Plight of Farmers.

[cryrst]

Well, i would suggest that we all need a certain amount of money to pay for basic goods and services and anyone paying the 40%doesn't have to pay it,it is only too easy to legally avoid paying.My son was paying 40% on some of his earnings and I told him how to legally avoid paying.

And you are on here castigating farmers for the opposition to the IHT.
Does hmg know this loophole ?

 

[Spiderman]

Well, i would suggest that we all need a certain amount of money to pay for basic goods and services and anyone paying the 40%doesn't have to pay it,it is only too easy to legally avoid paying.My son was paying 40% on some of his earnings and I told him how to legally avoid paying.

So are the landowners you are criticising on here not acting legally?

 

[Rudi Hedman]

One big problem is that few farmers live in farm houses,the uber rich buy up farms an inheritance tax dodge.

Then design a tax for that purpose then, rather than chipping away at farmers every generation and more. It affecting 500 farmers a year is too many imo.

 

[Rudi Hedman]

Same percentage on the firs t£50K sounds fair.

What about the personal allowance up to £12,570 you don’t pay tax on? Maybe you forgot about that, but if you didn’t then it would need Universal Credit to rise to cover the UK’s high living costs for low earners.

It would make some money in tax on young people living with parents but it would disincentivise a lot of people across all age groups to bother working at all in part time work which has risen in recent years but we’ve now got a problem with the amount of economically inactive people in Britain.

 

[Jacey]

64 million are NOT calling for a new g.e.

Wow!!
What an achievement by Starmer, apparently being the most disliked leader in our history in little over four months, on account of his lies and incompetent ministers:

'Keir Starmer won't get away with shrugging off General Election petition'

Keir Starmer might think that the petition is a stunt no matter how many millions of signatures it gathered, but he'd be wrong.

www.express.co.uk

 

[Penge Eagle]

Well, i would suggest that we all need a certain amount of money to pay for basic goods and services and anyone paying the 40%doesn't have to pay it,it is only too easy to legally avoid paying.My son was paying 40% on some of his earnings and I told him how to legally avoid paying.

I'm not sure where you stand on the issue. Are you for tax planning, ie to avoid paying inheritance tax? Or are some loopholes OK, others not?

I think IHT should be abolished.

 

[georgenorman]

I'm not sure where you stand on the issue. Are you for tax planning, ie to avoid paying inheritance tax? Or are some loopholes OK, others not?

I think IHT should be abolished.

Agreed, they are like vultures feeding on the dead.

 

[HKOwen]

Labour's cabinet think food comes from ASDA when first elected and Waitrose as they progress through the ranks.

Starmer's claim to be a country boy is really intelligence insulting, same voracity as his uncle being torpedoed in the Falklands War.

The minster responsible for rural affairs represents the well known agricultural constituency of Croydon North.

He is as qualified as Rachel from accounts.

This bunch of incompetents can do a lot of damage in five years.

 

[beak]

I'm not sure where you stand on the issue. Are you for tax planning, ie to avoid paying inheritance tax? Or are some loopholes OK, others not?

I think IHT should be abolished.

Well i'm not against LEGAL tax planning, it is up to the government to close loopholes if they wish.The legal loopholes are difficult as you can only estimate your death date.

 

[Rudi Hedman]

Agreed, they are like vultures feeding on the dead.

They see it as taxing the recipients, not the dead. I don’t disagree with IHT per se, but I don’t know where I think the thresholds etc should be. The government costs that keep rising in real terms since WWII are welfare and obviously in the NHS due to developments in treatments and the ageing population. Oh I nearly forgot. Public sector employment, and now illegal refugees, unemployed immigrants and overseas ‘aid’. Yes we have our own long term unemployed but that isn’t a reason for it to be okay for unemployed immigrants to sit back on a life on benefits.

 

[Rudi Hedman]

Labour's cabinet think food comes from ASDA when first elected and Waitrose as they progress through the ranks.

Starmer's claim to be a country boy is really intelligence insulting, same voracity as his uncle being torpedoed in the Falklands War.

The minster responsible for rural affairs represents the well known agricultural constituency of Croydon North.

He is as qualified as Rachel from accounts.

This bunch of incompetents can do a lot of damage in five years.

Some facts about Keir Starmer…

Went to Reigate Grammar School before it became fee paying which it is now.

Grew up in Oxted. Oxted is split by the A25. The shops, train station and old cinema are north of the A25. If he lived south of the A25 then that is going into farmland. North of the A25 is like any other town and you’ll probably never see a farmer or farmer vehicle there.

There are several Starmers buried in a line in a graveyard in Godstone, west of Oxted on the A25. It’s in the church grounds of the church on a track near the fishing lake behind The White Hart pub.

 

[georgenorman]

They see it as taxing the recipients, not the dead. I don’t disagree with IHT per se, but I don’t know where I think the thresholds etc should be. The government costs that keep rising in real terms since WWII are welfare and obviously in the NHS due to developments in treatments and the ageing population. Oh I nearly forgot. Public sector employment, and now illegal refugees, unemployed immigrants and overseas ‘aid’. Yes we have our own long term unemployed but that isn’t a reason for it to be okay for unemployed immigrants to sit back on a life on benefits.

Inheritance Tax has to be paid before probate will be granted, so it is very much a tax on the dead.

 

[Spiderman]

Some facts about Keir Starmer…

Went to Reigate Grammar School before it became fee paying which it is now.

Grew up in Oxted. Oxted is split by the A25. The shops, train station and old cinema are north of the A25. If he lived south of the A25 then that is going into farmland. North of the A25 is like any other town and you’ll probably never see a farmer or farmer vehicle there.

There are several Starmers buried in a line in a graveyard in Godstone, west of Oxted on the A25. It’s in the church grounds of the church on a track near the fishing lake behind The White Hart pub.

Born in that bastion of farming community….Southwark, brought up in Oxted. Reigate Grammar changed to fee paying whilst there, he was awarded a bursary to carry on at the school

 

[Penge Eagle]

Well i'm not against LEGAL tax planning, it is up to the government to close loopholes if they wish.The legal loopholes are difficult as you can only estimate your death date.

I agree which is why I don't understand why there is a problem with those who choose to buy a farm to avoid inheritance tax. Of course, most farmers are not doing it for this reason. Inheritance tax is morally disgusting.

 

[Rudi Hedman]

I agree which is why I don't understand why there is a problem with those who choose to buy a farm to avoid inheritance tax. Of course, most farmers are not doing it for this reason. Inheritance tax is morally disgusting.

Ideally I’d like there to be no inheritance and I once thought it shouldn’t happen. But what would you tax or cut instead? I think the IHT take is about £10 mil per year, and as much as I don’t like money going to illegal migrants and overseas aid, IHT was around before those large bills.

The one big thing that we’ve missed out on is all those small retailers paying tax who’ve gone out of business and been replaced by zero tax paying Amazon. Oh and cash taking, tax dodging, money laundering shops now on local high streets.

 

[Penge Eagle]

Ideally I’d like there to be no inheritance and I once thought it shouldn’t happen. But what would you tax or cut instead? I think the IHT take is about £10 mil per year, and as much as I don’t like money going to illegal migrants and overseas aid, IHT was around before those large bills.

The one big thing that we’ve missed out on is all those small retailers paying tax who’ve gone out of business and been replaced by zero tax paying Amazon. Oh and cash taking, tax dodging, money laundering shops now on local high streets.

I don't think there has to be a replacement tax for it - just less government spending would cancel it out.

 

[beak]

I don't think there has to be a replacement tax for it - just less government spending would cancel it out.

So which spending is thrown out,Disability , schools, pensions, Nhs, what is your choice for throwing under the bus, its a disgusting choice.

 

[Forest Hillbilly]

The Tories killed the High streets. Business rates too high, even when there were starting to be empty shops. Letting banks pull out of high Streets. Increased parking charges. Panic taxing, just increased the rate of shop closures.
And now the Labour Government is embarking on what is seemingly more badly-thought-out taxes to try an get money in the coffers.
Good luck with that 😀

 

[ASCPFC]

The Tories killed the High streets. Business rates too high, even when there were starting to be empty shops. Letting banks pull out of high Streets. Increased parking charges. Panic taxing, just increased the rate of shop closures.
And now the Labour Government is embarking on what is seemingly more badly-thought-out taxes to try an get money in the coffers.
Good luck with that 😀

Just asking: would that not have been done by councils - who were largely Labour?

 

[Penge Eagle]

So which spending is thrown out,Disability , schools, pensions, Nhs, what is your choice for throwing under the bus, its a disgusting choice.

Where do we start...! Foreign aid (£14bn) could be slashed in half and that would cover the entire IHT tax income. 💥