Budget 2024

[BobKowalski]

The increase in NI is obviously based on what’s going on now, what happens to all that when people start getting laid off as businesses possibly cut back.

No business wants to harm its productivity or lose customers because it doesn’t have the employee numbers to service its customer base. You get these arguments every time tax rates are hiked.

Businesses value a stable economy and certainty more than a point or two on the tax rate. Last few years with Johnson, Truss and Brexit have torched a lot of that stability and certainty. Labour needs to provide that stability and certainty as much as anything else.

 

[BobKowalski]

Nice to conclude on some common ground, have a good day Bob!

And you. Enjoyable debate.

 

[inbetween]

He is a man who owns a farm, who works on a farm regularly, who makes money from his farm while producing goods and/or materials. He is by any and all useful definitions of the word, a farmer.

The National Farmers Union also called it "a disaster". Maybe they're also uneducated people following whispers when they'll unaffected. They should have asked you first.

It's a great programme but let's face it though Clarkson bought that farm over 15 years ago and previously employed a farmer to run it. Why would he do that if he really just wanted to become a farmer himself?

The whole farmer thing was an opportunity that presented itself because he had a farm and he had a TV company eating out of his hands plus the whole grand tour format was sort of running its course.

I'd love to know how much he earnt from that series because he clearly earnt nothing from running the actual farm. The farm shop bounced out of that, he can't of been that stupid to not think that generating a decent income from it wouldn't take nothing more than a simple tweet...

I imagine buying the farm in the first place was a financial decision lended to him let's say, and now he's put it to further use.

 

[Damocles]

It's a great programme but let's face it though Clarkson bought that farm over 15 years ago and previously employed a farmer to run it. Why would he do that if he really just wanted to become a farmer himself?

The whole farmer thing was an opportunity that presented itself because he had a farm and he had a TV company eating out of his hands plus the whole grand tour format was sort of running its course.

I'd love to know how much he earnt from that series because he clearly earnt nothing from running the actual farm.

None of this is relevant. What's relevant is that he IS a farmer, whether people want to dismiss that or not. People can sit around discussing about why he is this or that and it's a pointless debate because the entire crux is that he's not an illegitimate farmer. He's entitled to his opinion which also seems to be shared by the major bodies in the industry. It was a daft point.

 

[inbetween]

None of this is relevant. What's relevant is that he IS a farmer, whether people want to dismiss that or not. People can sit around discussing about why he is this or that and it's a pointless debate because the entire crux is that he's not an illegitimate farmer. He's entitled to his opinion which also seems to be shared by the major bodies in the industry. It was a daft point.

Yes he is now but in the context of why he originally bought the farm I really don't believe that it's because he wanted to be a farmer. It'll be because he was advised to do so to tie up his money given agricultural land received IHT relief.

It's simple, buy a farm and employ a farmer to run it, job done. If you die then the IHT levied is probably less than sitting in a property of equivalent value. He was making Top Gear when he first bought it and he didn't run it or even live on it at that time so it was clearly just an asset to him and that's it.

He isn't an illegitimate farmer at all but I seriously doubt that he intended to become one, it's just a television opportunity presented itself and later came the farmshop. I have nothing against him but this is what people do to tie up their money 'safely' and I suppose that makes it a legitimate target for a tax raid. You just have to ask if there was no financial advantage to buying a farm then would he have bought it? Probably not.

 

[blueparrot]

Yes he is now but in the context of why he originally bought the farm I really don't believe that it's because he wanted to be a farmer. It'll be because he was advised to do so to tie up his money given agricultural land received IHT relief.

It's simple, buy a farm and employ a farmer to run it, job done. If you die then the IHT levied is probably less than sitting in a property of equivalent value. He was making Top Gear when he first bought it and he didn't run it or even live on it at that time so it was clearly just an asset to him and that's it.

He isn't an illegitimate farmer at all but I seriously doubt that he intended to become one, it's just a television opportunity presented itself and later came the farmshop. I have nothing against him but this is what people do to tie up their money 'safely' and I suppose that makes it a legitimate target for a tax raid. You just have to ask if there was no financial advantage to buying a farm then would he have bought it? Probably not.

To be fair to him he is trying to run the farm as a legitimate money making business,showing how difficult it is, and he points out several times in the programme first he is learning the industry from others and that he is fortunate to have other incomes so not reliant on the farm, emphasising how hard it is for those that only have farming.
I'd also say his celebrity has held him back from diversifying,with plannig being refused over fear of crowds.

 

[cpa]

Isnt the rise in employers N.I just a stealth tax.
You would have to be naive to think Businesses will absorb the cost ,they will pass these on to the public so we all end up paying more anyway.

 

[BlueAnorak]

It's always seem odd to me that businesses do function like this.

Can't afford to pay the NI increase so we'll make employees pay for it by reducing their pay. However, yes we expect employees to continue to work to ensure our business continues to function and makes profit.

Is the economy really this fragile? It's sad really that most medium to large companies are reduced to nothing more nowdays than an excel spreadsheet.

Serriously?
Bottom line business costs are mostly employee costs. This budget increases employee costs.

 

[bluethrunthru]

hung out to dry ???????? entitled cunts.

 

[kaz7]

I was referring to the voucher scheme

They are still going to attack the sick and disabled and have set number of savings so it wont be if you need it and need to be left alone , it will be have they hit the targets they are given. ATOS part two