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House Price Crash Forum

scb

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About scb

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  1. Doesn’t surprise me. Local council “furloughed” the people in the council tax department last year so you couldn’t get through to them if you had an issue/request. Why? The same number of people still had to pay council tax, if anything call would have surely gone up with people unable to pay. Also had a friend who couldn’t get parts he needed for work because his supplier had furloughed people. So they had work but still furloughed people. Surely the point of furlough was if there was no work due to lockdowns you could furlough, not just do it anyway? I bet lots of companies did the
  2. Why? Sold for massive profit. Now mortgage free. That some huge financial freedom. Sure could have waited a bit longer and made more, might have waited and lost. Nobody buys in right at the bottom and sells right at the top, it’s just too unlikely to happen. If someone hits a monetary amount that would make them happy they should sell then.
  3. Yep. When it was dropping and costing me a couple of thousand it didn't matter. Now its 10s of 1000s it a bit scarier. But as I said, its even scarier the thought of it taking off again and leaving me behind. I can now confirm, HODLing is the way to go, less scary!
  4. Bottled it. Bought back in. I have made a whole 0.2 of a bitcoin though! It’s scarier the thought of the price rising and missing out than it is HODLing and the price dropping!
  5. So, just sold 500k of BTC! But I’m not planning to take the gains yet, in just looking at the charts and I’m hoping for a drop and I’ll buy back in. Just hoping this doesn’t turn into a blip and it shoots back up now. TBH even if it does, I’ve still done well out of bitcoin, losing a few £££ here will still see me massively up.
  6. I thought it would be. The taxman wouldn’t let that one slide!
  7. Surely placing the bet is a taxable transaction? If gambling is not a taxable transaction, you sign up for two accounts, you offer odds on an event happening (“lay” it in betting terms) then you take the bet yourself. No liquidity issue as you’re taking your own bets. Okay you pay Betfair their 5% commissions but it beats 20 or 40% CGT. But like I said, the issue is, does placing the bet become a taxable event? This suggests its 5 years. https://www.gov.uk/tax-return-uk
  8. You only pay CGT within 30 days for property. So BTC would be done on an annual SA. Admittedly this is just my layman’s understanding, I’m not an expert so it may be worth confirming either way.
  9. And hope someone will pay him the large sums he’s quoting to look for it and he can run off with the cash. I’m sure there’s some scam going on.
  10. I used to work with the a guy who has worked with this guy previously. Apparently he’s a bullshitter and a fantasist and the phrase “if you’ve been to Tenerife then he’s been to Elevenerife” was made for him. So I’m not convinced there’s much truth in this.
  11. Surely if they ban bitcoin, I go abroad where it’s legal and CGT is zero. Get all my cash, move back to the UK and surely they can’t charge me CGT because it’s illegal in the UK anyway.
  12. Landlords don’t provide credit so no change to your credit rating. As for referencing, you lived with your mum/son/mate/own home that you’d bought so don’t can’t get a reference.
  13. Santander have been doing this for months. So no surprise.
  14. What the hell is the deal with bitcoin cash? Up over 30% in 24 hours.
  15. Having a wife living in the UK and travelling back to see her, even within the allow number of days will mean HMRC will say you have a strong link to the UK and won’t let you all. Good luck with it but my own research suggested it’s not even viable as a single bloke who would want to come back and see family. For me it’s too much risk I could spend 5 years avoiding the UK and they still come after me.
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