Pavel's eBar

[Hjl]

I got a pay raise!

[overseasTOON]

I got a pay raise!

Message of Awe thread a**hole!

[bodacious benny]

[bodacious benny]

Looking for a bit of advice as I think one or two on here work in finance.

My father-in-law is going to give my impending ex-wife money to buy out my share of the equity in the house we jointly own. I need to get the house valued but I think we’ll have about £60k equity so he’ll be paying my £30k.

Does anyone know how it works in terms of do I have to declare it, pay tax on it or anything? Or is a family member allowed to make a lump sum payment? For example, if a parent was giving a kid £30k for a wedding (some do!) then the recipient presumably doesn’t have to pay any form of tax so is this the same?

[Colback's Orange Tufts]

Looking for a bit of advice as I think one or two on here work in finance.

My father-in-law is going to give my impending ex-wife money to buy out my share of the equity in the house we jointly own. I need to get the house valued but I think we’ll have about £60k equity so he’ll be paying my £30k.

Does anyone know how it works in terms of do I have to declare it, pay tax on it or anything? Or is a family member allowed to make a lump sum payment? For example, if a parent was giving a kid £30k for a wedding (some do!) then the recipient presumably doesn’t have to pay any form of tax so is this the same?

If he gives you it, it'll count as a taxable gift.

If he survives seven (I think years) it's tax free. If he does before his estate is allowed 350k tax free. But if she gives it to you, you wont pay tax (she might).

When u are still married there no tax for transfers between spouses

[Colback's Orange Tufts]

https://www.moneyadviceservice.org.uk/e ... itance-tax
This is a decent guide. Your father in law should declare it I think, otherwise you can't prove the seven year gap

[Don Sholeone]

Hands down the best hip hop performance I've seen.

The UFO

[Alfie]

I didn't pay any tax when my ex bought me out of our house.

[bodacious benny]

Thanks for the advice

Might have had a last minute reprieve after an intense few weeks when literally everything snowballed. My Mrs says she still wants to try (I did anyway) so starting counselling sessions this weekend, obviously if that doesn’t work we can both go knowing we tried everything. Neither of us were ready to walk away.

[Alfie]

Thanks for the advice

Might have had a last minute reprieve after an intense few weeks when literally everything snowballed. My Mrs says she still wants to try (I did anyway) so starting counselling sessions this weekend, obviously if that doesn’t work we can both go knowing we tried everything. Neither of us were ready to walk away.

Best of luck mate, we did the counselling. It's a process that brings up all sorts of problems from the past relationship & they encourage you to discuss what's pissed both of you off. It either works or you find out a bunch of stuff you've done that's pissed her off but she hasn't told you (was a long list with me/her)

[overseasTOON]

Thanks for the advice

Might have had a last minute reprieve after an intense few weeks when literally everything snowballed. My Mrs says she still wants to try (I did anyway) so starting counselling sessions this weekend, obviously if that doesn’t work we can both go knowing we tried everything. Neither of us were ready to walk away.

Best of luck mate, we did the counselling. It's a process that brings up all sorts of problems from the past relationship & they encourage you to discuss what's pissed both of you off. It either works or you find out a bunch of stuff you've done that's pissed her off but she hasn't told you (was a long list with me/her)

A mate of mine went through counselling with his wife in 2003.

She showed up with 3 sheets of A4 containing all her gripes. The counsellor gave him a look that suggested "You're f***ed".

The first gripe was that he'd missed taking the bins out once in mid 1989.

Needless to say; they parted ways.

[bodacious benny]

Thanks for the advice

Might have had a last minute reprieve after an intense few weeks when literally everything snowballed. My Mrs says she still wants to try (I did anyway) so starting counselling sessions this weekend, obviously if that doesn’t work we can both go knowing we tried everything. Neither of us were ready to walk away.

Best of luck mate, we did the counselling. It's a process that brings up all sorts of problems from the past relationship & they encourage you to discuss what's pissed both of you off. It either works or you find out a bunch of stuff you've done that's pissed her off but she hasn't told you (was a long list with me/her)

Cheers - we’ve been pretty frank and honest recently about things we’ve both done wrong and need to work on so not expecting too many surprises!

[Chappy]

Anyone know any reliable sports streaming sites? Ever since Soccer Streams on reddit disappeared it's been an absolute ball ache finding them...

[Sir Bobby]

Anyone know any reliable sports streaming sites? Ever since Soccer Streams on reddit disappeared it's been an absolute ball ache finding them...

My go to is firstrowsports which always has a working stream for Prem games - only used it a couple of times for other games but always worked

[Hjl]

I deleted my Facebook account. It feels oddly liberating.

[bodacious benny]

I deleted my Facebook account. It feels oddly liberating.

Yep, great isn’t it! You soon realise how pointless it is and that you’re not missing anything.

[Tsi]

I deleted my Facebook account. It feels oddly liberating.

Yep, great isn’t it! You soon realise how pointless it is and that you’re not missing anything.

But the bandwagons and pointless outrage

[Hjl]

Yep, great isn’t it! You soon realise how pointless it is and that you’re not missing anything.

But the bandwagons and pointless outrage

I watched "The Great Hack". Facebook are the worst

[Tsi]

But the bandwagons and pointless outrage

I watched "The Great Hack". Facebook are the worst

Never had a facebook account and had a twtter account for about a week before deleting it.

[bodacious benny]

Well, as Ronan Keating once said 'Life is a roller-coaster'...Mrs BB and I tried to make things work for a few weeks (tried counselling etc.) but she said she loved me more as a friend now (which is what I thought last time when we split for a couple of weeks before she did a u-turn) so after 16 and a bit years (and half my life) that's definitely it.

I'm cracking on with the practicalities like getting house valuations, closing down/moving direct debits etc and looking for somewhere new to live now. Most of it is straighforward, just need to speak to the bank about transferring the mortgage to her etc. as she'll buy me out and transferring title deeds and stuff.