- Jul 10, 2003
- 27,791
Can you give me some examples of this preparation that you talk about or are they a secret? [emoji6]
No secret, just simple stuff. Moving investments out of the UK, taking out long term private health care (ironically using some tax benefits of UK not being in the EU). All done back end of last year, when it became obvious what was going to happen (and I'm sure i mentioned it at the time).
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Here
So we all give up now then, is that the answer?
No point in investing in your business or trying to expand. No hope. Doomed. Presumably our football team will suffer from this malaise as well, as half its fan base emigrates to escape the impending catastrophe. None of us will enjoy anything like our current lifestyles, so pleasures such as football will have to go. More and more of us existing at poverty levels, previously unimaginable.
Shit, it really is hopeless. I am going to have to have a serious word with my staff and tell them that there is no point carrying on, despite us doing really well in the last 3 years, profits growing, bonuses paid. Time to give up, folks.
Not at all. Protect yourself and loved ones as best you can and try and make the best of the oncoming shitstorm.
Personally, after years of patriotically keeping my assets in Britain and paying full tax on them, I've now taken my IFA's advice and moved a lot of my assets offshore, limited my tax liability, taken long term healthcare for my extended family, (and once out of the EU, there are ways of funding it offshore avoiding HIT and Income tax) and I'd suggest you may want to do something similar. You have to take advantage of the opportunities that Brexit offers, even if you feel it is a complete disaster for 95+% of the people of Britain
If your business is doing really well currently then that's a positive and hopefully it will continue to prosper despite the prospects for the wider economy
I've also included your Brexiteer friend's rant that I replied to for context
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