The governments new tax and benfit changes will come into effect tomorrow. The one that will interest most workers is that income before tax is to rise by £630/year to £8,105. There are not so nice ones as well though...
BBC News
BBC News
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Mcqueen wrote:Speaking of tax, Inheritance tax in spain tenerife etc is a nightmare, Sure your lawer says make a will, That isnt enough, If your partner dies you think oh never mind i get the apartment, Nah, you have to pay the tax, Unless you wait 5 years, But would you if nobody was ironing your shirts, Nah, you cant leave it to your kids because they have to pay it, At the end of the day there going to fleece you, Plan A, Make a LTD company in the UK - They own the property, Because of some EU law you pay no tax, And can sell it soon as you like, from the UK,
Anybody wants to know more i have the www site you can have a read, I'm taking all my escutura's and wills and things back to the UK when i come over, I may be wrong but i believe i will be doing my tax through the same way, If in doubt read it,
Mcqueen wrote:A shilling saved is a shilling earned, RD, 5 ,4. 2012,