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Old 03-05-2017, 03:43 PM #1
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Default Inheritance tax

Somebody works all their life and pays tax on their income and then they die and the government decides to get their hands on it again and take some more from the grieving family.
Do you agree with it?
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Old 03-05-2017, 03:49 PM #2
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Absolutely not, it's disgusting
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Old 03-05-2017, 03:53 PM #3
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Absolutely not, it's disgusting
That's what i think too.It complicates the whole process and causes more distress on top of being totally immoral to rob from the dead just because they died.
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Old 03-05-2017, 04:01 PM #4
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That's what i think too.It complicates the whole process and causes more distress on top of being totally immoral to rob from the dead just because they died.
It's gross, first they profit from not having to pay over their pensions anymore and then they get a fat cash bonus off the inheritance tax too
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Old 03-05-2017, 03:56 PM #5
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No.
All those big houses gone to ruin because there is nothing left to run it on after death duties.
Someone working to buy their own home should be allowed to leave it to their families as well, without worrying about paying tax on it.
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Old 03-05-2017, 04:04 PM #6
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No.
All those big houses gone to ruin because there is nothing left to run it on after death duties.
Someone working to buy their own home should be allowed to leave it to their families as well, without worrying about paying tax on it.
That's not likely to happen in many cases as the home would likely have to be sold to pay for their care. Dementia is going to take away a lot of peoples' inheritance.
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Old 03-05-2017, 04:49 PM #7
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That's not likely to happen in many cases as the home would likely have to be sold to pay for their care. Dementia is going to take away a lot of peoples' inheritance.
That's cheering at least we won't know about it
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Old 03-05-2017, 04:52 PM #8
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Spend spend spend leave as little as possible, just makes people greedy and causes arguments in a lot of cases
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Old 03-05-2017, 05:03 PM #9
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Spend spend spend leave as little as possible, just makes people greedy and causes arguments in a lot of cases
As things stand at the moment the best solution is for the parents to sign their home, on paper, over to the kids years before they die, the longer the better, although if it becomes commonplace the government will most likely take measures to put a stop to that.
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Old 03-05-2017, 04:51 PM #10
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That's not likely to happen in many cases as the home would likely have to be sold to pay for their care. Dementia is going to take away a lot of peoples' inheritance.
Indeed. Insane "care" home fees are a much bigger problem than inheritance tax; the current situation is that most people's money (and home) is gone long before they die. And the majority of care homes treat them worse than dogs for their money. Often well over Ł30,000 a year.
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Old 03-05-2017, 04:54 PM #11
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Indeed. Insane "care" home fees are a much bigger problem than inheritance tax; the current situation is that most people's money (and home) is gone long before they die. And the majority of care homes treat them worse than dogs for their money. Often well over Ł30,000 a year.
Yeah like that case of the man with the dog, they should have accommodated him and his dog for the amount he has to hand over for care
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Old 03-05-2017, 05:03 PM #12
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Yeah like that case of the man with the dog, they should have accommodated him and his dog for the amount he has to hand over for care
Tip of the iceberg really. My wife is currently on placement in a private, "five star" care home as part of her mental health degree... the fees go all the way up to Ł50k + per year. And some of the things she's seen in less than 3 weeks have had her on the verge of reporting the place. This is somewhere that has near-perfect inspection reports. I can't really go into details for obvious reasons but some of the things she has seen ... ... ... well. TBH if I'm ever in the position of needing to go into a care home, someone please just wheel me near a cliff edge, and I'll do the rest.
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Old 04-05-2017, 09:44 AM #13
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That's not likely to happen in many cases as the home would likely have to be sold to pay for their care. Dementia is going to take away a lot of peoples' inheritance.
Yes... many British will be discriminated against on the grounds that they are not Scottish.
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Old 03-05-2017, 05:06 PM #14
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I'd rather be stuck on a raft and tossed out to sea than spend my last days in a nursing home, vile places.
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Old 03-05-2017, 06:05 PM #15
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Soon there will be a breathing tax.
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