vfr400boy 3,120 Posted May 1, 2023 Report Share Posted May 1, 2023 12 hours ago, ryaldinhio said: Well the loop hole that I was trying to utilise..... it seems we can't without moving away. We really want to stay here in this village SO we are still negotiating for the land and barns then look to build a plan to live on em, maybe rent our place out to cover mortgage while we get set up then if that works without us getting kicked off we can go all in. We are still planning on livestock this year, chickens, pigs, maybe goats, run a dozen turkeys for Xmas etc. Really interested in bee keeping aswell and twin that with veg/flower growing the bees can only help! Iv packed in with sheep it was getting expensive and complicated with renting bits of land here and there and the land owners makeing rules as they go ,, anyway I have some equipment for sale if u need out nr new hay rack , some hurdles, a water trough, banding pliers etc 1 Quote Link to post Share on other sites
Qbgrey 3,987 Posted May 1, 2023 Report Share Posted May 1, 2023 2 hours ago, Daniel cain said: I understand what your saying..but I've had enough,I don't want no more weight around my neck,few more yrs and the mortgage is payed off ,sell up,spend 60/80k on a new van chuck the kids 20 k each,go make their own way in life(20 k more than I ever started with)and the rest will go in the bank...when I want some beer money,I will do the odd days here and there ...we have family in the UK, Ireland and Europe so the plan is to kick back and travel around Sounds great mate, give the kids money now or the tax man will have it. Anything over £325000 is 40% taxable. What van you looking at .vw, merc ?? Quote Link to post Share on other sites
greg64 2,566 Posted May 1, 2023 Report Share Posted May 1, 2023 (edited) 2 hours ago, Qbgrey said: Sounds great mate, give the kids money now or the tax man will have it. Anything over £325000 is 40% taxable. What van you looking at .vw, merc ?? if you leave the house for your children or grandchildren the threshold is £500,0000 if your estate is worth less than 2million Edited May 1, 2023 by greg64 Quote Link to post Share on other sites
Qbgrey 3,987 Posted May 1, 2023 Report Share Posted May 1, 2023 1 minute ago, greg64 said: if you leave the house for your children or grandchildren the threshold is £500,0000 if your estate is worth less than 2million £650,000 we got before tax if parents were still married . I think if they was divorced you only get £325,000 before tax Quote Link to post Share on other sites
Daniel cain 42,891 Posted May 1, 2023 Report Share Posted May 1, 2023 3 hours ago, Qbgrey said: Sounds great mate, give the kids money now or the tax man will have it. Anything over £325000 is 40% taxable. What van you looking at .vw, merc ?? something like this,..will get 20k part ex for what we got now when the time comes Google Image Result for https://vanwebsite.co.uk/wp-content/uploads/Mercedes-Sprinter-316-4x4-MWB-Camper-1.jpg IMAGES.APP.GOO.GL 4 Quote Link to post Share on other sites
Qbgrey 3,987 Posted May 1, 2023 Report Share Posted May 1, 2023 Very nice, 4x4 is the way ,can go anywhere in that 1 Quote Link to post Share on other sites
Coywolf 80 Posted May 2, 2023 Report Share Posted May 2, 2023 8 hours ago, Daniel cain said: something like this,..will get 20k part ex for what we got now when the time comes Google Image Result for https://vanwebsite.co.uk/wp-content/uploads/Mercedes-Sprinter-316-4x4-MWB-Camper-1.jpg IMAGES.APP.GOO.GL nice looking campervan bud, but don't take this the way, that van would be no good for your needs for full timing, it's to small and a list of things that wouldn't work out for you, don't get blind sided by the sporty looks of the campervans and get a proper motorhome, my wife and i did what you are going to do years ago now, we sold up and bought ourselves a motorhome and lived in it for quite a few years, worked an so on.....we loved the years we lived in it and a really stress free way of life, but after years of doing it the appeal wore off a bit......i'm glad we are living back in a house again now......but we don't ever look back and think it was a bad move living in a motorhome and we still have some good memories from it, it was just something we wanted to do at that time in our lives......i hope it works out for you bud.... Tillylamp 3 Quote Link to post Share on other sites
Daniel cain 42,891 Posted May 2, 2023 Report Share Posted May 2, 2023 12 hours ago, Coywolf said: nice looking campervan bud, but don't take this the way, that van would be no good for your needs for full timing, it's to small and a list of things that wouldn't work out for you, don't get blind sided by the sporty looks of the campervans and get a proper motorhome, my wife and i did what you are going to do years ago now, we sold up and bought ourselves a motorhome and lived in it for quite a few years, worked an so on.....we loved the years we lived in it and a really stress free way of life, but after years of doing it the appeal wore off a bit......i'm glad we are living back in a house again now......but we don't ever look back and think it was a bad move living in a motorhome and we still have some good memories from it, it was just something we wanted to do at that time in our lives......i hope it works out for you bud.... Tillylamp got a swift 590 already 2 Quote Link to post Share on other sites
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