super4's latest activity
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Farming isn't a level playing field though. Some have veg land and some have windswept rocky mountain. If whole farms going into SFI... -
In all honesty, I've never understood the need for 'consultants'... what can they tell you that you don't already know? This may happen...
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Looking for a Greenstar isobus loom to fit a jd 732i sprayer.
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Don't draw on it; becomes IHT free too in your estate then.
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super4 reacted to Stewartry hill's post in the thread Selling surplus farm machinery and tax with
Like.
There is worse things than paying tax . ie not paying tax -
It could be argued that a pension could also just be delaying paying the income tax....depending on what your income is when you start...
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Little cash is ok but not a lot.no one wants it and you may have to prove where it came from,so I’m told😉 nick...
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super4 replied to the thread Selling surplus farm machinery and tax.Not looking to buy. Want to go in a different direction.
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super4 replied to the thread Selling surplus farm machinery and tax.Probably best option but nice to have the cash.
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super4 replied to the thread Selling surplus farm machinery and tax.80k min could easily double that. Depends on various things.
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Put some money into pension.
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Ah, you have machines worth money to sell. That’s where you are going wrong. My last machinery sale made 200 a ton.
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get your local machinery dealer to buy it for what it’s written down to with invoice . rest in dirty cash laundered from drugs or...
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Choose a bad year to part with surplus stuff. This year? Schedule other repairs or machinery replacements in same year. There's no...
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I have a few items of machinery to sell. Anyone any ideas on the most tax efficient way to dispose of them. We farm in a partnership. My...