house left in will

sunnyone

blackadders wrote: »

as ill b buying the home am in therell be no need 4 housing benefit / prob get bout £420 pm rent -50% ill hav a extra £210 per month on top of my IB which means ill hav a increase in council tax and will i not hav to do a tax return or something like that ???

Yes you will pay some portion, maybe all council tax and its unlikely that you will have to do a tax return as such, but your total income is taxed that means IB+ rent but its really easy to fill in the form or pay someone under £50 a year if you are worried to fill it in on your behalf (I payed under £50 and my affairs are were much more complicated)

sunnyone

If you have been on IB pre 1995 it isnt taxed, missed that out, sorry.

blackadders_2

sunnyone wrote: »

If you have been on IB pre 1995 it isnt taxed, missed that out, sorry.

i think it was after 95 but thats ok thnxs ur info has been helpful

sunnyone

blackadders wrote: »

i think it was after 95 but thats ok thnxs ur info has been helpful

Im sorry at your loss and I can understand you being scared of the upheavel in your life but this inheritance can give you a better standard of living, IB may be more than JSA but it still leaves little money for treats, holidays and the likes which you can now have once the ink on the papers is dry.

viktory

Boy, if ever there was a poster that needed some serious help, blackadders is that poster.

blackadders_2

viktory wrote: »

Boy, if ever there was a poster that needed some serious help, blackadders is that poster.

wot u mean by that viktory???

woody01

blackadders wrote: »

if u read the thread properly woody or is that wooden head! i am worth no money all i have is part shares in houses

Surely you cannot be that dim!
Regardless of the shares you have, there is still EQUITY that belongs to you.
This in turn means that you can release that equity to support yourself instead of scrounging from the state.
While we are at it, if 2 houses come to only £100K where do you live? The West Bank or Beruit?????

It is 100% correct in most cases that when people have nothing are are not fit, that benefits should be available to them.
In your case however, there is cash, 'should' you wish to release it, so you should support yoursef instead of letting the working public do it for you.

All you have done, is come here and fish for ideas on how to sit on your behind all day doing !!!!!! all, yet still rake in rent money from tenants, and keep your assets.

BTW...you 'wooden head' comment. Well done in making yourself look foolish. If you cannot grasp the basic concept of paying your own way, it is your head (and the tiny amount in it), that is functioning incorrectly.

You epitomise all that is bad about this country. :mad:

blackadders_2

woody01 wrote: »

Surely you cannot be that dim!
Regardless of the shares you have, there is still EQUITY that belongs to you.
This in turn means that you can release that equity to support yourself instead of scrounging from the state.
While we are at it, if 2 houses come to only £100K where do you live? The West Bank or Beruit?????

It is 100% correct in most cases that when people have nothing are are not fit, that benefits should be available to them.
In your case however, there is cash, 'should' you wish to release it, so you should support yoursef instead of letting the working public do it for you.

All you have done, is come here and fish for ideas on how to sit on your behind all day doing !!!!!! all, yet still rake in rent money from tenants, and keep your assets.

BTW...you 'wooden head' comment. Well done in making yourself look foolish. If you cannot grasp the basic concept of paying your own way, it is your head (and the tiny amount in it), that is functioning incorrectly.

You epitomise all that is bad about this country. :mad:

if u spent more time reading into the thread and my original 1 instead of writing !!!! presuming am trying to rip off all u honest tax payers who declare everything lol but by me trying to buy the home am in is that not going to save the tax payers bout £5000 a yr in houseing benefit??? then ill b paying full council tax yet again at no cost to the tax payer!!!! then ill b getting my IB i presume? im sorry 4 u that im riddled with arthritis and am unable to work!!!!! MY GOD WISH I WENT TO MEERKAT.COM 4 ADVICE

viktory

blackadders wrote: »

wot u mean by that viktory???

Well, firstly the situation you could put yourself in could very well turn out to be extremely complicated and secondly it is fairly clear from your posts that you are not the brightest colour in the box. Ergo, help from a solicitor is required to ensure that you do not (intentionally or otherwise) defraud the state or end up with nothing because you made bad decisions due to a complete lack of knowledge.

woody01

im sorry 4 u that im riddled with arthritis and am unable to work!!!!!

Once again....your thought process is non existent.
I am happy for people GENUINELY DESERVING benefits. If you own a house, or have equity in that house, then you ARE NOT deserving as you can pay for things yourself out of your own finances.
Why are you struggling to grasp this as it is very straight-forward.

presuming am trying to rip off all u honest tax payers

Which is precisely what you are trying to find a way of doing.

by me trying to buy the home am in is that not going to save the tax payers bout £5000 a yr in houseing benefit???

So by your logic, if anyone on benefits has a windfall, they should keep it all AND their benefits so they can invest it and not be a burden on the taxpayer at a later date?
Jesus...what planet are you from.

What you should be doing (and hopefully have to), is sell the equity you own so you can support yourself.

Get some self respect! (and try using English instead of that bloody text speak).