FabSwingers.com > Forums > The Lounge > You just won £10m on the lottery......
You just won £10m on the lottery......
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By (user no longer on site)
over a year ago
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A house by the sea. A nice rig and new bass, trust fund for my kids, and helping the homeless with the rest. I’d consider still working because I love my job. |
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By (user no longer on site)
over a year ago
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1st class flight out of this country, to New Zealand. Take a couple of months there to explore.
Fly to Italy, and find my new home in a mountainous region.
Pop a couple of quid into my parents, and my brothers accounts.
That’ll do for me. |
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I could do with a new van, but it's not essential.... Err I'm really struggling with this one. A meal out? No scratch that, the restaurants round here are shit. I'll buy some floating fish food for my koi, that's what I'll buy. |
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"You see I've contemplated this for some time.
Does anyone know what the tax implications are for family if I where to buy my children a house each and car's,give them money etc?"
You'll have to be careful with this one. HMRC will be on you like a tramp on chips. |
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"You see I've contemplated this for some time.
Does anyone know what the tax implications are for family if I where to buy my children a house each and car's,give them money etc?"
If you live seven years from making the gift, there should be no IHT liability
Fairly cheap and easy to fix and won't eat into your kids inheritance too much x |
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By *elloWoman
over a year ago
alpha centauri |
A new car because my old banger is so noisy that it hurts my ears having to turn the radio up so loud just to drown out all the rattling, banging, whoop whooping and clunking it's doing.
Please note I'm not a trained mechanic therefore some of the words I've used to describe what wrong with the car may not be 100% accurate |
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By (user no longer on site)
over a year ago
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£10m sounds like a lot but it probably won’t last a lifetime in todays age. I’d probably go stupid and buy a Lamborghini or Ferrari, but not the new ones, I’d want one that I had on my bedroom wall as a kid like the Countach or Testarossa. I’d pay off loans and credit cards but I don’t think I’d be able to retire, just live a bit more comfortably |
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By *orny-DJMan
over a year ago
Leigh-on-Sea |
"You see I've contemplated this for some time.
Does anyone know what the tax implications are for family if I where to buy my children a house each and car's,give them money etc?
If you live seven years from making the gift, there should be no IHT liability
Fairly cheap and easy to fix and won't eat into your kids inheritance too much x"
Exactly |
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"You see I've contemplated this for some time.
Does anyone know what the tax implications are for family if I where to buy my children a house each and car's,give them money etc?"
In the UK you can give whatever you want BUT you then have to survive 7 years so they don't have to pay inheritance tax. So just don't Cark it straight after. |
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By *rispyDuckMan
over a year ago
Chinese Takeaway near you |
"Whats the first thing you are buying "
Sleeping tablets
Reason- you unlikely to be getting a good sleep due to the excitement of winning such an amount. And few good decisions are made when you’re tired!
Next would be a consultation with a reputable financial advisor |
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By (user no longer on site)
over a year ago
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"All my debt and then quit my job and become a recluse
You should by a little book shop, that way you would still be making money while having all of the latest books to read while at work.
K"
That would be a wet dream for F but bore me to death |
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"All my debt and then quit my job and become a recluse
You should by a little book shop, that way you would still be making money while having all of the latest books to read while at work.
K
That would be a wet dream for F but bore me to death "
Who said you have to be involved? :D You can have your own business:D
K |
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By (user no longer on site)
over a year ago
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"All my debt and then quit my job and become a recluse
You should by a little book shop, that way you would still be making money while having all of the latest books to read while at work.
K
That would be a wet dream for F but bore me to death
Who said you have to be involved? :D You can have your own business:D
K"
Because this is my £10m not hers |
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