Thought it was less than that? Ie, my inheritance would be taxed.
National insurance cut
- Thread starter aspiring
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Thought it was less than that? Ie, my inheritance would be taxed.
Yet people bang on about illegal immigrants costing the nhs, they are even a smaller drop in the ocean.
Is immigration harming the NHS?
The NHS workforce come from overseas as well as the UK. Is that a bad thing?www.nhsconfed.org
‘Inhumane’ NHS fees left more than 900 migrants without treatment | Immigration and asylum | The Guardian
Patients turned down care they needed after demands for advance payments amid complaints of government’s ‘hostile environment’amp.theguardian.com
Genuine question, how do other countries deal with these scenarios. I expect the US will be no different, but how about the likes of France, Germany, Switzerland, Dubai. I'm curious whether many countries would pay for expensive medical care for tourists/visitors.
Nothing genius about it, its salting the earth to the detriment of the country. Slow clap
Visitors and visa overstayers? Visa overstayers need deporting and all visitors should be forced to show health insurance at point of departure/entry , I guess.
Where is Travel Insurance Mandatory? | Voyager Insurance
You may be wondering whether you need Travel Insurance for your upcoming trip... well if you plan to visit any of these countries then it is mandatory!
www.voyagertravelinsurance.co.uk
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Doubt it, they're on a hiding to nothing
If you're a tourist you should be taking out travel insurance just for this eventually
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It's just advice for visiting the UK
That should be the advice if your visiting Britain or if we are visiting abroad
Soldato
And only something like 17% of the population even subscribe to an ISA so really this is just another perk for the rich to hide money from taxation. Those who are maxing these things out and can find another 5k to top it up are very likely already going to be among the highest earners in the country. I’d love to have a problem like how to invest a spare 25k a year sadly it ain’t happening!
Soldato
He might not have them in the bag plenty are being very vocal about the NI cut only benefitting those still working while they get nothing. Would be quite nice if a lot of old people decide to stay at home come election day.
Caporegime
Yes and I highly doubt anyone would put it in UK equities, maybe those FTSE listed companies which don't actually operate within the UK.
I imagine most would just shift any UK bond holdings they have or were planning to purchase to the £5k 'British ISA' and use the whole of their 'normal' allowance in other markets.
Soldato
It’s quite obvious that the focus on employee NI cuts in recent budgets is part of a long term play to abolish it completely. It could be gone completely in just 4 more budgets. Just need to then replace employers NI with something more sensible too. Pulling more pensioners into tax through frozen thresholds is obviously not a vote winner for them but framing it as a cut for everyone else is shrewd.
Overall it’s a surprisingly good move by a Tory chancellor whose party depends almost entirely on those votes.
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Soldato
I would happily see NI disappear I’ve long said having both it and income tax is confusing and over complicated. It also hides the real tax burden on the individual which I guess has been convenient for successive governments. I would really like to see a route and branch overhaul of our entire tax system we have too many complex and confusing rules which leave far to many loopholes open to exploitation.
Keep it simple so that it is easy to comprehend and manage
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Soldato
Less personal allowance and allowances for buying selling yes. Ripped my liver out but there was always going to be enough profit in a rising market to cover it . I just got in at the right time to do it , nothing more nothing less. I'm talking 2003 so had the best part of 20 years .
Like I eluded to I wouldn't touch it with a barge pole at the moment and I can't how it could ever go back to how it was . Just look at rightmove at the moment, either everything has been for sale for months or recently reduced in price only a very few houses come on and sell instantly at the moment. Go back 3 years agents couldn't get hold of enough property to sell.
The inheritance tax allowance is £325,000 plus potentially a further inheritance tax property allowance of £175,000 which applies when you leave your house to your children/grandchildren. Allowances pass between spouses, so you can end up with a £1 Million inheritance tax free for the children if both parents have died with appropriate wills in place.
Yup, a lot of left-wing surprised Picicku face come election result day. If they're expecting a Labour landslide then they're going to be disappointed. It's going to be a hung parliament with a Labour majority at best.
Soldato
Nicely put by the FT this morning:
Whilst the fanbois….
(I almost feel embarrassed on their behalf……the desperation
)
FT said:
Whilst the fanbois….
(I almost feel embarrassed on their behalf……the desperation
)
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Soldato
On the back of this budget? I don’t think it’s going to have any impact. Until the results are in all we have are polls, so lets see what happens there. Let’s see if the Tories can avoid sinking below 20%. There are only so many people who will stay in a cold bath of sick because it’s been dyed blue.
No, this budget hasn't moved the needle much if at all. But as someone who's lived long enough to see too many elections. I can predict how it will go. I gave my prediction, you can save it and come back to see if I'm right. lets see.