| Ode to the taxman 09:55 - Feb 10 with 460 views | Boundy |
The inheritance tax.
Accounts Receivable Tax
Airline surcharge tax
Airline Fuel Tax
Airport Maintenance Tax
Building Permit Tax
Cigarette Tax
Cooking Tax
Corporate Income Tax
Goods and Services Tax (GST)
Death Tax
Driving Permit Tax
Environmental Tax (Fee)
Excise Taxes
Income Tax
Fishing License Tax
Food License Tax
Petrol Tax (too much per litre)
Gross Receipts Tax
Health Tax
Heating Tax
Inheritance Tax
Interest Tax
Lighting Tax
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Mortgage Tax
Pension Tax
Personal Income Tax
Property Tax
Poverty Tax
Prescription Drug Tax
Real Estate Tax
Recreational Vehicle Tax
Retail Sales Tax
Service Charge Tax
School Tax
Telephone Tax
Value Added Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Water Tax
Workers Compensation Tax
Tax (VAT) on Tax.
And Now they want a blooming Carbon Tax!
STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, & our nation was one of the most prosperous in the world... We had absolutely no national debt, had a large middle class,a huge manufacturing base, and Mum stayed home to raise the kids.
What in the Hell happened? Could it be the lying parasitic politicians wasting our money? |  |
| "In a free society, the State is the servant of the people—not the master." |
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| Ode to the taxman on 10:52 - Feb 12 with 288 views | union_jack |
Capital Gains Tax?
Question for everyone: Do you pay CGT on your domestic property on sale?
Let me know! |  |
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| Ode to the taxman on 15:15 - Feb 12 with 261 views | Boundy |
| Ode to the taxman on 10:52 - Feb 12 by union_jack |
Capital Gains Tax?
Question for everyone: Do you pay CGT on your domestic property on sale?
Let me know! |
Sorry I don't know. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Ode to the taxman on 15:44 - Feb 12 with 236 views | Whiterockin |
| Ode to the taxman on 10:52 - Feb 12 by union_jack |
Capital Gains Tax?
Question for everyone: Do you pay CGT on your domestic property on sale?
Let me know! |
Not if it is your main residence because you get private residence relief as a general rule. Still best to check because outside factors could influence this. |  | | |
| Ode to the taxman on 15:54 - Feb 12 with 228 views | union_jack |
Just to clarify, I know what I need to know, I’m not asking for advice . I’m just posing the question to see what people’s replies are. | |
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| Ode to the taxman on 15:56 - Feb 12 with 222 views | union_jack |
| Ode to the taxman on 15:44 - Feb 12 by Whiterockin |
Not if it is your main residence because you get private residence relief as a general rule. Still best to check because outside factors could influence this. |
Would you like to elaborate? Your reply is what nearly everybody would say, even my accountant! | |
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| Ode to the taxman on 16:22 - Feb 12 with 215 views | SullutaCreturned |
They tax us and they tax us
They tell us to pay more
But they put so much on expenses
So we have learned the score
We know we're being ripped off
We know it's us who pays the price
They think we are too stupid
to see tney tax us twice
They tax us til the pips squeak
then they tax us some more
they waste our money every day
then they tell us we are poor
We can't afford this or that
we can't afford very much
but when it's something THEY want
the public purse is an easy touch
So learn the lesson everyone
remember who you voted in
and make yourself a promise
to not be fooled again. | | | |
| Ode to the taxman on 17:44 - Feb 12 with 190 views | union_jack |
| Ode to the taxman on 15:44 - Feb 12 by Whiterockin |
Not if it is your main residence because you get private residence relief as a general rule. Still best to check because outside factors could influence this. |
OK, here’s the answer.
Firstly, and more well known is that if you use your home for business activity, then the portion of the house used can attract tax relief but on sale will be subject to CGT.
Secondly, and not a lot of people know this, if your house has more than 0.5 Ha of land then you may be forced to pay CGT . You’d have to prove that the extra amount of land is ‘enjoyed by the property’ in other words it would be necessary in the sale of the property.
This is one of the most random taxes I know of. Why 0.5 Ha? Why get penalised for having a large garden.
It is incumbent on the homeowner to declare this of course but how many would know. When I sold my house, I had no idea of the tax. My accountant didn’t either but it was picked up rather unfortunately by HMRC who I then had to fight by engaging a specialist lawyer and coming up with everything I could. Luckily, I won but if I’d lost it would have been a bill in excess of £100k.
BÄRSTARDS, | |
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| Ode to the taxman on 18:12 - Feb 12 with 176 views | howenjack |
https://www.dailymail.co.uk/news/article-14388727/Fears-Rachel-Reeves-hike-taxes
Kevin Gillett, now retired, who was Director of Banking at Lloyd's HBOS wrote on social media recently.
'In 2009 Rachel Reeves was 3 levels below me.
She was a Complaints Support Manager NOT an Economist.
She nearly got sacked due to an expenses scandal when Managers were found to have been signing off each others expenses.
She then had lots of doctor and dental appointments and so was followed.
It turned out she was doing Labour Party business.
When confronted, she resigned'.
Mr Gillett asked for this to be shared with as many people as possible. | | | |
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| Ode to the taxman on 18:28 - Feb 12 with 155 views | union_jack |
| Ode to the taxman on 18:12 - Feb 12 by howenjack |
https://www.dailymail.co.uk/news/article-14388727/Fears-Rachel-Reeves-hike-taxes
Kevin Gillett, now retired, who was Director of Banking at Lloyd's HBOS wrote on social media recently.
'In 2009 Rachel Reeves was 3 levels below me.
She was a Complaints Support Manager NOT an Economist.
She nearly got sacked due to an expenses scandal when Managers were found to have been signing off each others expenses.
She then had lots of doctor and dental appointments and so was followed.
It turned out she was doing Labour Party business.
When confronted, she resigned'.
Mr Gillett asked for this to be shared with as many people as possible. |
Trustworthy. Not! | |
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| Ode to the taxman on 18:33 - Feb 12 with 140 views | max936 |
| Ode to the taxman on 17:44 - Feb 12 by union_jack |
OK, here’s the answer.
Firstly, and more well known is that if you use your home for business activity, then the portion of the house used can attract tax relief but on sale will be subject to CGT.
Secondly, and not a lot of people know this, if your house has more than 0.5 Ha of land then you may be forced to pay CGT . You’d have to prove that the extra amount of land is ‘enjoyed by the property’ in other words it would be necessary in the sale of the property.
This is one of the most random taxes I know of. Why 0.5 Ha? Why get penalised for having a large garden.
It is incumbent on the homeowner to declare this of course but how many would know. When I sold my house, I had no idea of the tax. My accountant didn’t either but it was picked up rather unfortunately by HMRC who I then had to fight by engaging a specialist lawyer and coming up with everything I could. Luckily, I won but if I’d lost it would have been a bill in excess of £100k.
BÄRSTARDS, |
We putting our parents house up for sale soon, I suppose that'll require a CGT payment, thieving swines. |  |
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| Ode to the taxman on 18:36 - Feb 12 with 132 views | union_jack |
| Ode to the taxman on 18:33 - Feb 12 by max936 |
We putting our parents house up for sale soon, I suppose that'll require a CGT payment, thieving swines. |
No, depending on the value it’ll be IHT. | |
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| Ode to the taxman on 18:39 - Feb 12 with 119 views | max936 |
| Ode to the taxman on 18:36 - Feb 12 by union_jack |
No, depending on the value it’ll be IHT. |
Cheers Uni. | |
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| Ode to the taxman on 19:07 - Feb 12 with 102 views | union_jack |
| Ode to the taxman on 18:39 - Feb 12 by max936 |
Cheers Uni. |
I was assuming this was recently inherited. It may be different if you’ve owned the house for some time though where you may be liable to CGT. I’m not sure on that or timescales so you’d need to see an accountant or lawyer for the definitive answer. | |
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