No not immigrants more migrant labourNor would other people of Ireland, Scotland or Wales in those times be thought of as immigrants would they?
Farmers.
- Thread starter xsparks
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I stand corrected.That's not correct. The majority were English. (A recent Canal documentary series also covered it)
Only about a third were Irish. Thank you
. Lots also immigrated to the us to build their canals too it seems.
- Feb 13, 2025
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Is it only farmers who get a reduction? Might be an idea to check with an accountancy practice and look into Trusts. And ask a solicitor about making provision in a will for assets to be put in a trust. I'm looking into making a limited company the purpose of which will be stated as property and asset consolidation, or something. Or motorhome management. It won't actually sell anything. If it must trade, it'll do so miminally. I'll be a director. My children will be directors. When I die, nothing should change, well, except me being scattered somewhere and my directorship ending. They'll continue as directors and those things considered my assets will actually owned by my company. So there won't be any IHT because the estate isn't mine. It's not actually an estate. Maybe there's an obscure tax rule that will prevent me from doing so but I shall explore it - as should everybody, imv. Failing all that, I'll blow it on my children before I die so they'll get it sooner and what's left will be below the threshold.Why do only farmers get the IHT reduction though? If you owned a care home you'd be liable for twice as much IHT and your heirs can't really sell off residents
The real problem with IHT is those who are above the threshold not consulting those who lawfully can assist in reducing IHT liability.
Don’t know about that one. Were there passports then or records kept? I doubt it. Most folk wouldn’t even have had birth certificates. It was mostly parish records then I think.
In the 1750s when the canal building period erupted, labour arriving from anywhere beyond the immediate area was probably regarded as outsiders who talk funny. Ireland was part of the British Empire and ruled from London. In 1801 Ireland became part of a United Kingdom of Great Britain and Ireland.
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Every journey starts with a stepYes, of course I would but not just some, ALL!?
You're misrepresenting the point, "suddenly" and the 10 year to pay....If you have not been involved with farming, you probably never will, it's not a job, it's a way of life!
Let me put it another way.
IF you had a family run shop and you and your extended family lived above it for 100's of years
IF, when you died, and because of changes in legislation that happened in the 1980's ,NOT because your family asked for it but because the country was going through a recession and the Government wanted to stop the Farmers going out of business and, therefore, relying on expensive overseas imports,
The same Government SUDDENLY wanted to change it back depriving your family of, not only their business but HOME also, would you be happy?
No it's not fair on the taxpayer that farmers should be treated differently than others BUT it's equally not fair that Government should be allowed to SUDDENLY bring in legislation that could make Grandparents, Parents and Family homeless,!
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No, you missed the point, to a Farmer who has to try and plan years ahead, despite all the changes in policies that the Government wants, 10yrs is nothing!
In my lifetime, after the war it was throw on all the chemical fertiliser ANYTHING to produce more food. then after a few more changes, it was grub out ALL the trees and hedges to accommodate the larger machinery, then it was that we were producing too much and causing butter mountain and milk lakes, then it was organics, then it was chemical run off from all the fertilizer they had been encouraged to spread 50yrs earlier and was now getting into the water table, then it was rewilding and putting back ALL the hedges and trees we had grubbed up 50yrs before!
The point you and others, are missing is, to a Farmer, 10yrs planning IS suddenly!
PS, I forgot to mention, that the farmer has to plan also for Snow, Gales, 'Beasts from the East, drought, flooding, supermarket food trends, climate and Government policy changes, leaving the EU and Acts of God incidents.
It's bloody easy ain't it!
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You can gift any amount you like if you live for 7 years after. All farmers need to do is think like any other buisness owner in the UK and plan for their demise if they do want to pass the farm on . If people want to not suddenly change so that people have time to adapt I could see no problem with my previous suggestion up to £5m agricultural assets iht deferred for 7 year provided not sold with a taper over the next 7 years to no taper relief. You seem dead set against any changes even for huge estates do you not agree people have been taking the Mickey on this for several years like Clarkson? As others have said the poorest people are probably agricultural workers who don't own a lot of land or assets not the ones passing on several millions.
Just a point,when those hedges were grubbed up I noticed we, as common people didn't get back that land that was stolen from the common people under the enclosure act.This was a highly malicious act purposefully designed with that sole intent as it was known the majority of commoners didn't have a pot to pi$$ in let alone afford miles of fencing or hedging to enclose their land as the new law demanded. legalised theft!!
Mike.
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You can hardly blame this generation of farmers for what happened in 'the enclosure act' of 1766 and 1770?
PS. When I was a child, the old Romany's used to know where they could find 'Common Land' and stop for a night or two.
I can blame those that are still in possession of the " ill gotten gain".
Mike.
Mike.
So can I but the hedges that I was writing about was on our farm and nowhere near common land during the 1700's, In fact, it was probably under water until the Fens were drained in the early 1800's.
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