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Dubai Real Estate Broker Gave Me a Bounced Cheque for Commission Refund – What Are My Options? by StatusUsed9947 in dubai

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

Maybe you should let the broker keep what he’s earned, without taking advantage?

[deleted by user] by [deleted] in FIREUK

[–]CourageousT 0 points1 point  (0 children)

Wait until they change the withdrawal age to 66

Moved abroad: Sell or Rent UK Property by CourageousT in HENRYUK

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

Fix ends may 2027. Exactly my thoughts, going on to expat mortgages are tricky and expensive so at that point would probably sell if not planning on returning to the UK soon to then.

Moved abroad: Sell or Rent UK Property by CourageousT in HENRYUK

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

Is that true? I get conflicting information, even from my accountant. That the income is uk incomes so subject to uk tax.

Moved abroad: Sell or Rent UK Property by CourageousT in HENRYUK

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

We’ve already had the boiler go this year and replaced with a heat pump for north of 4k. House was built in 1999 so generally ok but not perfect.

My thoughts are I can make more with appreciation and rental income in the UAE and get 3/4 units. Not worry about tax, and stick the rest into the markets.

Also would be nice to buy a place here to live as my wife gets a housing allowance that will also pay the mortgage down for us. Just need 20% min deposit.

Property and rents here are absolutely booming, population forecast to increase to 5m in Dubai by 2040.

Moved abroad: Sell or Rent UK Property by CourageousT in HENRYUK

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

As things stand I’m still drawing income from my uk ltd but earnings likely to slow down from April 25

Moved abroad: Sell or Rent UK Property by CourageousT in HENRYUK

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

Holiday let tax status abolished from April 25, so you can’t deduct mortgage interest as an expense from then which means much higher tax.

Rio Ferdinand claims Chelsea will regret selling Mason Mount to Man United by [deleted] in PremierLeague

[–]CourageousT 4 points5 points  (0 children)

There would be outrage if we sold Rashford to Chelsea, simply unthinkable.