Stuart (@StuartMaggs) / X

Stuart

2,673 posts

Stuart

@StuartMaggs

Private client law and tax, Fellow of Agricultural Law Association. All views personal and subject to change based on evidence.

Norwich, England

Joined November 2012

Pinned
Stuart
@StuartMaggs
Nov 20, 2024
#FamilyFarmTax talking points - a helpful guide: 1. "It's only 500 farms". No, that's APR claims above £1m made in one year, 2021/22. Many more people than that are affected by the rules. The CLA estimated the total number is 70,000 farms. On the Government's own numbers
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Stuart
@StuartMaggs
Sep 28, 2025
If you hold the legal title to land after gifting it to someone else, this creates a trust. You are now required to register these arrangements under the Trust Registration Scheme. Keir Starmer told the Parliamentary Commissioner for Standards that this is what he did. He just
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Stuart
@StuartMaggs
Sep 28, 2025
Keir Starmer has just said to Laura Kuenssberg that he did not put the donkey land into trust. He said to the Parliamentary Commissioner "I immediately gifted the land to my parents for as long as they should live but I did not transfer the legal title - that remained with me."
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Stuart
@StuartMaggs
Sep 7, 2025
I'm trying to work out what it was about Angela Eagle's experience and expertise led to her appointment as Farming Minister. Does anybody know?
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Stuart
@StuartMaggs
Oct 16, 2025
The message from the Chancellor is that the economy is going great, but we need to raise taxes again because it isn’t. And the fault lies with Brexit, which was totally unforseeable last year when they said they definitely wouldn’t need to raise taxes this year. Got that?
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Stuart
@StuartMaggs
Oct 28, 2025
I have moved from being shocked and disappointed at the Treasury to being angry. I spent some time with an elderly client today who is confused and distressed over what to do, and a huge portion of responsibility for her upset rests with unprofessionalism from the Treasury.
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Stuart
@StuartMaggs
Nov 8, 2024
The #FamilyFarmTax confuses me. The way it has been drafted feels like a group of people who have never set foot outside the M25 came together and decided that 50 acres, a house and a barn is a viable agricultural unit. A single afternoon around the kitchen table with Nan (in
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Stuart
@StuartMaggs
Nov 13, 2025
I’m breaking my own “don’t post after 11pm” rule, but if this story is correct then the Budget process is in utter chaos and the Treasury is panicking. The Chancellor basically announced she was raising income tax but is already U-turning on at least three leaked proposals.
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Stuart
@StuartMaggs
Feb 10, 2025
Good analogy from a farmer on the BBC this morning. The impact of the #FamilyFarmTax is akin to forcing a fisherman to sell his boat to pay a tax bill. How do you expect farmers to continue their business if they've had to sell a large slice of land to fund inheritance tax?
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Stuart
@StuartMaggs
Feb 18, 2025
Having proposed drastic changes to inheritance tax rules for farmers and other family businesses, Rachel Reeves challenged the industry to suggest an alternative that raised the same tax. Today the NFU and other organisations from across the industry met with the Treasury to
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Stuart
@StuartMaggs
Jan 29, 2025
Rachel Reeves' Growth Plan
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Stuart
@StuartMaggs
Mar 6, 2025
In response to my FoI request, the Treasury have confirmed their analysis of the impact of APR/BPR changes not does not consider the number of businesses or farms that might be affected: it was purely based on claims for relief by estates in 2020/21. They went on to confirm they
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Stuart
@StuartMaggs
Nov 13, 2025
Putting things provocatively, imagine someone earning £100k who is considering whether to work overtime to buy something worth £100. To do that they need to earn £315.80. HMRC takes: - £189.48 in income tax - £6.32 in NIC - £20.00 in VAT They have to earn £315.80 to buy
Dan Neidle
@DanNeidle
Nov 12, 2025
Replying to @DanNeidle
The calculator is here: taxpolicy.org.uk/2025/11/12/the…
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Stuart
@StuartMaggs
Sep 7, 2025
In a moment of pure irony, of the three times the new farming minister has ever mentioned farming on Hansard, the most recent was in March 2022 to say: "I cannot say that I am an expert in all things agricultural or farming" I give you the insanity of our political system.
Mike Furness
@MFRFurness
Sep 7, 2025
Replying to @StuartMaggs
She mentioned farming 3 times in her political career . x.com/_RobbieMoore/s…
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