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Old 22.04.2020, 11:13
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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As UK residents they will be liable to UK income tax on worldwide income & gains, trust fund kids receive their income as income that is fully taxable.

You are again talking in an authoritative manner without having any real idea of how the UK tax system works.
I know how the UK tax system works - I've never had a trust fund though, admittedly. I didn't eay they aren't liable for taxation. I said they hadn't actively contributed to the system.

Yep. They receive it. Don't earn it.

It is lovely you think I sound authoritative though.
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