Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

...........................................................................................................................................

The fun would start when/if the tories ditch Cameroon and embrace ukip, or ukip policies.

Nu lab/dims is a vote for more of the same.

Ditch Camoron and Osbourne and they wouldnt need UKIP imo Max.

Think Cable has got it right with his proposal to shift tax from income to assets.

so is the proposal to hammer shares over and above CGT and perhaps while you still own them?
where would pension funds then be expected to invest?
what about buy-to-let property, which fulfils a social need and on which CGT would in any case also be applicable once sold?

sounds to me like a recipe for taxing the prudent

Will any tax on assets include trust funds?


lol

Max Leaked Memo went out last night from the Lib/Dems saying that anyone with over £50 grand income annualy was rich and was a tax target.

Cant remember if it was Newsnight or Sky News 'what the papers say'.

GF - you only have to google it - its every where - so it must be true! :-)

Revealed: Secret Lib Dem plan to increase tax for millions on over £50,000 hidden in email to ministers (which also reminds them they are supposed to be cheerful)

even a bus driver earns £50k!

trust funds
i'm not an accountant or anything similar, but i believe most would warn you off them as the rules tend to change radically every 5/10 years.
however, i believe assets held in pension funds are currently IHT exempt

The dim/libs can propose whatever they want, they are doomed anyway.




Jeremy Clarkson threatens to stand against Nick Clegg

If Ed Miliband was ever worried by Jeremy Clarkson’s threat to stand against him at the next election, he can breathe a sigh of relief.



By Rosa Silverman
8:56AM BST 17 Sep 2013


The Top Gear host has seemingly changed his mind about running for the Labour leader’s Doncaster seat and is instead threatening to take on Nick Clegg.

Mr Clarkson insisted he had “meant Sheffield Hallam” when he said he would stand as an independent candidate in Doncaster, his home town in South Yorkshire.

He told The Sun: "I was a bit drunk when I suggested I would stand as an independent candidate in Doncaster. I meant Sheffield Hallam."

He already has one supporter on side, the London Mayor Boris Johnson, who wrote in the Telegraph this week: “I see that my old chum Jeremy Clarkson is thinking of standing against Ed Miliband in Doncaster.

“Right idea, Jezza – wrong seat. I hope fervently that the great man can be persuaded to stand against Cleggers in Sheffield, where his majority (unlike Ed’s) is very frail indeed.


more: http://www.telegraph.co.uk/motoring/top-gear/10314359/Jeremy-Clarkson-threatens-to-stand-against-Nick-Clegg.html

re the iht thingy.

I read somewhere that Cameroon has a country pile which is in a trust, all the benefits without the tax.

perhaps, but if set up many years ago, the rules applying may be different from today ..... anyway, they're hardly "sneaky" or "aggressive" in avoidance terms

Yep cheers skinny thats the one.

Saw it on TV last night.

Been out fishing this morning so not seen it in the press.

The Lib Dems according to VINCEY BOY though are heading for a migration to asset taxes which will hurt older people and pensioners more.

Im all in favour of taxing foreigners here who are asset rich and are soley here to take advantage of our tax laws on property. Russian and Chinese billionaires who have property after property empty in London (kensington) but working families like teachers and nurses cant afford to live in most of London.

Their has to be a re-balance.

Trust Funds would be target ...yes.

Especially Osbournes.

Also Winnifroths were his compo from his last employment was put into one to protect him against legal charges against him. In other words he knew if he lost this present court battle with Sefton Resources if SER won, they couldnt get any legal costs from him as it is tucked up in a trust.

Margaret Hodge labour has a cheek, she has one set up aswel.

Vince Cable is totally up his own exhaust pipe and will say anything to try and grab headline news. Obnoxious character, thank God he didn't get the job as Chancellor when the coalition was formed.

What are you complaning about , his old Labour dressed as Lib/dem

Im all in favour of taxing foreigners here who are asset rich
and just how would you determine fell into that bracket and how would you propose to tax them to the exclusion of others?
you're starting to sound like Village Idiot

Goldfinger

It makes Jimmy Carr feel better

It matters not what the Libs propose. They will be placed third as in previous elections. Any popular policies will only serve to preserve some of their seats. The election will be either Labour or Conservative with most seat and an outside majority is anyones's guess. Third place will be Libs. A long back in fourth place will be UKIP with most likely no MPs. There is a slim chance that UKIP might get a handful of seats, say 4.

Alders Im pointing at rises here........

F.T., 03/08/2012

Higher stamp duty deters luxury buyers By Ed Hammond and Jim Pickard in London

Foreign Buyers Start To Shun Britain.

The number of luxury homes sold in London has declined sharply in the wake of tough stamp duty measures launched in March, raising doubt about an increase in tax revenue for the government.

Sales of homes worth more than £2m – the threshold at which the government increased the levy from 5 to 7 per cent – have fallen 24 per cent during the four months since the budget. The slump is a stark contrast to the market for homes worth between £1m and £2m in London, which soared by 26 per cent over the same period, according to data produced for the Financial Times by Knight Frank, the property services group.

Taking in the decline in transactions, the net tax gain from the £2m-plus market in London is £11.8m. The figures will make grim reading for the Treasury, which is expecting to garner an extra £150m from changes to stamp duty that also include a 15 per cent charge for house-buying through corporate vehicles.

“It seems clear that the new 7 per cent rate is dissuading some buyers from buying, in addition some sales which would have been at £2m and a bit have now been renegotiated to a bit under £2m,” said Liam Bailey, Knight Frank’s head of residential research. The slowdown in the market is being felt by estate agents.