View Poll Results: What would you personally prefer to happen? |
I want the UK to stay in an ever-closer union
|    | 49 | 23.11% |
I want the UK to stay in a loosely connected EU
|    | 68 | 32.08% |
I want the UK out because the EU is bad for the UK
|    | 22 | 10.38% |
I want the UK out because the EU is a bad thing
|    | 23 | 10.85% |
I want the UK out because this would be good for the rest of us
|    | 17 | 8.02% |
I don't really care
|    | 33 | 15.57% |  | | | 
28.10.2019, 13:41
| Forum Legend | | Join Date: Oct 2014 Location: Nyon
Posts: 3,820
Groaned at 180 Times in 135 Posts
Thanked 5,062 Times in 2,402 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in
"Coastbound" is a direction? In England when you are never more than a hop, skip and a jump from the coast, whatever direction you go?
| 
28.10.2019, 13:46
|  | Member | | Join Date: Sep 2019 Location: In the shadows of your mind.
Posts: 155
Groaned at 4 Times in 2 Posts
Thanked 338 Times in 143 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in
As anyone started a book going that even with this extension, they'll still be arguing in January and we'll still be no further forward.
Boris needs to remove the broom from his derriêre and stop acting the buffoon. In today's Parliament, the circus never seems to leave town.
| 
28.10.2019, 13:48
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in
Cancel it, go back to the drawing board, come up with a proper plan, then present it to the people in five years, ten years, however long it takes to do it properly.
Really, what a bunch of totally useless tossers the Tories have turned out to be.
| The following 11 users would like to thank for this useful post: | | 
28.10.2019, 13:49
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | "Coastbound" is a direction? In England when you are never more than a hop, skip and a jump from the coast, whatever direction you go? | | | | | Sure, you can append "bound" to almost anything to imply directionality.
My least favourite direction is "Eggbound".
| This user would like to thank for this useful post: | | 
28.10.2019, 13:51
|  | Forum Legend | | Join Date: Apr 2010 Location: Verbier
Posts: 19,388
Groaned at 413 Times in 307 Posts
Thanked 19,324 Times in 10,387 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | "in sat 18 months" means "within 18 months of having gifted", right?
Just a guess because otherwise the total wealth tax rate in your example would exceed two thirds: aren't CGT and IHT offset, so net IHT if death occured in sat would be 480k? The analogous question arises WRT an inter-vivos trust and the 20% IHT that falls due upon its founding.
What hasn't been touched upon is income. An inter-vivos trust doesn't pay income tax, right? Ignoring the 6% every ten years (some of which seems likely to be bypassed by chosing the appropriate assets), isn't it correct to say that a trust's income is untaxed until paid out, at which point it's to be taxed as income by the recipient, right?
With tax rates like that nothing needs to get sold, that's what income is for, a small portion will do. | | | | | No offset with CGT against IHT, both totally separate.
Income in a trust is usually taxable in the recipients hands, if retained its taxed more highly than a person as allowance & rates are higher
Trusts are generally for asset protection, prevents kids & wife spending too much money & are not tax efficient today. Running costs will be 2-3% on a trust of 1,000,000
In reality few people can afford to give away assets, the CGT invested would likely pay the higher IHT, if further assets sold to pay the CGT then more CGT to pay. Taking life insurance for 7 years is an option, less so aged 70
| 
28.10.2019, 13:52
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: |  | | | Cancel it, go back to the drawing board, come up with a proper plan, then present it to the people in five years, ten years, however long it takes to do it properly.
Really, what a bunch of totally useless tossers the Tories have turned out to be. | | | | | Well, if you as Brexiteer #1 (ok, #2 let's be honest) are now saying this, then it shows how far the pendulum has swung.
To be honest, if we do reassess, come up with a plan, show honest impact assessments and have a vote where people are clued up, i'm all for it and happy to accept the outcome. What I am not in favour of is this rush-job, self-aggrandizing mess that the Tories are trying to force down everyone's collective gullets.
| The following 6 users would like to thank for this useful post: | | 
28.10.2019, 13:59
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: |  | | | Cancel it, go back to the drawing board, come up with a proper plan, then present it to the people in five years, ten years, however long it takes to do it properly.
Really, what a bunch of totally useless tossers the Tories have turned out to be. | | | | | It's quite telling when you look at the kind of people who are pushing a "rush-it-through-and-don't-look-too-hard-at-the-details" kind of Brexit.
I think if it was done properly and not rushed, there would be a fair few more Remainers going for it.
| This user would like to thank for this useful post: | | 
28.10.2019, 14:10
|  | Forum Legend | | Join Date: Nov 2015 Location: Küsnacht, Switzerland
Posts: 3,889
Groaned at 105 Times in 96 Posts
Thanked 10,610 Times in 4,679 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: |  | | | Cancel it, go back to the drawing board, come up with a proper plan, then present it to the people in five years, ten years, however long it takes to do it properly. | | | | | I'm reading that as spending the next 10yrs punctuating every positive political decision with "And you wouldn't get that with Brexit!" | Quote: |  | | | I think if it was done properly and not rushed, there would be a fair few more Remainers going for it. | | | | | I'm not one of them. Not heard a positive tangible benefit in 4yrs of debate.
| 
28.10.2019, 14:11
| Forum Legend | | Join Date: Mar 2013 Location: Formerly in Neuchatel
Posts: 2,964
Groaned at 231 Times in 158 Posts
Thanked 5,592 Times in 2,081 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in
This proposed general election. Tories want the 12th Dec but the SNP want the 9th. What's the big fuss over 3 days here? Feel I missed something
| This user would like to thank porsch1909 for this useful post: | | 
28.10.2019, 14:13
| Senior Member | | Join Date: Jan 2014 Location: Zurich
Posts: 330
Groaned at 35 Times in 31 Posts
Thanked 763 Times in 391 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | | | | | | I wonder whether number 10 are digging a ditch in the back garden in which to throw two ( Theresa May &
Boris Johnson ) PM lookalike mannequins from Madame Tussauds before burying them with full honour's;
to mourn the passing of yet another 'do or die' deadline Brexit date by the Tory Government.
Maybe future generations might forget who lies buried at the back of number 10 until future historians
hit upon the idea of let's call it: The Tomb of the Unknown Brexiteers !!
Last edited by John William; 28.10.2019 at 14:23.
| 
28.10.2019, 14:13
|  | Forum Legend | | Join Date: Jan 2010 Location: Neuchâtel
Posts: 12,041
Groaned at 198 Times in 175 Posts
Thanked 19,288 Times in 8,022 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | This proposed general election. Tories want the 12th Dec but the SNP want the 9th. What's the big fuss over 3 days here? Feel I missed something | | | | | Elections are always on Thursdays in the UK. How can they have it on a Monday? | This user would like to thank Belgianmum for this useful post: | | 
28.10.2019, 14:20
|  | Forum Legend | | Join Date: Apr 2010 Location: Verbier
Posts: 19,388
Groaned at 413 Times in 307 Posts
Thanked 19,324 Times in 10,387 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | Elections are always on Thursdays in the UK. How can they have it on a Monday? | | | | | The SNP have not struck me as being very clever, they do make the Conservatives seem more competent, quite an own goal
| 
28.10.2019, 14:21
| Forum Legend | | Join Date: Oct 2014 Location: Nyon
Posts: 3,820
Groaned at 180 Times in 135 Posts
Thanked 5,062 Times in 2,402 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | Elections are always on Thursdays in the UK. How can they have it on a Monday? | | | | | Traditionally they are always on a Thursday, but this is not written into law.
Thursdays were chosen because way back when somebody guessed you would get the highest turnout on a Thursday.
Dominic Cummings et al would prefer a lower turnout.
I’d think Sunday would actually provide the largest turnout.
So why don’t they have the second Referendum on Sunday and the election the following Thursday.
| 
28.10.2019, 14:28
|  | Forum Legend | | Join Date: Nov 2015 Location: Küsnacht, Switzerland
Posts: 3,889
Groaned at 105 Times in 96 Posts
Thanked 10,610 Times in 4,679 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | Tories want the 12th Dec but the SNP want the 9th. What's the big fuss over 3 days here? Feel I missed something | | | | | Multiple things depending who you listen to.
1. Tories say 12 Dec offers the 3 days of debate they want to pass the WA.
2. Tories claim 9 Dec removes that debate time owing to the dissolution of Parliament.
3. PM led GE plan leaves the power to move the GE date in the hands of the PM, therefore he could force the UK to crash out of the EU at any point.
4. Uni terms end on either 9 Dec (Oxford, etc) or 13 Dec in many others. 9 Dec GE would catch the largest quota of student votes.
5. PM GE would be using the FTPA and require 2/3 of the vote to pass.
6. LD/SNP GE would be a one page amendable paper and only require a simple majority vote, therefore far more likely to garner enough support in the HoC.
I'm sure there are more reasons but I can't think of them off the top of my head.
Personally, I'm not in favour of either option and have emailed my local LD branch, British In Europe and the British Embassy yesterday expressing my concern. Despite what anyone might think, that's extremely out of character for me and I've never emailed the LDs or the British Embassy before.
Two reasons...
1. The European Parliament Elections vote fiasco hasn't been addressed properly yet, nevermind resolved.
2. The CWU postal workers union have pending strike action. The dates have yet to be announced, but on social media they have been open about deliberately planning it take place on dates which will be detrimental to the postal votes, because they misguidedly believe that the majority of postal voters are Conservatives. N.B. Quick question please? Does anyone here have a proxy postal vote set up in the UK with a person who doesn't live in their voting constituency?
Last edited by Blueangel; 28.10.2019 at 14:36.
Reason: Not 75% but 2/3. Sorry!
| The following 3 users would like to thank Blueangel for this useful post: | | 
28.10.2019, 14:29
| Senior Member | | Join Date: Feb 2008 Location: Zurich
Posts: 388
Groaned at 77 Times in 60 Posts
Thanked 1,416 Times in 571 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: |  | | | Sure, you can append "bound" to almost anything to imply directionality.
My least favourite direction is "Eggbound". | | | | | in English words that end like that abound.
| 
28.10.2019, 14:30
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | The SNP have not struck me as being very clever, they do make the Conservatives seem more competent, quite an own goal | | | | | Given the incompetence of the Tories thus far, it would seem the SNP /LDs aren't taking any chances and fighting for the max number of days before 31st Jan deadline.
It's not difficult to see the logic.
| This user would like to thank for this useful post: | | 
28.10.2019, 14:31
|  | Forum Legend | | Join Date: Oct 2006 Location: canton ZH
Posts: 11,681
Groaned at 190 Times in 157 Posts
Thanked 13,159 Times in 6,861 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | | | | | | <<The president of the European Parliament, David Sassoli, said the extension was "positive", and "gives time for the UK to make clear what it wants". >> | The following 2 users would like to thank curley for this useful post: | | 
28.10.2019, 14:34
| Forum Legend | | Join Date: Mar 2013 Location: Formerly in Neuchatel
Posts: 2,964
Groaned at 231 Times in 158 Posts
Thanked 5,592 Times in 2,081 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: |  | | | Given the incompetence of the Tories thus far, it would seem the SNP /LDs aren't taking any chances and fighting for the max number of days before 31st Jan deadline.
It's not difficult to see the logic. | | | | | The SNP want the 9th though so will get 3 days less
| This user would like to thank porsch1909 for this useful post: | | 
28.10.2019, 14:53
|  | Forum Legend | | Join Date: Apr 2010 Location: Verbier
Posts: 19,388
Groaned at 413 Times in 307 Posts
Thanked 19,324 Times in 10,387 Posts
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: |  | | | Given the incompetence of the Tories thus far, it would seem the SNP /LDs aren't taking any chances and fighting for the max number of days before 31st Jan deadline.
It's not difficult to see the logic. | | | | | | Quote: | |  | | | The SNP want the 9th though so will get 3 days less | | | | | I never thought Sandgrounder or StirB who thanked the post were particularly strong on logic, thanks for pointing this out | 
28.10.2019, 14:55
| | Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in | Quote: | |  | | | The SNP want the 9th though so will get 3 days less | | | | | But three days more from GE to eventual exit, though. I guess this is the time when the SNP/LD assumes the Tories will do their damnedest to force amendments and other shenanigans, so are looking for max time to deal with it.
| The following 2 users would like to thank for this useful post: | |
Currently Active Users Viewing This Thread: 16 (0 members and 16 guests) | | Thread Tools | | Display Modes | Linear Mode |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT +2. The time now is 10:30. | |