My parents inherited nothing but a funeral bill. My mother is still alive so I have inherited nothing. I however have a house which will be divided up amongst my niece and nephews. Many of the next generation will inherit quite a lump sum, maybe a whole house, maybe enough to put down this deposit that I hear is impossible to raise. Are you saying hostafan, that your estate is going to the cats home instead of your children?
My parents inherited nothing but a funeral bill. My mother is still alive so I have inherited nothing. I however have a house which will be divided up amongst my niece and nephews. Many of the next generation will inherit quite a lump sum, maybe a whole house, maybe enough to put down this deposit that I hear is impossible to raise. Are you saying hostafan, that your estate is going to the cats home instead of your children?
No I'm not, but I'd be happy to pay more of towards those who genuinely needed it IF everyone else did the say , ie via taxation.
Typically when people inherit they are 50 or 60+. By that stage in their life they are probably well set up. Should the money go straight through to the generation below it can often be divided many, many ways especially if the children of the deceased have remarried. Taxing inheritance, which is money which has already had tax paid on it, is a complicated matter.
Typically when people inherit they are 50 or 60+. By that stage in their life they are probably well set up. Should the money go straight through to the generation below it can often be divided many, many ways especially if the children of the deceased have remarried. Taxing inheritance, which is money which has already had tax paid on it, is a complicated matter.
the rise in house value is " unearned " and , as such, untaxed. My house has almost doubled in value in 10 years. I've not lifted a finger towards that rise, nor have I been taxed on it.
In France I pay a "social charge" on my pension and people who go to hospital pay for their board and lodging, but they usually take out an insurance to cover it, also we pay roughly 7€ for each visit to a GP but the poorest people are free. Why shouldn't the British pay a bit more for their health and care, but exempt the worst off?
Well wasnt that the point of Nat Ins.? Its just that over the years it’s been swallowed up into the nations accumulated taxation fund rather than being used for its intended purpose and the amount raised by NI bears no relation to the amount spent.
Gardening in Central Norfolk on improved gritty moraine over chalk ... free-draining.
In France I pay a "social charge" on my pension and people who go to hospital pay for their board and lodging, but they usually take out an insurance to cover it, also we pay roughly 7€ for each visit to a GP but the poorest people are free. Why shouldn't the British pay a bit more for their health and care, but exempt the worst off?
Well wasnt that the point of Nat Ins.? Its just that over the years it’s been swallowed up into the nations accumulated taxation fund rather than being used for its intended purpose and the amount raised by NI bears no relation to the amount spent.
The way homes have become investments and fuelled ridiculous property price rises is just immoral.
Before Thatcher sold them all, poorer people could bank on a council place. Now those of us who pay council tax are, via housing benefit , making landlords rich
There plenty of homes and plenty of housing available. The govt refuse to regulate the housing market so value and pricing is crazy. The problem gets solved not by building on every square of green space but working with the stock we have and making much better use of it. It is public good - like water, railways, utlility companies. These and housing stock should be regulated and not flogged for the highest profit for the fewest people, creating a crisis for everyone else. It's a nuts way to run a country.
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My house has almost doubled in value in 10 years. I've not lifted a finger towards that rise, nor have I been taxed on it.
Well wasnt that the point of Nat Ins.? Its just that over the years it’s been swallowed up into the nations accumulated taxation fund rather than being used for its intended purpose and the amount raised by NI bears no relation to the amount spent.
Gardening in Central Norfolk on improved gritty moraine over chalk ... free-draining.
Gardening in Central Norfolk on improved gritty moraine over chalk ... free-draining.
Now those of us who pay council tax are, via housing benefit , making landlords rich
There plenty of homes and plenty of housing available. The govt refuse to regulate the housing market so value and pricing is crazy. The problem gets solved not by building on every square of green space but working with the stock we have and making much better use of it. It is public good - like water, railways, utlility companies. These and housing stock should be regulated and not flogged for the highest profit for the fewest people, creating a crisis for everyone else. It's a nuts way to run a country.