Comments on: Expats ‘vulnerable to IHT laws’

By: jak p

jak p — Sun, 11 Oct 2009 21:50:36 +0000

In the UK we have 2 sides argueing & forgetting that most of us have sweated blood & paid taxes all our lives in order to have a reasonable life and pass something on to our children & grandchildren…in fact just the ability for children to go to university and not end up with a load of debt should be sufficient reason to abolish IHT in it’s present form.

Because you work hard, & live sensibly…WHY should you be taxed just because you commit the crime of death!!! People can use their own money better than any government, and we have seen recently what greedy, corrupt & lazy lot our politicians are.

On Question Time the other evening Yvette Balls was going on
about the nasty conservatives & IHT, but failed to mention that at the time it suited them to match the conservatives with their own vote catching move.

Donate any spare cash to ANYTHING that will hit the politicians where it hurts………even O B L to bring back Guy Fawkes..

By: peterfieldman

peterfieldman — Fri, 25 Sep 2009 13:51:00 +0000

Inheritance tax was designed to redistribute wealth but while the increase in real estate values catch more and more families in the net, successive Governments have allowed the wealthiest segment of the population to benefit from a myriad of avoidance schemes and trusts. The effect is that as the richest families grow richer at each generation the rest of the population risks a lower standard of living as they might be forced to sell off family property to pay the tax. Europe is still a total mess as far as harmonization of taxes is concerned. The only common factor is that the rich can avoid paying their share. I believe that it is time for a totally revised tax system that allows the majority of the population to pass on assets ( that have already been taxed). to enable future generations to have a higher standard of living. I would propose abolishing all the complex avoidance schemes and donations etc and levy a simple flat rate of say 5% – or even 10% – of each person’s net assets at death(on second death of married couples)) with no exemptions, over and above a threshold of say 500000€. I am convinced this would be cheaper to administer, far more equitable and raise a great deal more revenue than at present in every European member state.

By: annette Crittell

annette Crittell — Wed, 03 Jun 2009 17:25:21 +0000

I do wish someone could say, this is the thing to do to avoid this tax, there must be away to avoid this with out paying a fortune. There is a challenge for some clever person.

By: admin

admin — Thu, 14 May 2009 12:05:50 +0000

Cassie, you are very welcome

By: Cassie Kane

Cassie Kane — Thu, 14 May 2009 11:19:25 +0000

nothing to say.thankyou

By: Mallorca Property

Mallorca Property — Sat, 30 Aug 2008 08:45:03 +0000

Mallorca Property…

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