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Prince William inherits £1bn estate

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  • #91
    Re: Prince William inherits £1bn estate

    Originally posted by Taunton Blue Genie View Post
    Zero inheritance tax applies when property passes from sovereign to sovereign.
    Yup, also we can't know how much private wealth she left as royal wills are secret. And soon he will take an oath to maintain the Anglican protestant succession, a relic of 17th century bigotry which bars Catholics and non-Anglicans from the succession. Why is all this necessary?

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    • #92
      Re: Prince William inherits £1bn estate

      Originally posted by poc View Post
      they are if its above a certain amount
      the only time an individual is taxed on any inheritance they receive is if they have received a gift from the deceased's estate within 7 years of death and the value of the estate is above the combined nil rate band and residential nil rate band..

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      • #93
        Re: Prince William inherits £1bn estate

        Originally posted by Taunton Blue Genie View Post
        You seriously think that Britain never had any involvement with slavery?
        That's not what I said, but to clarify, the UK's involvement with slavery was apropos of Empire, which you'll understand no longer exists.

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        • #94
          Re: Prince William inherits £1bn estate

          Originally posted by DryCleaning View Post
          That's not what I said, but to clarify, the UK's involvement with slavery was apropos of Empire, which you'll understand no longer exists.
          I would suggest that you re-read the muddled post that I responded to.

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          • #95
            Re: Prince William inherits £1bn estate

            Originally posted by DryCleaning View Post
            the only time an individual is taxed on any inheritance they receive is if they have received a gift from the deceased's estate within 7 years of death and the value of the estate is above the combined nil rate band and residential nil rate band..
            how about the 12 million quid that they paid to the girl that Andrew nonced.
            should that be free from inheritance tax?

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            • #96
              Re: Prince William inherits £1bn estate

              Originally posted by Rjk View Post
              how about the 12 million quid that they paid to the girl that Andrew nonced.
              should that be free from inheritance tax?
              Under current rules Andrew would be liable to around £4.8m in IHT.

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              • #97
                Re: Prince William inherits £1bn estate

                Originally posted by SLUDGE FACTORY View Post
                People die on the streets of Cardiff, in hostels and in hospitals most nights

                The life expectancy of homeless people is around 50

                But never mind that , God save the queen
                God, you are so 8th Septermber!!!

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                • #98
                  Re: Prince William inherits £1bn estate

                  Originally posted by Taunton Blue Genie View Post
                  I would suggest that you re-read the muddled post that I responded to.
                  I have, it was this post.

                  Alfresco makes it clear they are discussing "this country" and "this island"...not empire, not commonwealth. Ergo its not clear why you feel the need to mention slavery, given its never been legal in any part of the UK (certainly not since Harold Godwinson).

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                  • #99
                    Re: Prince William inherits £1bn estate

                    Originally posted by DryCleaning View Post
                    I have, it was this post.

                    Alfresco makes it clear they are discussing "this country" and "this island"...not empire, not commonwealth. Ergo its not clear why you feel the need to mention slavery, given its never been legal in any part of the UK (certainly not since Harold Godwinson).
                    He stated "Get rid of them so we can save a few bob, beggars belief that people who were brought up on our history want to get shot of it."

                    My point is that just because something is part of our history doesn't mean we have to like it or maintain it. And as for being 'brought up' on our history, when I was being 'brought up' I learned about all sorts of things in 'our history' which we do not condone today. It's as simple as that.
                    I now realise who the poster was and shouldn't have wasted my time.

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                    • Re: Prince William inherits £1bn estate

                      Originally posted by Taunton Blue Genie View Post
                      He stated "Get rid of them so we can save a few bob, beggars belief that people who were brought up on our history want to get shot of it."

                      My point is that just because something is part of our history doesn't mean we have to like it or maintain it. And as for being 'brought up' on our history, when I was being 'brought up' I learned about all sorts of things in 'our history' which we do not condone today. It's as simple as that.
                      I now realise who the poster was and shouldn't have wasted my time.
                      My comment was in response to your claim that slavery was part of UK's history. Its never been legal here, and the UK did its utmost to stamp out the slave trade (West Africa Squadron). Slavery has as much to do with the UK's history as the international drug trade today.

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                      • Re: Prince William inherits £1bn estate

                        Originally posted by DryCleaning View Post
                        My comment was in response to your claim that slavery was part of UK's history. Its never been legal here, and the UK did its utmost to stamp out the slave trade (West Africa Squadron). Slavery has as much to do with the UK's history as the international drug trade today.
                        you are extremely naïve.

                        Wasn't it Orwell who said Britain was like a wealthy family that maintains a guilty silence about the sources of its wealth.

                        Comment


                        • Re: Prince William inherits £1bn estate

                          Originally posted by DryCleaning View Post
                          My comment was in response to your claim that slavery was part of UK's history. Its never been legal here, and the UK did its utmost to stamp out the slave trade (West Africa Squadron). Slavery has as much to do with the UK's history as the international drug trade today.
                          Well we will have to disagree about Britain's history being/not being involved with slavery. Funny you should mention the international drug trade though: I was listening to a podcast only last week that was about the UK being second in the international money-laundering stakes due to laxity and a lack or rigour.

                          Comment


                          • Re: Prince William inherits £1bn estate

                            Originally posted by DryCleaning View Post
                            My comment was in response to your claim that slavery was part of UK's history. Its never been legal here, and the UK did its utmost to stamp out the slave trade (West Africa Squadron). Slavery has as much to do with the UK's history as the international drug trade today.

                            "Britain’s involvement in the transatlantic slave trade officially began, with royal approval, in 1663. In less than 150 years, Britain was responsible for transporting millions of enslaved Africans to colonies in the Americas, where men, women and children were forced to work on plantations and denied basic rights. This inhumane system led to the emergence of racist ideas and pseudoscience that were used to justify it."


                            "British merchants became major participants in the Atlantic slave trade in the early modern period. As part of the triangular trade-system, ship-owners transported enslaved West Africans to European possessions in the New World (especially to British colonies in the West Indies) to be sold there. The ships brought commodities back to Britain then exported goods to Africa. Some plantation owners brought slaves to Britain, where many of them ran away from their masters."

                            A new BBC documentary tells how a trove of documents lays bare the names of Britain’s 46,000 slave owners, including relatives of Gladstone and Orwell

                            "A new BBC documentary tells how a trove of documents lays bare the names of Britain’s 46,000 slave owners, including relatives of Gladstone and Orwell"
                            "Whereas the cotton plantations of the American south were established on the soil of the continental United States, British slavery took place 3,000 miles away in the Caribbean."


                            "Edward Colston (2 November 1636 – 11 October 1721) was an English merchant, slave trader, philanthropist, and Tory Member of Parliament. Colston followed his father in the family business becoming a sea merchant, initially trading in wine, fruits and textiles, mainly in Spain, Portugal and other European ports. By 1680, he became involved in the slave trade as a senior executive of the Royal African Company, which held a monopoly on the English trade in African slaves. He was deputy governor of the company in 1689–90."

                            Just a few snippets of "our history" and the slave trade that Britons and Britain benefitted from.

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                            • Re: Prince William inherits £1bn estate

                              Originally posted by Taunton Blue Genie View Post
                              https://tinyurl.com/esap732a
                              "Britain’s involvement in the transatlantic slave trade officially began, with royal approval, in 1663. In less than 150 years, Britain was responsible for transporting millions of enslaved Africans to colonies in the Americas, where men, women and children were forced to work on plantations and denied basic rights. This inhumane system led to the emergence of racist ideas and pseudoscience that were used to justify it."


                              "British merchants became major participants in the Atlantic slave trade in the early modern period. As part of the triangular trade-system, ship-owners transported enslaved West Africans to European possessions in the New World (especially to British colonies in the West Indies) to be sold there. The ships brought commodities back to Britain then exported goods to Africa. Some plantation owners brought slaves to Britain, where many of them ran away from their masters."

                              A new BBC documentary tells how a trove of documents lays bare the names of Britain’s 46,000 slave owners, including relatives of Gladstone and Orwell

                              "A new BBC documentary tells how a trove of documents lays bare the names of Britain’s 46,000 slave owners, including relatives of Gladstone and Orwell"
                              "Whereas the cotton plantations of the American south were established on the soil of the continental United States, British slavery took place 3,000 miles away in the Caribbean."


                              "Edward Colston (2 November 1636 – 11 October 1721) was an English merchant, slave trader, philanthropist, and Tory Member of Parliament. Colston followed his father in the family business becoming a sea merchant, initially trading in wine, fruits and textiles, mainly in Spain, Portugal and other European ports. By 1680, he became involved in the slave trade as a senior executive of the Royal African Company, which held a monopoly on the English trade in African slaves. He was deputy governor of the company in 1689–90."

                              Just a few snippets of "our history" and the slave trade that Britons and Britain benefitted from.
                              All very interesting but not relevant. For want of repeating myself, Alfresco referred to "this island". If you think the history of this island includes slavery then you are mistaken.

                              NB just to be clear, no one is disputing the facts around the slave trade in empire. You'll also no doubt be aware of the concept of salutary neglect, and the fact that the UK did not legislate for its colonies or empire in respect of its trade.

                              Comment


                              • Re: Prince William inherits £1bn estate

                                Originally posted by Taunton Blue Genie View Post
                                Well we will have to disagree about Britain's history being/not being involved with slavery. Funny you should mention the international drug trade though: I was listening to a podcast only last week that was about the UK being second in the international money-laundering stakes due to laxity and a lack or rigour.
                                I have not said Britain played no part in the slave trade. My comment was that it never occurred on this island, which was specifically referred to.

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