Damp squid - CGT on foriegn properties

brit1234

Autumn Statement - Just announced foreigners will have to pay Capital Gains Tax on properties after 2015. The CGT will be on gains made after 2015.

Thus it cements the foreigners gains in the London bubble near peak. Under this scheme they pretty much dodge the tax.

Roll on the next election and bring in the Mansion Tax to address this tax dodge.

michaels

Good - retrospctive taxation like any other retrospective legislation is contary to natural justice. Or pehaps we should have a retrospective tax on forum posters who predict 70% house price declines?

angrypirate

Squids live in water and tend to be damp. Do you mean squib? (Squib being a type of small explosive device that would fail to meet expectations when set off being damp)

System

Damp Squid

http://www.youtube.com/watch?v=XnXKVY-_i2c

antrobus

angrypirate wrote: »

Squids live in water and tend to be damp. Do you mean squib? (Squib being a type of small explosive device that would fail to meet expectations when set off being damp)

Well quite.

A squid that wasn't damp would be a dead squid. We should be congratulating Osborne for keeping his squids damp.:)

brit1234

I stand corrected.

Damp Squid: The top 10 misquoted phrases in Britain

British people become tongue-tied over the most simple everyday phrases, with "damp squib" being the one that most of us get wrong, a survey has shown.

Top of the league is a "damp squib", a term for failure named after a dud 19th century explosive mining device, which is often mispronounced as "damp squid."

http://www.telegraph.co.uk/news/uknews/4799157/Damp-Squid-The-top-10-misquoted-phrases-in-Britain.html


Damp Squib


Damp squid

chewmylegoff

angrypirate wrote: »

Squids live in water and tend to be damp. Do you mean squib? (Squib being a type of small explosive device that would fail to meet expectations when set off being damp)

Damp squid are found in the Specific Ocean.

Jennifer_Jane

Never heard the term "damp squid" before. Obviously therefore hadn't realised how common it is.


In other malapropisms, my partner has been telling me very sadly about his friend's "prostrate" problems; and I cannot seem to recall that there isn't a St Pancreas station. But we both know really.

Loughton_Monkey

Jennifer_Jane wrote: »

Never heard the term "damp squid" before. Obviously therefore hadn't realised how common it is.


In other malapropisms, my partner has been telling me very sadly about his friend's "prostrate" problems; and I cannot seem to recall that there isn't a St Pancreas station. But we both know really.

He really means damp squab, which means a wet baby pigeon, many of which you will observe in St Pancreas station.

But back to the main subject of Capital Gains Tax. I firmly disagree, and would prefer them, instead, to increase Inheritage Tax. Or if the property is owned by a business, charge a lot more cooperation tax.

angrypirate

Loughton_Monkey wrote: »

He really means damp squab, which means a wet baby pigeon, many of which you will observe in St Pancreas station.

But back to the main subject of Capital Gains Tax. I firmly disagree, and would prefer them, instead, to increase Inheritage Tax. Or if the property is owned by a business, charge a lot more cooperation tax.

I much prefer going off on tangents, talking about random side topics. It does lighten up the atmosphere of the forum, instead of being all serious in politics and economics.

ess0two

angrypirate wrote: »

I much prefer going off on tangents, talking about random side topics. It does lighten up the atmosphere of the forum, instead of being all serious in politics and economics.

That's the beauty of Brit,provides plenty of rib ticklers.