Question for farmers protesting about inheritance tax.
— Matthew Stadlen (@MatthewStadlen) November 19, 2024
Consider a farmer who has £5m of land. He has 2 children. One wants to continue with the family farm and the other works in a town.
How is the money handed down? Does the town son get any money or does the farmer son keep…
Therandomthoughtsofanalsoran
A compendium of Luxury Beliefs ...
Tuesday, 19 November 2024
Protesting Farmers garner Marie Antoinette levels of sympathy...
Friday, 15 November 2024
Chinny rub of the Week
Apparently Essex Police turned up at the door of Allison Pearson on Remembrance Sunday to say someone had reported her for posting something "racist" the previous Remembrance Sunday. They told Allison the exact date of the post but wouldn't tell her the words she used. Allison didn't think to put in a Subject Access Request or check her own timeline but fortunately the Guardian have done it for her.
Saturday, 9 November 2024
Lest we forget...
From Soup to Nuts
Perhaps this best exemplifies the disconnect between US voters and the US Judiciary over Trump's many legal cases. Brian condemns a Trump henchman for threatening Ms James but doesn't seem to realise that she's actually in charge of the civil business fraud litigation for inflating real estate assets.
Neither does anyone else caught up in the ensuing argument seem to realise that Trump's New York felony convictions actually come from a different New York case - the falsified business records hush money case brought by Alvin Bragg...
Somehow it all seems to turn into noise... what the cases were actually about, who started them and what they mean or meant is lost is a circus of shouting and noise. Noise noise noise... not only does the truth not seem to matter, the facts seem to be muddled into a sort of soup...
James is responsible for the civil lawsuit for business fraud and is after Trump's money. Alvin Bragg is responsible for the hush money case. Please don't get muddled up everyone... https://t.co/n4D2dd2q9H
— Zhu Zhanji - parody - the Xuande Emperor died 1435 (@Zhu_Zhanji) November 9, 2024
Friday, 8 November 2024
There's no law for the rich...
Will Juan commit career suicide and create a constitutional crisis by sentencing Donald to prison or will Juan not commit career suicide and create a constitutional crisis by not sentencing Donald to prison?
I pootled over to the Daily Mail whose comments threads and bombarded with nonsense from the Magaverse... much of it trying to conflate Trump's civil New York fraud conviction for inflating his assets with his criminal trial and conviction for paying off Stormy Daniels via Michael Cohen using falsified business records to conceal his actions... and there was much vitriol and comments along the lines of the Judge would be stupid to actually sentence Donald. But the Judge wouldn't be stupid. He would be impartial.
Donald has made a mockery of the legal system but a number of loose ends remain to be tied. Will Jack Smith resign or will Donald sack him? What about Donald's co-conspirators who at the moment are not indicted? Will they be immune from prosecution? Will Trump prevent their prosecutions by interfering in the Department of Justice or will he, alternatively, allow them to go ahead and then pardon them at the end? How many people can you plausibly pardon before it becomes a scandal? Is there such a thing as a scandal anymore? Richard Nixon must feel a right prune resigning over Watergate now which seems like very small beer indeed next to Donald's scandals.
Here we have the sight of Kemi&Co sucking up to the Don whilst David Lammy appears to pour oil on troubled waters which catches alight by trying to pretend the things he said about Donald don't matter and aren't true. We look forward to NATO being dissolved and Europe being hammered with trade tariffs which will also hurt the US ...
Oh well, Western Democracy. It was good whilst it lasted ... but it looks like we need WWIII.
I'm off to drink some hemlock ...
Friday, 1 November 2024
Stellantis&You Mugs
I took in my car the other day and Stellantis & You as they laughably call themselves these days found a numberplate lamp bulb dead and proceeded to quote me £44 to change it. Here's the replacement bulb (cost £3 for two) which it took me 3 minutes to change ...
Still times is hard down Stellantis & You with Peugeot & Vauxhall having different ends of the showroom. I went down the Peugeot end to wait for my tyres to be changed because their seats were comfier. I wonder how they upsell you which of their brands when their cars and engines are effectively identical to the point of sharing the same showroom... Are there invisible lines on the shop floor that salesmen are not allowed to walk over? I believe new car sales have fallen off a cliff recently...
I don't mind using the local dealer for some jobs that are better done with a hydrologic lift or need removing the side the car for but come on...
You're 'avin' a larf, mate
Tuesday, 22 October 2024
Nothing to Declare
I was watching "Nothing To Declare" the other day and apparently the Australians have very strict border security on stuff like food and old relics to stop parasites dangerous to their environment getting into their country and damaging their ecosystem. Inevitably however some harmful parasites do get through these rigorous controls...
Friday, 18 October 2024
Budget
Lightbulbs
Holidays
Cheese
Electric Blankets
Gift Aid
Band aids
Hearing aids
Herrings (Red)
Walking aids
AIDS treatments
Stuffed toys
Furniture
Fishing Rods
Hydrogen
Helium
National Insurance
Frogs
Boats
Lighthouses
Shellfish
The Homeless
Dogs
Cats
Rabbits
The NHS
Pensions
VAT
Inheritance Tax
Make up your own list...
Saturday, 12 October 2024
Visit Balmoral Urinals
My flexible friend is feeling a bit flat
I was saddened to discover today that my new credit card is completely flat and therefore no longer compatible with a manual card imprinter. It had always been a source of comfort to me that should the electric fail the man or woman in the restaurant or petrol station could whip out their zip zap machine and save me from terminal embarrassment as all my cards electronically failing is a nightmare that I am never free from. I also liked the idea of someone somewhere without electricity still relying on mechanical technology... And I always liked the sound they made ... Another link with the past dissolved.
Saturday, 5 October 2024
Amazon Fire Stick is doing important security things so don't press any buttons that might turn your TV on...
Once upon a time I purchased an HG Smart TV but despite the artificial intelligence revolution and its claims be Mensa level clever it doesn't seem to have learned anything since I installed it.
Thursday, 3 October 2024
Does Rudi have some shame...?
Wednesday, 2 October 2024
If anyone's thinking of exploiting this situation my advice is...
Tuesday, 1 October 2024
Friend Requests
I would remind you all that if you want to be my Facebook friend you are up against some pretty stiff competition including senior programming managers at Facebook who never talk about code and young ladies who cordially invite me to visit third party websites to show me photographs of themselves.
Tuesday, 24 September 2024
The world's smallest violin plays on...
Firstly, they argue that the Institute of Fiscal Studies report is wrong because it underestimates the number of children who will leave for the state sector. By my back of the fag packet calculations about 40 per cent would have to leave for HMRC to lose money. Then they argue that the cash raised will be minimal – but a profit is still a profit.
However, according to these Tories all these people who spend all their hard earned money on improving their children’s education are somehow going to become complete misers if they have to take their children out of private education and will not spend the money on any other commodity – squirreling it all away in private pensions and high interest Cash Isas…
As the IFS observes: “The share of pupils across the UK in private schools has remained around 6–7% for at least the last 20 years (or about 560,000–570,000 pupils in England). This has occurred despite a 20% real-terms increase in average private school fees since 2010 and a 55% rise since 2003”
I’m sure we all remember the 2005 Fees Fixing Scandal (see here)
But, the wingers opine, what about the effect of people who are “only working to pay school fees” stopping working because they don’t need to. One would suspect that those at the top of Maslow’s hierarchy of needs would have other motivations for working than just paying school fees or indeed just spending…Another whopper that’s wheeled out is that not all private school parents are rich and that many are in fact working two or three jobs in order to pay the fees. To send one child at the headline average price would cost £18000 (see here)
In order to pay this on the National Living Wage of 11.44 you would have to work 1573 hours a year or 30 hours a week and that would leave no money to live on. Therefore you would have to work another 37 hours a week to make your normal living expenses. A single working parent with one child at public school would have to work a 67 hour week… and for two children 97 hours a week. Psychologists and Doctors recon that we psychologically and physically deteriorate if we regularly exceed 50 hours a week. As one progresses to a 70 hour week the chances of strokes and heart disease become high. If such individuals do exist it’s likely that taking their children out of public school would be good for their health… etc
The next argument advanced was all the children with SEND needs in public school. I was thrown out of public school at 16 for being dyslexic and dragging all the exam results down but it seems these days public school is where all the SEND kids hang. Apparently they cost the state lots of money these days as things have moved on from being told you’re “Remedial” and made to play with plasticine. There’s some quite decent wonga state schools can claim for having SEND children but that doesn’t mean they ALL claim it ALL. Many SEND people are just mildly affected like myself… There may be something in this argument but it’s still most likely HMRC will turn a profit.
Another odious argument is that parents of private school children shouldn’t have to pay VAT because “they’ve already paid twice”. This is a lie. I have no children at all – where’s my tax rebate for not using the service? Actually payment for state school provision is spread throughout the entire taxpaying population using simple Income Tax collection mechanisms. Therefore if you’re Boris Johnson with 9 or more children or Anthony with 0 you pay the same tax percentages banded by earning power…? As the single person who has been in the 40 per cent tax band if anyone’s going to be put out by this it should be me…
Then there’s the question of VAT on school services. Now I remember that when my mum was a teacher the private schools could buy equipment tax free. But, the defenders of public schools told me, when public schools buy things it’s just like when I buy things after going into Sainsbury's. But it isn’t – that’s a business to customer transaction. VAT has to be charged. If I was in charge of buying Eton’s food or pencils I’d be darn stupid to be buying them from Sainsbury’s or W H Smith … I’d buy them from a wholesaler and then it’d be a Business to Business transaction. There are different rules depending on whether you’re supplying services to consumers B2C or business B2B and they are complex……now I’m not saying public schools are actively avoiding VAT at the moment but it isn’t clear what they do or don’t pay particularly given the different statuses of different institutions? … some being for profit businesses and others declaring themselves charities… knock yourself out…
According to VAT expert Steve Chamberlain (the kind of man who makes you realise why tax returns have to be so painfully complex) "Other “closely related” goods and services other than boarding (i.e. goods and services that are provided by a private school for the direct use of their pupils and that are necessary for delivering the education to their pupils) will remain exempt from VAT. The note gives examples of school meals, transport, and books and stationery."
Paying VAT is the least one could expect public schools could do given the charitable status many enjoy… These schools will of course pass all the increased expenses onto parents directly despite that fact that, for example, Eton has a reserve fund of £542million according to that loony left publication The Telegraph. Clearly they’ve got the raising money part of being a charity right …just not so good on the giving it away part.
Even the Whitgift Foundation has reserves running to £197 million… I believe
I could go on but you get the idea…
Friday, 20 September 2024
Sharpener...
Tuesday, 17 September 2024
The Black Hole
Saturday, 14 September 2024
Protesting Farmers garner Marie Antoinette levels of sympathy...
Got to admire farmers in their optimism ....coming to the centre of a town where everyone pays Inheritance Tax at 40% on any property over £...
Least ignored nonsense this month...
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Apparently Essex Police turned up at the door of Allison Pearson on Remembrance Sunday to say someone had reported her for posting something...
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This week I have mostly been enjoying the people on twitter arguing about how VAT on school fees is wrong or immoral. The arguments advance...
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For a laugh I regularly change my Facebook profile photo to someone inappropriate. No one's ever complained about this despite it proba...
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As the Today Program has given up racing tips..here are my "which MP will lose their seat" tips. Because why should MPs make all ...
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Got to admire farmers in their optimism ....coming to the centre of a town where everyone pays Inheritance Tax at 40% on any property over £...
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I don't know if it's Brexit related but there wasn't much ham in Sainsburys yesterday. Not much humous either. Have the shorta...
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So all the poo and smell of poo has gone now and all 12 flats are sewer gas free so Thames Water have politely responded to our previ...
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As it is heading into spring I have started to finish traversing Ava Alexis’s Christmas presents and have just watched the whole of John Sul...
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Perhaps this best exemplifies the disconnect between US voters and the US Judiciary over Trump's many legal cases. Brian condemns a Tru...