Quote:
Originally Posted by Pierre
They’ve screwed up big time with the inheritance tax on farms.
They’re idiots and have not thought it through at all……which is really worrying and shows ignorant form, as they did with WFA.
This will be reversed, very quietly, in the next 12 months………..just wait for Iran to nuke Israel and they’ll announce it then.
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It seems that Rach didn’t anticipate the impact of employers’ NI contributions either. They just don’t understand business. They are well out of their depth.
---------- Post added at 19:41 ---------- Previous post was at 19:39 ----------
Quote:
Originally Posted by denphone
You need to listen less of Clarkson and Dyson who basically bought the farmland to avoid paying tax.
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The words ‘babies’ and ‘bath water’ come to mind.
---------- Post added at 19:44 ---------- Previous post was at 19:41 ----------
Quote:
Originally Posted by Damien
Well, it will discourage buying farming land purely as an investment since it's no longer a loophole to avoid tax. Why would Dyson buy it up if that money is now subject to just as much inheritance tax?
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Is that all you see? This is nothing but vindictiveness against people with money.
---------- Post added at 19:45 ---------- Previous post was at 19:44 ----------
Quote:
Originally Posted by Hugh
With farming land, they have 10 years to pay the IHT…
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I’m sure that will be a great comfort to those trying to keep their farms afloat. You’re all heart, Hugh.
