what have you sacrificed...

Phoenix of Hamble

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28 Aug 2003
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mishapsandmemories.blogspot.com
for your boat?

I keep getting close to having the funds to buy the boat of my dreams, and then something gets in the way...... today the Tax Man had another very large chunk of my 'boat fund' /forums/images/graemlins/crazy.gif (has anyone else compared this years tax bill with last years.... its obscene....)

So today, in the knowledge that its one or the other, I've put my other pride and joy, my classic Porsche 911 up for sale...... /forums/images/graemlins/frown.gif a very sad day....

I know it seems trivial... but I loved that car... blub..... I'm off to weep in a corner....
 

wishbone

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20 Jan 2002
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www.reflect-designs.co.uk
YEP! the TAX MAN loves your boat fund lost nearly 50k to him a few years ago when we played catch up time for the self employed...you guest it the tax man won.......sold the big house just before Christmas now renting and searching for me loved one.
 

Otto

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As a self-employed immigrant it has taken me seven years to fathom how the complicated British tax system works, because I learnt the very hard way that one cannot rely on accountants. If you give Revenue the slightest chance they will take you for everything you got and they apparently take pleasure out of killing businesses. Did you know that the Revenue is the #1 reason for small businesses going bust? It's a disgrace. The Blair government favours multinational businesses and wants us all to work for them.

So I was very pleased to pop down to my accountant this morning to sign my tax return and discover that those bastards at the Revenue owe ME money!
 

FullCircle

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Fags, subscription to Sky, Hols in the sun, weekly trips to the Indian, Me Jag, Her Saab Convertible, and 10 years on the mortgage. All for a SO35.

Still got: Hols on the boat, Focus, Freeview, Red Wine lake, Dutton (ho ho) , 2 bikes and me sanity.

Fair swap.

PS: having gone semi-skint 3 years ago, I just feel damn lucky to be in a boat at all really. I now live on about 40% of 2001 takings, and seem to live better for it. But I do all the little cash leaking jobs myself again now. And I am much less stressed.
Also, as a long term tax battler (own company) its better if you consider a100% of it to be the taxmans, and spend your days planning how to wrest it out of his grip. Otto , you should be ashamed at feeling happy that the taxman 'owes' you money. Why did you give it to him in the first place? /forums/images/graemlins/confused.gif


Jim
 

Birdseye

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Absolutely nothing, apart from time, fingernails and peace of mind. Being pious (or smug or whatever) wouldnt dream of buying a boat if it wasnt entirely surplus cash.

If onbly I could persuade my son to wait until he has saved up for something before he buys it!
 

Otto

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jimdrew: 'cos I woz an ignorant immigrant that got done. In the first 4 years here I paid £70k more than I would have had I known what I was doing. And I paid professional accountants! But once you sign that company return, man ... you are screwed.

Now that I worked out that you have to fight tooth and nail and know a bit about tax law yourself or die things are looking up. The money they owe me is still from last year. They wouldn't give it back to me then and they still owe me. It's because I f*cked over the fat bastard who came to audit me when they tried so hard to do me for IR35 and they are still seething. I have lost all respect for the Revenue.

It's been a bit of a disappointment, really. I love this country and its people and came here to experience the freedom of living in the world's greatest city. Then I discovered you had a bunch of demons calling themselves the Inland Revenue. What a disappointment. I am actively looking for a new country in which to bring my kids up in. Actually, I am thinking of bringing them up in International Waters.
 

Stemar

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I run two cars, er, well one at the moment & looking for a replacement for the one that died, and a boat on an income that most people I work with would consider barely adequate for one second hand car.

Result: the boat's scruffy, the house is scruffy and the cars are old. New clothes? What are they? I can't even afford my local Cancer research shop's prices /forums/images/graemlins/frown.gif

Thank God SWMBO recognises that the boat is a necessity for my mental health! /forums/images/graemlins/smile.gif
 

rich

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IF,,, I hadnot got into boating 40 odd years ago,,,,,I'd be a zilllonair by now,,BUT you can't Buy the good times we have had.........
 

janie

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16 May 2001
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Kids\' inheritance

It's funny how often the teenage sons say "How much did the ... (new mainsail) ... cost? We could have bought ..... with that." They definitely don't have the same priorities!
 

aitchw

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You can't imagine how reassuring that is! It couldn't have been more accurate for my situation if I had written it myself.

If you need to sail you just find a way.

Thanks
 
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