 Dec 20 - 04:41 AM
The Sandman 20 Dec 20 - 04:35 AM
Bonzo3legs 20 Dec 20 - 04:04 AM
Bonzo3legs 20 Dec 20 - 03:28 AM
The Sandman 20 Dec 20 - 03:15 AM
punkfolkrocker 19 Dec 20 - 10:33 PM
Bonzo3legs 19 Dec 20 - 06:57 PM
Steve Shaw 19 Dec 20 - 06:47 PM
Bonzo3legs 19 Dec 20 - 04:50 PM
Jos 19 Dec 20 - 04:32 PM
punkfolkrocker 19 Dec 20 - 03:35 PM
Bonzo3legs 19 Dec 20 - 02:54 PM
Bonzo3legs 19 Dec 20 - 02:50 PM
Bonzo3legs 19 Dec 20 - 02:48 PM
Rain Dog 19 Dec 20 - 12:50 PM
punkfolkrocker 19 Dec 20 - 10:02 AM
The Sandman 19 Dec 20 - 06:53 AM
Bonzo3legs 19 Dec 20 - 03:49 AM
Raggytash 18 Dec 20 - 05:23 PM
Steve Shaw 18 Dec 20 - 05:16 PM
Raggytash 18 Dec 20 - 04:41 PM
Jos 18 Dec 20 - 04:35 PM
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Subject: RE: BS: CGT trap for separating couples!
From: Nigel Parsons
Date: 07 Jan 21 - 12:24 PM

It is better for Chris to pay tax on his actual profit, using method A. If Chris had previously asked to pay tax using method B, he will need to tell HMRC that he wants to change back to paying tax on his actual profit, method A.
Quite right too. Otherwise taxpayers will try to concentrate their claimable expenses in alternate tax years, and swap back and forth between the two systems.


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Subject: RE: BS: CGT trap for separating couples!
From: Raggytash
Date: 07 Jan 21 - 11:05 AM

People who have to file their own tax info have known for months what is required of them. If they fail to return the information then they have to suffer the consequences.

My good lady does it for our son who is self employed and it will be done in full, on time.


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 07 Jan 21 - 11:02 AM

Something worth remembering about the Rent a Room Scheme:

From HMRC guidance note HS223 Rent a room scheme 2020:

If your gross receipts are more than £7,500 you can choose how you want to work out your tax.

Method A
You pay tax on your actual profit – your total receipts less any expenses and capital allowances.

Method B
You pay tax on your gross receipts over the Rent a Room limit – that is, your gross receipts minus £7,500, or £3,750. You cannot deduct any expenses or capital allowances if you choose this method.

So for example:
Chris rents out a room in his own home. The rent is £200 a week plus contributions to heating and light. His gross receipts for 6 April 2019 to 5 April 2020 are £10,600 (£10,400 rent plus £200 for the heating and light).

Chris has expenses of £9,000:

if Chris uses his actual profit, method A, he pays tax on £1,600 (£10,600 minus £9,000)

if Chris uses his gross receipts over the Rent a Room limit, method B, he pays tax on £3,100 (£10,600 minus £7,500)

It is better for Chris to pay tax on his actual profit, using method A. If Chris had previously asked to pay tax using method B, he will need to tell HMRC that he wants to change back to paying tax on his actual profit, method A.


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 07 Jan 21 - 10:55 AM

Do you have any idea how much more time it takes to sort out clients' disgusting little bits of paper and convert into figures suitable to report on their tax returns from a remote location - I can tell you that it can take double the time normally taken in the office. In the past we sit down with the client to sort out queries in an hour or so then finish, we now because of social distancing and lockdown regulations, have to send an email which if we are lucky, is answered a week later.


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Subject: RE: BS: CGT trap for separating couples!
From: Nigel Parsons
Date: 05 Jan 21 - 11:35 AM

HMRC confirmed today - no extension to tax return deadline - fuck them.

Isn't that a little harsh?
I assume you're talking about personal income tax returns with a deadline of 31st January 2021.
These are for the tax year ended 5 April 2020. So the taxpayer will have had more than 9 months to get the figures together. If someone has left it this late, it is hardly fair to blame the government.


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 04 Jan 21 - 11:17 AM

Once taxpayers know how much tax is owed, they can set up a payment plan to help spread the cost of their tax liabilities, up to the value of £30,000. They can use the self-serve Time to Pay facility to set up monthly direct debits online. Interest will be applied to any outstanding balance from 1 February 2021.


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 23 Dec 20 - 03:23 PM

HMRC confirmed today - no extension to tax return deadline - fuck them.


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Subject: RE: BS: CGT trap for separating couples!
From: Mr Red
Date: 23 Dec 20 - 08:27 AM

30 years ago I saw stats on UK divorce that were 30% of marriages end that way, and 50% of second marriages.
As one GF long ago opined "people gravitate to the familiar", so if it was wrong first time, it is more likely to be wrong the next time.

but

My latest pair of boots were identical to the pair I was wearing, and the same as the previous ones. How's that for gravitating to the familiar? Partly, I say in my defence - because COVID precludes trying them on, in the cheapo store I frequent. And despite the cheapness, they are water-proof ish. Which was not the case at a supposedly up-market Store at the same price! So gravitate is sometimes an analogue for experience.

I had a really nice biscuit at 11am and I am gravitating..........................


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Subject: RE: BS: CGT trap for separating couples!
From: McGrath of Harlow
Date: 22 Dec 20 - 05:04 AM

"What this means is that you do not pay any tax on interest earned by the Isa!!."

True enough - but the interest you get is hardly worth the effort.

The trouble with most of these things is that the saving you get by searching out the loopholes is liable to be pretty minimal for most people. Big savings only come in if you're loaded, and in no way need the money.

A radical simplification that gets rid of all the loopholes exploited by rich people is needed. I can't see why it couldn't be done. A maximum generic ceiling for the total amount you could save by all of them lumped together could be imposed, and set at a reasonably low figure.


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 21 Dec 20 - 12:16 PM

Anyway, no news yet of any extension of the January 31 deadline for submitting UK tax returns. I dare say we shall be tearing our hair out trying to meet the deadline for all clients, only to be told on 25 January that the deadline has been extended for a month!!!


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 03:28 PM

was that before he went dog doo dah,, ithink bonzo is like the urban spaceman, he doesnt really exist, could he be jim carroll .


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Subject: RE: BS: CGT trap for separating couples!
From: punkfolkrocker
Date: 20 Dec 20 - 01:10 PM

The history of crooked managers, agents, and record company accountants & lawyers...

Keep the young long haired randy oiks distracted with parties, drugs, and groupies;
so they don't think to ask about where their royalties are going...

At some point in his youth, our bonz had to look hard at his guitar,
then decide which side he was on...


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 12:50 PM

Sandman, I do NOT need your pontifications as to how my pension fund should be invested. It is invested to preserve value and to last as long as possible - live with it.


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Subject: RE: BS: CGT trap for separating couples!
From: Backwoodsman
Date: 20 Dec 20 - 12:49 PM

...and ‘the exposure’, don’t forget that! ;-)


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Subject: RE: BS: CGT trap for separating couples!
From: punkfolkrocker
Date: 20 Dec 20 - 12:30 PM

BWM - yeah.. but it's made up for with all the free drugs and groupies...


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 12:07 PM

bonzo , quite wrong if you wish to invest which i do not but you clearly do, invest in something that helps people and that is ethical.how is investing in a vaccine that saves lives unethical
you have not answered nmy question about greyhounds


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Subject: RE: BS: CGT trap for separating couples!
From: Backwoodsman
Date: 20 Dec 20 - 11:45 AM

...and we’re still being pestered to play for fuck-all.


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Subject: RE: BS: CGT trap for separating couples!
From: punkfolkrocker
Date: 20 Dec 20 - 11:05 AM

Remember the musicians wanted ads in the back of Melody Maker and the NME back in the early 70s..

"No Bread Heads"...


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 10:05 AM

Investing in vaccination companies is just cashing in on a bad situation!!


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 09:28 AM

Steve , you can invest money ethically ,but you have to be in control of your investment to do so,
alternatively you can spend your money or even give it away, that is called philanthopy,
you do not have to invest ,but if you do , for example, right now you could invest your money in vaccination companies or companuies that make mask or sanitiser all relatively harmless


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Subject: RE: BS: CGT trap for separating couples!
From: Steve Shaw
Date: 20 Dec 20 - 08:58 AM

Let's all just accept that we all have to breathe the polluted air and just do our best with a conscience. Your concertina reeds contain copper, Dick. Do you know where it was mined and by whom?

I once (and only the once) went out with a vegan. She spent much of the evening berating people who had anything at all to do with animal products of any kind. I pointed out to her that the beer I'd bought her had probably been clarified with fishgut finings, and then I asked her about her leather shoes...

Oh well, I didn't like her much anyway...


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 08:06 AM

bonzo, when you have to start insulting people you have lost the argument
,Steve, i am not advising you to put your money anywhere, that is your decision
i am saying that if i was to invest, i would consider the morality of investing in certain industries. the only financial advice i would give is to make the judgement oneself, and to take in to account ethics as well as the financial safety of the investnent .
there are plenty of crooks and con men and financial advisers, these same fincial advisers are not there when their advice turns out to be crap
Bonzo, this morning i have painted and cut some wooden sheets and put some insulation up ,what have you done, Bonzo
BONZO would you be happy to invest your money if it showed a good profit in companies that carry out experiments on animals ,particulasrly dogs? Or in greyhound breeding [if it showed a good profit] knowing what happens to greyhounds that are not good enough at racing. for once just answer the question


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 07:17 AM

You are talking absolute fucking rubbish as usual Sandman, hasn't your wife got any chores for you to do???


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Subject: RE: BS: CGT trap for separating couples!
From: Steve Shaw
Date: 20 Dec 20 - 06:50 AM

Think I'll just stuff my dough under the mattress then, Dick...

Some of the most ethical investments can be made with Sharia-compliant companies. For example, they never invest your money in gambling, pornography, alcohol or tobacco companies and they don't speculate in extreme-risk investments of any kind. They pay "expected-profit" rates rather than interest (same thing in effect) and, for small to moderate savers, offer some of the best returns. New products are carefully vetted by a supervisory board before they are offered to savers to ensure that they are Sharia-compliant. Like other savings accounts, they are protected by the FSCS. Not just for Muslims, either!


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 06:28 AM

putting aside for one moment the morality of not knowing what you are investing in,
it is not fincially prudent as backwoodsman suggests to invest in a private pernsion scheme ,look atthe amonut of people who hav lost their money and savings when there has been a slump. i would not trust bonzos so called financial adviser s for one minute, it seems like some unfortunate investors got their karma


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 06:20 AM

NO I am talking about morals and ethics and knowing what your investments are and not just considering making money but considerring whether your investments are ethical. if you do not know whay your investments are you have no control morally or financially.
Bonzo i had boxing lessons i was never beaten up
Bsckwoodsman
i paid my tax. paid my stamps, a state pension is my entitlement. people who boast on this forum about how much money their investments make are greedy.
stop muddying the waters, nobody is [apart from you discussing prudence] my idea about having moral considerations when investing money are not stupid, they are ethical if bonzo considers ethics stupid that tell us a lot about Bonzo
.Ballad of Accounting
Ewan MacColl, Peggy Seeger
In the morning we built the city
In the afternoon walked through its streets
Evening saw us leaving
We wandered through our days as if they would never end
All of us imagined we had endless time to spend
We hardly saw the crossroads and small attention gave
To landmarks on the journey from the cradle to the grave,
Cradle to the grave, cradle to the grave
Did you learn to dream in the morning?
Abandon dreams in the afternoon?
Wait without hope in the evening?
Did you stand there in the traces and let 'em feed you lies?
Did you trail along behind them wearing blinkers on your eyes?
Did you kiss the foot that kicked you, did you thank them for
Their scorn?
Did you ask for their forgiveness for the act of being born,
Act of being born, act of being born?
Did you alter the face of the city?
Make any change in the world you found?
Or did you observe all the warnings?
Did you read the trespass notices, did you keep off the grass?
Did you shuffle up the pavements just to let your betters pass?
Did you learn to keep your mouth shut, were you seen but never heard?
Did you learn to be obedient and jump to at a word,
Jump to at a word, jump to at a word?
Did you demand any answers?
The who and the what and the reason why?
Did you ever question the setup?
Did you stand aside and let 'em choose while you took second best?
Did you let 'em skim the cream off and give to you the rest?
Did you settle for the shoddy and did you think it right
To let 'em rob you right and left and never make a fight,
Never make a fight, never make a fight?
What did you learn in the morning?
How much did you know in the afternoon?
Were you content in the evening?
Did they teach you how to question when you were at the school?
Did the factory help you, were you the maker or the tool?
Did the place where you were living enrich your life and then
Did you reach some understanding of all your fellow men,
All your fellow men, all your fellow men?
Source: Musixmatch
Songwriters: Ewan Maccoll
Ballad of Accounting lyrics © Figs D Music, Stormking Music Inc


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 05:29 AM

Absolutely, Sandman reminds me of a boy at school whose equally stupid ideas caused him to be frequently beaten up!!!


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Subject: RE: BS: CGT trap for separating couples!
From: Backwoodsman
Date: 20 Dec 20 - 05:06 AM

Anyone who has an occupational or private pension scheme has ‘investments’. That’s not ‘greed’, it is prudence - individuals saving in an investment scheme to provide themselves with an income in retirement, and thus avoiding the possibility of becoming a burden on the Benefits System (State Pension excluded).


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 04:41 AM

Planning the timing of expenditure on fixtures, fittings, plant and equipment carefully can ensure clients make the most of the current temporary increase to Annual Investment Allowance (AIA) to claim a 100% tax deduction.

The 100% Annual Investment Allowance amount for expenditure on plant and machinery was temporarily increased from £200,000 to £1 million between 1 January 2019 and 31 December 2020, and was due to revert back to £200,000 from 1 January 2021 onwards. However, the government announced on 12 November 2020 that, to stimulate investment in UK manufacturing and support business confidence, the expiry date for the £1 million annual allowance will be extended by a further year to 1 January 2022.

The extension to the temporary increase of the AIA to 1 January 2022 is a welcome incentive to support and encourage businesses investing in plant and machinery, particularly during this uncertain period. By extending the limit for a further period, businesses can plan their capital expenditure over the next year to maximise the 100% tax relief available for qualifying expenditure.

So buy your new plant before 01/01/22 and you stand to save up to £152,000 in tax if a company and more if a sole trader!!!


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 04:35 AM

no i do not , my motives are not just greed, someone who boasts about their investments are greedy and those whose main consideration is making money for the sake of it are generally speaking without any moral consideration on how their investment has an effect on other communities,
when you talk to your investment advisor. bonzo his considerations are purely making money for you, nothing else, no moral considerations, you Bonzo are a money grabbing person.


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 04:04 AM

We have twice yearly meetings with our investment advisor - now on Zoom of course, and even in this unusual year he has maintained fund growth   even after monthly draw-downs!!!

You see Sandman, you do need a good investment advisor!!!


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 20 Dec 20 - 03:28 AM

Every penny of course.


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 20 Dec 20 - 03:15 AM

if i had money to invest , i would want to know what it was being invested in ,
if a person does not do that their money could be invested in the armaments industry or monsanto.
i have more respect for people like dolly parton who use their money to help others.
money is a tool it is not something to worship.
people who boast about what their money is invested in, are    selfish people whose consideration is not the ethics of their investment., but how much it yields
bonzo do you know what your money is invested in, that is provides the amount you boats about


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Subject: RE: BS: CGT trap for separating couples!
From: punkfolkrocker
Date: 19 Dec 20 - 10:33 PM

I'm gonna have to start looking at those "write off most of your debts - legal govt scheme" pop up ads...


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 19 Dec 20 - 06:57 PM

The yield on my pension fund averages out at 7%.


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Subject: RE: BS: CGT trap for separating couples!
From: Steve Shaw
Date: 19 Dec 20 - 06:47 PM

ISAs have lost their lustre ever since the government gave us all a £1000 tax-free savings interest allowance. In fact, many companies who used to offer 5-year fixed rate ISAs no longer offer them. You'd have to have massive savings at today's ultra-low interest rates to reach that £1000 threshold, so those ISAs just aren't worth it. Mrs Steve and I have a five-year fixed rate ISA each which are earning 2.3%. Beat that!


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 19 Dec 20 - 04:50 PM

Nothing like stating the obvious!!!


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Subject: RE: BS: CGT trap for separating couples!
From: Jos
Date: 19 Dec 20 - 04:32 PM

"Everyone can take advantage of their annual tax-free Isa allowance."

They can only do that if they have any money left, after paying for their daily needs such as housing, heating in winter, and food.


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Subject: RE: BS: CGT trap for separating couples!
From: punkfolkrocker
Date: 19 Dec 20 - 03:35 PM

see what I mean...


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 19 Dec 20 - 02:54 PM

Capital gains of up to £12,300 are tax-free in 2020-21. Married couples and civil partners who own assets jointly can claim a double allowance of £24,600. Remember, if you don't use the allowance within the tax year, it's lost forever. You can't add your tax-free allowances together for different years.

So that means a potential tax saving of £3,444 for an individual, and £6,888 for a married couple!!


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 19 Dec 20 - 02:50 PM

Everyone can take advantage of their annual tax-free Isa allowance. For the 2020-21 tax year, you can deposit up to £20,000 into Isa accounts. This is unchanged from 2019-20. This can all be put in a cash Isa, a stocks and shares Isa, or split between both cash and stocks and shares.

What this means is that you do not pay any tax on interest earned by the Isa!!


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 19 Dec 20 - 02:48 PM

Marriage allowance is a tax perk that benefits couples where one partner earns less than the personal allowance. If you're married or in a civil partnership, you can transfer any unused personal allowance from the lower-earning partner to the higher earner. Up to £1,250 can be transferred in 2020-21, potentially saving you up to £250. To qualify, the higher earner must be a 20% taxpayer.


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Subject: RE: BS: CGT trap for separating couples!
From: Rain Dog
Date: 19 Dec 20 - 12:50 PM

I thought I had read a few years ago that the UK tax regulations ran to 11,000 pages.A quick search came up with an article from 2015 saying it was 17,000 pages. The same article said Hong Kong regs were 276 pages.

I think we can all agree that the UK regs could be shorter


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Subject: RE: BS: CGT trap for separating couples!
From: punkfolkrocker
Date: 19 Dec 20 - 10:02 AM

Tax and benefit laws should not be made so deliberately over complex,
that loopholes exist in the first place...

But it's a self perpetuating problem, devised and maintained for the benefit
of legal and accountancy professions...

They gain too much much profit and social status
to allow rational simplifying changes to their entrenched 'traditional' beurocratic system...


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Subject: RE: BS: CGT trap for separating couples!
From: The Sandman
Date: 19 Dec 20 - 06:53 AM

i paid contributions and tax


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Subject: RE: BS: CGT trap for separating couples!
From: Bonzo3legs
Date: 19 Dec 20 - 03:49 AM

"What is not beyond reproach is multimillionaires hiring armies of accountants who strive to find loopholes in the law and/or who put their clients' wealth into tax havens, or who minimise their tax liability via being a non-Dom."

Absolutely right.


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Subject: RE: BS: CGT trap for separating couples!
From: Raggytash
Date: 18 Dec 20 - 05:23 PM

I should add that she has also been denied 6 years of retirement.

Not having to get up a silly o'clock to drive 100 miles to attend a meeting and then drive 100 miles back home and then to have to do a full days work.

Not having the "luxury" of saying I don't HAVE to do anything today so I'm going to sit the settee and scratch me arse.

Not having the "luxury" of deciding to do whatever she chooses.


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Subject: RE: BS: CGT trap for separating couples!
From: Steve Shaw
Date: 18 Dec 20 - 05:16 PM

If you are savvy enough to minimise your tax liability via the laws of the land, that's what you're expected to do and that's beyond reproach. What is not beyond reproach is multimillionaires hiring armies of accountants who strive to find loopholes in the law and/or who put their clients' wealth into tax havens, or who minimise their tax liability via being a non-Dom. The squabbles in this thread represent, par excellence, divide-and-rule. Let's not let that happen here.

I often refer to John Seymour, the self-sufficiency guru who wasn't exactly a lefty. His view was that income tax was evil. You're taxing people's efforts, their blood, sweat and tears. What a disincentive that is. Instead, he was an advocate of a graduated land tax. The people with real power are the big landowners and big landlords. Their power needs to be staunched, and the biggest landowners should take the biggest hits. In his book Bring Me My Bow, he set out how he saw his tax working. The upshot, he said, was that the few massive landlords would shed their assets so quickly under the punitive land tax regime that we would soon become a nation of millions of landlords, each owing a piece of land appropriate to their needs and to what they could usefully get from that land to make a decent living. You'd have to work damned hard to make your parcel of land pay, and that would be good both for you and for the environment. Plenty of flaws with the notion that you don't need to tell me about, but I'd far sooner think outside the box that way than accuse fellow non-millionaire Mudcat members of causing poverty or NHS failings. Wrong target, in m'humble.


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Subject: RE: BS: CGT trap for separating couples!
From: Raggytash
Date: 18 Dec 20 - 04:41 PM

I defer to your greater knowledge Jos.

However I doubt if over the remainder of her life she will pick up the £51,000.


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Subject: RE: BS: CGT trap for separating couples!
From: Jos
Date: 18 Dec 20 - 04:35 PM

I think you may find that the 'full state pension' paid to those who retired at 60 is considerably less than £164.35 a week.
If not, I have been underpaid for years.


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Mudcat time: 16 April 12:27 PM EDT

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