Surrender of Bond - UK HMRC

[Char]

Yep, probably will, after all they collect the peanuts from people like us and let the rich stash their millions.

Of course, remember:

We don't pay taxes. Only the little people pay taxes. - Leona Helmsley

No I know it makes me cross we're no better than milking cows to the higher echelons of society. We create their wealth by working for them, buying their products and then protect their profits by paying the tax they don't.

[tagh]

They create the jobs you do, Char, invest, take risks, pay for research. And you consume much more in terms of education, health, welfare, family benefits etc. And you dont have to buy their products if they are so hideous; imagine where you would be without, say, Amazon, Gucci, Danone, Leclerc…,mall of which I am sure you consume with relish

[Char]

They create the jobs you do, Char, invest, take risks, pay for research. And you consume much more in terms of education, health, welfare, family benefits etc. And you dont have to buy their products if they are so hideous; imagine where you would be without, say, Amazon, Gucci, Danone, Leclerc…,mall of which I am sure you consume with relish

Gucci my bottom. I buy as little as possible, unfortunately one can't grow money.

[niemeyjt]

They create the jobs you do, Char, invest, take risks, pay for research. And you consume much more in terms of education, health, welfare, family benefits etc. And you dont have to buy their products if they are so hideous; imagine where you would be without, say, Amazon, Gucci, Danone, Leclerc…,mall of which I am sure you consume with relish

Relish on my Danone? Next you'll be telling me you put Marmalade on your fried bread.

[tagh]

Yes, marmalade on fried bread. Try it, very good

[Char]

They create the jobs you do, Char, invest, take risks, pay for research. And you consume much more in terms of education, health, welfare, family benefits etc. And you dont have to buy their products if they are so hideous; imagine where you would be without, say, Amazon, Gucci, Danone, Leclerc…,mall of which I am sure you consume with relish

Relish on my Danone? Next you'll be telling me you put Marmalade on your fried bread.

[elsie]

I've just seen this on another forum about a change of HMRC rules (the person posting it had had discussions with HMRC to confirm this):

For each new pension or other source of UK income that starts, HMRC will reset your Tax code to the emergency tax code(1257) so that means that your pension (including the lump sum if applicable) is taxed at source.

In order to rectify the situation, you need to fill in a UK DT-Individual form https://www.gov.uk/government/publicati ... individual 4 no matter how many times you have filled this in before. It then has to be stamped by the tax authorities here and returned to HMRC.

If you don't do this, any other UK pensions and income could also be taxed in the UK, if your income exceeds the tax free allowance (£12570), until the HMRC have the form.

[Char]

I've just seen this on another forum about a change of HMRC rules:
For each new pension or other source of UK income that starts, HMRC will reset your Tax code to the emergency tax code(1257) so that means that your pension (including the lump sum if applicable) is taxed at source.

In order to rectify the situation, you need to fill in a UK DT-Individual form https://www.gov.uk/government/publicati ... individual 4 no matter how many times you have filled this in before. It then has to be stamped by the tax authorities here and returned to HMRC.

If you don't do this, any other UK pensions and income could also be taxed in the UK if your income exceeds the tax free allowance (£12570) until the HMRC have the form.

Thanks elsie, more hoop jumping for most of us by the looks of it.

[exile]

It's what the UK is getting good at - bureaucratic nonsense.

Wasn't one of the reasons from Brexit to get away from bureaucracy?

Ah but that was foreign bureaucracy. Now you can have good old British bureaucracy.