Don't forget your pension
Which comes out of taxed income, is taxed when it's in the fund and then taxed when you drawer it.

Petrol and fags are about 70% tax, duty and VAT.
(Set your faces to Stunned Bigly, Tue 28 Feb 2012, 14:44, 1 reply, 14 years ago)

Cigarette tax is the real hypocrisy.
They tax the fuck out of it because it's bad and you will place a burden on the NHS by smoking. Despite the fact that a smoker will, over the course of his smoking career, pay for the cost of his own treatment and of that for several other non-smokers. This is on top of the money the NHS receives from income tax.

Again, the problem isn't the tax so much, it's the arse-about-face way it's spent.
( Kroney, Tue 28 Feb 2012, 14:47, Reply)

I blame the forrins.
Never paid tax zzzzzzzzzzzzzzzzz.

My heart's not in it.
(Set your faces to Stunned Bigly, Tue 28 Feb 2012, 14:50, Reply)

A professional cynic?

( sporters I’m sincerely gratitude to you, Tue 28 Feb 2012, 14:51, Reply)

/acknowledges.

(Set your faces to Stunned Bigly, Tue 28 Feb 2012, 14:53, Reply)

Inheritance tax is a lovely piece of lateral thinking

( Naked Ape call me Caitlyn, Tue 28 Feb 2012, 14:55, Reply)

That is fucking bollocks, as is the whole old people's home costs
I need the conversation with my parents soon to get them to sign over their house to me
( sporters I’m sincerely gratitude to you, Tue 28 Feb 2012, 14:56, Reply)

done and done, I have power of attorny over them if i can prove that they are doolally
MWAHAHAHAHAHA
( Naked Ape call me Caitlyn, Tue 28 Feb 2012, 14:58, Reply)

Got to do it nice and early.
If it looks like a dodge it can be unwound. Buy the house for a vastly reduced sum and give them a life tennancy until they are frail.
(Set your faces to Stunned Bigly, Tue 28 Feb 2012, 14:58, Reply)

This sounds like a good plan
I thought it was to do with 7 years or something
( sporters I’m sincerely gratitude to you, Tue 28 Feb 2012, 14:59, Reply)

About right. It can still be reversed if it looks dodgy though. Hence try not to do it as a gift.

(Set your faces to Stunned Bigly, Tue 28 Feb 2012, 15:00, Reply)

£1 seems reasonable to me for a 2 bed bungalow

( sporters I’m sincerely gratitude to you, Tue 28 Feb 2012, 15:01, Reply)

Steady, I think your Dad's trying to mug you off!

(Set your faces to Stunned Bigly, Tue 28 Feb 2012, 15:04, Reply)

I'm going to start stealing from them now
really I'm doing them a favour
( Naked Ape call me Caitlyn, Tue 28 Feb 2012, 15:01, Reply)

That's the one where somebody you love dies and leaves you whatever they've managed to scrape together
over a lifetime of 50% effective tax and once they pass it on to you, the government taxes you on it?

Even death can't save you from the taxman.
( Kroney, Tue 28 Feb 2012, 14:57, Reply)

what's sad is when people have to sell treasured possions/homes to pay the tax on treasured possesions homes

( Naked Ape call me Caitlyn, Tue 28 Feb 2012, 14:58, Reply)