Farmers on the march

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Here is Jeremy Clarkson: "Land is a better investment than any bank can offer. The government doesn't get any of my money when I die"

Jeremy Clarkson demonstrating why the handouts to prosperous farmers need to be curtailed.
 
but the Agricultural property relief has encouraged investors to buy farmland..................IE it has been open to corporate vultures

Here is Jeremy Clarkson: "Land is a better investment than any bank can offer. The government doesn't get any of my money when I die"
So perhaps the answer is to come up with something that distinguishes between investment/tax avoidance and geniune farming
 
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Top 10 British “family farmers” and how much tax exempt agricultural land they own.

1 Duke of Buccleuch 268,618 acres.
2 Duke of Westminster 125,311 acres
3 Duke of Atholl 124,163 acres
4 Duke of Northumberland 120,514 acres
5 Duke of Beaufort 53,691 acres
6 Duke of Argyll 51,309 acres
7 Duke of Devonshire 50,948 acres
8 Duke of Roxburghe 44,376 acres
9 Duke of Marlborough 24,725 acres
10 Duke of Norfolk 19,793 acres

Just a typical average family farm says Motorbiking
 
So perhaps the answer is to come up with something that distinguishes between investment/tax avoidance and geniune farming
Not a bad idea, suggest tax relief if the absentee owners pass the land to local contractors who have been doing the work, people like caleb and gerald. Local people get a chance to own and farm.
 
Top 10 British “family farmers” and how much tax exempt agricultural land they own.

1 Duke of Buccleuch 268,618 acres.
2 Duke of Westminster 125,311 acres
3 Duke of Atholl 124,163 acres
4 Duke of Northumberland 120,514 acres
5 Duke of Beaufort 53,691 acres
6 Duke of Argyll 51,309 acres
7 Duke of Devonshire 50,948 acres
8 Duke of Roxburghe 44,376 acres
9 Duke of Marlborough 24,725 acres
10 Duke of Norfolk 19,793 acres

Just a typical average family farm says Motorbiking
I'd rather they owned it than Offshore Oligarks plc
 
Biking from the boatyard was postulating a business asset that produces less than 1% profit.

That's not much of a business, it it?
 
Not a bad idea, suggest tax relief if the absentee owners pass the land to local contractors who have been doing the work, people like caleb and gerald. Local people get a chance to own and farm.

Someone should have thought of that.

 
Top 10 British “family farmers” and how much tax exempt agricultural land they own.

1 Duke of Buccleuch 268,618 acres.
2 Duke of Westminster 125,311 acres
3 Duke of Atholl 124,163 acres
4 Duke of Northumberland 120,514 acres
5 Duke of Beaufort 53,691 acres
6 Duke of Argyll 51,309 acres
7 Duke of Devonshire 50,948 acres
8 Duke of Roxburghe 44,376 acres
9 Duke of Marlborough 24,725 acres
10 Duke of Norfolk 19,793 acres

Just a typical average family farm says Motorbiking
No I have provided information based on a family farm of 350 acres. For tax purposes I assumed the farm was owned by a married couple and that the land acheived avg. price per acre. I have also assumed their income is close to high performing farms rather than the avg. I have shown how they could be saddled with half a million in tax and no ability to pay from profits. I could easily show a single parent owning a lower performing farm being unable to pay the tax ever. It would drive them to sell or go bust trying.
 
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