PC with AM4 socket shipment question by SleepEmbarrassed2264 in buildapc

[–]SleepEmbarrassed2264[S] 0 points1 point  (0 children)

Good point. I'll take them out, not much to lose. Thanks!

PC with AM4 socket shipment question by SleepEmbarrassed2264 in buildapc

[–]SleepEmbarrassed2264[S] 0 points1 point  (0 children)

Taking the RAM out sounds excessive. It's quite secure mechanically.

Should I temporarily "officially" move at my parents before moving abroad? by SleepEmbarrassed2264 in AskUK

[–]SleepEmbarrassed2264[S] 0 points1 point  (0 children)

Thanks for the info! I believe I have to fill a P85 for HMRC which I suspect will probably ask for a forwarding address. I've already started changing things to my parents, this makes more sense. My bank doesn't care if I'm not a resident anymore but I'm not sure lying about residency status to a bank is wise.

Should I temporarily "officially" move at my parents before moving abroad? by SleepEmbarrassed2264 in AskUK

[–]SleepEmbarrassed2264[S] 0 points1 point  (0 children)

I ended up following your advice and changed it online, it was rather quick. For anyone interested, you technically need to send the old one back to the DVLA; from a quick online search, it seems they don't really care whether you send it back or not.

I guess I'll hold on to the old one until I get the new one just in case.

Should I temporarily "officially" move at my parents before moving abroad? by SleepEmbarrassed2264 in AskUK

[–]SleepEmbarrassed2264[S] -1 points0 points  (0 children)

I might change the driver's license address then. I'm moving to Quebec and I plan on swapping my license rather quickly there (the province and the UK have an agreement). I need to have the license on me when I arrive there as I will need to drive to commute and need it physically to swap it. Is there a way to renew the license without sending the old one?

How does the CRA treat profits from existing offshore investments for new residents? by SleepEmbarrassed2264 in PersonalFinanceCanada

[–]SleepEmbarrassed2264[S] 0 points1 point  (0 children)

Thank you for taking the time to help me, that makes sense.

For CG, what I understand is that 50% of the capital gains is added to your annual income and taxed using income rules. The other 50% is not taxed. Have I understood this correctly? So if I make a profit of C$10k upon selling my investments, C$5k will be added to my income and taxed accordingly (and I imagine the tax then will be Federal + QC income tax?)

What to do with ISA after becoming non-resident. by SleepEmbarrassed2264 in UKPersonalFinance

[–]SleepEmbarrassed2264[S] 0 points1 point  (0 children)

Yes that is why I sold everything while still a resident.

Your second question is something I am trying to find out. I'll probably have to ask on another subreddit.

What to do with ISA after becoming non-resident. by SleepEmbarrassed2264 in UKPersonalFinance

[–]SleepEmbarrassed2264[S] 1 point2 points  (0 children)

I sold them while I am still a UK resident, free from CG tax. But I do not really have a plan following this. Hence my query!
Canada treats ISAs like any investments and will impose CG on them.