and when you die they take another 40% if you have - Wrath of the Barclay

and when you die they take another 40% if you have

anything (including your house) over the Inheritence tax threshold

Posted By: Commisar_Canary on September 12th 2007 at 22:38:27

Message Thread

Oi, SIH, re Income tax. (General Chat) - CB41, Sep 12, 13:30:49
- Except that we have both. (General Chat) - tudders, Sep 12, 13:36:14
  - and when you die they take another 40% if you have (General Chat) - Commisar_Canary, Sep 12, 22:38:27
  - I thought we had one of the lowest IT rates in Europe - (General Chat) - CB41, Sep 12, 13:40:03
  - You're not hammered on income tax (n/m) (General Chat) - Steve in Holland, Sep 12, 13:39:06
    - You don't think? (General Chat) - tudders, Sep 12, 13:41:08
      - Yeah but not many pay top rate. (n/m) (General Chat) - CB41, Sep 12, 13:42:07
        
        A lot more than you think. (n/m) (General Chat) - tudders, Sep 12, 13:47:58
        
        Percentage of working population? (General Chat) - CB41, Sep 12, 13:51:18
        
        9 obviously... (n/m) (General Chat) - blindasabat, Sep 12, 14:25:05
- Yes, because people didn't really understand it I believe. I prefer (General Chat) - Steve in Holland, Sep 12, 13:35:11
  - Me too, but I think the rationale was - (General Chat) - CB41, Sep 12, 13:41:13
    - Dont forget Purchase tax existed before Thatcher was PM (General Chat) - Commisar_Canary, Sep 12, 22:41:17

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