 Peasemore family using tax havens, To minimise tax we serfs have to suffer |
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  Apr 21 2012, 10:58 AM
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#1
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Advanced Member  Group: Members Posts: 948 Joined: 11-September 09 From: Thames Valley Member No.: 337  |
Camerloon's late Dad was at it apparently: save his family, a heap in inheritance taxes.
http://www.telegraph.co.uk/news/politics/d...tax-havens.html Yet another nail in the coffin of this weak PM's CV! |
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Apr 21 2012, 11:08 AM
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#2
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Advanced Member Group: Members Posts: 11,902 Joined: 3-September 09 Member No.: 317 |
It could also be an example of what happens when you hit the rich with 'punitive' taxation!
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Apr 21 2012, 11:19 AM
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#3
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Advanced Member Group: Members Posts: 3,414 Joined: 20-November 10 Member No.: 1,265 |
QUOTE (gel @ Apr 21 2012, 11:58 AM)  Camerloon's late Dad was at it apparently: save his family, a heap in inheritance taxes. http://www.telegraph.co.uk/news/politics/d...tax-havens.html Yet another nail in the coffin of this weak PM's CV! Getting £300k from an estate valued (?) at £10m is 'profiting'? Seems to me he was almost excluded!!!! |
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Apr 21 2012, 11:25 AM
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#4
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Advanced Member Group: Members Posts: 1,690 Joined: 16-July 11 Member No.: 6,171 |
I was surprised at that NWN Reader. I guess the spouse had funds set up to hand on her part of the major bit.
Another local lost his appeal to stop trustees selling off his ancestors. Portraits that is... Jarndyce vs Jarndyce all over again. ce. |
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Apr 21 2012, 12:16 PM
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#5
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Advanced Member Group: Members Posts: 1,012 Joined: 22-September 09 Member No.: 357 |
QUOTE (NWNREADER @ Apr 21 2012, 12:19 PM) Getting £300k from an estate valued (?) at £10m is 'profiting'? Seems to me he was almost excluded!!!! His elder brother got 2.5M house, his sisters got 1M house between them and Cameron got £300,000. Seems even his dad didnt think much of him. |
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Apr 22 2012, 01:17 PM
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#6
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Advanced Member Group: Members Posts: 6,056 Joined: 14-May 09 From: Bouvetøya Member No.: 51 |
QUOTE (gel @ Apr 21 2012, 11:58 AM) Camerloon's late Dad was at it apparently: save his family, a heap in inheritance taxes. http://www.telegraph.co.uk/news/politics/d...tax-havens.html Yet another nail in the coffin of this weak PM's CV! and in the same situation you'd cough up the tax........yeah right. |
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Apr 22 2012, 01:46 PM
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#7
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Advanced Member Group: Members Posts: 2,452 Joined: 31-October 10 Member No.: 1,212 |
QUOTE (dannyboy @ Apr 22 2012, 02:17 PM) and in the same situation you'd cough up the tax........yeah right. I agree Dannyboy! The only difference is with Cameron he keeps plugging that we are all in this together and we must all suffer the burden together. Well the poorest in the community are certainly paying their share after the budget, especially the pensioners and disabled etc, the richest have their tax cut from .50p in the pound to .45p and yet still rub the poorest noses in the dirt by hardly paying any taxes on their millions by taking it offshore. So in actual fact we are not all in it together are we?  Still you can't believe a word he says anyway. Before the election he avowed the NHS was safe in Tory hands and there would be no top down reorganisation of the Health Service and what have we ended up with? The largest reorganisation since the Health Service was founded and it is going to cost the taxpayers billions to implement and fund the private companies profits. -------------------- Vexatious Candidate?
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Apr 22 2012, 05:52 PM
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#8
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Advanced Member Group: Members Posts: 3,933 Joined: 14-May 09 From: Newbury Member No.: 55 |
QUOTE (dannyboy @ Apr 22 2012, 02:17 PM) and in the same situation you'd cough up the tax........yeah right. Doesn't make it right. |
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Apr 22 2012, 06:10 PM
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#9
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Advanced Member Group: Members Posts: 3,414 Joined: 20-November 10 Member No.: 1,265 |
When someone dies, does their estate - as long as legally accrued - belong to the State, or the benefactors according to the Will of the deceased?
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Apr 22 2012, 09:13 PM
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#10
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Advanced Member Group: Members Posts: 1,012 Joined: 22-September 09 Member No.: 357 |
QUOTE (NWNREADER @ Apr 22 2012, 07:10 PM) When someone dies, does their estate - as long as legally accrued - belong to the State, or the benefactors according to the Will of the deceased? As long as the will is valid, then probate office gives the authority for the deceased wishes to be honoured. |
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Apr 23 2012, 09:20 AM
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#11
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Advanced Member Group: Members Posts: 6,056 Joined: 14-May 09 From: Bouvetøya Member No.: 51 |
QUOTE (Strafin @ Apr 22 2012, 06:52 PM) Doesn't make it right. So you are in a position to ensure your own childern get the most out of your estate when you die, but instead you do nothing & let the tax man have it? |
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| Guest_jaycakes_* |
Apr 23 2012, 09:56 AM
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#12
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Guests |
Just before I die I will withdraw all my money in cash, sell my house and withdraw that cash and give cash out.
When you die how disrespectful is it to have your wallet raped by the tax-man, who you have been paying out of your ears to, for your whole life already... Over my dead body. |
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Apr 23 2012, 10:06 AM
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#13
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Advanced Member Group: Members Posts: 865 Joined: 8-December 11 From: Not Here anymore! Member No.: 8,392 |
QUOTE (jaycakes @ Apr 23 2012, 10:56 AM) Just before I die I will withdraw all my money in cash, sell my house and withdraw that cash and give cash out. When you die how disrespectful is it to have your wallet raped by the tax-man, who you have been paying out of your ears to, for your whole life already... Over my dead body. But it wont be you who is taxed, it will be the people who inherit, think of it as unearned income, same deal. |
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Apr 23 2012, 10:20 AM
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#14
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Advanced Member Group: Members Posts: 5,064 Joined: 26-May 09 Member No.: 103 |
QUOTE (jaycakes @ Apr 23 2012, 10:56 AM) Just before I die I will withdraw all my money in cash, sell my house and withdraw that cash and give cash out. That is, if you know when you are going to die?  |
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Apr 23 2012, 11:33 AM
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#15
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Advanced Member Group: Members Posts: 1,690 Joined: 16-July 11 Member No.: 6,171 |
There are problems involved in your "Grand Plan". Jaycakes.
Hard to get cash these days. Everyone has to declare something. Under the bed storage for the next 50 years seems the only option. Unless you win the Nigerian Scam. ce. |
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Apr 23 2012, 12:46 PM
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#16
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Advanced Member Group: Members Posts: 3,762 Joined: 14-May 09 Member No.: 56 |
You would need to plan your death seven years in advance. Safest would be to give it away now. How do I apply?
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Apr 23 2012, 12:59 PM
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#17
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Advanced Member Group: Members Posts: 1,690 Joined: 16-July 11 Member No.: 6,171 |
We'll share the wheels. JeffG! The remainder can be used as a gardener's hulk.
"Barkis is willing" ce |
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Apr 23 2012, 03:00 PM
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#18
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Advanced Member Group: Members Posts: 3,414 Joined: 20-November 10 Member No.: 1,265 |
QUOTE (jaycakes @ Apr 23 2012, 10:56 AM) Just before I die I will withdraw all my money in cash, sell my house and withdraw that cash and give cash out. When you die how disrespectful is it to have your wallet raped by the tax-man, who you have been paying out of your ears to, for your whole life already... Over my dead body. And then the medics find the miracle cure........ |
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| Guest_jaycakes_* |
Apr 24 2012, 07:26 PM
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#19
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QUOTE (NWNREADER @ Apr 23 2012, 04:00 PM) And then the medics find the miracle cure........ Sorry Dr house. |
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Apr 24 2012, 07:29 PM
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#20
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Advanced Member Group: Members Posts: 1,690 Joined: 16-July 11 Member No.: 6,171 |
Or in your case and Simon's - Dr Shed.
ce |
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