Not necessarily

If the transfers into a trust exceed a person’s nil-rate band, tax is owed immediately on the excess at a rate of 20 per cent. But if death occurs within seven years, the rate increases to 40 per cent.

Posted By: BearCan94 on June 9th 2021 at 14:02:59

Message Thread

BK8 Club silence - assume Webber is nowhere near this? (NCFC) - forzancfc, Jun 9, 12:23:13
- I thought Webber was responsible for the players not the finance (n/m) (NCFC) - Farkeball, Jun 9, 14:44:32
- maybe Webber is away on holiday. would normally be appropriate time for it (n/m) (NCFC) - pab, Jun 9, 13:32:09
  - Ignoring the noise 👹 (n/m) (NCFC) - KevinBond, Jun 9, 17:33:43
- I doubt Kensell cares (NCFC) - Ken Breadstick, Jun 9, 12:51:14
  - LOL......there is zero chance that he doesn’t care. (NCFC) - usacanary, Jun 9, 15:41:14
  - VMT - the club hierarchy surely can't be so incompetent (NCFC) - Mecagoenti, Jun 9, 13:10:01
    - "It seems as though cash is king as far as they are concerned." (NCFC) - Tricky Hawes, Jun 9, 14:46:02
      - no, not at all (NCFC) - Mecagoenti, Jun 9, 15:47:28
    - there's no real difference from dafabet, so they wouldn't have given it a second thought (n/m) (NCFC) - paulg, Jun 9, 13:36:14
    - Will always be the trouble with the poorest owners in top 2 leagues (n/m) (NCFC) - loz, Jun 9, 13:30:05
    - Cash appears to be king as far as anything in football goes - hence Emi going...... (n/m) (NCFC) - helvegtheowl, Jun 9, 13:16:47
      - it's a business (n/m) (NCFC) - paulg, Jun 9, 13:37:11
      - yep, at least (NCFC) - Mecagoenti, Jun 9, 13:25:50
        
        Quite. (n/m) (NCFC) - Jim, Jun 9, 13:40:49
  - Once again, Ben Tunnel is the man behind it all. (NCFC) - BearCan94, Jun 9, 13:00:12
    - Who's his boss though? It's Kensell, of the 3-person management team he is responsible for (NCFC) - NxNW, Jun 9, 13:01:19
      - Fair enough, not saying they arent all guilty. Its what you get when... (NCFC) - BearCan94, Jun 9, 13:03:56
        
        I know this is a popular stick (NCFC) - Henclrikus, Jun 9, 13:24:42
        
        I’d like to know that actually. Have they ever said this anywhere? (n/m) (NCFC) - jamesward, Jun 9, 13:26:31
        
        Of course not, but he was 'given' the role of director after being a civil servent (NCFC) - BearCan94, Jun 9, 13:36:23
        
        Yes (NCFC) - Old Git, Jun 9, 13:34:54
        
        I thought that was the case (n/m) (NCFC) - jamesward, Jun 9, 13:52:51
        
        any lawyers here? (NCFC) - Henclrikus, Jun 9, 13:45:21
        
        Hmm (NCFC) - jamesward, Jun 9, 13:55:01
        
        Good grief (NCFC) - Old Git, Jun 9, 13:54:38
        
        my point was, and remains (NCFC) - Henclrikus, Jun 9, 14:15:26
        
        Sorry... where did I say or imagine he will be 'given the club' ?? (NCFC) - BearCan94, Jun 9, 14:18:53
        
        well, about 30 minutes ago (NCFC) - Henclrikus, Jun 9, 14:36:29
        
        "he was 'given' the role of director after being a civil servent" (NCFC) - BearCan94, Jun 9, 14:43:15
        
        clearly the NCFC Board does not score highly (NCFC) - Henclrikus, Jun 9, 14:59:05
        
        Quite (NCFC) - CWC, Jun 9, 13:58:51
        
        I used to work for a mid-sized family company where the sole shareholder gifted his full (NCFC) - NxNW, Jun 9, 14:06:27
        
        apples & oranges (NCFC) - CWC, Jun 9, 15:01:15
        
        It's not so much about profit as control (NCFC) - Old Git, Jun 9, 14:10:07
        
        Assume it's also one way to dodge some inheritance tax? (n/m) (NCFC) - jamesward, Jun 9, 13:58:13
        
        Not necessarily (NCFC) - BearCan94, Jun 9, 14:02:59
        
        Ohhh good find! (n/m) (NCFC) - BearCan94, Jun 9, 13:37:16
        
        I think you're confusing the roles of the Board and the Exec Committee at NCFC (n/m) (NCFC) - NxNW, Jun 9, 13:07:32
        
        No. No I'm not. (NCFC) - BearCan94, Jun 9, 13:09:16
        
        😂👍 (n/m) (NCFC) - helvegtheowl, Jun 9, 13:17:51
  - I'm not sure it will blow over (NCFC) - NxNW, Jun 9, 12:59:32
    - It depends who is doing the ‘blowing’ (n/m) (NCFC) - Tier2canary, Jun 9, 14:02:27
- I’m pretty sure he’ll be involved (n/m) (NCFC) - Duck, Jun 9, 12:43:32
  - He's nothing to do with that side of the business surely? (NCFC) - BearCan94, Jun 9, 12:45:04
    - Doing a Winston Wolf I imagine (n/m) (NCFC) - KevinBond, Jun 9, 12:49:52
- This is Ben Kensall’s dept isn’t it ?... (NCFC) - loz, Jun 9, 12:30:37
  - That rather depends on the contract... (NCFC) - CWC, Jun 9, 13:44:33
  - The offensive images encapsulate what BK8 are all anout (NCFC) - Tier2canary, Jun 9, 12:39:10
  - if thats the case (NCFC) - ghostof barry butler, Jun 9, 12:34:32
  - Aye thought as much. Webber must be seething tho (n/m) (NCFC) - forzancfc, Jun 9, 12:34:31
    - Indeed. Most will assume Webber involvement if they don’t know the set up (NCFC) - Tier2canary, Jun 9, 12:51:51

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