Re: Annual cost of living in the UK, France, and/or Germany?

On Wed, 21 Dec 2005 12:17:19 +0000, The Reid
<dontuse@xxxxxxxxxxxxxxxxx> wrote:

>Following up to Jim Ley
>
>>>My 90-year-old mother lives in a 1-bedroom bungalow and pays £1,100 - and
>>>that's at the single person 75% rate.
>>
>>How much rent does she pay for the place?
>
>She and her husband bought the place out of taxed income,
>probably over a lifetime and if others didnt and are still paying
>rent, that's not her fault or a reason to tax her.

I would certainly agree that if she can demonstrate paying 250,000
from taxed income for the asset worth 250,000 then she shouldn't pay.
If she cannot, then yes I think it's reasonable.

Of course the cost of managing such a system is unlikely to be
worthwhile.

Jim.
.

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