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Super Rich To Be Chased For Tax

#1 by Sheldonboy , Fri May 10, 2013 6:35 am


I started out with nothing and I've still got most of it left.
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Last edited 08.10.2014 | Top

RE: Super rich to be chased for tax

#2 by phil ( deleted ) , Fri May 10, 2013 9:37 am

SB

I haven't got a penny, I gave everything away, including my house when I retired and that was thankfully seven years ago last year. All I live on now is a pension in a rent free house.

phil

RE: Super rich to be chased for tax

#3 by Voltman , Fri May 10, 2013 11:03 am

Isn't rent free considered to be a consideration in kind and therefore taxable.


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RE: Super rich to be chased for tax

#4 by phil ( deleted ) , Fri May 10, 2013 12:33 pm

nope it was a condition of my gift.

phil

RE: Super rich to be chased for tax

#5 by tca , Sun May 12, 2013 1:20 pm

i find it criminal that you work all life building assetts to retire so that the government can tax you when it passes to your children. death duties -thats one tax we dont have, so im thankfull, now if we can knock off capital gains tax i would be happy


 
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