Any regrets about moving back to the UK?
#196
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Joined: Apr 2013
Posts: 5,154
re: Any regrets about moving back to the UK?
There's also no property tax (an insanely expensive tax) in the UK. PT makes council tax look decidedly good value for money!
#197
Just Joined
Joined: Aug 2014
Location: Dubai, United Arab Emirates
Posts: 7
re: Any regrets about moving back to the UK?
Hello HH, a lot of UK expats returning home will fall into the 40% tax bracket which starts at just 42,000. On top of that that you have National Insurance, VAT, council tax, fuel duty, road tax, stamp duty to buy a home if you haven't got one. This makes UK tax look very high and that's why i don't think many people will enjoy moving home, certainly for the taxes they will have to pay.
#198
re: Any regrets about moving back to the UK?
Hello HH, a lot of UK expats returning home will fall into the 40% tax bracket which starts at just 42,000. On top of that that you have National Insurance, VAT, council tax, fuel duty, road tax, stamp duty to buy a home if you haven't got one. This makes UK tax look very high and that's why i don't think many people will enjoy moving home, certainly for the taxes they will have to pay.
For other expats returning from USA; Canada; Western Europe; Australia; New Zealand etc they just exchange their previous taxes for the UK ones - simples.
#199
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Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
re: Any regrets about moving back to the UK?
Exactly as you say the vast majority of expats return from the countries you list and many find it cheaper back here now.
#201
re: Any regrets about moving back to the UK?
Hello HH, a lot of UK expats returning home will fall into the 40% tax bracket which starts at just 42,000. On top of that that you have National Insurance, VAT, council tax, fuel duty, road tax, stamp duty to buy a home if you haven't got one. This makes UK tax look very high and that's why i don't think many people will enjoy moving home, certainly for the taxes they will have to pay.
We moved there in 1996...our monthly utilities and car insurance were approx the same as we were paying annually in the UK. Annual property tax for our house in New Jersey was approx $20K...yes $20,000 per year.
#202
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Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
re: Any regrets about moving back to the UK?
Exactly...it looks high. Compared to the US...on the surface the US looks a much cheaper place to live...but it isn't IMO.
We moved there in 1996...our monthly utilities and car insurance were approx the same as we were paying annually in the UK. Annual property tax for our house in New Jersey was approx $20K...yes $20,000 per year.
We moved there in 1996...our monthly utilities and car insurance were approx the same as we were paying annually in the UK. Annual property tax for our house in New Jersey was approx $20K...yes $20,000 per year.
#203
Banned
Joined: Apr 2013
Posts: 5,154
re: Any regrets about moving back to the UK?
On top of that that you have National Insurance
VAT
council tax
fuel duty
This makes UK tax look very high and that's why i don't think many people will enjoy moving home, certainly for the taxes they will have to pay.
#204
re: Any regrets about moving back to the UK?
.... European cars should be getting around double the miles of a North American one, so whilst fuel duty is an outrage, it is manageable by the extreme mpg rates European cars are capable of now.
'Looks high', but in reality you're getting FAR more for your money than you ever do in the US .....
#205
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Joined: Apr 2013
Posts: 5,154
re: Any regrets about moving back to the UK?
Well you choose to live in Boston, and aspire to move to the West Coast where property taxes can be even higher, but your experience is not typical. I pay almost exactly the same I did for a two bed 700sqft terraced house in London as I now do for a four bed 2,800 sqft house on 100x the land.
Sure, if I moved down south costs would be drastically reduced, but I don't want to live down south. I want to live in a place that has an equivalent standard of living as where I lived in England. With that comes living costs that are in line (and often exceed) England's.
Yeah, but at the upper end of those MPG figures they are unpleasant tin boxes that I wouldn't want to drive across town in, much less commute every day in, or drive 100+ miles in.
#206
re: Any regrets about moving back to the UK?
I also find that home improvements...new kitchen or bathroom...cost an arm and a leg in the US. Also the stick houses cost far more to upkeep...new roof, AC and heating units...bugs eating the wooden houses away.
#207
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Thread Starter
Joined: Jul 2014
Posts: 67
re: Any regrets about moving back to the UK?
I live in Mexico, have done for seven years and there are masses of Americans and Canadians moving down here. They cant get away quick enough. All they do is complain about the price of things, high taxes and healthcare.
#208
Banned
Joined: Apr 2013
Posts: 5,154
re: Any regrets about moving back to the UK?
And they move to Mexico (a state rampant with criminal activity and lawlessness) for a better life?
#209
Forum Regular
Thread Starter
Joined: Jul 2014
Posts: 67
re: Any regrets about moving back to the UK?
Lol, H.H how incorrect you are. Firstly Mexico is a country not a state. We have been here seven years, leave car door windows open, leave our front doors open, no problems. It may be bad in the North but not where we are. The only criminal activity in Mexico is for the routes into the Usa because they like to stuff so much cocaine up their noses. No drug problems in schools here like the Usa or shootings in schools either.
Like I said, seven years here now and I know. I live here!!!!!!!!!!!
Like I said, seven years here now and I know. I live here!!!!!!!!!!!
#210
re: Any regrets about moving back to the UK?
FWIW I've been a passenger in a 3 Series and it was impossibly cramped, such that I would not choose to drive one, and if I did (assuming I even could) the back seat would be useless. The same is true IME of all small "urban" cars.
Last edited by Pulaski; Aug 14th 2014 at 3:42 pm.