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Dishing the dirt is generally fine when it comes to politicians and in Farage's case he often deserves it but nothing illegal has been done. It is not illegal for him to give his partner a sizeable amount of money with which to buy a house and have it registered in her name. He is 64 years old and his partner is 16 years younger and so he most likely is making plans to minimise IHT. There is a sliding scale for IHT but basically a gift is free of IHT if the gift is made 7 years before the donor dies. Farage is 64 years old and his partner is 16 years younger. In 7 years time, if he lives that long, he will be 71 years old. Given that he smokes like a chimney and drinks like a fish, his odds on getting beyond 71 years may be pretty slim. A similar process is followed by the "bank of mum and dad" where parents give money to their kids to fund purchase of a property. Many who are not cash rich will mortgage their home and so release equity to fund their kids property. We did it as have many of our friends. -
By diable rouge · Posted
Week 4 fixtures... Saturday 13th September Arsenal v Nottingham Forest AFC Bournemouth v Brighton & Hove Albion Crystal Palace v Sunderland Everton v Aston Villa Fulham v Leeds United Newcastle United v Wolverhampton Wanderers West Ham United v Tottenham Hotspur Brentford v Chelsea Sunday 14th September Burnley v Liverpool Manchester City v Manchester United -
They are being taxed into oblivion. a lot of them, previously fully subscribed (we'll call you, don't call us) are no advertising desperately for new pupils, even paying for those bulk junk mail drops. -
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