Search found 68 matches

by imaginatorium
Wed Mar 22, 2023 6:50 am
Forum: Real Estate
Topic: Sell property without going through estate agent
Replies: 13
Views: 3431

Re: Sell property without going through estate agent

This (stupid) software only seems to let me attach files it thinks are images. Attached doc.png is the source of the page, with the (helpfully labelled) "copyright protection" script removed. You need to download doc.png, rename it as doc.html, then open it in a browser. Sorry: "The u...
by imaginatorium
Sat Feb 25, 2023 3:14 pm
Forum: Real Estate
Topic: Personal use of investment property purchased for income tax relief
Replies: 8
Views: 2553

Re: Personal use of investment property purchased for income tax relief

Hmm. Actually we live in a 30-yr old house. Would anyone want to offer us 1000man for it? It all sounds a bit fishy to me...
by imaginatorium
Sun Feb 19, 2023 5:38 pm
Forum: Taxes
Topic: Side income tax
Replies: 4
Views: 1153

Re: Side income tax

P.S. imaginatorium's last paragraph was ninja-edited in while I was replying. it would have meant that they paid me the extra 10% (because I was accounting for it), but not the other translators I was competing with. I don't think it's a competitive disadvantage for you though, because they would a...
by imaginatorium
Sun Feb 19, 2023 5:36 am
Forum: Taxes
Topic: Side income tax
Replies: 4
Views: 1153

Re: Side income tax

Normally they should be deducting 10% "withholding tax". But if they don't, it doesn't make any difference: you simply write down the extra income, and will have to pay tax on it at your marginal rate. ... I imagine you also have regular employment, to use the white form. I think you proba...
by imaginatorium
Tue Feb 14, 2023 2:32 am
Forum: Pension
Topic: UK pension: lump sum option
Replies: 12
Views: 3205

Re: UK pension: lump sum option

Current £1952pa £110 / £1952 = 5.6% uplift £185 / £1952 = 9.5% uplift So you were in the ballpark with your estimate of 10% uplift... Your calculation is not quite right, because I forgot to mention I took some of the original pension as a lump sum. So there is no way I can see this reaching actual...
by imaginatorium
Thu Feb 09, 2023 6:00 pm
Forum: Taxes
Topic: My Inheritance experience UK version
Replies: 10
Views: 4238

Re: My Inheritance experience UK version

Beaglehound wrote: Thu Feb 09, 2023 12:43 am Interesting. Perhaps you weren’t too concerned with knowing the details but do you know why the Japan inheritance tax ended up at zero?
Hmm, yes. If I remember correctly, Jimmy Carr had a rather similar story. I wonder how that worked out...
by imaginatorium
Wed Feb 08, 2023 1:52 pm
Forum: Pension
Topic: UK pension: lump sum option
Replies: 12
Views: 3205

Re: UK pension: lump sum option

"2023 lump sum" is £3713 Unfortunately, with that amount of principle, I'm afraid any annuity will be so small that you might not notice it... Maybe about 2% per year or £75 per year... Many thanks for your reply. I am old (^_^) so I guess the figures would be a bit better than that, but ...
by imaginatorium
Wed Feb 08, 2023 11:01 am
Forum: Pension
Topic: UK pension: lump sum option
Replies: 12
Views: 3205

Re: UK pension: lump sum option

In the eighties I worked for ICL... Did you visit the Beaumont training centre much? I used to gain more weight than knowledge each time I stayed there.. Rather than folding, I thought they were acquired by Fujitsu a few years after I quit. Sorry to hear that pension ended so poorly for you. I have...
by imaginatorium
Tue Feb 07, 2023 6:41 pm
Forum: Pension
Topic: UK pension: lump sum option
Replies: 12
Views: 3205

UK pension: lump sum option

I now have to choose a lump sum or an annuity - should be pretty easy, given the figures. Except that they make it clear that if I want the lump sum I have to choose before they tell me the value of the annuity. Welcome to 1984! In the eighties I worked for ICL for about 7 years, and had a company p...
by imaginatorium
Tue Feb 07, 2023 2:51 pm
Forum: Pension
Topic: Low-payout Private Pensions: Worth keeping?
Replies: 8
Views: 2180

Re: Low-payout Private Pensions: Worth keeping?

Wales4rugbyWC19 wrote: Mon Feb 06, 2023 11:58 pm
imaginatorium wrote: Mon Feb 06, 2023 5:06 pm Just another thought: I am getting two pensions from England, ...
Is one of these the British state pension?
Yes, one is the state pension.