Tom Paybody

Seeing out 2025 in style 🥳 🛁 21-41 😇

Our Chair @amcarmichaelMP asked the Prime Minister why he hasn’t listened to MPs calling for a rethink on inheritance tax changes. 👇

MISLEADING VOTERS ON FARM INHERITANCE TAX Goverment ministers and MPs keep stating farmers should pay inheritance tax "like everybody else" and since they pay half the rate to domestic inheritance tax at 20% "they should not complain". This is intentionally misleading. Farm inheritance tax at 20% of land value on farms earning a return on that same value of 0.5% is a pro rata rate equivalent to 40 annual incomes (20%/0.5%). Domestic inheritance tax at 40% relates to an average income of £37,000 and average house values of £270,000 or a theoretical "return" of 13.7% so at 40% this is a pro rata rate equivalent to 2.9 annual incomes or just 7.5% of the pro rats rate paid by farms. The other difference is that farm inheritance tax enforces land sales which ends up reducing the earning capacity of the smaller lower capcity farm. On the other hand in the domestic situation no such negative impacts on future earning capacity exist. Maybe to pay approacing the equivalent to farms, voters should be paying at least an 80% inheritance tax or at least stop parroting the misleading statements concerning the bad treatment of farms in this country.

WE'RE OFF TO FINALS DAY 🔥🔥🔥 We are #MadeOfSteel🛡️

Centax, from whom Rachel Reeves took her farming inheritance tax idea, has said the policy should be better focused, and found it impacts working farmers more than other landowners, and some will not be able to pay without selling farm assets centax.org.uk/news-release-i…

@AdamSants_ Mark Waugh surely. Pains me to say it

I'm not sure Joe Root should be anywhere near a list all time best slip fielders. He's not a terrible, although he's had a shaky last couple of years in the cordon. Definitely not in the same league for even England as the likes of Collingwood, Swann & probably Strauss.

Jordie Barrett wears Fraser Dingwall pyjamas #coys

CONFIRMED: @DefraGovUK stops accepting new Sustainable Farming Incentive (SFI) options with immediate effect (🧵to follow)

@SaintsRugby we’ve all been saying it. This lad is an absolute rolls Royce. Not a show pony but puts runners in holes all day long.

This is great from @SaintsRugby. Superb behind-the-scenes content from the winning week in South Africa. George Furbank and Fraser Dingwall delivering inspirational team-talks in car parks. Success story.

@Markmid1 @FlindtTowers Cheers middy great bit of beef 🥩 great evening had by all 🍺 🍷

Kettering ag discussion group evening at The Buttery with @FlindtTowers presenting the field of wheat prizes & giving a wonderful presentation afterwards. Congratulations to @paybods & his brother Will on winning , & thankyou to all for turning up, #kads

@herdyshepherd1 The whole thing is a shower - we have hedgelaying lined up assuming we would be granted funding as it’s a relatively modest amount.I had a sick feeling as I have work that I haven’t claimed for yet due to issue with rpa system!

I’m travelling at the moment and unable to check with my files I hope you are right - but the fact I am so F baffled, and was up at 4am worrying about it, tells you heaps about this shit show

@herdyshepherd1 Are you sure this isnt in response to a recent cap grant application and not your existing ag- I have received the same letter and took it to refer to a hedge laying grant I applied for in Sept and not to capital grant projects already approved & in progress under a mid tier ag.

Why would anyone risk tens or even hundreds of thousands of £ on trust that they will get their nature recovery grant paid back if DEFRA’s word can be broken mid contract with impunity? This makes nature restoration for public benefit totally unviable because of the risk

We were stood just next to @TrooperSnooks when he was giving this interview - hats off to him - I agree with everything he says but wouldn’t have been able to say it so calmly, eloquently and succinctly (without swearing!)

@russbmckenzie 62mm Northamptonshire - floods the highest we’ve seen….fed up of saying that

In the space of a week the gate is firmly shut on the autumn! Think we were fortunate with 19mms over the weekend compared to others, the drive to & from Oakham last night was horrific. Noticeable round this way how quick ditches have filled & the odd brook overflowed again.

'I have a lot of sympathy with the government; there were no good choices.' @AndrewMarr9 is beginning to wonder whether Labour's Budget is 'starting to unravel', following farmers' protests in Westminster.

Defra figures show 2/3rds of farms will be stung by removal of APR, not 1/4 as the Treasury claimed: theguardian.com/environment/20…

Two runs behind. Five wickets down. I think I'll hit a six. I've seen more brains in a pork pie.

@AgriHighland We’ve got porta yards slightly taller hurdles than most of the others - much less jumping etc. have that running into a Clipex handler which is now 6 years old been really pleased with it

Intrested in peoples opinions- looking at mobile sheep handling systems and what people recommend. - mainly 1 man operation - mobs mostly of 200/500 - weighing essential - both close and far movements What do people recommend? Te pari? Clipex? Rappa? Pratley?

Somerset were 122/8, 118 ahead, with about an hour remaining last night To win by 111 runs with minutes to spare from there is absolutely astonishing This whole match has been County Championship cricket at its best