Man accused of rape at wife’s child care centre
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17
Quiz Time
You’ve been hoodwinked. You know who the true fascist are as you nod in agreement during your propaganda training sessions by your favorite Marxist media outlets. -
170
UK Flat – Sell or Keep Renting? Expats Who’ve Been There – What Did You Do?
No problem. This process is all so fresh in my mind and still ongoing in the case of the NRCGT filing. I would recommend getting help with the NRCGT, to avoid any overzealous questioning from HMRC. My accountant came in less than my calculations. Also, in addition to present sale costs involved the initial property purchase costs (conveyancing, solicitor, estate agent etc.) and stamp duty are all deductible, plus no VAT. To be honest, being so kind to my tenants by giving them 6 months notice backfired on me as they found an alternative rental very quickly, at the end of December 2024. This meant that my house remained empty waiting for a buyer. With no tenants and being the landlord means I am responsible for utility bills and council tax payments. Despite resistance I eventually created online accounts for these which was a lot easier to deal with in the end. Re: NRCGT - I had all the calculations on a spreadsheet and hoped to do it myself, but the filing process seemed too convoluted requiring software which I'd need to purchase. So in the end I searched for an accountant to do it for me. Because I am still in the process of filing I'd prefer not to name them yet, but once completed would be more than happy to recommend. They have all 5-star reviews on Trustpilot with only one single 4-star review and that person was happy too. I provided the house value estimate for 6th April 2015 from my own records (Zoopla) and my agent thought it was reasonable and provided a headed letter stating such. The accountant seemed to obtain an estimate from elsewhere but agreed with mine as it was within his parameters. Obviously the higher the estimate the better, if using the rebase method. GIA = general investment account. Within a GIA you are exposed to all types of taxation treatment on all investments held. Be aware of ERI (excess reportable income) and you want funds which do 'UK reporting' and only invest in income generating and distributing products, rather than accumulation funds. This will make calculating taxes for year-end far easier. As you likely already know, ISAs and SIPPs have limitations upon how much can be added per year. In the case of an expat (non-resident landlord) ISA contributions are zero, and SIPP contributions are £2,880 per year, with a further £720 tax relief added. Rental income is considered unearned income and therefore not included within pension contribution calculations. Of course, maintaining a trusted UK address can be very useful. My purchasers were first-time buyers with finance in place, presumably assisted via the bank of Mum & Dad, but that I am guessing. I finally received the proceeds at the end of June 2025, so it took quite a long time from first going to market. The first quarter of 2025 was inundated with buyers attempting to complete before the stamp duty deadline so I believe that added to the delays, plus my finicky buyers and their PITA solicitor. Some things were frustrating to deal with or pay for, such as clearing the loft or shed etc., paying for a contractor to perform such tasks which you could have done yourself quite easily. At the beginning of my rental journey back in 2012 I just did it myself, with help from online research. The agent was local and knew the area well. Same agent also marketed the house for me as we'd already established a good relationship over all those years and they gave me a good price with the selling fees. Being a landlord and selling a property is painful at the best of times, add to that doing it all remotely from 6,000 miles away just adds to the frustration. One which I am happy never to repeat, but once done being freed from the burden of being an overseas landlord and all the concerns associated is immeasurable, in my opinion. Replacing such a large illiquid asset and transforming it into investments which can be bought and sold at the touch of a button in seconds already feels wonderful. The timing could've been better (just after Trump held up his tariff board back in April), but I don't want to complain. -
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Problem logging into Kasikorn bank today. Anyone else?
I did a transfer from BKK bank to our joint account at KBank just after 2pm and a transfer between our joint account and our sons account at KBank just after 5:30 pm using internet banking. I had no problems at all. -
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Quiz Time
…and will add, what p!sses me off more than anything is not what they did to the political system and bureaucracies and their target, no, it’s what they did to the people that got sucked into believing hocus pocus concoction by the MEDIA, culprits oppressing innocent trusting gullible people. Want to see some real foot-on-the-neck death blow action and accountability taking place. If not, then we can sit back and watch the country sink into a third world dump.
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