Podcasts about Inheritance tax

We've managed to cobble together another themed Q&A episode, this week dealing with questions around Inheritance Tax, Trusts and Care planning. Lots for Roger and Pete to get stuck into! Shownotes: https://meaningfulmoney.tv/QA18  00:48  Question 1 Hi Pete, Hi Rog, Thanks for your ongoing work on the Podcast, I've been listening for many years and have learned a great deal from you both. Keep up the good work! My question is in relation to trusts. My parents, both aged 70, have recently got round to updating their wills, putting POA in place for finance and health and have been in discussion with a solicitor about putting a trust in place, primarily to safeguard their assets from being used up in the event of them having to go into care in later life. At present I believe their estate to be approximately £600,000 including their house which I would imagine is worth approximately £250,000. The rest is made up of savings. I don't believe their estate would be subject to inheritance tax so I don't believe this is the reason for setting up a trust. I have listened back to your previous episodes on trusts but I was wondering, firstly whether much has changed since these podcasts in relation to the general setting up and management of a trust? Secondly I wondered if you could explain the negatives to my parents putting the majority of their assets into trust, namely are there any ongoing fees, can my parents take assets out of the trust should they need to and what are the tax implications for the beneficiaries when my parents pass away? Would any of these things change in the period where only one of them has passed away? I appreciate this is a huge topic and you may not be able to address all of these queries but it appears they have been advised of the positive parts of this process but I would like to ensure we are aware of the potential pitfalls. Thanks once again! Jon 11:10  Question 2 Hi Pete and Roger, Still loving the show and I'm enjoying the current variation in format - keep up the fantastic work! My question relates to estate planning: My wife and I own our home (mortgage free) 50/50 as tenants in common. We have up-to-date wills, LPAs, expressions of wishes and "Dead Files" set up. Each half of the house will be left to our daughter as and when, with the appropriate "right to reside" wording in place for the remaining partner. We are both in our late fifties, so hopefully not needed for many years yet. The IHT side is fine as it's just numbers - allowances and values etc. What I can't quite get my head around is any potential CGT liability for our daughter following the second death. Not so much for the financial impact, as she is already comfortable in her own right (with my and - via the podcast - your encouragement over the years) and will inherit further monies when we pass, but more from a planning perspective. I have looked online and disappeared down several rabbit holes, but from what I can gather although she inherits half the house on the first death, essentially because the surviving partner continues to live in it and therefore any actual money can't be realised, CGT is only calculated from the date of the second death (assuming she sells the house at that point). Is this correct, or will her CGT liability on half of the value start on the first death and be based on (half of) the house valuation at that time, as obtained for that probate? Maybe I'm taking the planning a little too far, but I like to be prepared. These circumstances will be more and more relevant to families over time, I'm sure. Your usual wisdom and common-sense views would be very much appreciated (even if the answer is "...it depends!"). Thank you again for the information and humour the two of you provide each week - long may you continue! Best wishes, Glen 16:11  Question 3 Hi guys Thank you both for a great podcast, big shout-out to Rog because he gets missed off sometimes in these testimonials – genuinely wish I had found this podcast years ago. Have made so many past mistakes but now correcting them one by one! I have a question about care costs which I hope you could answer. My mum is suffering from late stage dementia and my dad who is her 24/7 carer is struggling to cope (they are both 80yo). I have PoA for my mum and am trying to involve myself more in her care plan going forwards. Care (in the home initially) is going to be required and I was wondering how this is paid for. My parents worked hard and have reasonably large savings and investments in both their individual names and in joint names and the extent of these means they would have to pay for care. What we are not clear on is whether money or investments in my mum's name would ONLY be used to pay for her care or whether jointly held money or investments would be used or whether anything in my father's name would also be used to pay for care? I've tried to find the answer to this online but cannot find a clear answer so remain confused! Also are there things that we should be doing to manage this better – end of life planning, trusts etc etc? My dad worked incredibly hard to provide something to his grandchildren and he is actively putting off getting help and harming himself for fear that he won't be able to pass something down to his grandchildren – this is incredibly sad and feels cruel. Any advice that you could give would be much appreciated. Keep up the great work David R 23:30  Question 4 Hello Pete & Roger, Firstly I want to say thank you so much for all the work you do to teach all us mere mortals how to navigate the world of personal finance. I have a question: Everyone talks about merging finances with a partner and then having children. I am in my mid 40s and my children are early 20s. I have a partner and I hope to move in with him one day (he has no children) I might move in with one of mine. How do I protect what I currently have and ensure that goes to my boys? He has considerably more than I do and I don't expect him to support or pass anything on to my boys. I understand I don't want to do a mirror will but would I do a “prenup”? We aren't getting married. Is there a cut off point “moving in day” where everything after that is split 50/50 with the new partners? Or am I over thinking this? I have been through one divorce and don't want to again but I do want to protect what is mine for the sake of my boys. Any advice would be very welcome. Thank you and keep up the AMAZING work. Kind regards, Carla. 28:56  Question 5 Hi Pete, Roger, Nick, Ruth and everyone else in your fantastic team. I have a few questions around a niche scenario that I can't find answers to online. I'm hoping you can point me in the right direction. My parents-in-law were convinced to transfer their home into an asset protection trust in the past before I met them (more than 10 years ago, as I think that's relevant). They were told it would help avoid having to pay care costs. They now know this was never going to be suitable for them, and are looking to mitigate the damage. I suspect the names McLures Solicitors, Jones Whyte, Andrey Robertson and Cynthia Duff might be depressingly familiar to you. The ownership of the house was changed to tenants in common, and each of them transferred their half of the house to a separate trust. So there was the Mr M trust and the Mrs M trust. The trusts were set up such that Mr M and 2 financial advisers were the trustees of the Mr M trust; Mrs M and the 2 financial advisers were the trustees of the Mrs M trust. The trust deed gave the settlors the right to add or remove trustees during their lives. When I started to look at this, I felt there were 3 stages to resolve this: 1. Change the trustees to a more sensible arrangement. 2. Update the land registry with the correct trustees. 3. Decide whether to end the trusts. I knew the first 2 steps were going to need a solicitor, who my parents-in-law found. However, the first 2 stages have now been resolved. So, they're now looking at the final stage - deciding whether to end the trusts. It's clear their current solicitor isn't going to be right for them for this part. I think the disadvantages to leaving the trusts in place are: - If either of them need care in the future, I don't think the trusts will make any difference in the local authority's means assessment. - The property is likely unmortgageable if they should need any kind of equity release in the future, for example to pay for care. - Neither trust has been registered with HMRC due to the original solicitors ceasing trading. There might therefore be a tax charge/penalty charge, and an obligation to file periodic tax returns for the trusts. Their preference is to wind up the trusts, but are there any pros to leaving them in place? And are there any cons I haven't thought of already? Knowing that "should" is a dirty word in financial advice, I'm trying to find out whether ending the trusts might have any drawbacks or tax liability. My understanding is that they each transferred their share of the property to the trust when the house was valued at £X. If the trusts are ended, they'll receive the property back at a value of £Y. My questions are: - Is there any tax liability, based on the difference in property value between £X and £Y? - Could they be entitled to any tax reliefs based on their circumstances? - Are there any other drawbacks you can think of that we might not have considered? I know you can only give general information and guidance, but I couldn't work out an answer to this myself. I couldn't even work out which type of professional they should speak to - a solicitor, accountant or financial adviser. I'd be really grateful if you could point us in the direction to get some personalised help. Many thanks, Mathew 33:55  Question 6 Hi Pete, Roger, As a long-time listener and viewer of your channel, I appreciate your insights on keeping costs low, investing in global funds, ensuring tax efficiency, and the benefits of long-term investing. My wife and I have recently become a grand-aunt and grand-uncle. Rather than giving the usual presents, we'd like to do something more practical by investing regularly (£100/month) for our grandniece—after all, there's no better time to start long-term investing than from birth. Likewise, we're comfortable investing 100% in equities, given the long time horizon. On the surface, I suspect you'd recommend a Junior SIPP or a Junior ISA. However, the challenge is that she (and her parents) are French citizens, living in France and paying taxes there. While I appreciate that you focus on UK matters, are you able to provide any pointers on how we could invest in a low-cost global fund for her under these circumstances? Many thanks for your time and any guidance you can offer. John

Joe is joined by James Sexton, who is campaigning for a change to be made to the current Inheritance Tax rules in Ireland Hosted on Acast. See acast.com/privacy for more information.

James Sexton, a retired teacher, and his wife Sheila are campaigning to change Ireland's inheritance tax laws. After making their wills, they realized childless people face much harsher tax rules compared to parents. In this episode, James shares their story and why they believe it's time for a fairer system that treats everyone equally.

In this interview, Kevin Whelan and Manish Kataria delve into the intricacies of SSAS pension, exploring how it can serve as a powerful financial tool for business owners. They discuss the importance of taking action in financial planning, the benefits of collaboration in wealth building, and the implications of inheritance tax on financial strategies. The conversation emphasises the need for financial education and the potential of SSAS pensions to create wealth now, rather than just serving as a retirement fund. In this episode, Kevin speaks about the importance of recurring income, effective financial planning, and the significance of protecting wealth through wills and insurance.  Key Takeaways:Momentum is Better than Meditation: Don't wait for the perfect time—take small actions now to build confidence and results.Nobody Will Ever Care About Your Money More Than You: Taking personal responsibility is at the heart of successful wealth-building.SSAS Pensions Offer Unique Control and Flexibility: Ideal for business owners looking to invest in property, business, or even lend to their own company.Keep It Simple: Simplicity in your finances and investment strategy often leads to better results than chasing complexity.Plan for Both Wealth Creation and Protection: Wills, powers of attorney, and insurance are essential tools for safeguarding your family's future.Focus on Recurring Income: Building assets that pay you every month is the key to long-term financial independence. Resources Mentioned In This Episode:Manish Kataria (LinkedIn)Government Pension Tracing Service (for lost pensions)Connect with WealthBuildersListen on Spotify, Apple Podcasts, YouTube, and all major platforms.For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!Next Steps On Your WealthBuilding Journey: Join the WealthBuilders Facebook CommunitySchedule a 1:1 call with one of our teamBecome a member of WealthBuildersIf you have been enjoying listening to WealthTalk - Please Leave Us A Review!If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform.

In today's episode, I have a chat with Olivia Lowe. Olivia is an independent financial adviser, with a twist. She not only is female, but is only 27 years old- making her choice of profession stand out. She dedicates a lot of her time speaking to children, inspiring them to be financial advisors themselves- whilst at the same time creating conversation about personal finance.If you have any thoughts or questions about today's episode, feel free to send a DM @frugal_spender on Instagram, or an email to brian@frugalspender.co.uk Hosted on Acast. See acast.com/privacy for more information.

The first member of Donald Trump's cabinet to visit the UK is Brooke Rollins, his Agriculture Secretary. Secretary Rollins told journalists the 'historic' trade deal would create billions of dollars in opportunity for U.S. export markets and more choice for British consumers. She also described their notorious 'chlorinated chicken' as a myth. Is it? We look for some clarity. MPs have written to the Government calling for a year's delay to the inheritance tax changes on farms. It's agricultural show season. This week we visit the Balmoral Show in Northern Ireland.Presented by Caz Graham and produced by Beatrice Fenton.

In this episode, MPs say the government should delay plans to impose inheritance tax on farmers – and revise its controversial policy.Defra announces a partial reopening of the Sustainable Farming Incentive for growers and livestock producers in England.US agriculture secretary Brooke Rollins tells Farmers Weekly that poultry and pork are "on the table" to be next for a trade deal between the USA and the UK.And Hugh attends a Defra food strategy meeting.This episode of the Farmers Weekly Podcast is co-hosted by Johann Tasker, Louise Impey and Hugh Broom.Contact or follow Johann (X): @johanntaskerContact or follow Louise (X): @louisearableContact or follow (X): @sondesplacefarmFor Farmers Weekly, visit fwi.co.uk or follow @farmersweeklyTo contact the Farmers Weekly Podcast, email podcast@fwi.co.uk. In the UK, you can also text the word FARM followed by your message to 88 44 0.

Backlash brewing from some TDs on inheritance tax for childless couples. Taoiseach is in Tirana for the European Political Community on Friday – the political version of Eurovision. Newstalk's political correspondent Sean Defoe joins us to discuss calls to reform the current inheritance tax and more.

'The farm was my husband's pride and joy, there was never a moment we thought we might pull the plug' - Roberta Armstrong said despite the pressure of new inheritance tax laws, she never considered selling the farm after her husband's death Hosted on Acast. See acast.com/privacy for more information.

US/UK TAX PLANNING with ALEX JONES, Partner at London Tax Firm, RAWLINSON-HUNTER https://youtu.be/UjgQRpfqJ-E Thousands of Americans live and work in the UK and record numbers of them are applying for British citizenship. Planning for taxes for these folks has always been challenging, but in 2024, with the change in the non-DOM rules, it's gotten even more difficult. To help us understand what's happening here and to try to identify some of these issues is ALEX JONES. He's a partner at Rawlinson Hunter, the British tax firm. Enjoy. Outline 00:00 Understanding UK Tax Law Changes for US Citizens07:00 Navigating Residency and Tax Implications11:49 Planning for Inheritance Tax and Trusts19:51 Pre-Immigration Tax Planning Strategies30:03 Managing Double Taxation and Tax Credits https://open.spotify.com/episode/4Hmqaalhjk3NklfMCWNd4X?si=8e45eac2d2f247cc Transcript of US/UK Tax Planning Frazer Rice (00:04) Well, we have certainly had a lot of news with British tax law changing. And for those of us here in America who may or may not be part of getting to Europe in a major way and in the UK in a more permanent way, maybe give us a little overview of ⁓ A, what happened, but more specifically, how the UK thinks of US citizens, which can take different forms. Alex Jones (00:31) Let's start with the back end of that question, how we regard Americans. So from a tax point of view, clearly what we're really saying is how do we regard Americans who are exposed to UK taxes? And typically that means Americans who are here. Like most countries in the world, the UK will tax people on UK sources of income. If somebody has a trade or business operating in the United Kingdom, we're going to try and tax it whether they are here or not. But if the US individuals physically in the United Kingdom, then the UK is going to try and tax them in a number of different ways, which I'll talk about in a second. The pause is really just to emphasize the fact that they're American. So a US citizen or US green card holder is going to be US worldwide taxable, whether they live in America or not. So America is going to look at everything everywhere in an American way in dollars in a calendar year. And at exactly the same moment in time, albeit in the UK we have a different tax year end. Our year end is a rather crazy 5th of April year end. Exactly the same amount of time the UK is going to look at exactly that same person and say, hey, what are we going to tax? And so you're starting with the premise that both countries are fighting over who gets the tax first. And the first thing you have to do is look at the two sets of domestic legislation to see how to start, where the problems are, and then you start looking beyond that. In principle, the UK is going to tax people who are resident in the UK on worldwide income. So anything everywhere under UK rules, UK fiscal year, in sterling, et cetera, et cetera. And somebody who's not resident in the UK on UK-CITUS connected income only. However, the UK has long had a regime which has been known as the domicile regime or the remittance basis regime, which has been pretty well known internationally where we said, Look, if you don't originate from here, if you're a foreigner coming in for a period of time, could be indefinite, could be reasonably long, but not permanently, then we won't necessarily tax all things which are non-UK. We would tax things that you brought into the UK, remitted, but we wouldn't necessarily tax non-UK things that you didn't otherwise bring or use or benefit from in the United Kingdom. So the thing that changed in the budget that was announced at the end of October 2024 that largely came into force on the 6th of April 2025 is that we said, hey, this domicile regime, this remittance basis regime is kind of too beneficial to wealthy individuals. You have neighbors who are paying differential amounts of tax just because one person's kind of fore...

Balancing the Nebraska Budget ** Legislation Update ** LIBA Events ** DEEP DIVE: Chipping Away at the Inheritance Tax

In this episode, one in three farmers fear their children will sink the farm business when it's handed on to the next generation.Why farming families are walking a tightrope between succession and inheritance tax.Dairy producers are forced to dump thousands of litres of milk after a breakdown at a key processing plant in Lancashire.We've all the latest commodity prices.And we find out why climate-friendly farmers are turned off by the quest for net zero.This episode of the Farmers Weekly Podcast is co-hosted by Johann Tasker, Louise Impey and Hugh Broom.Contact or follow Johann (X): @johanntaskerContact or follow Louise (X): @louisearableContact or follow (X): @sondesplacefarmFor Farmers Weekly, visit fwi.co.uk or follow @farmersweeklyTo contact the Farmers Weekly Podcast, email podcast@fwi.co.uk. In the UK, you can also text the word FARM followed by your message to 88 44 0.

Philippe May says the proposal will “fail colossally”. Yamin Fouzi warns that the mere hint of such a policy damages the Swiss reputation.View the full article here.Subscribe to the IMI Daily newsletter here.

In this episode, I'm joined by fellow finance professional Scott Foley to discuss the viral debate between Daniel Priestley and Gary Stevenson on The Diary of a CEO.With wealth inequality at the forefront of global discourse, is a wealth tax really practical? We unpack and explain their clashing views on economic freedom, taxation, and government policy.We explore the most controversial solutions to narrowing the wealth gap and discuss some bold ideas such as a 100% inheritance tax, a land value tax, and taxing unrealised gains,We also look at the impact of AI, globalisation, and property prices on the economic landscape—and what it all means for the future of wealth creation and distribution.00:03 Debate Breakdown: Daniel Priestley vs. Gary Stevenson01:39 Key Points of Agreement and Disagreement04:05 Economic Freedom and Entrepreneurship04:29 Wealth Inequality and Taxation11:00 Global Economic Policies and Their Impact17:05 Profit Shifting and Consumption Tax32:07 Inheritance Tax and Wealth Distribution35:46 Unlocking Unrealised Gains36:34 100% Inheritance Tax and Its Implications38:39 Property Prices and Housing Crisis42:30 Why Gary is Wrong about the History of Property Ownership44:05 The Truth About the UK Under High Taxation49:41 Land Value Tax as a Solution01:00:58 Quantitative Easing and Inequality Hosted on Acast. See acast.com/privacy for more information.

Get your free verifiable CPD for this episode here >>>  https://www.dentistswhoinvest.com/videos/effective-inheritance-tax-planning-with-luke-hurley-and-anick-sharma———————————————————————Inheritance tax is often called “the optional tax”—because with the right planning, dental professionals can significantly reduce its impact and protect family wealth. Financial experts Luke Hurley and Anik Sharma break down the key strategies to help you safeguard your estate.Every UK taxpayer has a £325,000 nil rate band, transferable between spouses, plus a £175,000 residence nil rate band for direct descendants. But beyond these limits, a 40% tax can erode your hard-earned wealth. This episode explores practical tax-saving strategies, including the often-overlooked gifting from normal expenditure out of income—a powerful tool for high-earning dentists.Our experts also tackle common pitfalls, such as poor investment choices promising tax relief, international tax complications, and key business relief rules affecting dental practice sales. Their philosophy? Smart planning should balance tax efficiency with enjoying your wealth—after all, as Anik says, “When they die, I want to see the cheque to the undertaker bounce.”Want to secure your family's financial future? Listen now—and UK dentists can earn free verifiable CPD by completing the questionnaire in the episode description!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Today David Wright interviews Alejandro Salvador from Salvador tax and legal who is also the Honorary British consulate for Almeria Contact one of our top experts here https://tinyurl.com/experthelphere Need some advice ? Your questions answered fast here https://form.jotform.com/davidinalmer...Expats discounts page. health cover car insurance and electric bills get money off all these and more see how here..Top expert help page and much more see here https://www.davidwrightonline.com NEW Private members group. packed with benefits from spanish lessons to discounts on all the services we need when moving to spain, see here / livingandworkinginspain Davids 23 years experience living and working in Spain.tv appearances BBC TV news interviews and now 2 New LIVE radio shows every Thursday and Friday on Almeria Radio SUBSCRIBE TO MY CHANNEL Click link below now.    / davidwright.  . British Expats In Spain #healthcoverinspain #expatshealthcover #exptashealthinsurance finding work in spain #workinspain #jobsinspain #findingworkinspain #workinspain This license certificate documents a license to use the item listed below on a non-exclusive, commercial, worldwide and revokable basis, for one Single Use for this Registered Project. Item Title: Fashion Chill Pop Item URL: https://elements.envato.com/fashion-c... Item ID: ZF4V68T Author Username: SERGMARU Licensee: Michael White Registered Project Name: DavidWright License Date: January 15th, 2025 Item License Code: J5TN9MX8K7Become a supporter of this podcast: https://www.spreaker.com/podcast/living-in-spain-with-david-wright--4371936/support.

What is the best life policy to take out, and what can you do to manage inheritance tax? Director for Pensions and Investment at PwC Bernard Walsh joins us this morning to answer these questions.

In this episode of A Question of Law, solicitor Cora Sherlock answers listeners questions such as how to buy a house while selling another house. She also looks at current news items L'articolo A Question of Law – Cora Sherlock – inheritance tax proviene da Radio Maria.

The energy regulator Ofgem says suppliers must take urgent action to find out how widespread a problem back billing is. It's when suppliers send out new bills for electricity and gas from longer than 12 months ago, a practice that was banned in 2018. The development follows Money Box's investigation which discovered thousands of people have wrongly been receiving back bills. Paul Lewis interviews Tim Jarvis, Director General of Markets at Ofgem.And unspent pension pots will be subject to inheritance tax from 2027. This change, announced by Rachel Reeves in the Autumn Budget, means most unused pension funds will be included within the value of a person's estate for Inheritance Tax purposes from 6th April 2027. Money Box has been getting lots of emails from listeners who're now reconsidering their financial planning and are worried and upset about the new rules. The Treasury told us it continues to incentivise pensions savings for their intended purpose of funding retirement instead of them being openly used as a vehicle to transfer wealth. But how will the new rules work?Presenter: Paul Lewis Reporters: Dan Whitworth and Sarah Rogers Researcher: Eimear Devlin Editor: Jess Quayle(First broadcast 12pm Saturday 22nd February 2025)

In this episode, a growing number of 'rebel' Labour MPs are supporting farmers against the government on inheritance tax.We have an exclusive interview with Henry Tufnell, Labour MP for Mid- and South Pembrokeshire, who is calling for a government amnesty on the issue.A warm start to spring sees UK temperatures warmer than Madrid and Barcelona – and it's only the beginning of March.We find out how farmers are adapting to climate change - and get the low-down on the farmland market.The AHDB has published a special Climate Change Adaptation report.And a livestock mart in south-west England hits out at keyboard warriors after its Monday sale is cancelled.This episode of the Farmers Weekly Podcast is co-hosted by Johann Tasker, Louise Impey and Hugh Broom. Additional reporting by Phil Case.Follow Johann (X): @johanntaskerFollow Louise (X): @louisearableFollow Hugh (X): @sondesplacefarmFor Farmers Weekly, visit fwi.co.uk or follow @farmersweeklyTo contact the Farmers Weekly Podcast, email podcast@fwi.co.uk. In the UK, you can also text the word FARM followed by your message to 88 44 0.

The NFU conference on 25th February saw 700 NFU members descend on London in a change to the usual Birmingham venue. The subject that dominated was predictably inheritance tax and feelings were high in the room when Secretary of State for Defra Steve Reed gave his speech. He announced lots of additional measures but it was inheritance tax that everyone was focussed on. In this episode we review the conference with beef and sheep farmer Rebecca Morgan who is also Chair of Ludlow NFU and is on the consultancy team for agri and rural PR and marketing agency Pinstone, and Cambridgeshire arable farmer Tom Martin. Meet the Farmers is produced by RuralPod Media, the only specialist rural podcast production agency. Please note that this podcast does not constitute advice. Our podcast disclaimer can be found here. About Ben and  RuralPod MediaBen Eagle is the founder and Head of Podcasts at RuralPod Media, a specialist rural podcast production agency. He is also a freelance rural affairs and agricultural journalist. You can find out more at ruralpodmedia.co.uk or benjamineagle.co.uk If you have a business interested in getting involved with podcasting check us out at RuralPod Media. We'd love to help you spread your message. Please subscribe to the show and leave us a review wherever you are listening. Follow us on social mediaInstagram @mtf_podcastTwitter @mtf_podcastWatch us on Youtube here

In this episode, we examine Defra's latest raft of new policies to boost farm profitability.Just exactly how new are they?We scrutinise the keynote speech delivered by Defra secretary Steve Reed at the NFU's annual conference in London.We preview the Pancake Day Rally against government plans to impose 20% inheritance tax on farm assets worth more than £1 million.To register for the rally, click here.And we speak to the new group of succession planning experts who have formed the Succession Alliance to help farmers pass their farms on to the next generation.This episode of the Farmers Weekly Podcast is co-hosted by Johann Tasker, Louise Impey and Hugh Broom.Follow Johann (X): @johanntaskerFollow Louise (X): @louisearableFollow Hugh (X): @sondesplacefarmFor Farmers Weekly, visit fwi.co.uk or follow @farmersweeklyTo contact the Farmers Weekly Podcast, email podcast@fwi.co.uk. In the UK, you can also text the word FARM followed by your message to 88 44 0.

The re-introduction of inheritance tax on farm assets dominated this year's National Farmers Union Conference in London. The Union President told delegates farming is facing it's biggest crisis of confidence in his lifetime. Facing a frosty reception, the DEFRA Secretary Steve Reed announced a new Farm Profitability Unit to be set up with the department, but told farmers he couldn't give them the answers they wanted on inheritance tax.Elsewhere, the conference focused on growth in agriculture - through investment, exports and tech. We hear how the latest scientific innovations could help farmers in the future.Presented by Charlotte Smith Produced by Heather Simons

The majority of the UK's peatlands could be at risk of drying out in the next 40-50 years because of climate change - according to a new study from scientists at the Universities of Exeter, Manchester and Derby. Healthy, wet peatlands are seen as part of the solution to climate change because they soak up planet-heating carbon dioxide - UK peatlands currently store an estimated 3.2 billion tonnes of carbon. But where they dry out, they become a problem because they can then release that stored carbon back into the atmosphere.MPs have been debating calls to ban bottom trawling in some parts of the sea. Bottom trawling is a method of fishing where weighted nets are dragged along the seabed to gather things like scallops, sole and plaice. According to The Marine Conservation Society, bottom trawling is currently forbidden across 5% of the UK's MPAs, and a wider ban in ALL protected areas is something conservation charities have been calling for, for some time. But is it the right move?And farming leaders have said they left a much-anticipated meeting with the Treasury this week with their blood "boiling", claiming the Government has "shut the door" on any rethink of planned changes to inheritance tax on farms. Representatives from agricultural organisations met the Exchequer Secretary, James Murray, and Farming Minister, Daniel Zeichner, on Tuesday. It follows months of protests over plans for inherited agricultural assets worth more than a million pounds to be taxed at 20% from April next year.Presented by Charlotte Smith Produced by Heather Simons

Farming leaders have said they left a much-anticipated meeting with the Treasury with their blood "boiling", claiming the Government has "shut the door" on any rethink of planned changes to inheritance tax on farms. It follows months of protests over plans for inherited agricultural assets worth more than a million pounds to be taxed at 20% from April next year.MPs have been debating calls to ban bottom trawling in England's Marine Protected Areas. Bottom trawling is a method of fishing where weighted nets are dragged along the seabed to gather things like scallops, sole and plaice. And a working group has been set up by the Food, Farming and Countryside Commission to discuss how a Land Use Framework for Northern Ireland might be developed and implemented. We meet one of the group members to discuss how much difference it could make.Presented by Steffan Messenger Produced by Heather Simons

After a week that saw hundreds of tractors block Whitehall and a prime ministerial visit disrupted by protesting farmers, we take an in-depth look at the proposed changes around inheritance tax on farms.From April 2026, inherited agricultural assets worth more than a million pounds will be liable to inheritance tax at 20% - half the usual rate. The Government says the tax is fair and will raise much-needed public funds. Farmers argue the move could see family farms put out of business. Charlotte Smith is joined by a panel of guests: Aled Jones - President of NFU Cymru Emily Norton - farmer and founder of the rural business advisory service, Farm Foresight Dan Neidle - tax expert who runs Tax Policy AssociatesProduced by Heather Simons

In this episode, we discuss the possible outcomes after government finally agrees to talks with farm leaders on inheritance tax.Have things gone too far? Were farming protestors right to force Keir Starmer to cut short a prime ministerial visit to Milton Keynes?And should farming be higher or lower on the government's pecking order?We speak to Aberdeenshire farmer Andrew Connan – NFU Scotland's newly president – and ask him about his priorities.And Louise meets the aerospace engineer who finds out that farming is harder than rocket science.This episode of the Farmers Weekly Podcast is co-hosted by Johann Tasker, Louise Impey and Hugh Broom.Follow Johann (X): @johanntaskerFollow Louise (X): @louisearableFollow Hugh (X): @sondesplacefarmFor Farmers Weekly, visit fwi.co.uk or follow @farmersweeklyTo contact the Farmers Weekly Podcast, email podcast@fwi.co.uk. In the UK, you can also text the word FARM followed by your message to 88 44 0.

As many as one and half thousand tractors have converged on Westminster as farmers continue their protest over the Government's plan to re-introduce inheritance tax on farm business assets from next year. The Government says imposing the tax on farms worth more than a million pounds is fair, and will raise much needed public funds. But some farmers argue the move could see family farms put out of business.And as part of a week long feature, we're hearing from rural community champions - the unsung heroes who are making a real difference in their villages and towns. In this episode, we hear from Andy and Lynda Eadon, who started campaigning for better awareness of mental health in agriculture after their son, Leonard, took his own life three years ago. He was 22 and had just finished his agriculture degree. Presented by Anna Hill Produced by Heather Simons

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.Original article: Inheritance Tax Hikes Threaten Farmers' Property Rights in the UK

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.Original article: Inheritance Tax Hikes Threaten Farmers' Property Rights in the UK

Inheritance tax - it's something that's become a hot topic in recent months, following the government's proposals to make some changes to how it works, which will lead to more people facing a bill. It's often an emotive subject, but is also a complex one, with lots of rules that determine how and when inheritance tax is charged. In this episode Which? Money Editor Jenny Ross and Director of Public Policy at AJ Bell, Tom Selby discuss how inheritance tax works, how you can potentially avoid it, and whether you need to worry about it at all. Read more about the ways to avoid paying IHT & sign up to our free weekly Money newsletter. Become a Which? Money member and receive a special gift - offer ends 16 February 2025. Get 50% off a Which? membership.

Egg producers want the Government to order all free range chickens inside to protect them from bird flu. The British Free Range Egg Producers Association has told Farming Today that with rising numbers of cases of the virus, it's time to protect the national flock. In Scotland, tenant farmers are concerned about inheritance tax because of the way their farm lease system works.A new report gives a 'critical' warning about the UK's ability to feed us all, given pressures like climate change and global political instability. The report published today by the National Preparedness Commission, an independent body which describes its aim as being to make the country better prepared to withstand major shocks, warns that food supply chains are fragile and the UK 'complacent'. Presented by Charlotte Smith and produced by Beatrice Fenton.

Many people focus on compound interest, but the real key to financial independence is compound income—creating and reinvesting recurring income streams that grow over time. In this episode, Christian Rodwell and Kevin Whelan reveal how to apply compounding beyond interest to property, business, pensions, and intellectual property, helping you build predictable, recurring income.You'll also hear real-life success stories, including how WealthBuilder Mark Stokes doubled his pension in just five years. Whether you're starting out or optimising your assets, this episode will give you the strategies to make your money work for you and accelerate your path to wealth. By focusing on income that compounds rather than just savings, you can take control of your financial future and create lasting financial security. If you're serious about building wealth and achieving financial independence, this is an episode you won't want to miss.Tune in now and start building the assets that will transform your financial future. Resources mentioned in this episode:>> Watch "How To Get A 25% Discount On The Price Of The Stock Market, Gold Or Property"Next Steps On Your Wealth Building Journey:>> Join the WealthBuilders Facebook Community>> Schedule a 1:1 call with one of our team>> Become a member of WealthBuildersIf you have been enjoying listening to WealthTalk - Please Leave Us A Review!

There are a lot of different things we want land to deliver - growing food, producing green energy, supporting wildlife and supplying space for new homes. The Government has released a new Land Use Framework to help decide what should go where. A new analysis of the planned inheritance tax on farm businesses suggests over 75% of commercial farms in England and Scotland could be impacted. Farmers are being urged to seek advice.And 5 years since the UK left the EU we assess the progress towards new farm payments systems in each part of the UK.Presented by Charlotte Smith Produced by Heather Simons

Farmers protest in a "National Day of Unity" over farm Inheritance Tax but with much change and uncertainty what are their concerns? I join the FUW's Farmhouse Breakfast week in the SeneddMud - we hear how Welsh mud and silt could make a sizeable contribution in the sequestration of carbon - but are we overlooking it's benefits in our quest to tackle global warming?Protecting historic, archaeological sites from"complete destruction" as off-road bikers illicitly use ancient monuments as racetracks.We meet two women honoured for their outstanding work in the Bannau Brycheiniog National Park Authority and the village of Y Felinheli, on the edge of the Menai Strait, celebrates local talent in music, poetry, and performance once again after their eisteddfod was disbanded half a century ago.

This week, the Government has refused emergency use of pesticides shown to harm pollinators for the first time.What's the future for US agriculture if farm workers with no documents are deported?And will the collective voice of the supermarkets make a difference on inheritance tax for farmers?Presented by Caz Graham and produced by Beatrice Fenton.

The dispute over the proposed inheritance tax on farms continues, with the UK's farming unions planning what they call a "Day of Unity" to demonstrate their opposition to the plans. Meanwhile, the supermarkets have added their voice to the argument, with many big players asking the Government to reconsider the tax. DEFRA Secretary, Steve Reed, argues "stable finances are the foundation of the economic growth needed" and has outlined a "new deal for farmers" that would help them become more profitable.Farmers will not be allowed to use neonicotinoid pesticides on sugar beet crops this year, after an application for emergency use was turned down by the Government for the first time. Environmental groups have welcomed the decision, but the NFU says it could leave farmers unable to protect their sugar beet crops from virus yellows - a disease spread by aphids.The UK is launching a Grain Verification Scheme to help identify grain that's been stolen from occupied areas of Ukraine. It uses chemical analysis to determine where grain was grown and a specialist database.And we go out with a second generation sheep scanner, and discover the key to successful scanning isn't just sophisticated equipment - you also need spray paint, a sturdy notepad and a lot of teamwork!Presented by Caz Graham Produce by Heather Simons

Carrot and sprout discount wars are in full swing as the supermarkets vie to be the best value for Christmas. While growers acknowledge what's becoming an annual pricing competition can be helpful for hard-up shoppers, they're worried that this sends the wrong messages to consumers.As many as 7.5 million poinsettias are sold in the UK every year, and 4.5 million of them are grown here. But UK poinsettia growers say next year's crop could be under threat from what they call "disproportionate" plant hygiene rules, which mean crops are being destroyed unnecessarily. They want Government action.And carols - in the pub. It's a tradition that sprang up in Yorkshire in the nineteenth century, where people would go to the village pub and sing carols to the old tunes.All week we've been looking at the fortunes of rural pubs. And to celebrate Christmas, locals in the small market town of Bradford-on-Avon in Wiltshire are reviving village carols from Somerset, Wiltshire and Cornwall.Presented by Caz Graham Produced by Heather Simons

The figures being used by the Treasury to estimate how many farmers will be impacted by changes to inheritance tax could be inaccurate, because of historical advice given by HMRC. That's according to the Central Association of Agricultural Valuers. The Government has introduced 20% inheritance tax on farm assets worth more than a million pounds. Farmers say the change will affect as many as three quarters of them, but the Treasury says data from previous claims for inheritance tax relief suggest just 500 estates a year across the UK will be impacted.We visit a pub in Perthshire which has an intimate relationship with the fortunes of the river it sits alongside.New Government legislation's being proposed to widen the public's access to National Parks in England, and to restore more protected landscapes. The Government says the changes will cut through bureaucracy to achieve more for people and nature.And if you've bought your festive holly and it's got a lot of berries - you may be one of the lucky ones. We hear from one farmer who say berries are few and far between this year.Presented by Anna Hill Produced by Heather Simons

Farmers in Scotland have given a cautious welcome to the increase in the agriculture budget to £660 million. It's up from £620 million but falls short of the £776 million that the National Farmers' Union Scotland had wanted.MPs have voted in support of the Government's change to inheritance tax on farms. In an opposition debate yesterday the Conservatives proposed the tax be scrapped, but the motion was defeated. We continue our week focusing on workers on farms. Today we hear about the shortage of people in the fishing industry. The lack of people means some older skippers are now giving up early as they can't find a crew.  Presented by Charlotte Smith and produced by Beatrice Fenton.

The Labour government is set to introduce inheritance tax on farms that will potentially decimate the farming industry in the UK. We take a heretical leftwing position by arguing against this in the name of food sovereignty, productive value, and anti-globalisation. We discuss how the Left used to be the advocates of organic food, free range farming, and have entirely ceded that cultural ground to the Right. We then delve into the widening pathways of alienation in our society in terms of consumption regarding food, living in regard to housing, the creation of life in relation to surrogacy, and with euthanasia now an attempt to socially construct death.We give an example of how trans-humanism cannot even fit into our institutions citing YouTube couple Jamie Raines and wife Shaaba who have screwed themselves out of IVF on the NHS due to Jamie being male on her medical records and also not qualifying as a heterosexual couple because they're both actually female. Plus, the Marxist definition of oppression, Hannah lambasts the language around assisted suicide, and Jen states she'd prefer to be hit by a bus than be euthanised.

In the week when thousands of farmers took to the streets of London to protest over changes to inheritance tax, we dig into the details and ask if the Government will change it's mind.There's a global trend for farms to scale up and intensify their production and the UK is no different. We ask why it's happening and the impact it's having...as well as exploring large scale beef and chicken production.Presented by Caz Graham Produced by Heather Simons

Marina Hyde asks us to spare a sob for Don Jr, replaced in Daddy's affections by Elon Musk. The Bank of Mum and Dad – the unspoken dynamic behind society's growing inequality of ‘inheritocracy'. ‘I've been called worse than a Nazi': Simon Hattenstone meets Jacob Rees-Mogg. And psychologist Lucy Foulkes on why we should take teenage love more seriously

Gareth Wyn Jones is a Welsh hill farmer, television presenter, and social media personality known for advocating sustainable agriculture and raising awareness about farming challenges. In this interview, we discuss the harsh realities facing British farmers. From inheritance tax burdens to supermarket domination, he explains why the farming industry is at breaking point. We also discuss the impact of government policies on food security, rural communities, and mental health and I learn about the challenges of sustainable farming and the global food supply chain. Gareth also shines a light on the fight to save British agriculture and protect local, seasonal food for future generations.

This week, Rehana Earle and Ele Theochari look at how Inheritance Tax changes could hit farmers hard, depending on timing. They also discuss rising tax burdens worrying retailers, key updates and changes for 2023/24 returns, and the hot debate: should accountants charge for ad-hoc advice?See omnystudio.com/listener for privacy information.

Join host Callum Price, IEA's Director of Communications, along with Christopher Snowdon, Head of Lifestyle Economics, and Kristian Niemietz, Editorial Director, as they explore the recent farmers' protests in Westminster over inheritance tax changes. Our panel dives into the complex debate around taxing agricultural assets, food security, and the broader implications for Britain's countryside. The discussion weighs the principles of fair taxation against the practical challenges faced by family farms and agricultural businesses. The conversation then shifts to the latest free speech controversy involving police action against a journalist over a tweet. Our guests examine how the discourse around free speech has evolved, noting how different political groups change their stance depending on who's being censored. Snowdon and Niemietz discuss the concerning trend of "sensible centrists" failing to defend free speech principles consistently. Finally, Price leads the panel in analysing the growing competition between X (formerly Twitter) and BlueSky, examining whether social media platforms are truly natural monopolies. The panel explores how user migration works, the role of influential accounts in platform shifts, and whether these platforms are becoming increasingly politically segregated. They also debate whether platform ownership affects content moderation and user experience. We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe

Economist and commentator Chris Johns talks to Eamon about Trump's selection for Commerce Secretary, Howard Lutnick. Also UK farmers protest against the new government's plans for Inheritance Tax.Recorded on Wednesday 20th November 2024. Become a member at https://plus.acast.com/s/the-stand-with-eamon-dunphy. Hosted on Acast. See acast.com/privacy for more information.

Sir Keir Starmer tells Welsh Labour conference he'll defend Budget plans "all day long"

Nick is joined by RTE and Racing TV broadcaster Jane Mangan to discuss the latest from around the racing world. They are joined first today by Tweenhills Stud supremo David Redvers, who has been outspoken in his criticism of the government's IHT plans for farms and family businesses. Also today, HM Representative (Ascot) Sir Francis Brooke joins the show to talk about the Royal link with Ebony Horse Club, the new Berkshire Winter Millions, plus plans for his own horse Chianti Classico. Gerald Mosse chats to Nick about his first winner as a trainer, while Martin and Sammy Jones are this month's Overbury People and Graham Budd has a tremendous offering of memorabilia to share in association with Weatherbys and the National HorseRacing Museum.

Nick is joined by RTE and Racing TV broadcaster Jane Mangan to discuss the latest from around the racing world. They are joined first today by Tweenhills Stud supremo David Redvers, who has been outspoken in his criticism of the government's IHT plans for farms and family businesses. Also today, HM Representative (Ascot) Sir Francis Brooke joins the show to talk about the Royal link with Ebony Horse Club, the new Berkshire Winter Millions, plus plans for his own horse Chianti Classico. Gerald Mosse chats to Nick about his first winner as a trainer, while Martin and Sammy Jones are this month's Overbury People and Graham Budd has a tremendous offering of memorabilia to share in association with Weatherbys and the National HorseRacing Museum.