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Reply | Farmers
at 13:57 22 Nov 2024
That's why "man of the people" Jeremy Clarkson is annoyed. His nice little tax avoidance scheme has gone udders up. |
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Reply | Farmers
at 10:45 22 Nov 2024
Very little I'd have thought - directly at least. It depends on what happens with the cash that would have been invested in farmland to avoid tax.
To waste on correcting the mess the Tories made. I agree it is a waste. |
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Reply | Farmers
at 22:54 21 Nov 2024
I may register my parents house as an agricultural property in that case.
My Dad's tomatoes do very well. |
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Reply | Senedd Costs
at 22:34 21 Nov 2024
I don't really drink much alcohol anymore, but after a few beers on a Saturday I really fancy one on a Sunday. |
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Reply | Senedd Costs
at 21:56 21 Nov 2024
I eat food and I'm not fat. Therefore fat people don't exist. |
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Reply | Farmers
at 21:52 21 Nov 2024
Labour messed up the launch and targeting of the WFA where the bar was set too low no doubt, I don't have a huge problem with the agricultural IHT.
A farm sold as a farm isn't particularly profitable and obviously not particularly valuable. A farm sold to someone trying to avoid IHT is 40% more valuable. It stinks as does the Mail, Telegraph, UKIP, Turning Point etc jumping on the bandwagon.
The press are just trying to stoke division, it's pathetic. But I'm more concerned how many people buy in to it.
I think this policy could be more nuanced, perhaps exempt from IHT if staying in the family, 20% if restricted to agricultural use and 40% if not.
The principle behind it is fine in my mind. |
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Reply | Farmers
at 21:29 21 Nov 2024
The numbers are hugely variable, the extreme cases at both ends of the spectrum are daft.
This entire thing has been hijacked for only one reason and that's because Labour thrashed the Tories. It's going to be a rough few years. We need to generate cash and we need to face up to that. |
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Reply | Farmers
at 20:37 21 Nov 2024
The value of the land depends on the profit that can be made from it, from whatever use is possible on that land. A 100 acre sheep farm in rural Ceredigion is worth very little, a 100 acre arrable farm in Sussex could be worth millions. I doubt Clarkson would have bought his acres on the banks of Llyn Brianne for a very good reason.
The vast majority of farmers will pay nothing. I genuinely don't think this will directly raise much tax revenue, it's all about closing a loop hole.
I do feel sorry for the farmers who will genuinely lose out, it's a cash poor business. But there won't be many of them. |
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Reply | Farmers
at 18:22 21 Nov 2024
I'd be a little cheesed off if my little tax avoidance scheme had gone. In reality it won't impact most of them, and those it will won't have to pay much.
The ones who are most impacted are those who want to sell their inheritance to investors who'll pay over the odds for farm land.
And that's tough luck. |
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Reply | Farmers
at 16:23 21 Nov 2024
I havent' got a problem with the farmers IHT issue. It's not a bad policy.
It's just being used by the usual suspects as anothr stick to beat Stamer with.
Last year, 70% of farmland was bought by non farmers, mostly as an investment to avoid inheritance tax. People like James Dyson and Sheikh Al Makthoum own swathes of it.
Jeremy Clarkson has to be the biggest hypocritical knob in the Uk at the moment. |
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Reply | Farmers
at 16:05 21 Nov 2024
Not when they're dead. |
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Reply | Senedd Costs
at 12:24 21 Nov 2024
It's not dealing with the problem. It's giving them another option. An option that they almost certianly can't use.
It's a bit more complicated than them having no self discipline. I've got no self discipline when my wife opens a pack of hobnobs. |
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Reply | Senedd Costs
at 11:57 21 Nov 2024
So hide the problem rather than deal with it? |
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Reply | All this Budget Speculation
at 11:42 19 Nov 2024
No. That's my point.
We're attractive to illegal immmigrants because they can easily work illegally not because we give them benefits. |
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Reply | All this Budget Speculation
at 10:52 19 Nov 2024
Obviously in what way?
I can't remember the last non-immigrant I saw working in a car wash, turkish barbers, take away, riding a delivery bike or behind the bar in the stadium. |
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Reply | All this Budget Speculation
at 10:40 19 Nov 2024
Read the article.
"They're contracted with... a private doctors' system," Councillor Evans told residents.
"[That's what] my understanding is. It's not a statement of fact. That should mean they won't be putting weight on our local [health services]."
"GoToDoc - which said it had been commissioned by the NHS and would not be providing private care."
Also, not to be pedantic, but these aren't illegal immigrants. |
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Reply | All this Budget Speculation
at 10:35 19 Nov 2024
They're not "illegal" immigrants though. They're migrants. Like it or not we've invitied those to come to the UK.
It's not their fault we don't have the resources to accomadte them within public services. That's down to the tories and austerity. [Post edited 19 Nov 10:36]
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