Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 6:37pm On Jul 10, 2023 |
Joyfuljoyful: Hi. Do we pay this fee when we go for capturing or how do I go about it? I have capturing for this month and I don't know whether I am to bring along the £40 as cash or buy a postal order from the post office before heading for capturing.
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Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 12:13pm On Jul 08, 2023 |
Viruses: And I'm here forming loyalty to Lloyds and Monzo. Be like na to join the switching bandwagon like this o. My own is not switching bandwagon o. I’ve had some of the accounts for over 15 years and use them for various purposes. The only one I did a switch on was TSB to HSBC due to the former’s constant IT issues. I also have starling and chase which I use for overseas travel. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 11:49am On Jul 08, 2023 |
Viruses: Which bank please? Like I said, it’s based on eligibility, credit history and personal circumstances. I get offers like that regularly from my banks. I bank with HSBC, Barclays, TSB, MBNA etc but I rarely take them up.
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Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 10:39am On Jul 08, 2023 |
Jcole123: @Lexusgs430, is it compulsory to pay a deposit fee before you can get HP car finance The deposits usually vary - some will ask for 3 months rental as deposit while other might ask for just 1 month. My understanding is the more deposit you put down, the lower your monthly repayment amount. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 10:34am On Jul 08, 2023 |
yusufDeveloper: Thank you for your feedback. Please, if I want to go through accountant. Can you recommend any for me? Can you please check this https://www.1stformations.co.uk/ if they have the option there. I want to assume that the accountant's duty is to help calculate the tax and file it monthly or annually and also provide business address for me.? I’ve had a look at the link and it looks like they register the company and also provide business address. The more expensive package includes PAYE and VAT registration but no mention of completing your books so you will still need an accountant for that bit. No need for VAT registration until you hit the £85,000 threshold although you can register voluntarily if you want to claim back VAT on purchases. Regarding PAYE, your accountant will be able work out the best combination of salary and dividend that will maximise your earnings and minimise your tax liability. You will also need to complete a self assessment tax return for yourself and company tax return yearly and pay any taxes due before the specific deadlines. Sorry I’m not able to recommend an accountant for you as I’m based in Scotland but I would suggest finding one local to you. If you have friends that are already contracting/self employed, you can ask them. Referrals based on personal experience is usually the best way forward. Good luck. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 12:22am On Jul 08, 2023 |
Lexusgs430: Nah loan sharks rates be that o ........😁🤑
5.6% Apr is more appropriate (with squeaky clean credit record)....... Seriously I was about to say the same thing. Personal loans are usually cheaper than PCP and Higher Purchase deals. Loan rates will vary between 2.5% to 7.5% depending on circumstances, credit history and eligibility. |
Travel › Re: Living In The UK: Property,Mortgage And Related by Peerielass: 9:52pm On Jul 07, 2023 |
[quote author=Amazoner01 post=123926919][/quote]Some mortgages have early repayment charges during the initial fixed term period and some don’t allow overpayments during this period.
You need to check your mortgage terms and conditions before overpaying. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 9:38pm On Jul 07, 2023 |
Jcole123: Hi guys,
Ilyods bank offered me car financing with two options Higher purchase and PCP. are there any downsides to using the higher purchase offer? I didn't qualify for a personal loan. Which one is cheaper and is this for a brand new car? In my experience, PCP is often cheaper than Higher Purchase. Most higher purchase lead to ownership whereas with PCP, you can walk away after the initial lease period. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 5:45pm On Jul 07, 2023 |
Goke7: you also got to be careful with this stat, not all white British are British by origin, so many were immigrants who became British by citizenship. If I were white America or German, I won’t class myself as white British. I would choose ‘white other’. Same way I still class myself as Black and of African descent even though I’m a British citizen. Each to their own. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 4:47pm On Jul 07, 2023 |
Goke7: the stats here are saying otherwise, look carefully Nope! Just like there are different subsets of ethnic groups, there are also different subsets of white people. White British account for 76%. The point is Brits are not as lazy as we often make them out to be on this thread. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 4:32pm On Jul 07, 2023 |
justwise: Were you expecting more blacks and other ethnic minorities to be working when they have to face immigration restrictions? Do you know that only British citizens are eligible to apply for certain jobs? Immigrants face so many barriers in job market as compare to white British people
So your stats did not do justice to the argument. Well it does if what you were saying about immigrants contributing more to the UK economy was anything to go by. Percentage of white people in active employment is higher than the percentage of any subset of ethnic minorities except for Indians. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 3:51pm On Jul 07, 2023 |
justwise: Its funny how many of you are shouting average brit paying into the system for year to build the economy... have you all forgotten that immigrants are included in that average brits that build the economy? Just tell me how many generations do you want to go back to?
. Still a drop in the ocean compared to the number of white people working and paying taxes based on figures from the 2021 census.
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Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 1:11pm On Jul 07, 2023*. Modified: 1:34pm On Jul 07, 2023 |
jedisco: From India alone, its estimated the UK took $45 trillion dollars in 170 years. Thats aside the over 5 million indians who had to die to support the UK economy. Let's then look at Nigeria and other countries. Not only historically, even today, the UK has continued to drain top resources (brains) from these countries. How much exactly has the average 28 year old Brit + parents contributed?
. Some of the Brits I know started working and paying taxes at 16. Majority of them retire at 55 because they have built up a huge pension pot by then. I also don’t know any 28 year old Brit who is not in an established career and already settled both job wise and family wise, irrespective of whether it’s blue collar or professional jobs. We should be careful when we are making generalisations here. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 7:22am On Jul 07, 2023 |
yusufDeveloper: Hello everyone,
Recently, I was endorsed by Tech Nation for the Global Talent Visa (GTV). I switched from PSW to GTV, but I still had 1 year+ on PSW before I switched. I have a few questions, help and clarification on certain things.
1) Am I entitled to the IHS refund on my previous visa? I have been seeing different posts that only people in care work visas are eligible. I do not know how true it is.
2) Are there any platform I can use for contract work (Outside IR35) ONLY? as I am no longer interested in a fulltime/permanent role. Please recommend apart from the normal one indeed, reed, etc.
3) I am trying to setup a business later this year (still in development mode), but can I register the company directly (https://www.gov.uk/set-up-business) or use of agent such as (https://www.1stformations.co.uk/) is better because I do not have physical/online address that I can use to register my business for now
Thank you 🙂 I think you should be eligible for a refund of the unused portion of your IHS on PSW. Apply and see what happens. Regarding question 3, I would advise you go through an accountant. You would need one any way if you are going to be outside IR 35. For a small fee, most accountants/agents would allow clients to use their office as a holding address for companies house and HMRC correspondences. Alternatively you can use your home address as the registered address of your business. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 10:34pm On Jun 29, 2023*. Modified: 11:11pm On Jun 29, 2023 |
akanfe30: They didn't deduct anything as it's a different visa category. Unfortunately, the previous IHS is gone. Remember you chose not to complete the cycle of PSW visa by switching. Lol. Honestly, I wish you could get a refund, and that would be a precedent that can benefit someone I know. There’s a bit of ambiguity here. The govt website says a refund is due if the IHS was paid twice. In my mind that means people that switch visas are eligible for a refund on the unused portion of their IHS. If you look online in other forums, you will find that people that have successfully switched visa have received IHS refund for the overlapping periods. I might be wrong but think it’s not so clear cut as you put it. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 8:43am On Jun 28, 2023 |
hustla: I left there until they paid me
About one week
Please who knows any bank that's offering switch bonus? That first direct looks dodgy and the app reviews aren't too good HSBC £200 |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 6:52pm On Jun 27, 2023 |
hyzich: I am actually talking about sponsorship for those already in the UK Sponsorship for those in UK and recruiting from abroad are practically the same thing to an employer. Same process, same documentation and costs required in terms of visas and COS etc Why would they go through the stress of sponsorship when there’s a pool of qualified accountants who as you mentioned have risen through the rank and file as school leavers and have the requisite knowledge and experience they need. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 6:18pm On Jun 27, 2023 |
hyzich: Guys in the house,
Why is it so hard for Accountants in industry to get job with sponsorship? Excluding the big 4's and other top 20 firms that recruits auditors in practice Probably because it’s not a profession that’s on the shortage occupation list. Although there’s a high demand for Accountants, there’s also sufficient pool of accountants locally to meet the demand so no need for sponsorship and recruiting form abroad. Secondly some of the jobs in industry require solid UK experience and knowledge unlike auditing where procedures are more standardised hence more transferable skills. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 11:00am On Jun 23, 2023 |
Noworries11: Elders I stay in a shared apartment Our daughters have been enrolled for reception in September The sch has required we submit our council tax and tenancy agreement to complete registration. We both got the same sch for our daughters and share same address. How best do we go about this... Thank you guys..
The tenancy agreement is not in our name but we pay the council taxes up to date Not sure there’s a way around this. Why is the tenancy not in your name? |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 4:36pm On Jun 18, 2023 |
STENON: lols, thanks alot, if someone could send me a link of any reliable hotel near ikeja airport, I don't mind booking it but just scared of booking something online that I have no idea of its security and genuineness for my aged Parents.  If money is not an issue, I would recommend Legend Hotel by Hilton which is right next door to the airport. You can book from the official Hilton website. https://www.hilton.com/en/hotels/loslhqq-legend-hotel-lagos-airport/ |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 3:20pm On Jun 13, 2023 |
ayshegz: Hi folks I need help ,I received a package specifically 21st of may from Nigeria ,I live in Belfast Northern Ireland UK ,to my surprise I got a mail from UPS just 3days ago asking me for payment of unpaid invoice to the tune of 272 pounds (taxes and duties ) for a package of 27KG and declaration value of about 50 pounds ,I’ve contacted the agent(paid him 5k per kg before sending ) In Nigeria he said he paid for shipment that what UPS is asking for is receivers taxes and duties ,I really don’t know what to do ,I’ve called and emailed UPS severally they keep saying that’s the amount to be paid ….Anyone with solution to this problem The charge would be for custom duties, taxes and admin fee for issuing the invoice. They usually charge VAT on shipping costs plus declared value of item. For your peace of mind, you could ask UPS for an invoice to see the itemised charges. If I were you I’d just suck it up and pay, and then file it away in my very expensive lessons learnt never to be repeated folder. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 8:13am On Jun 10, 2023 |
Lolli2pop: I have always thought that agents are cheaper than purchasing directly from airline.. is that a misconception?? I also haven’t ever used an agent to buy a ticket even when I was in Nigeria. Do a price comparison using skyscanner or Kayak to find the cheapest airline then proceed to purchase the ticket directly from the airline’s website. That way you are covered by the airlines terms and condition and not the agents. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 6:58pm On Jun 08, 2023 |
jesmond3945: if that is the case, too bad. However, you I will differentiate africans born here from african immigrants. I treat africans born here, the way i treat non africans, caution. The female in question is Nigerian. I think what Justwise is trying to point out is that once you set foot in this country, it’s no longer business as usual when it comes to relationships with the opposite sex (young or old). All those cultivated behaviours of touching people inappropriately all in the name of playing or joking is seen for what it is which is sexual harassment. It makes no difference if the person is 1st generation Nigerian immigrant or 3rd generation, it is sexual harassment. Know this and know peace. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 10:42pm On Jun 07, 2023 |
elengine: People of God oh. Two things that I need your guide on:
1. I work in a multinational company here in the north(smiles) and they are giving me a credit card in my name and to be delivered to my home. My question is, will this card contribute to my credit score even though it is issued through my employer but in my name and my address. The essence of the card is for me to use any time I want to embark on a journey as an auditor i can also use it to make some purchases as long as it is business related and my employer will be responsible for funding or replenishing it.
2. Marshmallow insurance is asking me to provide my job offer for them to verify the business I do based on the information I provided while filling their policy form. Meanwhile this is coming after 1 month of registration and I have paid like 400 pounds in advance. Now I pay 170 every month for a 2007 honda crv. Do you think I should course their mamas and ask to cancel my policy or I should ignore them. I feel very pained that they are not believing me. They thought everyone is a healthcare worker If you are an auditor and visiting clients regularly, you need to have an add-on on your insurance to cover travelling in connection to your business/profession. This is different from the normal insurance people get for social, domestic and pleasure travel. That’s probably the reason why they are asking for your employment contract. If your car crashes while visiting a client, the insurance company won’t pay out if it’s not declared from the onset that you will use the vehicle for business purposes. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 7:55pm On Jun 05, 2023 |
gmacnoms: After so much applications, a few interviews , a lot of rejection mails( even the ones I did not solicit for)
I finally got an employment offer after, less than 2 weeks here in the uk.
I am happy because I have been given an opportunity to start working in a line that I prefer to the others and close to my past work experience.
The applications, rejections and interviews, made it seem like I’ve been job hunting for almost 3 months here in the uk.
To God be the glory Congratulations! All the best in your new role. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 3:55pm On Jun 04, 2023 |
lightnlife: Off Topic
Used DHL to ship 🚢 some edibles from Naija and it arrived within 2 days.
Lounging with snail 🐌 and kilishi. I’m interested. How much do they charge per kg to give me an idea of costs. Thanks. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 1:03pm On Jun 04, 2023 |
AgentXxx: A Quick Question to the Financial Gurus: A friend of mine whose father’s friends has a company in Uk have recently been sending about 10k to 20k£ monthly to his Personal Uk account (from his company’s account) which he changes via lemonade or sometimes sells to students for school fee payment/visa/IHS and then eventually send the equivalent in naira to Nigeria. He wants to know if he will be liable on tax on such money. There are two issues to be considered here. If the guy is taking out money from the company account and transferring it into his personal bank account, he needs to understand that the company’s money is not his personal money to use at will (at least for now) unless of course he has built up a substantial balance in his Director’s Loan account over the years. Secondly, is the money he is taking out either his salary or dividend? Whichever one it is, he is liable to income tax. Also note that if he takes out more money than he paid into the company in any particular tax year, then it’s classed as a Loan to a director and this has additional tax implication. He should consult his accountant/tax advisor for further guidance on how to declare the profit he is making from the Lemonade transactions. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 8:23pm On Jun 03, 2023 |
Drey1: Nah the genesis of his wahala be that. Make una dey careful with all this oyinbo This right here is what’s called ‘unconscious bias’ |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 10:33pm On Jun 02, 2023 |
Newbie123: Please does anyone use Barclays 0% balance credit card and can share their referral link with me?
Please does anyone use Barclays 0% balance credit card and can share their referral link with me? Mine doesn’t have a referral link. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 10:09pm On Jun 02, 2023 |
@tushqueen
I’m not aware of any restrictions. The most important thing though is to get practical experience while writing the exams. Both need to be done in tandem. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 2:47pm On Jun 02, 2023 |
harddrive2012: Hello bro, I’m also considering getting chartered. Though I Started ICAN in Nigeria and still in Skills with 2 papers left. May I ask if you started your ACCA in UK? I have checked the fee online and it looks much 😂. Would you advise I continue my ICAN in UK and probably convert to ACCA later using my ICAN. Or make I just close eyes start ACCA here from the foundation level for those with Bsc. Accounting.
Thanks @Harddrive2012, I wasn’t sure who the question was meant for but I have responded. No. I completed ICAN many years ago and converted to ACCA when I moved here. There’s no right or wrong approach. You can continue with ICAN and once you qualify, you can claim exemptions from ACCA. You will then need to sit the professional level exams as they don’t offer exemption for these ones. Or you could start afresh with ACCA - this requires a lot of financial commitment and hard work so I would advise thinking it through properly before committing yourself. If you decide to pursue this route, best way to go about is to find an entry level job in this field and then work your way up. Most employers are happy to provide study support for the right candidate. Best of luck. |
Travel › Re: Living In The Uk-life Of An Immigrant (part 3) by Peerielass: 4:33pm On Jun 01, 2023*. Modified: 6:47pm On Jun 01, 2023 |
Knowlegeseeking: Thank you Goke for your input.
Yes I am good with numbers but this audit life "af tired me"😭.
One of the reasons I want to switch is because I want a role that affords me flexible working ( hybrid) which this audit has not allowed me enjoy. Shuttling between office and client site.
So while studying, I worked (still work) with a smaller audit firm on a part time basis and they have hinted on retaining me after graduation. However, I don't like the pay they are offering simply because I am not chartered yet. The big 4 I worked with while in Nigeria has scared me because Omo, I worked like jacky.
I want soft life now. I'm considering continuing with the firm here in the UK but I'm scared of the workload and since I am not chartered yet, they may want to downplay the pay.
I'm just trying to explore other career options (Business analyst) I can do with my experience.
Also, I am tired of writing exams😭. I don't mind doing short courses and all. I have just been reluctant with finishing my ACCA
Bottomline is I am confused on how to move forward in my career. I need help! How many modules do you have remaining with ACCA? If I were you, I will persevere and finish the exams since you are already working in that field. Would your current employer support your studies if you were to go that route? Pay might not be great right now but once you qualify you will be able to pick and choose. You also don’t have to continue to work in Audit, you could switch to Finance Business Partner, Business Development Manager etc roles once you qualify. |