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Executive Sadman

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Everything posted by Executive Sadman

  1. iht imo is about the furthest you can get from double taxation in a tax. VAT is tax on spending money that has already been taxed. The same person pays that tax, ergo it could be argued he has paid tax twice on that money...double taxation. IHT isnt double taxation because the beneficiary is a different entity to the person who has earned it and paid tax on it. Personally I'd treat IHT as the same as any other income the beneficiary recieves.
  2. Leaflet I was handed today told me 790,000 jobs will be created by us staying in the EU by 2030. When I said to the old chap handing them out "thats about 3 years of EU economic migrants, so what about jobs for the following 11 years of EU immigrants' his reply was "thats a good question, I don't know. But you should vote to remain anyway" The remain drones are going to have to up their propaganda game if thats the best they can do.
  3. Used to go with my dad about 10 or 15 years ago to watch football at loftus road. Parked on what is now the Westfield site. My main impression of the area was traffic traffic and more traffic. I think one saturday it took us 3 hours to get from the BBC to the westway a couple hundred feet away. Lots of road rage, shouting from pedestrians, cyclists, motorists, constantly expected someone to get stabbed. But after lots of shouting everyone just went their own way . Also a chap I knew had a flat in shepherds bush but refused to call it shepherds bush, instead referring to it as 'west kensington' Always seemed a bit of a dump. Litter all over the place, over-crowded streets. People on edge. But I guess thats London.
  4. France has mass unemployment, Dutch households more indebted than the UK, and the Krauts have invested much of their export surplus in Southern Euro countries with somehow worse demographics than themselves. Then again, longer term, all economic problems will pale into insignificance when the Muslims begin to wield serious voting power.
  5. France has mass unemployment, Dutch households more indebted than the UK, and the Krauts have invested much of their export surplus in Southern Euro countries with somehow worse demographics than themselves. Then again, longer term, all economic problems will pale into insignificance when the Muslims begin to wield serious voting power.
  6. They're operating like a bank. Concentrate on short term commissions and revenues, the furture is someone elses problem. Which is no surprise given many of them are from banking, want a non-exec position in banking, and receive most their advice from the same banksters who cause recessions. Works, too. Everyone seems to think Ken Clarke was a good chancellor. Realty is he was a caretaker chancellor. All the difficult decisions had to be taken by Lamont, who everyone thinks was an awful chancellor.
  7. http://www.thedailymash.co.uk/news/international/man-voting-to-stay-in-eu-because-he-thinks-hes-sophisticated-20160422108212 Man voting to stay in EU because he thinks he’s sophisticated
  8. When I was in a student flat, the ventilation was so bad, the humidity so high, the only combination that seemed to work was window open + heating on full blast. It its some newish flat with insufficient ventilation, perhaps this is the problem.
  9. I guess if you like the smell of diesel fumes, its a bargain.
  10. Only the BBC could be as despicable as to say 'migration crisis easing' on pretty much the same day that 500 drown in the med.
  11. Depends if they are legal immigrants or not. Lots of these TV shows following border agents investigating beds in sheds find illegals paying half or more of their 'salaries' to provide accommodation. Here legally, perhaps you are right. But illegally and anything goes.
  12. All about the yield my friend. 5% yield at 300k is 15k a year. Easy to find a few immigrants putting in a couple hundred quid a month to fund things.
  13. All about the yield my friend. 5% yield at 300k is 15k a year. Easy to find a few immigrants putting in a couple hundred quid a month to fund things.
  14. Due to Brexit. Not due to 50,000+ EU immigrants pouring in each month wanting work. Apparently. No, that would make too much sense.
  15. my memory failed my. It was 60k. Truly palatial in comparison though.. http://www.rightmove.co.uk/property-for-sale/property-43932605.html
  16. I think another (larger) telephone exchange further up the a1 went to auction a few months back, guide 25k. No planning. This one appears to have got it on appeal. ALready a bed in there. shows the desperation for somewhere to live. I've noticed a number of places with people living in them with no permission coming up for sale. heres an 'outbuilding' http://www.rightmove.co.uk/property-for-sale/property-41358309.html
  17. Im not sure where he gets the idea teaching is a respectable profession. All the teachers I know had big ideas to make something of themselves in their 20s, realized it isnt all that easy, and just ended up teaching. It seems a repository for people who just like the idea of long holidays and a good pension. They know they arent going to make big bucks. But for the effort, theres not much a better proposition. Its my plan B, anyway
  18. Maybe i'm being sentimental, but it seems to me a beautiful and pure thing, that a business, in this day and age, is being honest. Capping what it takes in, ending new business, running things down in an orderly fashion, and accepting a future market has no place for it. One might say its honest, old fashioned textbook capitalism. Compare to the big banks who would likely just ponzi to infinity, build growth on short term volumes rather than long term quality and let the taxpayer pick up the tab when it all goes wrong.
  19. It was funny watching about 10 years or so ago the rationale they used to justify why forcing more people into uni was socially good...their reasoning being 'graduates pay more tax, therefore uni will pay for itself as more higher taxpayers will exist' No mention on why they pay more tax...like their scarcity makes them worth more. Make everyone a grad and suddenly the premium employers pay for a degree goes right down. Most people I talk to nowadays simply dont cite higher earning ability as a reason for going. They know its ********. They say its a 'social experience' Frankly, you can get the same experience working part time and house sharing with people your age rather than going to uni. Some people say it 'but broadens your mind and worldview' But having done business/economics, I cant say I noticed that. Maybe its different for some subjects, although with all the safe space nonsense going around, I highly doubt that too. Universities look more and more like concentration camps of unpaid labour where your behaviour is highly monitored and if you have a ***** you are probably seen as a rapist. Its actually beginning to repulse me every time I see new student flats go up.
  20. Maybe its been answered already, but what if I buy a property to live in, decide not to sell it, but rent it out, and then buy a house to live in? Is the additional SDLT overlooked? Applied to what I paid for it in the past? Indexed for inflation or HPI? Apparently my uncle used to flip properties in the 80s quite frequently (ie every year) and would change which he said was his primary residence every time he sold one. After about 7 years of doing this they told him to stop it or he'll get taxed on the profit. I guess strictly speaking if you were only flipping one at a time (as he did), you could alternate which is your prime residence without being lying (even if it was only the prime residence for a month or so), but the IR/HMRC didnt take kindly to it.
  21. Right. Farage has an inside man at every shady law firm in Latin America. zzzz.
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