Recent content by MikeUpNorth

  1. Realistic buyers...

    Whoever can convince a bank to lend them a few billion and execute a new leveraged buy out.
  2. Is Jadon Sancho really worth the 100 plus million fee?

    Still not convinced he’s worth a big fee. Would be a massive gamble.
  3. England in India 2021

    May as well try something different!
  4. MPs call for Uber to be stripped of its London licence

    Presumably the ruling that drivers are classed as working "from the time they log on to the app, until they log off" has big implications. As the BBC article hints at, I guess Uber will have to limit the number of drivers that can be working at any one time to keep its wage costs manageable? I...
  5. MPs call for Uber to be stripped of its London licence

    The right decision. How much more am I going to have to pay for my rides now?
  6. Wealth Tax in the UK

    Are we talking about SSAS? I thought you could hold commercial property in a SIPP, but not 100% sure.
  7. Wealth Tax in the UK

    Wow, really? What are they invested in?! The market is up nearly 200% over the last 10 years.
  8. Wealth Tax in the UK

    There's still the big benefit of tax relief on your contributions!
  9. Wealth Tax in the UK

    NI is a mess. I don't get the arguments for why it is charged only on certain types of income, and at different rates between employees and self-employed. There must be reasons why merging it with income tax is a bad idea, but I can't think of them (I guess you could make the argument that...
  10. Wealth Tax in the UK

    Mate, you're just reading the page wrong. "There is now a single set of contribution rates across Civil Service Pensions, regardless of whether members are in classic, classic plus, premium, nuvos or alpha. The rates are set out in the tables below." You can read full details here...
  11. Wealth Tax in the UK

    Yes, it’s defined benefit, with the employer taking the investment risk rather than the individual. The employer obviously still has to pay in a massive contribution to make the sums add up, and you can see the contribution on your payslip. And that link is for all civil service schemes...
  12. Wealth Tax in the UK

    Looks correct to me: https://www.civilservicepensionscheme.org.uk/members/contribution-rates/ @esmufc07 wouldn't lie to us.
  13. Wealth Tax in the UK

    Well said.
  14. Wealth Tax in the UK

    There isn't really an immediate problem. The government can borrow at historically low rates. It can borrow for 10 years at 0.62%, and 30 years at 1.22%.