Out n about on site visit and a lovely earth closet. Don’t see many these days. If I was in need it would have been a privilege.
#heritageconsultant#townplanning#toilets
#suburban housing typology #CostaRica style… very much for expat who want home from home. Buy a dedicated plot and buy from a pattern book.
@TownscapeInfo on holiday.
@alexarmstrong It’s wrong. The assumption is £10k an acre. Agricultural land has been massively overvalued for a long time mostly for asset book reasons or for hope value. IHT will mean Agri land is down valued/rated to more normal values. Therefore unlikely many farms will be subject to IHT.
Fantastic video from these young farmers explaining the basic economics and mathematics of the inheritance tax law that Rachel Reeves from customer service and is clearly incapable of.
Please share this to inform the left wing echo chamber where needed.
@paullewismoney You assume land values at today prices, wrong. Agricultural land has been vastly over valued for many years due to asset book valuations … at the point of/if IHT levy, valuation will be realistic and valued less than £1m = no IHT.
Clarkson Farm. Assume worth £4.25m and all other allowances used up and not left to spouse/civil p.
Leaves as cash or property IHT = £1.7m
Leaves farm before 6/4/2026 IHT = £0
Leaves farm 7/4/2026 or later IHT = £650,000
So after change heirs still save £1,050,000 tax
@KirstieMAllsopp Agricultural land has been over inflated/valued for many many years. A farm subject to IHT will just be down valued so under £1m. Don’t see the problem tbh. It’s all about moderating the value of land and buildings… thought you’d know about that?
Rachel Reeves had fucked all farmers, she has destroyed their ability to pass farms on to their children, and broken the future of all our great estates, it is an appalling decisions which shows the government has ZERO understanding of the what matters to rural voters.
@FarmingUK From a planning point of view, the value of agricultural land has been massively inflated for years. All that will happen is that farms subject to IHT will be down rated and down valued to £999,999 . Land values will reflect market trends. Not every case I agree.
🚨 The impact of the budget will be the 'final straw' for many farmers and could lead to food price rises, the NFU has warned
farminguk.com/news/impact-of…