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  1. beorhthelm

    [Finance] The cryptocurrency (Bitcoin etc) thread

    was he refering to dollars or crypto there?
  2. beorhthelm

    [News] Farmers

    as far as i can tell it's the same. there's some minor detail different between agricultre and business relief but broadly the same. the issue seems to be farmers encounter the IHT rule more because they farm well past retirement until they drop. possibly to avoid capital gains during their...
  3. beorhthelm

    [News] Farmers

    think it's been pointed out couple of times, now read elsewhere, the "gift the farm" or put it in a Ltd company incurs captial gains tax and difficult/not practical with loans and mortgages involved. at least ees more complicated than we're appreciating.
  4. beorhthelm

    [Humour] WWIV

    there's a fan theory that the Flintstones is actually set in the future, so this would make a lot of sense.
  5. beorhthelm

    [Technology] If you could afford it would your next car be an EV?

    that's for a clothing brand right?
  6. beorhthelm

    [Politics] WWIII

    no. though it's odd a couple weeks ago they wouldn't commit to budget changes, pending defence spending review, now announce some cuts without the same condition.
  7. beorhthelm

    [News] Farmers

    how do you "roll over" capital gains? asking... well, for me.
  8. beorhthelm

    [Finance] The cryptocurrency (Bitcoin etc) thread

    memecoins are doing very well.
  9. beorhthelm

    [News] Farmers

    there's the root of the issue, farm land isn't taken out of production when the rich buy it. whether it's owned by Kaleb or Clarkson, it's still farmed. there's presumably no way to formally tell if land purchase was intended to be tax avoidance, some investment, a desire to get to with...
  10. beorhthelm

    [News] Farmers

    that's a mix of fibs (rise not that much) and land being seen as investment beating interest rates return or inflation.
  11. beorhthelm

    [News] Farmers

    as i read it business relief is essentially the same rules as agriculture relief, companies and farms are treated the same for IHT. which begs the question why are small business owners not up in arms about these changes. do they simply use the 7 year rule and not work till they drop? seem...
  12. beorhthelm

    [News] Farmers

    something i've pondered, i suppose there's mistrust of family (though then why so bothered!) or they die with little warning without making plans. likewise making a holding company must have some disadvantage or it's an obvious better setup, especially with all the plant involved. train of...
  13. beorhthelm

    [News] Farmers

    in some cases, maybe. if you applied similar to the authors suggested level you'd end up at £6m or something higher. in either case, seems inflating potential relief from £1m to £3m is just to avoid the principle.
  14. beorhthelm

    [News] Farmers

    it's set to £1m not £3m. look at the preceding line suggesting a basis around 300 acres at 10k. the threshold will take in 100 acre or lower with substantial buildings value. people in favour like to double up spouse sharing allowance and lump in some other factors to inflate to a higher...
  15. beorhthelm

    [Finance] The cryptocurrency (Bitcoin etc) thread

    yes, the 2008 crash was caused by leveraged debt, and banks not knowing who had what debt so stopped lending. crypto does actually solve that, by giving an immutable, public ledger of ownership, though not being used in such a manner yet. if a bank invests $1bn into GOAT this week, when it...
  16. beorhthelm

    [Finance] The cryptocurrency (Bitcoin etc) thread

    it's already primed for mainstream, Trump is on the coattails. irony is many people involved do understand the finance far more than the tech, a lot of which is vapourware. next market crash will be triggered by the collapse of the AI bubble.
  17. beorhthelm

    [News] Farmers

    business and farms are often asset rich with low cashflow and little cash on hand. if the state want to tax the assets they have to be sold to raise funds to pay. you break up the farm or business to pay taxes. secondary effect when family farm gets broken up the knowledgeable farmers leave...
  18. beorhthelm

    [News] Farmers

    on the one hand the farmers may be over playing it. on the other hand it's a crass policy to deal with one problem, that has consequences for thousands of farmers, and the original issue should have been dealt with better directly. and it is thousands, government casually dismissing 500 farms a...
  19. beorhthelm

    [Politics] The 2024 US Election - *MATCH DAY*

    he refers to Congress, or specifically Republicans in Congress. they'd have to change the constitution. they don't particularly like him so pretty certain they won't try, and if they did wouldn't have the support to change.
  20. beorhthelm

    [Finance] October's Pay

    NI change will come in April 2025. most likely some tidy up, error correction or change from pension contributions, taxible benefits etc. either way your employer will know, just have to push them to explain.

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