The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Gate13boy
Only the little people pay tax.
That is why all the elite(a term I use sarcastically ) have their little off shore accounts.
The reason Her Majesties Governments build in loop holes into the tax system.
The reason if you buy more than one property from the same seller at the same time you save on stamp duty!
The reason off shore companies can own property in the UK , buy the company with the house for the value of the house and save loads of money, ask Tony Blair !
The reason farmland does not attract IHT Mr Clarkson and Co can leave the lot to their family with no tax to pay. And a lot of wealthy people own farm land .
In fact the reason you do not see many Americans in the Pandora list and the Panama papers is that they do not need to hide it they pay little anyway.
Then the recent scam, the wealthy have their Foundations, even that man Blair has one, donations go in and they can just stay there or can be used by the founders and of course it is tax efficient! And even Prince Charles as a foundation, into which wealthy Arabs etc donate and they get a knighthood and a British passport in return.
That's Mary celeste of course, or of course happy days.
We have just been cast adrift now for 3months at least,up a creek without a paddle,the mriah selest sails again as Lloyd's bank,loaded with bullion,enjoy your day,dyor.
Brixton.
Master bater , is good for your prostrate a medical fact.
Asperger1
I think we should go with your second option regarding management .
They seem reluctant to commit to anything.
"Lloyds Banking stays tight-lipped on dividends and buybacks so what is it planning?"
Heard one of the post presentation Q&A's try to push for time frame re return to CET1 13.5 (12.5+1 buffer) - was met with just defection waffle from Chief Financial Officer William Chalmers
I will post transcript when it's released
Meanwhile, I note Total Voting Rights have once again exceeded 71bn in today's RNS
Making shareholders wait till YE results for any payout is one thing, but with Barc & HSBC both buying back, why oh why are Lloy dragging their feet?
Grand plan or weak and uncertain management?
I wonder if falky plays with nat west ,
Lti hardup dis and other , and wonder if not , the reason .
Let's try master bater
Forgot i have bought a food company but not allowed to have sport with that anymore , upsets x wave ****** .
MV
No sold Barcs and Nat West some of Lloyds
Holding cash
Brixton.
In my opinion gained over some decades, banks should stick to what they know, which sometimes is not that much!.
They will go into renting, and find it is not that easy, then they will sell the unit on at a loss in the near future, that is usually the case when industries try to get to smart. Easy to play with others money, if they win they get a bonus if it goes pear shape share holders take the loss, the manager goes with a big pot of our money, rather like football managers, just get sacked walk away with a few million and into the next job.
Brixton.
Are you into Barclays?
Baffledby Zerp
The only problem with sovereigns is the premium when you buy, specially if you buy in single or small lots.
Then there are a lot of fakes on Ebay etc , the chinese our little yellow friends make fakes even containing some gold but not 22carat! .
I started buying old gold as they say, learn how to check it, and send it to the Gold dealers in Birmingham for the best prices, but take out any gems etc, you will not be paid for them , same with gold watches take out the inners and sell on Ebay.
Gate13Boy.
And they will be hiding other costs which we should not be loaded with, like the billions on the illegals crawling into the country every year, they don't come cheap these people. Those 500 Afghan interpreters which turned out to be 3500 when their families are included. Then there is of course the unknown number which they will hide from us.
There already is a wealth tax in place which is stealthy in nature. Freezing the thresholds for inheritance tax and Lifetime Pension allowance for 5 years is a huge wealth tax which will entrap more in its net every year assuming there is no stock market or housing market crash.
Someone had to pay for the pandemic, furlough etc etc and Sunak has been quite adept at disguising what is really going on. I've never voted Labour but the £37bn spent on track and trace has been a huge waste of taxpayers money that the Tories should be ashamed of.
Lucky
Am also looking nwg
Timing
kids just need to know what floorboards to look under ! My silver Dollars collection is so heavy I cant even pick it up in 1 go !
Might be able to take the lloy stabilisers off by end of the day ! NWG is calling for me to top up though !
Sod inheritance tax gold can go walk about easy !
Lurker, Gold soverigns are specie and are not therfore subject to CGT I believe. when you sell but IHT will be due on the proceeds if passed on, no pun intended. I believe that is the position but can see the merit in you thinking.
Research just comes my way i don't look for it let others do that , i work on sentiment and outside U.K. Big players issues. Especially with Banks .
Thanks Brixton I think the Gov don't want any small time landlords anywhere they just want a spattering of big boys around such as Lloyd's etc much easier and cheaper for them to handle and keep control of imho dyor.
Buy to let at top market and huge building materials cost and cost of living affordability.
Banks : China housing debt collapse which is vast . USA senators vote on debt and their money printing .
Brixton can you give some more reasons of your concerns about buy to let and the banks many thanks I have an interest in this area myself enjoy your day.
Lloyds is not exactly a "close my position for the weekend" type of share really. That's more relevant to the mid-cappers and tacky AIM listers!! This will finish above 50p. . . . just :)
Diversify I have quite a large gold / silver coin collection all secreted throughout my house .
In the early 90s I used to buy 10 gold sovereign every month for £450-500 in charing cross . Same shop still there bet they cant tax that ! One of best investments i ever made though !