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Declaring income

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Declaring income

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Old Jun 18th 2012 | 5:39 am
  #46  
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Default Re: Declaring income

Originally Posted by KevinF
My goodness ! I can see that tax is a real issue and of course it always is.
But what so very many Brit. expats. overlook is the question of IHT.
At a swingeing 40% on everything over £650,000 ( for a married couple who have left their estates to each other ) this is the "big" one !

The number of adult children who have been utterly dismayed that their Ma & Pa had overlooked planning for this eventual tax is legion !

Comments welcome....

I cant recall how to add a signature but I have added my co-ords as an attachment.

Bestest, Kevin J
If I had an estate worth 650k inheritance tax wouldn´t be worrying me. I would be out spending it.
 
Old Jun 18th 2012 | 5:53 am
  #47  
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Default Re: Declaring income

Originally Posted by KevinF
My goodness ! I can see that tax is a real issue and of course it always is.
But what so very many Brit. expats. overlook is the question of IHT.
At a swingeing 40% on everything over £650,000 ( for a married couple who have left their estates to each other ) this is the "big" one !

The number of adult children who have been utterly dismayed that their Ma & Pa had overlooked planning for this eventual tax is legion !

Comments welcome....

I cant recall how to add a signature but I have added my co-ords as an attachment.

Bestest, Kevin J
What a bummer innit?
 
Old Jun 18th 2012 | 5:59 am
  #48  
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Default Re: Declaring income

Originally Posted by Chiclanagir
If I had an estate worth 650k inheritance tax wouldn´t be worrying me. I would be out spending it.
Too true
 
Old Jun 18th 2012 | 6:15 am
  #49  
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Default Re: Declaring income

Originally Posted by KevinF
My goodness ! I can see that tax is a real issue and of course it always is.
But what so very many Brit. expats. overlook is the question of IHT.
At a swingeing 40% on everything over £650,000 ( for a married couple who have left their estates to each other ) this is the "big" one !

The number of adult children who have been utterly dismayed that their Ma & Pa had overlooked planning for this eventual tax is legion !

Comments welcome....

I cant recall how to add a signature but I have added my co-ords as an attachment.

Bestest, Kevin J
this though is a thread about income tax & paying autónomo - not inheritance tax.......... as you would know if you had read the thread
 
Old Jun 18th 2012 | 8:58 am
  #50  
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Default Re: Declaring income

Originally Posted by KevinF
My goodness ! I can see that tax is a real issue and of course it always is.
But what so very many Brit. expats. overlook is the question of IHT.
At a swingeing 40% on everything over £650,000 ( for a married couple who have left their estates to each other ) this is the "big" one !
I thought we had already said that!

Last edited by rafikiphoto; Jun 18th 2012 at 9:01 am.
 
Old Jun 18th 2012 | 9:10 am
  #51  
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Default Re: Declaring income

Originally Posted by KevinF
FAO Fred James !

My goodness you have obviously been reading "me" somewhere else online !
Possibly but please stick to the subject of the thread which is declaring income tax - not IHT.
 
Old Jun 18th 2012 | 12:43 pm
  #52  
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Default Re: Declaring income

Originally Posted by JLFS
What a bummer innit?
Well I'm spending the kids inheritance NOW!
They each have had a very good financial start from us on their twenty fifth birthdays.... now they can make their own way!

As for declaring.....I'm starting to wish I hadn't, trying to sort out the bungles HMRC have made over the last couple of years is about to make my Spanish tax return something of a fairy story.

Last edited by megmet; Jun 18th 2012 at 12:48 pm.
 
Old Jun 22nd 2012 | 5:12 pm
  #53  
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Default Re: Declaring income

Get a life and stop badmouthing your friend - someone should tell this poor soul what a grass you are, with a friend like you, who needs an enemy!
 
Old Jun 22nd 2012 | 7:53 pm
  #54  
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Default Re: Declaring income

Originally Posted by irishactress
Get a life and stop badmouthing your friend - someone should tell this poor soul what a grass you are, with a friend like you, who needs an enemy!
 
Old Jun 22nd 2012 | 8:52 pm
  #55  
 
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Default Re: Declaring income

Originally Posted by megmet
Well I'm spending the kids inheritance NOW!
They each have had a very good financial start from us on their twenty fifth birthdays.... now they can make their own way!

As for declaring.....I'm starting to wish I hadn't, trying to sort out the bungles HMRC have made over the last couple of years is about to make my Spanish tax return something of a fairy story.
well why not keep it that way, there's nothing like a good fairy story when dealing with the tax man
AFAIK there is no disclosure or checking between GB & SP, unless you have lots of noughts on the end, when International Terrorism looms.
but I am sure you aren't one of those
 
Old Jun 22nd 2012 | 8:55 pm
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Default Re: Declaring income

Originally Posted by irishactress
Get a life and stop badmouthing your friend - someone should tell this poor soul what a grass you are, with a friend like you, who needs an enemy!
we haven't had such a first time post for such a long time
the future looks bright the future looks irish (actress)

(apologies to Orange)

 
Old Jun 22nd 2012 | 9:20 pm
  #57  
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Default Re: Declaring income

Originally Posted by Stillwater
No, she is right: an upright socialist type never does anything wrong!
Well said and bang on. Champagne socialist!
 
Old Jun 22nd 2012 | 9:25 pm
  #58  
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Default Re: Declaring income

Originally Posted by nogard
Well said and bang on. Champagne socialist!
Is that the same as "champagne taste on a beer budget" I have many friends like that.
 
Old Jun 22nd 2012 | 9:28 pm
  #59  
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Default Re: Declaring income

Can we get back on topic please.
 

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