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nearlytoolate

@nearlytoolate.bsky.social
144 followers 358 following 2.8K posts

North England, politics, history, birds, economics, personal finance…not a bot. Sometimes unintentionally irritating.

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nearlytoolate @nearlytoolate.bsky.social · 7h
I see. But frankly the numbers are irrelevant, because the whole ‘culturally/ethnically’ British/English concept is a nonsense. It can’t be meaningfully defined. (I don’t know how Jenrick would classify those with Irish ancestors. There’s more than a few of those).
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nearlytoolate @nearlytoolate.bsky.social · 9h
Context?
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nearlytoolate @nearlytoolate.bsky.social · 08/10/2026
Why can’t the new proposal have the same downsizing protection as the current RNRB? Does it not effectively create sn enlarged RNRB equal to the value of your ‘family home’ prior to downsizing or moving into care? If not, it’s moronic
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nearlytoolate @nearlytoolate.bsky.social · 08/10/2026
Have they explicitly said they will remove the downsizing protection that the current RNRB has?
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nearlytoolate @nearlytoolate.bsky.social · 08/10/2026
Blimey. One of the most practically useful programmes they make.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Why should some people have a higher exemption than others, simply because they have a more valuable property?
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
www.gov.uk/guidance/how...
gov.uk
How downsizing, selling or gifting a home affects the residence nil rate band
Check if an estate can get the residence nil rate band (RNRB) when someone downsizes, gifts or sells their home before they die.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Yes the 55% was relating to England.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Restaurants already ask for deposits. You’ll just have to prepay your meal.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
It’s a third of the population isn’t it?
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
That’s lower than I’d have guessed tbh.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
But perhaps hitting the spot with key target voters.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Well first they have to win an election of course. Much water to flow under bridges before this sees the light of day
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
It would be idiotic not to keep the downsizing protection.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Per person in a couple. I assume the proposal here is to expand that (to infinity??)
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Although you might see a trend up upsize if your iht allowance is pegged to most valuable property owned. People will be funnelling their huge pensions into huge properties.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Yes. Current residential NRB doesn’t apply to your niece, only direct descendants. Not step children either unless adopted.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
The current residential nil rate band is preserved on downsizing/selling house. So I’d expect similar mechanism here.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Yes. One of the many stupid things about the policy.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
She said to family. But yes. Bonkers policy. How can you give rich people a higher tax free allowance simply because they are rich? It also incentivises people emptying their pensions into bigger properties as they get older. Smart.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
And only those who haven’t lost their home to care fees, which affects far more people of far more modest means
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Indeed.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
For a married couple with children it has to be a million or more. Which yes, mostly SE/London, but also …not many people.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
I assume there will be downsizing rules as already for the residential nil rate band. I’m assuming she’s simply proposing an enlargement of that band. But how she makes it variable, and how she deals with single folk and non parents.. idk
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Maybe she’s banking on Labour sorting that out first.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
What’s the detail on that? Is she seriously going to have a bigger iht exemption for those with properties worth several million £££ vs mr and Mrs average (who wouldn’t have paid iht anyway) The thing taking ordinary folks family homes is care fees.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
And lovable.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
It’s tragic. And at a time when attention is being diverted away from this existential threat by tech bros, and climate deniers are riding high.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
‘Should’. Politics isn’t a blank sheet of paper where you write your wish list to Santa.
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nearlytoolate @nearlytoolate.bsky.social · 07/10/2026
Unfortunately we’ve suddenly become obsessed with one speculative threat just as another very real one is being buried in plain sight
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
‘To secure peace’. You think that’s a workable solution?
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
If they can make a good offer to those people
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
Sadly mine went to the charity shop. Too much like hard work.
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
I feel seen
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
Not many people know much about the immediate post war population movements, military occupations, election rigging etc.
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
If there was a collapse they wouldn’t be the clear tactical choice!
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
I bought it about 10 years ago and it was pretty pricey then (maybe £50??)
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
Not that I am very likely to vote Green but if I found myself in a situation where it was the clear anti fascist tactical choice then it wouldn’t be ruled out.
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
I would say there’s a large overlap yes. But your reaction and mine is indicative that this will reduce the Green vote. There are far more of us than of activists who support this kind of motion.
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
I used to consider the Greens a misguided but understandable option. Not at the moment.
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
Has it made you more or less favourably inclined towards them?
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nearlytoolate @nearlytoolate.bsky.social · 05/10/2026
Same. I couldn’t find such a link on the Green Party website (in the press release explaining the motion)
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nearlytoolate @nearlytoolate.bsky.social · 04/10/2026
Has she says it’s not skin colour? I can’t think of any other implication of ‘obvious’
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
I just need to do it really, and hope for the best 😬 I need landline phone though so not sure if that can be done through the same provider.
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
Not yet reached my area. I have registered my interest now!
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
I’m actually paying more. I am too worried about a switch going horribly wrong though. I’m in the wilds of rural northern England so not sure how much alternative there is.
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
It’s basically the same people. Those who joined Labour under Corbyn, were then kicked out and have found a new home.
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
‘Not today’. Not for those people. Just for me.
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
He’s not the sharpest is he? ‘Actor’ 🤪
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nearlytoolate @nearlytoolate.bsky.social · 02/10/2026
Slowly? That was day 1, right?
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