Farmers on the march

Sponsored Links
Hum, lots of his farms are tenanted, meaning people who can’t afford to buy farms can actually be productive farmers, earning a living and paying taxes
Making the landowner, doing nothing, even more money.

It's just a bit wrong isn't it. What's wrong with being able to be a small farmer, owning the land, not renting it.
 
Making the landowner, doing nothing, even more money.

It's just a bit wrong isn't it. What's wrong with being able to be a small farmer, owning the land, not renting it.
Generous tax concessions are too good for the common people.

They are designed for the super-rich
 
Have to laugh at Clarkson who denied he bought his farm to avoid IHT, but has already planned his next tax avoidance scheme by putting it in a trust.
Why would you not? IHT should be a crime.

You’ll notice the uber rich avoid it.
 
Sponsored Links
A budget change that gets no mention
It's why we are investing £5 billion into farming over the next two years – the largest amount ever directed towards sustainable food production, rural economic growth and nature’s recovery in our country’s history.

This may be related to farmers losses when we left the EU. The Tory reckon that was only going to the top 10%
Among the beneficiaries of CAP direct payments, which were made per hectare, were the Brexiter James Dyson, who received more than £5m from the EU, and the former Daily Mail editor Paul Dacre, who pocketed £88,000 for his Scottish Langwell estate in one year alone.

But the National Farmers’ Union (NFU) and the FUW fear for the small farmers who are dependent on the CAP. MPs on the Welsh affairs committee expressed concern in 2022 “that around a fifth of Welsh farms had a farm business income of less than zero” with an average income of £26,000 per farm. Government research shows that the subsidy is the difference between profit and loss for 42% of farms in the UK.

Launched in 1962 as a partnership between agriculture and society, the CAP was envisaged as an income support scheme after research showed farmers’ income was 40% lower than non-agricultural incomes.


 
Why would you not? IHT should be a crime.

You’ll notice the uber rich avoid it.
I don’t disagree on iht, it's fairer to raise income fax but this doesn’t seem to be politically realistic. Clarkson's a tribal torey supporter who could have used his platform more effectively to criticise brexhit. His wealth and success means he wont have to sell the farm when he passes on. Its more about maximising his wealth than saving British farming. He could give a few hundred acres to Kaleb
 
He could give a few hundred acres to Kaleb
Amazon have made him a millionaire “via clarksons show”

They have also just gone half’s on another pub.

Clarkson is good for the area and farming in general. No one wants to pay tax on their estates and why should we.
 
don't think I have ever met a farmer who is not whinging about something - don't think I have ever met a poor one either

make them pay the same tax as the rest of us. Labour has not went far enough by a country mile
 
I wonder how the police would have reacted if this had been 'Just Stop Oil' smashed the windows, arrested them and then imprisoned them for 5 years ?

Of course not - they're land owners, even if police prosecuted (which is highly unlikely) the courts would do absolutely nothing.

 
Getting this back onto constructive ground, farmland and woodland near us was recently bought as a block and within 3 months sold off in strips , each for about £40k.

My suspicion is that people bought this land to avoid IHT
Or maybe they just wanted to enjoy and enhance some woodland?

How much does a £40k investment save in IHT?

Compared with the land that the royals own and can pass down IHT free?

Not to mention the billions they avoid in IHT on the seabed land they 'own' and that they make further billions on renting out to offshore wind farms :rolleyes:
 
What special tax concessions do you propose for them?

Farming is a special case and tax law recognises this. If every time a farmer died the dead hand of government grabbed 40% of the value of his land and farm buildings it would be impossible to hand the farm onto the next generation as a going concern. Farming is almost unique in relying on being a generational concern. The IHT exemption relies on the farm actually being a working farm. It's not possible to buy one and keep it uncultivated as part of someone's investment portfolio - this won't satisfy the rules.

Or perhaps you would be happier if all farming families were taxed off the land, land was sold cheap to greedy developers and we are completely reliant on food imports. :rolleyes:
 
Sponsored Links
Back
Top