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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask why you support the farmers, regarding inheritance tax?

491 replies

WheresFluffy · 19/11/2024 14:36

Just that, really.
I'm interested to know why people support, or not, the farmers regarding the inheritance tax changes.

YABU - it's been done to death
YANBU - learning why people believe things is important.

OP posts:
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11
CrystalSea · 19/11/2024 22:53

Astrabees · 19/11/2024 19:42

@whenemmafallsinlove It is the hypocrisy I find galling. In this area they are looking to earmark large tracts of land for housing development - 4,600 houses. The farmers who own the possible development sites are not opposing the developments but very keen to get their land chosen. My father and I carved careers outside agriculture and probably did better financially as a result but although our farming relations might be cash poor they have lifestyle benefits that most people can only imagine and loads of opportunity to diversify and enjoy the benefits. No one likes paying tax but paying at 20% is still lvery favourable treatment.

Surely if you’re selling off all your land to developers, you will fall into general inheritance tax rules anyway. So those aren’t going to be farmers who are going to be affected by the tax. Or am I missing something?

FudgeSundae · 19/11/2024 22:45

BIossomtoes · 19/11/2024 18:56

Then he needs to hand it to his son now when there’s still a reasonable chance of living for another seven years and the IHT miraculously disappears. It’s not rocket science.

A few people have said this. Where are the parents supposed to live, if not on the farm? They’re not allowed to gift the property and still live or work there, or it doesn’t count as a gift for IHT.

Someone said a company would help- no, you still pay IHT on shares, same problem.

I support the farmers because I want the farms to continue to exist.

Willyoujustbequiet · 19/11/2024 22:34

The IFS which is independent has come out and said only a tiny number of farms will be affected and they are the most wealthy.

Also 40% of sales last year were to investors not farmers as its a well known tax scam.

They should pay.

Clavinova · 19/11/2024 22:28

AquaPeer · 19/11/2024 20:15

Isnt this just the “poor farmer” narrative though? ONS doesn’t feature farmers in their occupation with the highest suicide stats- that’s tradesmen

www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/articles/suicidebyoccupation/england2011to2015#statistical-measures-of-suicide-by-occupation

The stats in your link only cover England 2011 - 2015 and there's a note;

In the past, agricultural and related trades have received much attention because farmers have been found to have an elevated risk of suicide...

Also, the data collected only covers ages 20 to 64. At least a third of farmers appear to be aged over 65 - therefore any suicides in this age group would not be included.

XmasMarkets · 19/11/2024 22:19

JoanCollected · 19/11/2024 17:07

Ps I’m not a farmer but grew up around many. I’ve no skin in this other than fear for my children’s food supply and the countryside.

Exactly

XmasMarkets · 19/11/2024 22:19

I'm not a farmer
I fully support taxing the rich
But FFS leave the poor farmers alone!
It's a bloody hard job for not much reward.
Farming is a family business that needs passing down or it will die out.
We need to be able to produce our own sustainable food.
Tax the fucking bankers and Amazon, Shell, BP and the like more!!!

Chocksquare · 19/11/2024 21:53

Because I think it is wrong that the government are closing down British industries. Very sad.

Snugglemonkey · 19/11/2024 21:47

allthecoffee100 · 19/11/2024 18:15

He really hasn't. Its policy shows he has zero care for farmers, our countryside and our food security.

I agree. I don't think costing was done properly on this, on vat on school fees, on raising employer NI contributions....
Worrying.

Bitofashithouse · 19/11/2024 21:35

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Memyselfmilly · 19/11/2024 21:29

Cattery · 19/11/2024 21:10

@WooleyMunky Hardly. The miners were working class grafters. The farmers are mainly middle class tax-dodgers

How many farmers do you know? Have you spent any time being a farmer? Because that is a pretty sweeping statement. Imagine being that judgemental….

also, what is your job?

Bitofashithouse · 19/11/2024 21:14

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oakleaffy · 19/11/2024 21:13

However..Farmers even before this Inheritance tax announcement have a high suicide rate.
Long, lonely hours most likely- Mum's colleague was a Farmer's Daughter- her brother stayed to help on the farm, the Daughter trained as a teacher.

When her parents grew frail and died, her brother was working endless hours {Beautiful part of the World}
Mum's friend went to visit her brother, as his mental health was suffering.

When she arrived, she found the road blocked by police.
He had tragically taken his own life.

It does seem a relentlessly hard life for some farmers- yet for others, the wealthy ''hobby'' farmers, backed up by massive wealth, it's much easier.

A hundred years ago, Farms employed so many men and women - ploughmen, horsemen, pigmen Shepherds- with the advent of tractors, now a single man or woman can plough hundreds of acres.

Loneliness seems to be an issue.

Cattery · 19/11/2024 21:10

@WooleyMunky Hardly. The miners were working class grafters. The farmers are mainly middle class tax-dodgers

BurntBroccoli · 19/11/2024 21:08

Cattery · 19/11/2024 20:54

Just to clarify:

This!

oakleaffy · 19/11/2024 21:05

Memyselfmilly · 19/11/2024 21:01

Largest import - at least from 2022 - is from UK.

Google says we import and export Wheat - it's seems crazy exporting it if we need it ourselves.
The price of bread has skyrocketed- and butter, too. {If you like the nice quality bread and English Butter}

ARealitycheck · 19/11/2024 21:05

Wigglytails · 19/11/2024 21:00

The NFU should have stepped in when the price of farm land in England was going through the roof.

Harry Metcalfe, Jeremy Clarkson and the likes bought “hobby” farms to store their own wealth (and protect it from IHT) which has backfired for the actual real farmers who deserve our support especially when grow our food and supply our milk.

I feel for the people who are multi generational and own small but not insignificant (more then £3m) farms who will be affected, especially those who’s ownership is in the hands of 70:80 year old men & not yet passed to their sons / daughters.

But it’s tricky - why should the ultra rich around the Cotswolds get to play the system at the expense of the dairy farmers in NI or Arable farms in NYorks etc?

There must be a better way. Why don’t labour start by taxing the oligarchs in London? That would potentially bring more revenue but no doubt affect the free football season tickets and access to private members clubs in the city.

The NFU have chuckled along for years as agricultural land increased in value, way above inflation. It is partly down to their lobbying for all the benefits Farmers actually get, that prices became so high. The NFU is made up of wealthy people who are very used to serving themselves long before the general public.

Bitofashithouse · 19/11/2024 21:04

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AquaPeer · 19/11/2024 21:03

Memyselfmilly · 19/11/2024 20:56

Do you know where Ireland imports its grain from?? I’ll give you one guess 😂😂😂

Yes, they’ll obviously stop importing grain when English farms aren’t family owned.

it’s funny how farmers paying inheritance tax will starve to death the inhabitants of another country as well as ours. What power these farmers hold when they don’t want pay their fair share of tax

Memyselfmilly · 19/11/2024 21:01

oakleaffy · 19/11/2024 20:59

Probably Ukraine, the ''Bread Basket'' of the World. {Or was}

Largest import - at least from 2022 - is from UK.

Wigglytails · 19/11/2024 21:00

The NFU should have stepped in when the price of farm land in England was going through the roof.

Harry Metcalfe, Jeremy Clarkson and the likes bought “hobby” farms to store their own wealth (and protect it from IHT) which has backfired for the actual real farmers who deserve our support especially when grow our food and supply our milk.

I feel for the people who are multi generational and own small but not insignificant (more then £3m) farms who will be affected, especially those who’s ownership is in the hands of 70:80 year old men & not yet passed to their sons / daughters.

But it’s tricky - why should the ultra rich around the Cotswolds get to play the system at the expense of the dairy farmers in NI or Arable farms in NYorks etc?

There must be a better way. Why don’t labour start by taxing the oligarchs in London? That would potentially bring more revenue but no doubt affect the free football season tickets and access to private members clubs in the city.

Spl3ndid · 19/11/2024 20:59

DreamTheMoors · 19/11/2024 20:56

Enjoy your fruits and vegetables, ma’am.
Chew carefully.

Love, a farmer.

https://ugc-assets.mumsnet.com/images/202411/large-cwp2hqkplokg5sHSfu0293W0xviEfgUlZTgsLp5h.png

Will do

https://ugc-assets.mumsnet.com/images/202411/large-cwp2hqkplokg5sHSfu0293W0xviEfgUlZTgsLp5h.png

oakleaffy · 19/11/2024 20:59

Memyselfmilly · 19/11/2024 20:56

Do you know where Ireland imports its grain from?? I’ll give you one guess 😂😂😂

Probably Ukraine, the ''Bread Basket'' of the World. {Or was}

oakleaffy · 19/11/2024 20:57

Spl3ndid · 19/11/2024 20:55

Plenty of wealth near me. I’m surrounded by farmers too.

Pretty wealthy round here, too! {Gloucestershire}.

Memyselfmilly · 19/11/2024 20:56

AquaPeer · 19/11/2024 20:51

I’m from an Irish farming family and farming is generally less class based there than here.

The farming industry was severely disrupted in the 50s-70s with migration of women to other countries and urban areas (due to lack of jobs)- the male farmers obviously stayed and were a great unmarried generation. 4 of my great uncles succumbed to this, which was a national disruption to the framing demographic.

we no longer have any farm land having sold it all off with their deaths (there are reliefs for inheritance tax for agricultural land in Ireland- much like Starmer is putting in place here- but it is subject to IHT there too)

this is not an uncommon story in Ireland in the last 50 years. I’m not aware that Ireland has sank into a food security emergency, maybe I missed it though.

Do you know where Ireland imports its grain from?? I’ll give you one guess 😂😂😂

DreamTheMoors · 19/11/2024 20:56

Boomer55 · 19/11/2024 16:59

I don’t support them, but thank you for asking. 🙂

Enjoy your fruits and vegetables, ma’am.
Chew carefully.

Love, a farmer.