[Farhan]

@johnmoore said:
relocation is 8k tax free exempt benefit that was abit hard for me, payments for reny I think I did do benefit

that 20000 really confused me

While I wasn’t sure what to do about the payment towards rent, I think there was a bit of a trick on the relocation costs.

Don’t remember the exact numbers, but they paid him something like £6,000 for relocating, but his actual costs in relocating were <£5,000 when you took out the fees on the same of his home, so I wrote the additional payment was taxable.

[Farhan]

@farhantahir786 said:
Future seems accurate. I didn’t bother with the numerical costs coz of time issues (just work in percentage rates as it’s faster and allowed I think). But future deal was most expensive. I think that was a given because the rates fell. So options are always better when rates fall. Collar was cheaper to (only slightly…).

Wouldn’t the collar be the most expensive? You wrote a call option on interest rate futures, which gives someone else the right to benefit is rates fall. Upon the interest rate falling, that person would then exercise their right, and you’d have to pay them the difference.

[Author]

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