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capital gains tax?? is the panic here??
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Nearly double the number of properties available in my area now than in Jan. Fair few empty properties too. I'm looking at 3 empty ones over the weekend.0
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Nearly double the number of properties available in my area now than in Jan. Fair few empty properties too. I'm looking at 3 empty ones over the weekend.
Good luck Emy.
Hope you find something you like.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Chaos_A.D. wrote: »The issue is, what we have seen over the past 18 months was completely unsustainable built upon yet more borrowing, printing money, low IR's etc. As I have said for the past 18 months is that the ahem.... 'recovery' will come to an end after the election.
There have been what I consider to be some very bright 'bullish' posters on this forum, yet their failure to see what seemed to completely obvious as always had me puzzled. Reality I'm afraid, is here.
I think the same comments were being made in Dec 2008, in fact one of your thankers was predicting a major crash 50% by Dec 2009
Oh but they didn't expect the govt/BOE to take any action, I suppose. 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
new_home_owner wrote: »i rest my case sock puppet, i dont need to pm anyone and why would i? you made the statement i gave you the facts, if you want to hide behind another name fill your boots reettaaarddd.:D
They might not be a sock puppet but just deceided to change names like I did. I used to post here under my real name but then thought why should I when very few others (if any) do so I changed my id to Chuck Norris.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »They might not be a sock puppet but just deceided to change names like I did. I used to post here under my real name but then thought why should I when very few others (if any) do so I changed my id to Chuck Norris.
What, your not THE Chuck Norris? :eek::wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Nearly double the number of properties available in my area now than in Jan. Fair few empty properties too. I'm looking at 3 empty ones over the weekend.
Crikey, more homes for sale in July than in January. What a shocker!
And HIPs were scrapped to add to the seasonal boost.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
IveSeenTheLight wrote: »What, your not THE Chuck Norris? :eek:
It could be a bluff to escape too much attention of courseChuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »It could be a bluff to escape too much attention of course
Yeah, there are too many stalkers in here and on the internet that if they knew you were THE Chuck Norris..........
We'll, I don't know what they would do!
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
new_home_owner wrote: »they pay it if they decide to sell, thats why they were all saying landlords will panic and sell now to avoid paying 40 percent in future.
There is a reasonable possibility that CGT will rise from its present 28% in the next budget.
28% is very convenient for reaching 40%, with 2 further steps of 6% in successive years.0 -
new_home_owner wrote: »Ive just been on holiday for a couple of weeks , what actually happened? there was loads of post's on here about landlords flapping and selling, having looked at the details it will only affect high tax bracket payers, so i dont think it will effect many landlords.
CGT is calculated by adding the profit subject to CGT, together with gross taxable income in that tax year. Any profit in excess of the basic rate tax threshold is then taxed at the higher rate of CGT of 28%. Anything below at 18%.0
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