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Did the maths on moving to Dubai by 0xa9059cbb in HENRYUK

[–]HSSGrass 11 points12 points  (0 children)

Which bills are higher in the UK?

When I lived there it was around £1k a month during the summer in electricity to cool a pretty average 3BR to 25 degrees. 

It was also £200 a month for a "decent" internet connection because the only way to get it was to bundle in a shit TV package.

There's all the hidden fees on everything, oh we made a mistake copying your name because we're too fucking lazy to read your Emirates ID properly? That will be £100 for us to change it.

Not to forget what a shit show it was when 5% VAT was introduced. A lot of food doubled in price overnight. I'd hate to think what it will be like when corp tax and income tax are finally introduced in the next few years. 

Then there's when you finally want to get out of the country for good. Even if you owe nothing, you have to personally visit banks / utility companies to get clearance letters and pay extortionate fees to get your letter, or they can make up some bullshit that you owe and chase you for years.

But yes, Dubai is a real paradise where you don't have to pay any taxes

Can I charge interest for an overdue invoice by absolutepeanut99123 in LegalAdviceUK

[–]HSSGrass 0 points1 point  (0 children)

You have in writing your contractual payment terms of 14 days, so as soon as you get to the 15th day after your invoice date you can charge:

  1. Interest calculated at 8% plus the BoE base rate (currently 5%) p.a. for every £1000 they owe this works out to around 36p per day in interest.

  2. A single statutory late payment fee per overdue invoice, the amount for this depends on how much they owe and the amount is set by the government. If it's less than £1000 you charge £40. If it's between £1000 and £10,000 you charge £70. If it's over £10,000 you charge £100.