Member Info for jamesmaggs

On the issue of farms and IHT, two questions can help frame the debate.

The first is why should farmers be exempt when everyone else has to pay death taxes? One answer is that farming is a job, and when a farm is passed down, what is really inherited is a role. The asset is not sold; no gains are realised and no stash of money is deposited to help clear the IHT bill.

That's very different to non-farming offspring, who have long since fled the nest, inheriting a family home. In this situation, the property can be, and almost always is, sold, providing the money to pay the IHT bill. A second question is why shouldn't the government stop wealthy people buying up farms to avoid IHT? It should if it wants to. But legislate for that - add a clause stating that if a claimant's main home is elsewhere and their whole life is not wrapped up in the farm, there is no IHT exemption.

Positive enough update over on that one today, different company,listing,size clearly but you’d think there would be a read across or is it just me that yesterday’s bid rumour rise here did the opposite.

Holder of both.

Thoughts anyone?

Thanks for the info and link.

They’ve done a cracking job of alienating pensioners,employers,farmers,etc etc plus it’s not lost on me the share price movements since September or whenever it was they got in!

Mind you the last lot were useless but perhaps not as useless as this lot lol

They shouldn’t be allowed near the finances unless they’ve qualified by starting/running their own businesses , even if it’s a market stall which clearly they couldn’t run lol

Tell me about it blue, the issue for me is the smaller multi generational ones that struggle at the best of times and work crazy hours,earn peanuts and the big agri business ones will keep quiet as they’ll be swallowing a lot up on the cheap.

I remember the march years ago by the countryside alliance/farmers for action and I think the government townies have underestimated the strength of feeling here.

And the car haters in London will be very upset when the tractors etc arrive to protest burning red diesel lol

Put it this way Troj, the biggest gripe used to be the weather!

Blue, thanks for the link on pick ups, didn’t know that.

Most country folk I know won’t be voting labour if they ever did before!

Good bit of investigation there stumpy,strange one this,always been volatile but the 60% day got everyone interested it seems!! GLM.

Noticed recently the daily nav RNS absent on here and a few others, is this about costs or a change in policy specific ,just out of curiosity?

Evening all, been a cold couple of days ay! Can’t believe I was mowing paddocks on Saturday lunchtime and hardly dare venture out today!

Great news on liontrust Trek, they’ve maintained the div, target maintaining next year and didn’t fall off the rise this morning so I added uncharacteristically on something in the blue and got my average down a chunk too!!

Have your ponds frozen over Troj?

Hi stumpy, interesting point on CBG and this on shorts, beyond my pay grade to fathom either out other than both clearly shorted and high risk/reward and clearly I’m in both or wouldn’t have picked up on it.

General observation to all, there’s a lot of regular posters,occasional posters and readers who don’t post but who do read and it’s great to see lively debate and opinions, ideas etc but without the nasty stuff because unless you’re one of those ‘nasty shorters’ lol, surely it’s better to get on with each other than persue personal agendas whether we’re gambling,speculating or investing.

Good luck all.

I’d be wary of a house near badgers more than the lawns, they’ll do some serious structural damage plus never send a terrier down a hole as they’ve got very powerful claws!

My advice on the dredging is ask someone who knows rather than someone who’s studied it at university Troj!

Very unfair how the tax works but it’s how they spend it that irks me, the whole lot of them!

Moldova has a few Russians there, reminds me of how hitler got up to all sorts because some jerries lived in various places a hundred years ago.

The shifting borders of Europe strikes again maybe.

If we conquer space colonisation we can do it all again on a bigger scale!

Blue, smaller multi generational farmers instinctively look after wildlife as they manage the young guns wanting to shoot stuff for fun and the elders would insist only shoot for food and sustainability for example but the management consultants and experts from the towns and cities with no experience would say otherwise no doubt!

Hi Blie, they’re busy digging into a bank/bund we created a few years back and having a scrap with the resident rabbits on territory I reckon!

There’s certainly some digging going on, big rocks coming out too and you wouldn’t want them in a suburban garden!

Blue, problems in the countryside worse now, big agri-businesses flourish as the smaller ones fall by the wayside,a few diversify but don’t want to get into it as it winds me up that this government imo hates farmers,pensioners,smokers,small businesses and frankly the last one wasn’t much better and the shafting of dividend incomes on allowances/tax not forgotten either!

It’s a shame none of them ever started and ran their own businesses before being allowed to govern is all I can say mate!

Hope all okay, not complaining about lack of rain now!

Troj,hope the ponds doing okay mate,mine brimming and doing a bit of cutting back round the boundaries now and plenty of logs for my production line of planting,growing, pollarding and various systems associated and then seasoning,storing and finally burning on the log burners!

A few pheasants taking refuge in mine from a nearby estate, ended up with a few breeding pairs before and good cover as the trees grow on.

Badger sett seems to be expanding but I’m happy with that as doesn’t seem to bother the other wildlife.

Politicians of all denomination continue to upset us as they’re all so inefficient spending but always finding more efficient ways to get more in!

Just for clarity, if you click share news above the updated TP was yesterday.

Markets hate uncertainty.

Markets always over-react.

GLA

Easier said than done mate but a good idea nonetheless!

Hope he’s okay, he’s always been on here.