₦airaland Forum

missjekyll:
No gree o this 2024. Its them vs the people. I pity anyone canvassing for them.it won't be easy.

Who we go come gree for? Are the alternatives actually alternatives?

Lexusgs430:
The Leasehold and Freehold Reform Bill was introduced to Parliament on 27 November 2023 and is intended to give leaseholders a fairer deal, making it easier and cheaper to claim an extended lease or buy the freehold, and giving them greater rights and protections.13 Dec 2023


Let's hope .......🤣😁

Give with one hand and take with the other. Elections are coming

bigtt76:
Thank you for what you do and congratulations on your new house.

My questions are as follows

1. Do you think an apartment in Leeds is worth going for? I work in the north together with my hubby
2. Do you think a house of £379k (semi-detached Leasehold) is worth going for on a combined income of £4.6k monthly?
3. The service charges is £988.00 per annum - is this ideal?
4. Property developer also noted that they are compelled to give up ownership to a third party in the future ....how does this affect me?

1. Any property is worth going for if it meets your goals and the conditions are right.

2. Only you can answer this question. I will ask myself some questions: What is my outgoing if I am going to pay a mortgage? will I be able to take care of my other needs and save after paying a mortgage? If God forbid household income reduces, do I have some sort of buffer to continue to pay the mortgage until income increases... amongst other questions

3. It is not uncommon, however, question to ask myself is can i afford the extra ~£80 per month cost? what control do I have over 'service charge', this can go up at the discretion of the management company and you have to pay.

4. third party is there to make money

Research fleacehold

Lexusgs430:
To start with, abolishing leaseholds ...... Let's see how far & deep, the legislation would reach .........

I wouldn't hold my breath for this one. Kill the cash cow?

bigtt76:
Wow ...thank you for this, so which is best as new builds - Freehold? Its kind of difficult seeing freeholds new builds but I'm open to directions on where to search for this. I will definitely await the legislation, just planning ahead.

What is the planned/proposed legislation on leasehold?

CodeTemplar:
The marketers in advanced countries are making a kill then. If we sell at 0.722 USD with little or no subsidy, anyone selling at above 1.2 USD is making a kill.

It's mostly tax. In the UK about 55% of fuel pump price is tax.

abuhusna1:
It looks like you hit the nail on the head

you fit do give away since you go declare surplus this month for the next couple of months

abuhusna1:
I need head up on my council tax. I set a direct debit for the council and they deduct their 250 pounds monthly all through 2023 but this 2024 January they only deducted 21 pounds. Could that be an error or a bonus. Do I need to call them to ask why.

why don't you check you account. Its possible you split payment into 9 or 10 months. So starting from April 2023, you have paid the council tax for the year, so no more payment till you receive a new bill in April.

ukay2:
My NSE dividend payments in 2024 will go into NYSE stocks.....

aren't you suppo9sed to pay tax to HMRC on your dividend?

.

Poanan:
It depends. You wont be taxed twice if there is a tax treaty though. Residency MAY have to be determined

Work out your residence status
Whether you’re UK resident usually depends on how many days you spend in the UK in the tax year (6 April to 5 April the following year).

You’ll only be resident in the UK if both of the following apply:

you meet one or more of the automatic UK tests or the sufficient ties test
you do not meet any of the automatic overseas tests
Otherwise, you’ll be non-resident in the UK for tax purposes.

UK tests
You may be resident under the automatic UK tests if:

you spent 183 or more days in the UK in the tax year
your only home was in the UK for 91 days or more in a row - and you visited or stayed in it for at least 30 days of the tax year
you worked full-time in the UK for any period of 365 days and at least one day of that period was in the tax year you’re checking
You may also be resident under the sufficient ties test if you spent a number of days in the UK and you have additional ties to the UK, like work or family.

Overseas tests
You’re usually non-resident if either:

you spent fewer than 16 days in the UK (or 46 days if you have not been a UK resident for the 3 previous tax years)
you worked abroad full-time (averaging at least 35 hours a week), and spent fewer than 91 days in the UK, of which no more than 30 were spent working.

https://www.gov.uk/tax-foreign-income/residence

there is also a double taxation rule meaning she doesn't have to pay tax in the UK if her income which comes from India has been taxed in India.. You may be taxed on your foreign income by the UK and by the country where your income is from.

You can usually claim tax relief to get some or all of this tax back. How you claim depends on whether your foreign income has already been taxed.

https://www.gov.uk/tax-foreign-income/taxed-twice

lavida001:
chief im a logistics graduate looking for job. Please you fit show me the ropes and pointers to securing jobs.

Chief, it was a survival job at that time. Like many have said we come and do some jobs just to make ends when the desired was not forthcoming. I guess because of my work ethic I found myself in some position of responsibility. Knowing the struggle fellow immigrants go through you try to make things easier but at the end of the day it almost always comes back to bite you in the behind. That is why sometimes I don't blame some people for not helping other people. We are a complicated people.

hustla:
Immigrants.

They have overloaded the power grid

Nope, it's the tree huggers with their electric vehicles. Instead make dem drill.

Drill baby drill

ReesheesuKnack:
Does he (his company) pay every single kobo in tax for ALL the earnings in the UK?
The answer is YES.
This non dom argument get as e be.
So you, MissJekyll. Let’s assume that your grandfather in Nigeria left you 20,000,000 naira.
You open up a small Ankara company in Gusau.
You employ people. They work for your company. Your company in Gusau makes profit. Your company pays ALL taxes to the FIRS in Nigeria.

The same You, MissJekyll, having moved to the UK, you used the money you earned in the UK to open up a zobo factory in Bath or Cornwall.

Your zobo company employs British people and provided jobs for British people. Your zobo company pays ALL its taxes to the HMRC.

Then along comes Labour Candidate who says that to raise money in order to fund UK schools and to pay Benefits to UK citizens and to increase the salaries of UK GPs, you MUST pay taxes on ALL your company profits in Gusau, Nigeria to the UK govt, in addition of all the taxes you have paid to the FIRS in Nigeria.
In other words, your Zobo factory in Bath pays taxes to HMRC only, whereas your Ankara company in Gusau is expected to pay taxes to both the FIRS and the HMRC.


Which kind sense be that?


So much for Labour wanting to fund the UK from non dom status taxes.

Give me a break!

I remember the debate between Trump and Hillary where she accused him of not paying taxes. Baba agreed with his full chest and said you have been in Congress for donkey years, why haven't you changed the rules, your donors take advantage of the loopholes too.
The reason they are making noise is to give them an advantage at the polls, I Don't want to believe labour MPs and supporters don't avoid tax tax using the non Dom rules.

Two conclusions I have come to with govt and the economy are: 1. Government does not care about you 2. You can't tax your way to prosperity.
1

lavida001:
You forget that what a white man does and goes unquestioned if that black man run am dem fit rope am?

Not everything are as they seems.

My brother, I was going to say same thing.

I was in a position like this years ago at one logistics company like that giving juicy routes to our people. Just one day where I knew the supervisors were watching, did everything by the book 100% ant our people didn't get what they wanted, I was called names by same people I had always given an advantage. They expected me to favour them at the risk of me losing my job then. People are selfish and of they don't get their way there is always tag you badly.

Zahra29:
And yes there are Brits as well who don't pay tax,

Everybody pays tax, maybe not all forms of tax. VAT for example.

Yhello4u:
Hi

I have a residential mortage on a 5 year fixed rate

I have only lived in the house for 2 years and want to sell it or rent it out.

Can i change to BTL mortgages if yes will i be charged for it being that i m in a fixed term rate

Also BTL Mortgages are 25% deposit i deposited 10% when purchasing the house will i be required to pay the remaining 15% if i change to BTL mortgage?

To put your property up for rent, you need to apply to your mortgage lender for a consent to let. This comes with a fee. You could be approved to rent your property out for a period after which you will have to apply again.

If approval is given, you will have to get landlords insurance on the property and ensure the property satisfies all the requirements for a BTL. At this time you will not need a 25% deposit.
The 25% comes in when you want to remortgage, that is after the initial mortgage period is over. Lender might not agree to residential mortgage since you do not live in the house.

Thewritingnerd:
I have absolutely no idea what you’re talking about or what you’re even on about.

You outlined something that piqued my interest about rent payment vis a vis purchasing properties, I wanted to see more about how to approach property-buying in the UK and asked for a section specifically dedicated to that.

Pray tell, how and where does this question say to “carry” anything anywhere?? :

“Please is there a dedicated nairaland section for UK housing and other mortgage topics?”

[b]What’s in the air today? [/b]God abeg 🥴

Missing aunty Suella. Glitch in the immigrant matrix..

@zahra29 as Suella don go, are we gonna upgrade you from Suellalet to Cleverlet?

Pearlyfaze:
Thank you so much Sir,
So at exchange of contracts, while waiting for the developer to finish the building, is one expected to start paying the Mortgage?. Or you start paying when you move in?.

I just want to be clear and get ready for it.

Be careful o.

There was a programme/documentary sometime ago about people who went to exchange contracts on buildings yet to be finished. The developer failed to deliver and for years they waited for 'houses' to be complete. Once you exchange contract there is no backing out. Get a good solicitor to look at whatever contracts you wil be committing to.
EOC means paying your deposit, these people could not get their money back and no house. There was no timeline for house to be complete.

Datakey:
Gotten a CC yet? Mine is 771 and I'm yet to get any CC

Credit Score - certificate

Credit history - experience

Experience > certificate

Build your experience.

If you don't have a history, you are high risk to these lenders and even if your score is 999 it does not guarantee CC will be approved for you or lenders will give you good rates.

Credit history is a record of how you’ve managed the repayment of debts, such as credit cards and loans.

Credit score is like an opinion everybody has one or a suggestion telling the creditor this person is worth checking out. Your history is what determines your substance. The creditor looks at your profile and what do they see - nada - they move on or the sharks offer you rates that are ridiculously high.

LaaJiblik:
Is there any experienced Project Manager or a highly experienced Project Support Officer here, please?

The candidate needs to be SECURITY CLEARED and has good demonstrable experience.

A recruiter friend/colleague of mine has a couple of vacancies to fill. The gig is a contract role, and pays ~£450 per day (INSIDE IR-35).

Please note that the most important ‘qualification’ is SECURITY CLEARANCE. Followed by good experience.

Hit me up if you are up for some contract gig.

What industry?

Those looking for seasonal jobs can look here:

https://findajob.dwp.gov.uk/search?q=seasonal&w=&utm_source=jobhelp&utm_medium=seasonal_jobs&utm_campaign=JobHelp

amorprincesa:
Hi house, please do you know how I can send dollar from a Nigeria dorm account to the UK?

Open a currency account USD with your bank in the UK and do a direct Forex transfer to the account from your dorm acct. Charges apply depends on your 9ja bank acct. I think for gtbank it's 14k telex charge plus 0.1% of amount you are transfering.

Transfer from your currency account to your GBP account using bank conversion rate.

Stevepop:
I experienced this also. I spoke with the developer's broker as recommended, they did their financial assessment (affordability checks) and passed it on to the developer but I told them during the conversation that I already have my broker. Made it clear to the sales advisor as well during reservation that I've got my broker[b]. I went for the developer's solicitor[/b] though (so maybe a win-win), as the solicitors recommended by my broker were either slow in responding to my initial mail or just too expensive. All going good so far and the solicitor has been great.

Be careful with the bolded. It's a conflict of interest if it's the developer's solicitors, most of them just want to make the fees. They might not explain the implications of some of the clauses in the tp1. Might be prudent to get another solicitor to look at the tp1.

koonbey:
How is the care visa slavery?

I wonder o.

dustydee:
Won't it be nice if the HO or any government agency cracks down on these people taking advantage of innocent immigrants?
We complain that things are bad in Nigeria yet it's this same attitude of covering up for others that, largely, led us to where we are today. If you ask me, I'll say keep reporting them until they all go out of business.

I'm beginning to think the HO is aware, bit because of the money they generate from visa fees and ihs, they turn a blind eye. Talk about kicking the can down the road until it becomes a problem which it is gradually becoming.

rinzylee:
I actually asked her for the hug. 🤭🤭

In this me too era....

.

Zahra29:
#copied#

ARE YOU WORKING MORE THAN 20 HOURS AS A STUDENT?

The Home Office is now going through people’s work records when they apply for the Graduate Visa and canceling their visa.

So, if you have been overworking, you are breaching the condition of your leave by working more than 20 hours term-time and they are waiting for you.

I received several instructions on canceled leave in the last two weeks. Repent, for the ‘kingdom’ of the Home Office is at hand. You have been warned. Repost aggressively!

On the news just now on BBC Scotland, an international student held in immigration detention for 2 months for working more than 20 hrs.

From the report, seems like the home office is taking this serious.

SamReinvented:
^^^ on the above, I just read Solumtoya’s post again and realise he was talking about using the SDLT twice. For some reason, I thought he was talking about LISA first time buyer bonus.

The laws on SDLT is a bit more nuanced, so I’m pulling my original stance. Make una no vex

Best you modify your initial post....

Craggybogg:
Do they offer dollar debit cards to UK residents?

Yes. Go to HSBC website, search for global money account, All the info you need is there.

Craggybogg:
Hello House! I want to ask what app do those based in the UK use to make strictly dollar payments? Or how do you open a dollar account in the UK?

Check HSBC global money account