Quote:
Originally Posted by roly
lol not everyone is a counciul house chav, i may spend less than your average non dom but i have a window cleaner, buy food, gas eletric etc etc and take nothing in any sort of benefits. so are you saying i shouldn't pay tax also? we all drive on the same roads, have the same army defend us etc.
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non doms don't pay roadtax? hehe
I think a country should bend over backwards to get non doms.
They spend a shitload of money, and the majority of it is taxed through VAT.
If costs rise, they fuck off to Jersey or Switzerland.
You dont have to be a UK citizen/nondom to buy property in the UK. There's probably more empty housing owned by non residents, with interest rates so damn low, UK property is a great longterm investment.
The buy to let does need looking into.
I managed to buy a 20k flat in the early 90's for a 2 grand deposit and a mortgage of 70 quid a month. Rented it direct to the council for 400. I was making close to 20% a year on an appreciating asset. Sold the flat 8 years later for more than double what I paid.
The councils should be building more social housing rather than spending it on rent. But thats a local thing, it's not really the central governments fault.