Caporegime
What would you do with £125 Million???
Count it.
What would you do with £125 Million???
Lol quite ironic with that sig and nameLoadsaMoney said:Give it all to charity.
Caerdydd said:I would just live very well off the interest.
Buy an epic house, cars, holidays, treat family & friends.
Just do all the things you've always wanted to do.
As for the "i'd give it all to charity" people... yeh rite!
Fantastic answer.dmpoole said:Yeah but winning 100 million I would probably not do anymore overtime at work.
Winning 125 million I might pack my job in.
This has already been said, I think, but the answer to that is "none" .... unless you screw up. Lottery winnings are tax free.Morba said:how much tax would be paid on winning 125m?
That's all true ..... but omits the fact that lottery winnings aren't subject to income tax.droolinggimp said:you pay 22% on the first £31,500 you earn then above that its 40%on what ever else you earn.. if you earn 35k you only pay 40% on the £3500 extra
If i give them the half a million in cash the tax man take more . so paying them a wage is better for them they see more of the money.
That's another way of paying lots of tax, if you aren't VERY careful how you do it. Gifts, again.Morba said:several accounts and business's in various names (wifes / kids etc) ;]