Ryan Carr

Keir starmer dictatorship continues. Again when he is called out on his lies, he responds the only way he knows how.

@CommunitiesNI @gordonlyons1 @UEFA @UEFAEURO @BelfastICC Sad that what could have been a once in a generation celebration of football for all our young people was missed. Then to be so out of touch to do this.

Minister @GordonLyons1 has said that @UEFA #EURO2028 will leave a positive legacy for football in Northern Ireland.⚽️ 👀Find out more: communities-ni.gov.uk/news/lyons-icc…

@talktoBOI Yes I did know that, that is why I tagged them in the post. Funny how it still says Bank of Ireland on the front of the card. Who you partner with reflects just on badly on you. It's ok I have still two more days of nothing before I can talk to anyone.

@Ryccarr Hi Ryan, thanks for getting in touch. I am sorry to hear this. Your credit card provider changed from Bank of Ireland UK to Jaja Finance Ltd (Jaja). Please contact them for further assistance. Thanks, Megan

Twice in two weeks @jajayourlife @BankofIrelandUK have left me in a situation with no money and because it's after 5pm no customer service to help. Being angry is a understatement, two poor companies that don't care about their customers.

@Keir_Starmer How about stop trying to destroy farming/environment and countryside?

If something isn’t working, I roll up my sleeves and fix it. I will reshape the state to deliver security for working people.

@realDonaldTrump Trump is probably more dangerous for the world than Putin.

This comes from the same man who changed the rules on taxing non doms but they were his rich mates 🤡

Today is day 7 without electric and heating 🥶🥶 it was bitter last night. @niexecutive @NIElectricity

Best wishes to everyone for 2025. Some big changes coming for me,turning a new chapter 👍 retweets appreciated 👍

@unusual_whales Still a walking advertisement for his fake meat companies. Please do look up cows as a part of a carbon cycle. The methane problem comes from fossil fuel wells, check NASA research.

Bill Gates: "Cows are about 5% of global emissions, which is pretty unbelievable. Wild. And if your goal is to get to zero, you don't get to skip the cows or the steel or the cement or any of those big areas. So there's a whole class of solutions of making meat without cows."

A much better understanding of the situation here than last week by @DanNeidle . Along with more information on the split in the figures of farmers that are farming and those using it for iht purposes. Plus some thoughts on sorting the problem.

Let me understand this, the only way to help everyone is to make a mega global power richer and more powerful.

The NFU has also released a long analysis of the figures. At the £2m threshold IHT spread over 10 years would wipe out the majority of farm returns. At the £1m threshold, the tax bill would significantly exceed the average returns of a medium-sized farm nfuonline.com/updates-and-in…

#FamilyFarmTax talking points - a helpful guide: 1. "It's only 500 farms". No, that's APR claims above £1m made in one year, 2021/22. Many more people than that are affected by the rules. The CLA estimated the total number is 70,000 farms. On the Government's own numbers it's about 16,000 (500 x one generation of 32 years). The true figure is that it's likely tens of thousands are affected. 2. "There's a £3m exemption". No, that only applies if both spouses are alive, they can split the farm between them, they amend their wills before dying, both they are their children are in stable marriages (or they are prepared to use complex trust structures). It will not be possible for all couples to achieve this. 3. "Family farms are protected". No, DEFRA says the average family farm is 217 acres. At £11,300/acre that's £2.45m. Together with equipment and a farmhouse, that's likely well over £3m which is the maximum level of the exemption. Farms well below that level are affected and will need to take steps to restructure the way they are organised or face inheritance tax bills when the older generation dies. 4. "How can your income be that low? The price of land must be high because of tax avoiders." The current 100% exemption for land and businesses have applied since 1992. The price of land didn't start to rise significantly until 2005, when the Single Farm Payment was introduced. Tax rules only have a minor affect on land value, which is driven by multiple factors including development, rollover relief, environmental needs, and that they're not making more of it 5. "This only affects the very wealthy and tax avoiders" At one end lifestyle buyers may well be within the £1m exemption per person, at the other the very wealthy can still plan by making gifts. The people who cannot avoid it are family farmers who need to retain access to the farm income. 6. "Wealthy farmers can just pay their fair share of tax" An average farm income is about 1%. Even if you pay over 10 years, the inheritance tax payments will often take all the income, and so part of the farm will need to be sold. This reduces efficiency and makes the farm less viable for the future. What have I missed?

@PeterStefanovi2 This will look really bad when Keir starmer is summoned about disinformation/false information or lies on farm inheritance tax, council tax and tution fees.

MPs are to summon Elon Musk to testify about X’s role in spreading disinformation, in a parliamentary inquiry into the UK riots and the rise of false and harmful AI content theguardian.com/media/2024/nov…

@RichRance @therestismoney @DanNeidle Yes, because it's the asset value rather than how much profit.

@Ryccarr @therestismoney @DanNeidle Will those farms be subject to the inheritance tax?

How many farmers will actually be affected by the changes to inheritance tax? @DanNeidle does the math...

@VigJimmy @tomthegrinch @therestismoney @DanNeidle If any british government actually wanted to pay farmers the money they need to produce food, increase carbon and have more natural schemes at a good profitable rate for the work and investment farmers put in. Then I would agree But they pursue a policy of cheap food at any cost

@Ryccarr @tomthegrinch @therestismoney @DanNeidle You strike me as a really decent person, but don't see the issue with (depends how you count it) ~ between £1M and £3M threshold on assets with a 20% tax beyond it. I can side with farmers being screwed over by supermarkets, feed/fertiliser suppliers et al.

@trevm_again @DanNeidle @therestismoney Yes for sure, but it's the risk of splitting the farm which actually scares many older farmers.

@Ryccarr @DanNeidle @therestismoney Can you gift a percentage of the estate so you avoid IHT but still have some assets of your own incase things go wrong?

@SteveKinghorn @JohnRConstable @therestismoney @DanNeidle Many farms don't make profit and survive on subsidies.