Off TopicAre you a QOTWer? Do you want to start a thread that isn't a direct answer to the current QOTW? Then this place, gentle poster, is your friend.
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rob, Sun 1 Apr 2001, 1:00)
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Fair enough.House prices currently being what they are though, even 650k is still well within middle class territory. My parents own two houses, one of which they rent out. Combined they own half a million pounds-worth of property and they are not unusual in this country.
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Kroney, Wed 25 Apr 2012, 13:48,
1 reply,
14 years ago)
Even if they owned £1million worth of assetsthey would only be taxed 14% which is less than VAT, and all costs of sale etc are tax deductable so it would be less.
It's really not an unreasonable tax, it's just sold as one by the very rich.
(, Wed 25 Apr 2012, 13:52, Reply)
We're not talking about the current rate of IHT thoughWe're talking about her gay ex-boyfriend's proposal of 90%
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Kroney, Wed 25 Apr 2012, 13:54,
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