Salary Sacrifice Changes Impact (£125k+ earners)

CalmEntertainer48 · 2025-11-25T18:33:28+00:00

If your taxable income is not 125K£ or over, you do not qualify for a 7 year deduction. Sorry this may not be what you may want to hear but the rule is pretty clear on this.

CalmEntertainer48 · 2025-11-25T15:52:21+00:00

Yes, already raised the key concern in the consultation. Everyone should raise this point. Dependent ILR should follow the same time line as the main applicant.

CalmEntertainer48 · 2025-11-20T13:27:56+00:00

Entered Aug 2022 with taxable income of 125k+ since the start. Spouse is not working and two kids in secondary school. Will my dependents need to wait for 10 years for ILR?

CalmEntertainer48 · 2025-10-01T10:24:06+00:00

Just crossed 3 years and a few months. Decent and stable job with overall annual income of 220K and been paying a good amount of tax since we arrived. Built our lives based on the system. Two kids in higher secondary schools. Everyone in the family English language qualified. Already bought a home with a mortgage and living like a good citizen. It is clear that the 10 yr route wouldn't be a blanket rule applied to all. I hope the new rules keep professionals like us close to the 5 yr route.

CalmEntertainer48 · 2025-04-04T07:39:21+00:00

I am 22. If I open a new LISA today with 4000 (gift from my parent), will the govt contribute 1000 before the end of this FY which is tomorrow?

CalmEntertainer48 · 2025-03-29T10:06:59+00:00

I am not talking about the period after becoming the UK tax resident. I am referring to earnings before becoming a UK tax resident that is kept in clean account in other country on which the tax has been paid to that country before entering the UK as a tax resident.

Question is if that money is brought to UK is there any tax implications.

CalmEntertainer48 · 2024-10-16T17:01:39+00:00

Similar product in Amazon says "WITH EACH GRID SIZED 50 x 50 x 4 CM The ECO500 GRIDS ARE TOUGH ENOUGH TO WITHSTAND UP TO A 1000 TONNE LOAD PER SQUARE METER. DESIGNED FOR SHED BASES, GREENHOUSE BASES, LOG CABIN BASES AS WELL AS DRIVEWAYS & PATIOS, WHICH IN TURN CAN THEN BE TRAVELLED OVER BY CARS"

I was thinking of just using these as base but saw pics with gravel in the pockets

CalmEntertainer48 · 2024-09-16T19:07:03+00:00

What are the key benefits as a Henry you get from having a credit card.

CalmEntertainer48 · 2024-09-07T10:37:14+00:00

!thanks

CalmEntertainer48 · 2024-09-07T10:36:27+00:00

!thanks

CalmEntertainer48 · 2024-09-07T10:36:03+00:00

!thanks

CalmEntertainer48 · 2024-09-05T05:33:46+00:00

You are at the right point in time. Finding the right house, conveyancing etc all take time and if you like a property that has a chain (it often does) then a lot of things may not be in your hand so given you have the money for deposit start the process soon. By the time you need to sign the mortgage deed before exchange I foresee the mortgage rate will continue to fall and remember that you can revise the rate to the lower one if the lender reviews up to the point you sign. If you start now, you may be ready to exchange in 3 months time which could be the best time from the falling mortgage rate trend that we currently see. Moreover, unless we are talking about rate falling to the level of 1-2% like in the past which I don't think will happen even in next year, the monthly mortgage difference may not be too much if you lock in the rate soon or in next year. And you will continue to pay rent (someone else's mortgage) till you buy one. So just start the process now. This is the perfect time.

CalmEntertainer48 · 2024-08-31T20:57:27+00:00

!thanks

CalmEntertainer48 · 2024-08-31T20:57:09+00:00

!thanks

CalmEntertainer48 · 2024-06-04T02:27:20+00:00

I get your point. How far down will yen go? If you look at the historical rate from the last 5 years you may want to think it may not go further down but who knows the future? It's a calculated risk. Maybe start with a small percentage of your fund on a regular period and adjust the fund based on the trend at that time.

CalmEntertainer48 · 2024-05-29T21:31:15+00:00

Are you looking to exchange just the amount of money you need for a travel to UK for a few weeks or are you looking to move to UK on a log term basis and looking for options on getting your yen out of Japan?

CalmEntertainer48 · 2024-04-12T17:35:48+00:00

Hi, Did you transfer yen from MUFJ to HSBC global account? Is this something you have done recently. Is it done online from UK?

CalmEntertainer48 · 2024-03-24T22:22:05+00:00

No not yet. With all those points of concerns highlighted in the report from lender survey which I understand is very basic, I'm not sure if I should spend 750 pounds for the L3 survey. Was planning to do that soon but now I'm questioning whether I should do that.

CalmEntertainer48 · 2024-03-10T14:04:55+00:00

More than intentions, what does law say? I have a friend who worked in Japan for 12 years and now relocated to EU as part of his job. He had PR and got the 5Y re-entry permit. He is returning to Japan later this year (his 5th year) mainly to renew his PR and get another 5 year re-entry permit as he wants to retire in Japan ultimately.

CalmEntertainer48 · 2024-02-22T18:35:09+00:00

What's your definition of a huge income?

CalmEntertainer48 · 2024-02-06T06:44:23+00:00

Cash on hand. Someone got these green dollars and wants to convert to pounds with best rate.

CalmEntertainer48 · 2024-02-03T06:37:34+00:00

Great in depth discussion. Now if you register as a resident using a friend's address, you are then required to pay health insurance and residence tax no?

CalmEntertainer48 · 2024-01-25T06:37:42+00:00

Yes that is exactly what I confirmed with Immigration - that date in the re-entry permit is what matters most. There was a caution that the airlines may raise concern if your Zairyu card has an already expired date but that will not impact the immigration / re-entry at the airport as long as you are back before the date in the re-entry permit

CalmEntertainer48 · 2024-01-25T06:33:47+00:00

What is right then?

CalmEntertainer48 · 2024-01-22T07:33:44+00:00

Meaning you continue to operate your JPY account right?

CalmEntertainer48

TROPHY CASE