Trooping the colour booing

[theresalighttofindyou]

AIBU to think this was well deserved?

Kate can glower at people as much as she wants but the monarchy is a rotten institution and people are getting more and more annoyed by it

RTT
i doubt Mulberry is satisfied
you’ve read that the wrong way

The reason being. The Royal Assets need to be protected for future generations..
Who wants to pay inheritance tax? I don’t.

I am indeed sure if that because my post clearly said
currently
Im not psychic but there’s no doubt the current younger age groups aren’t keen on the RF

( Approximately 38% to 52% of young adults (aged 18–24) in the UK)

IHT is a bill on the deceased estate not on those who inherit
So the Queens estate didn’t pay IHT
The King isn’t dead yet. So once again my comment was accurate

Interesting bit about the RF mistress and wills though 😆

Maybe so. Charles is an absurd, pompous, spoiled buffoon.

No it didn’t whether it read like that or not, but I clearly wasn’t specific enough. He would have half as much if his mothers estate paid IHT

Yes indeed, but why do the rest of us not get to protect our estates. My family home will need to be sold to pay

Ask Labour 🤷‍♀️

I think they need to take a look in the mirror.

Well labour would be closer to abolishing the royals than the other lot!

They get a lot of breaks because they made the rules, just like old trusts, no one can do that now.

I dont think the children should be on parade and being driven around in carriges, they would then not be expised to it. Say what you like for Harry but he has protected his children from this patomime.

You sound like a 14 year old.

IHT is a bill on the deceased estate not on those who inherit
So the Queens estate didn’t pay IHT
The King isn’t dead yet. So once again my comment was accurate

The reason that there is no need to pay IHT here is due to the exemption introduced in 1993 by the Major government. I would guess that the way things are passed down takes full advantage of this, but we will never know, since the wills are secret. It is also worth noting that the Sovereign to Sovereign rule was applied on the Queen Mothers estate, even though she was not the Sovereign. Its a nice little game of protect the wealth at all cost and hide to amount from the public and bend the rules as much as you can - or lobby the government to change the law in your favour.

You know what I meant, whomever pays, there wouldn’t be as much now if it had 40% removed every generation.

They get tax breaks that rest of us don’t. I can’t see any divine right to that.

Charles had an exemption arranged by the Conservative PM, John Major.

What a horrible person you must be to characterise a woman annoyed at her children being verbally abused as glowering.

She had every right to be peeved at spiteful people upsetting kids.

And say you get rid of the monarchy, you just end up with the likes of Trump and the Kardashians.

Exactly

Even pre Major
when they were introduced in the 17th century and since ( I think to pay for wars more than likely ) the RF never paid any sort of capital transfer taxes so it certainly wasn’t a new concept at all introduced by Major ( just in case snyone is attempting a dig here at a particular political party )

The reason given in Majors day was

‘the reigning monarch is legally exempt from paying Inheritance Tax (IHT) on both Crown and private estates to avoid wealth erosion over generations. Other family members are subject to IHT,’

There wasn’t any bending of the rules. The Government of the time felt the RF status in the world would be diminished over time if they didn’t have the means to present a certain royal image.
I recall the debates at the time

Setting up trusts of course is one way to avoid IHT for everyone
or just stop taxing death

Yep, people who boo anyone really aren't worthy of being indulged. They tend to be very boring people in my experience, with nary a brain cell between them.

The RF were always exempt on taxes charged at death as far back as the 17th century

Its really not as party specific as you may think

Trust are now taxed in a way they never were, so really they mitigate very little.

BrownTroutBluesAgain · Today 21:44
Ask Labour 🤷‍♀️

Perhaps a lot of pent up anger and in this case resentment
but many demonstrations are backed up by a lot of passion

I would happily boo the fox hunting brigade for example

Agree they do have ongoing tax charges which you need to pay
much the same as declaring cgtax year on year

No IHT is better ….for anyone that is

I wouldn't. But I wouldn't ever subject my children to that sort of exposure. I also would never send them to boarding school. Because I believe it will damage them.
Anyone looking at the RF must see how messed up they all are. Maybe its time to break the cycle of abuse, neglect and exposure.

You could boo all you like, what do you think it would actually achieve? I think you will find the answer is - nothing.