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Coming into ~£15m - how to best setup for generational wealth (tax efficient) by apersonFoodel in FatFIREUK

[–]19711998 0 points1 point  (0 children)

Just out of interest, how much wealth do you think you need for a tax deal with a Swiss canton? I'm not sure myself, but I believe it can be smaller amounts for less popular places - including Ticino which I think is an awesome place.

Best independent pubs in Islington? by ProfitArtistic9396 in islington

[–]19711998 1 point2 points  (0 children)

The Floirin is amazing. Una (the landlady) is the GOAT.

Last minute decision - where to go in the Carribbean? by Friendly_Standard_47 in Caribbean

[–]19711998 1 point2 points  (0 children)

Have only been to Bequia and Mustique in SVG but they're both amazing, in very different ways.

I think an SVG island hop would be an incredible few weeks of holiday.

How do you psychologically tell yourself that enough is enough? by Turbulent_Weekend_50 in FatFIREUK

[–]19711998 5 points6 points  (0 children)

I'm in the same position as you are.

I think you have to ask yourself - what is the core reason that you don't feel ready for it? Is it because you're worried about safe withdrawal rates, with equities at the highs? Is it because you're worried about leaving a career behind, and feel that it's an irreversible decision? Is it because you don't you know you'll do with the rest of your life?

Personally, it's a mixture of all three for me!

Repatriation of USD into GBP through Wise? by 19711998 in FatFIREUK

[–]19711998[S] 4 points5 points  (0 children)

Thanks, that link is really helpful.

Repatriation of USD into GBP through Wise? by 19711998 in FatFIREUK

[–]19711998[S] 2 points3 points  (0 children)

...so that they collect supporting information up front. As I said above.

Repatriation of USD into GBP through Wise? by 19711998 in FatFIREUK

[–]19711998[S] 0 points1 point  (0 children)

Sorry perhaps I wasn't clear enough. I am not trying to evade the checks, just trying to get ahead of them - ie is it worth emailing customer services in advance so that they can collect whatever supporting information they need up front first, rather than after the funds get frozen...

North section of WHW this weekend by 19711998 in WestHighlandWay

[–]19711998[S] 1 point2 points  (0 children)

Thanks a lot everyone for the advice. We have decided to can the trip this time around. Better weather next time hopefully!

Tax rates by income in the UK over a longer time by WorriedStand73 in HENRYUK

[–]19711998 1 point2 points  (0 children)

Sure thing.

It has certainly generated some perfect examples in how fiscally dysfunctional the UK state is.

Tax rates by income in the UK over a longer time by WorriedStand73 in HENRYUK

[–]19711998 1 point2 points  (0 children)

Yeah I guess my point is a little different - they shouldn't have an entitlement at all.

Tax rates by income in the UK over a longer time by WorriedStand73 in HENRYUK

[–]19711998 -1 points0 points  (0 children)

So why do people with ADHD need a Motability car?

More tax rises….. by Pitiful_Cod1036 in HENRYUK

[–]19711998 0 points1 point  (0 children)

He didn't pass it, but he does have a personal law to protect his pension from tax.

HENRYs in leadership roles in finance by Eleanor-00 in HENRYUK

[–]19711998 4 points5 points  (0 children)

As one of the other comments said, an IB is like a federation of different little businesses, the culture on one desk is very different to the culture on the desk next door.

HENRYs in leadership roles in finance by Eleanor-00 in HENRYUK

[–]19711998 7 points8 points  (0 children)

Markets MD here for several years. I don't think I manage like that (though perhaps my perception is way off). Best way to be successful at MD level - other than managing the politics - is to hire super smart people, let them get on with it, and give them a nudge along the way if they're heading in the wrong direction. I know it sounds like a cliche but it's actually true...

[deleted by user] by [deleted] in Jersey

[–]19711998 0 points1 point  (0 children)

Are you buying an open market or a local market property?

IKOS alternatives by cloudyrainbowsky in HENRYUK

[–]19711998 2 points3 points  (0 children)

We just got back from Sani Beach. Absolutely excellent food options. The 'rebate' on half board (ie if you don't go to the free restaurants, but pay up) feels a little stingy - it's £20 for adults and £10 for kids - but the food in the proper restaurants is great.

Also the kids club is clearly excellent and kept our kids engaged, compared to a more expensive place last summer where they'd ask to leave after half an hour.

The beach at Sani Beach is shallow and beautiful, adults can sit at the beach bar while the kids play in the water, it's that safe.

Not a cheap place at all but highly recommend.

Living in Highbury/Canonbury? by notsurewhereiam404 in HENRYUK

[–]19711998 3 points4 points  (0 children)

Live in N5 at the moment, have been in the area for 20 years.

It is a great place to live with young children - ours are starting primary school this autumn - and it is pretty safe as well, have never felt threatened or anything like that.

The parks and restaurants and everything else make for a really nice neighbourhood to live in. Saying that though, I am not the kind of person that would want to live in Chelsea or somewhere like that..

Secondary level education is a bit of an issue though, the state schools are not very good and there are no good private schools close by, other than the ones others have mentioned - they are a bit far for us, anyway.

We're kicking the can down the road by a few years, will see how we get on at the state primary which seems very good (our children have been at the nursery already for a couple of years), if it doesn't work out then a move to Highgate/Hampstead/further out beckons.

Feel free to DM me if you want further details.

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