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The Rent's Going Up And A Bear In Despair

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Comments

  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Pimperne1 wrote: »
    You paint a lovely picture of your area.

    I could paint a better one but id be lying.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    reweird wrote: »
    Sounds like he was more than likely previously a man-baby who stayed at him till his 30's but was fortunate enough to fall into BTL through inheritance.

    No, he just got lots of mortgages during the boom.

    He also lives in the area so should have known better.

    The plus side of this whole episode is that the none violent tenants of his properties are not, and will not see any rent increase either.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    IronWolf wrote: »
    Probably more like 40% tax, us London dwellers don't pay 20% tax rates :cool:

    I've got some very good news for you! You are due a tax rebate, the tax man should have only charged you 40% at the start of the 40% tax band, not immediately after your personal allowance.
    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 stop
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    Pimperne1 wrote: »
    You paint a lovely picture of your area.


    Careful pimps, I think Jimmy is a bit of a hard case.

    Particularly on the Internet.
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    IveSeenTheLight wrote: »
    Interesting.

    What rate are you paying for earnings between circa £7.5k and £40k?


    For most it's about 40% if you take all the NI into account. It just gets worse from there.
This discussion has been closed.
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