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Income earning capacity of a home shop...

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Mike Cole:
The things you learn reading this site. I had Aus/New Zealand as a decent place to retire too. Guess I will be staying in the good old UK :beer:
To deem the earing capacity of an assett, that just crazy

Mike

andyf:
It seems most unfair to me, too. In the UK, the state pension is paid in full (though "full" doesn't equate to "adequate to maintain a modest but comfortable, lifestyle") even if you're a millionaire, never mind having 3-phase power laid on. It's lumped in with any other income you have for tax purposes, though.

Apart from the injustice of it, your means-tested NZ system seems to discourage people from economic activity once they reach pensionable age, even if they want to carry on working. That can't be good.

Do they want you to start a gardening business if you have a hefty lawnmower, or demand that you rent out any spare bedrooms?

Andy
(who will start picking up his state pension in six months, Deus volenti)

John Hill:
Gheeeeze... I am sorry I even mentioned this.. :doh:  :doh: :doh: :doh: :doh: :doh:

dsquire:

--- Quote from: John Hill on October 26, 2011, 06:20:46 PM ---Gheeeeze... I am sorry I even mentioned this.. :doh:  :doh: :doh: :doh: :doh: :doh:

--- End quote ---

John

Isn't it funny how quick a round wheel can go square sometimes when you least expect it.  :lol: :lol: :lol:

Cheers  :beer: :beer:

Don

andyf:

--- Quote from: John Hill on October 26, 2011, 06:20:46 PM ---Gheeeeze... I am sorry I even mentioned this..
--- End quote ---

...And having re-read your original post, I'm sorry I firmly grasped the wrong end of the stick  :doh:
Andy

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