IanM
Journeyman Pro
- Joined
- May 18, 2009
- Messages
- 14,554
- Location
- Monmouthshire, UK via Guildford!
Unfortunately we have been conditioned as a country to feel sorry for millionaires it seems.
Actually, we seem to despise success... or is it jealousy?
Unfortunately we have been conditioned as a country to feel sorry for millionaires it seems.
Actually, we seem to despise success... or is it jealousy?
What I found most revealing in the thread was one of the biggest land owners owns the daily mail . No wonder reporting has been very one sided
If, as the PM says, hardly anyone is impacted, why would so many travel so far to protest?
The "Daily Mail Defence" is a version of, "Some of my best mates are black!"
Because the fear played out by the media is clouding the actual facts of the matter
As always
I heard 2 farmers from Northumberland interviewed who were at the protest. They were tenant farmers, as are many up here as the Duke of Northumberland still owns most of the land in the county. Think about that..........For some it was seen as a gathering.If, as the PM says, hardly anyone is impacted, why would so many travel so far to protest?
If, as the PM says, hardly anyone is impacted, why would so many travel so far to protest?
The "Daily Mail Defence" is a version of, "Some of my best mates are black!"
The same people must have designed our door locking systemSounds like every aircraft I worked on in the RAF !
Oh yes. There was some industrial level swearing going onGet this all the time at work,makes it worse when it could have easily gone 20mm to the side & made life SO much easier![]()
Makes a change from hearing how under paid nurses are.Because the fear played out by the media is clouding the actual facts of the matter
As always
If hardly anyone is impacted, then presumably the change isn't going to actually generate much extra tax revenue.If, as the PM says, hardly anyone is impacted, why would so many travel so far to protest?
If hardly anyone is impacted, then presumably the change isn't going to actually generate much extra tax revenue.
In which case, why introduce such a contentious policy (and suffer a lot of political backlash) for such little gain? It makes no sense.
Maybe the government is not telling the truth?If hardly anyone is impacted, then presumably the change isn't going to actually generate much extra tax revenue.
In which case, why introduce such a contentious policy (and suffer a lot of political backlash) for such little gain? It makes no sense.
Oh come on, you can get away with plenty of socialist views on this forum, but stray slightly to the “other side” and it’s hard censure.Where? Nobody has reported any political posts.
Oh come on, you can get away with plenty of socialist views on this forum, but stray slightly to the “other side” and it’s hard censure.
I think it is extremely unlikely that it will achieve that.It won't effect ACTUAL working farmers too much
It will effect people like Clarkson, Dyson and such who have bought massive amounts of land to avoid IHT
So it will claw tax in from the RIGHT type of people IE tax evading self entitled millionaires
This is not an expensive process and I’d say they could all afford it.I think it is extremely unlikely that it will achieve that.
Landowners of that type will almost certainly have in place IHT planning, probably in the form of trusts.
Working farmers, on the other hand, are less likely to have been able to afford the professional advice necessary and their legacies will be affected.
Here in Leicestershire there are plenty of non tenant farmers who, until now, assumed that on their death the business would pass to their successors unaffected.
One result may be the greater availability of land for the "fund farmers" to buy up and transfer to the trusts .
The situation surrounding agricultural property and the separation of different assets such as land and residential buildings can make this somewhat more complex.This is not an expensive process and I’d say they could all afford it.
I’ve just set up a trust fund via Lloyds Bank for my disabled son and I’m no where near any Inheritance Tax Thresholds.
A lot of Banks offer this professional service.