Why should a family firm or farm be exempt from the same taxes everyone else has to pay? You could, perhaps, make a case that IHT shouldn’t apply to anyone. But what’s the justification for carving o… (View Post)

Farm machinery would be valued on the same basis as the capital goods of any other business, i.e. market value: https://www.gov.uk/business-relief-inheritance-tax The farm can claim business asset re… (View Post)

The justification is that these people should be paying IHT just like the the rest of us: Why should they escape being taxed just because they can wrap the family wealth up in a box marked “family bu… (View Post)

Last time around it was strongly suspected to be a Chinese ship that just happened to have switched crews and was crewed by a bunch of Russians. I wonder which nationality they’re going to fund the c… (View Post)

I feel like I’m going slightly insane here, but will persevere nonetheless. You stated:He claims that "Small farmers without other assets can use their nil rate band". Except they can't. If… (View Post)