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 91 
 on: 27 November 2025, 03:04:13 
Started by Field Marshal Dr. Opti - Last post by Mr Skrunts
All the mention of the mansion Tax of £4500?
I thought it was set at £2500 for homes over £2,000,000
So after googling several reports are saying

A new council tax surcharge, aka the “mansion tax”, will apply to properties valued at £2m or more. A flat amount will apply to four bands over that value, starting at £2,500 for properties valued between £2m and £2.5m. The mansion tax will be capped at £7,500 for properties of over £5m.

https://www.bbc.co.uk/news/articles/ce910z9jd3po

Also mentioning that it starts in 2028

So this then starts a new debate based on the value as there have been reports of the council tax ratings being totally out of date so how would they value a £2.000.000 property?

On its sale valuation, it's Rateable value or is this why the valuation/Rateable value discussion was on the news a while back was started so that they could amend it knowing the Mansion Tax was to be applied.

 92 
 on: 27 November 2025, 01:38:43 
Started by Marks DTM Calib - Last post by LC0112G
Page 9 of the initial report states...

Quote from: NTSB
After initial cleaning of the fracture surfaces, examination of the left pylon aft mount lug
fractures found evidence of fatigue cracks in addition to areas of overstress failure. On the aft
lug, on both the inboard and outboard fracture surfaces, a fatigue crack was observed where
the aft lug bore met the aft lug forward face. For the forward lug’s inboard fracture surface,
fatigue cracks were observed along the lug bore. For the forward lug’s outboard fracture
surface, the fracture consisted entirely of overstress with no indications of fatigue cracking.
The forward top flange of the aft mount assembly was examined for indications of
deformation or pre-existing fractures, but no indications were found. The spherical bearing
was removed from the wing clevis for further evaluation (see figure 10).

What they're saying is there were pre-accident fatigue cracks in 3 of the 4 mounting lug surfaces for the #1 engine. The engine "fell off" when the 4th lug gave way under the overstress of the take off. Whilst it's possible a bird strike was the straw that broke the camels back, the root cause of the accident is the fatigue cracks. It appears the design can withstand cracks in one and two of the 4 lugs, but if/when the third cracks the fourth isn't strong enough to hold it all together. And you wouldn't expect it to be.

So the report will IMHO concentrate on how/why these cracks occur, and how to inspect them such that the fault is detected when the first crack appears, rather than waiting for the engine to fall off when all 4 become cracked. 

 93 
 on: 26 November 2025, 23:31:30 
Started by Field Marshal Dr. Opti - Last post by Viral_Jim

Didn't even occur to me. Would this work?

YouTube seems to think so.

https://youtu.be/uBZ7NIEEvck?si=RsJt0OTwc-akTvJI

It might be useful to know what the values should be. But given the age of boiler, I suspect it won't be that precise.

 ;D

 94 
 on: 26 November 2025, 23:04:56 
Started by Field Marshal Dr. Opti - Last post by Doctor Gollum
Point being just because your house is hypothetically worth X amount doesn't mean you paid anything like it ;)

 95 
 on: 26 November 2025, 22:16:25 
Started by Field Marshal Dr. Opti - Last post by STEMO
That would involve being at home ::)
Right, never thought of that. It's a hard life, jetting off all over the world.  ;D
8 nights at home every month and away for Christmas and New Year. Still easier than being at home without the pooch.

The thing with the houses, bro and sil bought a house for about £500k with her parents in 2009. Now worth near emo £1.5m. They both pay higher tax rates, but they don't earn 6 figures. Just a normal couple that got lucky with the market and circumstance. They'd notice a £4,500 bill. As would alot of other people in similar circumstances
They'd notice it, but they won't get it, because their house isn't worth £2million

 96 
 on: 26 November 2025, 21:59:08 
Started by Field Marshal Dr. Opti - Last post by Doctor Gollum
That would involve being at home ::)
Right, never thought of that. It's a hard life, jetting off all over the world.  ;D
8 nights at home every month and away for Christmas and New Year. Still easier than being at home without the pooch.

The thing with the houses, bro and sil bought a house for about £500k with her parents in 2009. Now worth near emo £1.5m. They both pay higher tax rates, but they don't earn 6 figures. Just a normal couple that got lucky with the market and circumstance. They'd notice a £4,500 bill. As would alot of other people in similar circumstances

 97 
 on: 26 November 2025, 21:46:42 
Started by Field Marshal Dr. Opti - Last post by STEMO
That would involve being at home ::)
Right, never thought of that. It's a hard life, jetting off all over the world.  ;D

 98 
 on: 26 November 2025, 21:38:09 
Started by Field Marshal Dr. Opti - Last post by Doctor Gollum
That would involve being at home ::)

 99 
 on: 26 November 2025, 21:26:54 
Started by Field Marshal Dr. Opti - Last post by STEMO
Only £4,500 ;D

Part of our pay deal was a profit share, potentially this will push some people over the the lower bracket limits or if it goes into pension pots, as is an option, then it will trigger the NI on pension contributions. Personally, that's £1,200 a year, but anything over £800 from the profit share will cause this to happen.

Ok, I am fortunate in that a reasonable chunk of my pay currently doesn't attract tax, but that amount varies each month.

It might seem like a bit here or there, but it's on top of everything that's already taken.

This helps to explain just how incompetent Rachael from Accounts actually is...
https://youtu.be/DENkFzTmyiY?si=xSrCU2YdvNNkxzSF
I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc.
It's from Sky News yesterday, hardly a YouTube explanation :D

If I had a £illion.pound house, not that that buys much nowadays down South, I wouldn't have the spare to.piss around with the car.
Why watch sky news on YouTube? Just watch sky news  ;D

 100 
 on: 26 November 2025, 21:23:11 
Started by Field Marshal Dr. Opti - Last post by STEMO
Im in a salary sacrifice pension scheme.
Im a state pensioner who is still working. The fiscal drag of tax allowances remaining unchanged mean I effectively pay 20% tax on my state pension, and inflation will eat into my standard of living.
One of the reasons Im still working is that Gordon Brown hammered those of us who were responsible enough to pay into private pensions out of our wages at the time.
There should be a law against Labour being in charge of the countries finances, even if they are in Government.
You're minted, Albs, it's common knowledge  ;D
Driving around the country lanes of Essex in your Porsche, life of Riley.

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